As a result of our experience in responding to problems arising from such diverse events as natural disasters and power outages, as well as liquidity problems in institutions, we expect to be well positioned to deal with Year 2000 problems that might arise.
We are mindful, however, that Year 2000 failures may present many unique situations and we are developing specific contingency plans to address various operational scenarios. Our existing business resumption plans will be updated to address date-related difficulties, and key technical staff will be ready to respond quickly to problems with our computer and network systems.