THE WHITE HOUSE

                     Office of the Press Secretary
                         (Aboard Air Force One)
________________________________________________________________________
For Immediate Release                                      July 29, 1999

     PRESIDENT CLINTON NAMES ZELL MILLER AS MEMBER OF THE BOARD OF
        DIRECTORS OF THE OVERSEAS PRIVATE INVESTMENT CORPORATION

     The President today announced his intent to nominate Zell Miller to

serve as a member of the Board of Directors for the Overseas Private Investment Corporation (OPIC).

Governor Zell Miller, of Atlanta, Georgia, is the former governor of Georgia. As governor, he received national acclaim for his work in education and economic development. The Washington Post in 1998 called him the most popular governor in America, and Governing Magazine named him Governor of the Year in 1998. Governor Miller is currently Presidential Professor of Higher Education at the University of Georgia. He has served as chairman of many national associations, including the Education commission of the States, Southern Regional Education Board, and the Council of State Governments.

Governor Miller received both his BA and his MA from the University of Georgia.

The Overseas Private Investment Corporation (OPIC) assists U.S. investors in making profitable investments in both developing and established countries. The Corporation offers assistance in identifying investment opportunities, providing insurance to protect investments, and by offering loans and loan guarantees to help finance projects.

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