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The J. Paul Getty Trust Names Four New Appointments To Its Board Of Trustees

December 5, 2005

LOS ANGELES—The J. Paul Getty Trust announces four new appointments to its Board of Trustees.  They are Stewart A. Resnick, William E. B. Siart, Mark S. Siegel, and Peter J. Taylor. Representing a wide range of expertise in business, education, government, the arts, and the nonprofit world, these four new trustees will bring a wealth of experience and energy to the Getty.

"We are honored that these outstanding individuals have agreed to sit on the Getty's board," says John H. Biggs, chairman of the Getty's Board of Trustees. "They bring a collective strength to the table, a deep familiarity with our community, and a passion for the arts that support the Getty’s varied goals."

Adds Barry Munitz, president and chief executive officer of the J. Paul Getty Trust, “These four individuals are experts in their respective fields and are well-respected both locally and nationally.  The Getty's work in education, philanthropy, and public service through the visual arts will be well served by their insight and contributions.  We look forward to working with them to help shape the Getty's future."

Members of the Board of Trustees include leaders in the fields of art, education, and business who volunteer their time and expertise on behalf of the Getty. The new trustees will join John H. Biggs, Louise H. Bryson, Ronald W. Burkle, Ramon C. Cortines, Lloyd E. Cotsen, Barbara G. Fleischman, Agnes Gund, Joanne Corday Kozberg, Barry Munitz, Luis G. Nogales, Steven B. Sample, and Jay S. Wintrob.

<b>Stewart A. Resnick</b> is the CEO and chairman of Roll International Corporation, a company he founded in 1962, which includes Teleflora, Fiji Water, The Franklin Mint Corporation, and Paramount Agribusiness, the largest California grower and processor of nuts, citrus fruits, and pomegranates. He is a member of the executive board of the University of California, Los Angeles, Medical Sciences, and of the advisory board of the Anderson School of Management at the University of California, Los Angeles. He currently serves as a trustee of the California Institute of Technology, Bard College and Conservation International.

<b>William E. B. Siart</b> is the chairman of the board of Excellent Education Development, a nonprofit corporation that develops and manages charter public schools.  He was the former chairman and chief executive officer of First Interstate Bancorp, a $60 billion banking company located in 13 Western states with over 40,000 employees that was acquired by Wells Fargo in 1996. Siart is active in many community and business organizations, serving as chairman of the board of Walt Disney Concert Hall, Inc. and as a member of the board of directors of the Los Angeles Philharmonic Association and the Music Center Foundation.  He is also a member of the board of trustees and chairman of the finance committee of the University of Southern California, a member of the board and chairman of the audit committee of the California Community Foundation, and chairman of the board and a director of Western Asset Fund Group.

<b>Mark S. Siegel</b> is the founder and president of ReMY Investors & Consultants, Inc., and the chairman of the board of directors of Patterson-UTI Energy, Inc., a leading oil services company headquartered in Snyder, Texas.  Previously, he was president of Blockbuster Music, a division of Blockbuster Entertainment Corp.; and executive vice president and managing director of Shamrock Holdings, Inc. and Trefoil Capital, a group of investment companies.  Siegel practiced law for 12 years, acting as counsel to major figures in the entertainment and media industries. An active member of the community, Siegel is currently a member of the board of directors and executive committee of Cedars-Sinai Medical Center and the chairman of its finance 
committee, and a trustee of MOCA (The Museum of Contemporary Art in Los Angeles).

<b>Peter J. Taylor</b> is a managing director based in the Los Angeles office of Lehman Brothers, working with state and local governments as well as electric and natural gas utilities. In 2004, he served as the lead banker on the State of California’s Economic Recovery Bond issuance of $10.89 billion. Active in the community, Taylor has served on various boards and commissions. He was appointed by Governor Arnold Schwarzenegger to the California Performance Review Commission, which was charged with reviewing and recommending ways to reform the framework of state government.  He was appointed by Governor Gray Davis to the California Student Aid Commission. Taylor has been the executive director of the nonprofit Coro Foundation in Los Angeles, and is currently the immediate past chair of the board of directors of the UCLA Foundation.

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John Giurini
Getty Communications Department

About the Getty:

The J. Paul Getty Trust is an international cultural and philanthropic institution devoted to the visual arts that features the Getty Conservation Institute, the Getty Foundation, the J. Paul Getty Museum, and the Getty Research Institute. The J. Paul Getty Trust and Getty programs serve a varied audience from two locations: the Getty Center in Los Angeles and the Getty Villa in Malibu.

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