To: StockDung who wrote (80536 ) 9/27/2002 9:12:35 PM From: J. Nelson Respond to of 122087 ( BW)(PLATTS)(MHP) IAEA Denies US Claim It Knows Iraq Rebuilt Nuclear Program, According to Platts,....... Business Editors VIENNA, Austria--(BUSINESS WIRE)--Sept. 27, 2002--According to the Platts publication NuclearFuel, the United Nations' International Atomic Energy Agency denies US assertions - made in a "talking points" memo for US diplomats to use in confidential talks with other national governments or background discussions with the media - that the IAEA has proof Iraq's nuclear weapons program has been reconstituted. The IAEA has no such proof and has drawn no such conclusions, IAEA officials told Platts. Platts is the energy information, consulting, research and marketing services division of The McGraw-Hill Companies (NYSE: MHP). The confidential memo was drawn up within the US State Department for use by diplomats trying to persuade other countries or the media to back President George W. Bush's option to invade Iraq. One of the Bush Administration's rationales for invasion is to enforce UN resolutions, voted after the Gulf War, on disarming Iraq. From 1991 to 1998, the IAEA dismantled Iraq's known nuclear infrastructure. IAEA inspectors have been barred from Iraq since 1998. The State Department memo claims the IAEA now has satellite photos proving Iraq's nuclear program has been put back together, Vienna sources told Platts. The IAEA says it has only commercially available photos, which are not of sufficient quality for the agency to make such conclusions, nor has it. The full story, reported by senior editor Mark Hibbs, is in today's edition of NuclearFuel, a Platts' newsletter focusing on nuclear fuel cycle issues including nuclear weapons proliferation. Platts is the world's largest and most authoritative provider of energy information and marketing services, with 14 offices worldwide. Products range from real-time and Internet-based news and price assessment services, to newsletters, market reports, databases, geospatial tools, magazines, conferences, research and consulting services and energy financial services. Platts offerings cover the oil, natural gas, electricity, nuclear power, coal, petrochemical and metals markets. Every day, more than $10 billion of trading activity and term contract sales are based on Platts' price assessments. Additional information is available at www.platts.com and www.plattsmetals.com. Founded in 1888, The McGraw-Hill Companies is a global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, BusinessWeek and McGraw-Hill Education. The Corporation has more than 350 offices in 33 countries. Sales in 2001 were $4.6 billion. Additional information is available at www.mcgraw-hill.com. --30--JK/ny csm CONTACT: Platts Jim Keener, 720/548-5624 james_keener@platts.com or RF Binder Partners Janine Lang, 212/994-7525 janine.lang@rfbinder.com KEYWORD: AUSTRIA INTERNATIONAL EUROPE INDUSTRY KEYWORD: GOVERNMENT AEROSPACE/DEFENSE SOURCE: Platts