Leaders in the Private Equity Industry to Be Honored in Hall of Fame; The 12th Annual Event Sept. 20 & 21 at the Waldorf-Astoria in New York

Honorees for the 2005 Hall of Fame in the venture capital categoryare: Franklin "Pitch" Johnson, William Draper Jr., and William DraperIII. The three are being honored for their key roles in developing twoof the West Coast's first venture capital firms, specifically Draper,Gaither and Anderson and Draper & Johnson Investment Company. Theirwork in the venture capital industry spread further with Mr. Johnsonfounding Asset Management Company and Mr. Draper III founding SutterHill Ventures.

The private equity firm Warburg Pincus also will be inducted intothe Hall of Fame in honor of its distinguished track record investingin everything from startups to large buyouts in industries rangingfrom technology to health care to manufacturing. Investment advisorCambridge Associates is being honored for its role in introducinguniversities, foundations, wealthy families, endowed institutions andpublic and corporate pension funds to private equity as well as itsrole in educating the industry, specifically its tracking of returnsand providing industry standard benchmarks.

Stan Pratt, the editor and publisher of the Venture CapitalJournal also is to be honored this year as an industry contributor.Mr. Pratt is also being recognized for his role as founding generalpartner of Abbott Capital Management, one of the early registeredinvestment managers for private equity funds-of-funds.

The Private Equity Hall of Fame was established in 1994 to honorindividuals and organizations that made exemplary and enduringcontributions to the private-equity community. All told, 46individuals and firms have been honored. Previous inductees includeGen. Georges Doriot, Thomas H. Lee, Alan Patricof, The BlackstoneGroup, Greylock, Kleiner, Perkins, Caufield & Byers, and YaleUniversity.

The inductees will be honored at a special ceremony on the firstday of the Private Equity Analyst Conference, sponsored by PaulCapital Partners. Other sponsors of the conference include KPMG; DLAPiper Rudnick Gray Cary; Merrill Corporation; Nixon Peabody LLC; UBSInvestment Bank; Warburg Pincus LLC; Churchill Capital; Palmeri FundAdministrators; and Duff & Phelps, LLC. Media sponsors include TheWall Street Journal, Barron's, and CNBC.

For more information or to register, please call Jamie Calacanisat (201) 938-5181, email: jamie.calacanis@dowjones.com or visithttp://www.dowjones.com/events/peac/index.html

About Private Equity Analyst

Private Equity Analyst (www.PrivateEquityAnalyst.com), publishedby Dow Jones & Company, Inc., is the leading provider of data, newsand analysis for private equity professionals. Related productsinclude The Venture Capital Analyst (Technology and Health Careeditions); a series of senior level executive conferences includingthe Private Equity Analyst Conference (NY), the Private Equity AnalystOutlook Conference (NY) and The Limited Partners Summit series (NY,SF, Zurich); cutting edge research reports on critical private equitytopics such as terms and conditions, compensation and liquiditytrends; and, the most respected and referenced directories for theindustry including Galante's Venture Capital & Private EquityDirectory and The Directory of Alternative Investment Programs.

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