THE WHITE HOUSE Office of the Press Secretary ________________________________________________________________________ For Immediate Release May 5, 1995 STATEMENT BY THE PRESIDENT Hillary and I were deeply saddened to learn today of the death of Lewis Preston. As President, Lewis Preston brought strong management to the World Bank. During a time of monumental change in the international arena, including the entry of the former Soviet Union into the free-market and the emergence of a democratic South Africa, Lewis Preston provided steady leadership and helped to make the World Bank a more open and effective institution. Our thoughts and prayers are with his family and friends. -30-30-30-