News Release
April 2000

Bethlehem Steel's CEO and Moravian College’s Executive-in-Residence Barnette to teach first class and honor student investment club’s million-dollar achievement

(Bethlehem, Pennsylvania) Curtis H. Barnette ("Hank") will make his first visit to Moravian College as Executive-in-Residence on Tuesday, April 4. Moravian's Executives-in-Residence is a new program that brings business professionals into the classroom to enhance the learning environment by combining classroom theory with the expertise and insight of those working in the business world.

During the afternoon, Mr. Barnette will address the undergraduate Business Strategy and Policy Class in the Distance Learning Classroom in Bahnson Center. The presentation will be interactive, with students offering summaries of what they have learned from their research about the steel industry and Bethlehem Steel Corporation. Mr. Barnette will discuss the changes and developments that occurred under his leadership as Chairman & CEO of Bethlehem Steel Corporation. Later he will meet with faculty from the College’s Economics and Business Department and attend a reception with the Moravian MBA faculty, students, and alumni.

During the early evening, Barnette will speak at the Amrhein Investment Club dinner at the Sun Inn in Bethlehem. Barnette will make congratulatory remarks in response to the investment club’s phenomenal success, celebrating the achievement of a one million dollar plus portfolio. The student directed Amrhein Investment Club was founded in 1962 and started with an initial investment of $30,000. Currently, the portfolio’s total value is over $1.3 million. Barnette will also offer his insights on the "new economy" from the perspective of a company considered "traditional economy."

Barnette has served as the chairman and chief executive officer of Bethlehem Steel Corporation for the past eight years. Prior to that he served as senior vice president and director for 6 years, and as general counsel and secretary for 15 years. He joined Bethlehem Steel as an

attorney in 1967. Bethlehem Steel Corporation is one of the largest steel producers in the nation with annual revenues of over $4.4 billion and shipments of 8.6 million tons of steel annually.

Moravian College is a private, coeducational, selective liberal arts college located in Bethlehem, Pennsylvania. Tracing its founding to 1742, it is recognized as America's sixth-oldest college.