TO:  All travelers

FROM: David Gallagher

SUBJECT: Enhanced Travel Services

DATE:  February 1, 2003


I am pleased to announce that Baruch College has established a relationship with
Austin Travel, Inc., a nationally recognized agency which is offering wide-ranging
services and potential cost reductions to Baruch-affiliated travelers.

A stalwart “friend of Baruch,” Austin travel, ranking among the top 50 agencies in the
nation, employs a number of Baruch alumni, and is committed to providing our
travelers with appropriate corporate and government discounts and upgrade
opportunities on air/train transportation as well as lodging.

We recommend consulting Austin Travel and using their services for your travel
needs.  In order to register your affiliation with the College, please access the
agency’s web site at www.austintravel.com/corporate/ and complete the appropriate
Registration form and Traveler Profile form, as directed.  Upon receipt of your profile,
Austin Travel will input the data into their computer system so you will consistently
be assured of receiving preferred service when traveling.

Baruch-affiliated travelers seeking reimbursement from the College will still be
required to fill out required travel application forms and travel vouchers with
appropriate receipts and supporting documentation, as in the past.

We have arranged to begin working with Austin Travel on Monday, February 10,
2003.  From that date forward, please feel free to call any of Austin’s travel agents at
the telephone numbers listed on the attached Telephone Sheet.

Thank you for your cooperation with this cost-saving initiative, which should broaden
the range of travel options available to our community.  We look forward to success
in achieving greater efficiency, economic benefits and conveniences for all Baruch
College travelers.



AUSTIN TRAVEL – TELEPHONE SHEET




Ramon Hernandez, Manager    Telephone:  212-695-1235
Louise Baskerville                 800-632-3721
Bibi Goorahoo       Fax:  212-695-3317

Karen Karlquist Operations Manager   516-465-1061 X 3007
Bernadette Delardi Reservations Manager   516-465-1061 X 3272
Betina Gonzalez Account Executive   516-390-1951

Judi Adel  Vacation Travel Consultant  800-640-7451


Senior Management:     516-465-1000

Nick Slovak  Vice President & General Manager Corporate Ext. 3005
Roz Resnick  Vice President of Leisure Travel/Branch Offices Ext. 3120
Doug Caldwell Director of Meetings & Incentives   Ext.  3092
Dick Rich  Vice President of Sales    Ext. 32
Lewis Semmel  Chief Financial Officer    Ext. 3322
Jeff Austin  President & COO     516-465-1066
Larry Austin  Chairman & CEO     516-465-1065

(Hours: 9:00 a.m. to 5:30 p.m. – Mon. through Fri.)
After hours assistance phone number is 1-800-858-6319
Please use Code #:  0MQ5