LOS ANGELES, June 16, (PRIMEZONE)


 Who:     Los Angeles Mayor, Richard J. Riordan, Los Angeles Deputy
          Mayor, Rocky Delgadillo, District 10 City Councilman,
          Nate Holden, Shamrock Advisors President and Chief Executive
          Officer, Stanley P. Gold, McDonald's Corporation Regional
          Vice President, Jeff Schwartz. 
 
 What:    On-site press conference to announce capitalization of the
          Genesis LA Real Estate Investment Fund, the first $1 million
          retail corporate sponsor  and the addition of six new
          Genesis LA project sites.  Photo opportunities, project
          models, exhibit tables, renderings of other Genesis LA sites
          and eclectic architectural backdrop.
 
 Why:     Mayor Riordan will make a major news announcement regarding
          Genesis LA, an innovative strategy comprised of public-
          private partnerships created to revitalize neglected and
          underutilized industrial and retail sites while creating
          jobs.  Genesis LA has received funding for both its private
          sector for-profit fund and non-profit organization.
 
 Where:   Samitaur Multi-Media Office Campus at the Kodak Building
          5800 West Jefferson Blvd., Culver City
          (Jefferson near National Blvd.
          Parking off of Jefferson Blvd.)
 
 When:    Monday, June 19, 2000, 9:30 a.m.
 
 Contact:  Jessica Copen, Office of the Mayor, 213-847-4407
 
 Refreshments will be served.
 
                            EVENT CANCELLED

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