Stephanie Greenman Stone (415) 379-5121

Two New Members Elected to Serve on the
California Academy of Sciences Board of Trustees

SAN FRANCISCO (November 9, 2005) – The California Academy of Sciences Board of Trustees Chair, Richard Bingham, is pleased to announce that two new members have been elected to the Academy's board of trustees. The new board members are as follows:

Peter Y. Chung: Peter Chung is a General Partner at Summit Partners, L.P. Founded in 1984, Summit is a leading private equity and venture capital firm with over $8.8 billion in capital under management. At Summit, Chung has focused on growth equity and recapitalization investments in technology, healthcare and financial services companies. He has served on the boards of numerous public and private companies.

Born and raised in the Chicago area, Chung received an A.B. from Harvard University (Magna Cum Laude), and an M.B.A. from Stanford University. Prior to joining Summit, he worked in the Mergers & Acquisitions Department of Goldman, Sachs & Co. Chung also serves as a member of the Advisory Board of The Salvation Army in San Francisco. He currently resides in Hillsborough, California with his wife Betsy and their two sons. In addition to work and family, his interests include fly fishing, mountaineering and a number of other outdoors activities.

Edward A. Gilhuly: Based in Menlo Park, Ned Gilhuly is a Member of Kohlberg Kravis Roberts & Co., L.P. Founded in 1976, KKR is one of the world’s oldest and most experienced private equity firms. Gilhuly joined KKR in 1986 and has been a partner since 1995. In December 1998, he relocated with his family to London to start up KKR’s business in Europe. KKR has invested approximately $4.5 billion of equity capital in 16 transactions in Europe and has a team of 25 professionals today.

Before joining KKR, Gilhuly graduated from Duke University with a B.A. in Economics (Magna Cum Laude), worked in the Mergers and Acquisitions group of Merrill Lynch Capital Markets in New York , and received an M.B.A. (Arjay Miller Scholar) from the Graduate School of Business at Stanford University. He currently resides in Woodside, California with his wife Karen and their four children.