March 5, 2002

PRESIDENT AND GOVERNORS OF INTER-AMERICAN DEVELOPMENT BANK TO PAY HOMAGE TO LATE PRESIDENT JUSCELINO KUBITSCHEK Tray to be presented to daughter of statesman and founder of Brasilia

FORTALEZA, Brazil - The Inter-American Development Bank will pay homage Sunday to the late Brazilian President Juscelino Kubitschek, the founder of Brasilia and one of the creators of the IDB.

IDB President Enrique V. Iglesias will present a silver tray to Kubitschek’s daughter, Maristela Lopes, at a ceremony attended by the governors of the Bank and many high-level officials on the eve of the IDB’s Annual Meeting, to be held March 11-13.

Kubitschek, born 100 years ago, founded the capital of Brasilia while serving as president and was decisive in the establishment of the IDB, whose creation he prompted by a letter to President Eisenhower and later promoted through his development plan, Operação Pan-Americana.

Outside of Brazil, as well as in his own country, Kubitschek has been widely praised for his contributions to building unity and integration of the Americas and for his efforts and ideas in promoting economic and social development in the framework of democracy.