PwC gift supports Farmer School, Miami University

Oxford, Ohio, March 22, 2007—PricewaterhouseCoopers LLP, the assurance, tax and advisory services firm, today announced its continued support of Miami University and the Campaign For Love and Honor. The comprehensive efforts of PricewaterhouseCoopers partners, professional staff and the PwC Foundation have committed $1.1 million to benefit the university, the faculty and the students.

The funds will establish a new endowed chair position for a faculty member in accountancy in the Farmer School of Business. The $1.1 million commitment will be matched by $400,000 from a leadership gift pledged in 2005 by Richard T. and Joyce B. Farmer and the Farmer Family Foundation.

In addition to establishing the assistant professor chair, the PricewaterhouseCoopers commitment will continue to provide scholarships and other programmatic activities within the Farmer School, as well as continue supporting Miami's LeaderShape Institute.

Jay Henderson, managing partner of the Chicago office of PricewaterhouseCoopers and a Miami University Board of Trustees member, said, "PricewaterhouseCoopers believes in the value of investing in higher education and in the Farmer School, which consistently produces high performing individuals who build successful careers with our firm."

“PricewaterhouseCoopers has been a long-time supporter of Miami University, and its contributions – especially in faculty development and in student scholarships -- play an important role in developing tomorrow’s leaders,” said university president David C. Hodge.

PricewaterhouseCoopers is also the founding sponsor of the Governance, Risk Management and Reporting (GRMR) Conference launched last May at Miami and scheduled for April 26-27, 2007. Previous support from the firm includes endowment of the PwC Professorship in Accountancy and the Kelly Booms Memorial Scholarship in the Farmer School.

PricewaterhouseCoopers www.pwc.com provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. Its network consists of more than 140,000 professionals in 149 countries worldwide.

"PricewaterhouseCoopers" refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.

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