DENNIS P. NEUMANN

Dennis P. Neumann was promoted to Chairman and CEO of the Bank of New York Capital Funding LLC in July of 1995. BNY Capital Funding is the seventh largest bank leasing company in the United States with assets of over $12.0 billion. It contains four separate business lines which include large capital asset tax-advantaged leveraged leasing, a single investor leasing company in Colorado, asset-backed transportation lending and small ticket leasing.

In 1993 Mr. Neumann was promoted to Executive Vice President and Head of U, S. Commercial Banking where his duties included membership on the Bank's Corporate and Institutional Credit Committee as well as the Asset and Liability Committee. 1Es outside affiliations include Vice Chairman of the Board of Directors of the of the Equipment Leasing Association (ELA), the first Chairman of the large ticket Steering Committee of the ELA, member of the Business Advisory Council of Northwestern University School of Transportation, member of University of Illinois Business School/Business Advisory Council, and The Wings Club of New York

Mr. Neumann joined The Bank of New York in 1989 as Senior Vice President and President of BNY Capital Funding. Prior to joining the Bank, he was Managing Director of First Chicago Leasing Corporation and a Director of Tiger Financial Services, a subsidiary of North American Car Corporation and Tiger International.

Mr. Neumann holds a Bachelor of Science from The University of Illinois and a Masters of Management from the J. L, Kellogg School of Management at Northwestern University.