STATEMENT OF TAX DIVISION ASSISTANT ATTORNEY GENERAL EILEEN J. O'CONNOR REGARDING THE INTERNAL REVENUE SERVICE'S SETTLEMENT OFFER FOR USERS OF THE "SON OF BOSS" TAX SHELTER:

The following press release was published by the US Department of Justice on May 5, 2004. It is reproduced in full below.

FOR IMMEDIATE RELEASE WEDNESDAY, MAY 5, 2004 WWW.USDOJ.GOV TAX (202) 514-2007 TDD (202) 514-1888 “The Department of Justice is working tirelessly to help the IRS obtain the details of potentially abusive tax shelters and the identities of their promoters and users. Honest taxpayers deserve to know that people who violate the tax laws will be caught, required to pay what they owe and subjected to appropriate penalties.” 04-302

Source: US Department of Justice