For release: Nov. 01, 2002

Mueller and Metcalfe Re-Appointed to St. Louis Fed Board

St. Louis — The Board of Governors of the Federal Reserve System in Washington, D.C., has re-appointed Charles W. Mueller as chairman of the board of directors of the Federal Reserve Bank of St. Louis and Walter L. Metcalfe, Jr., as deputy chairman. Mueller is chairman and chief executive officer of Ameren Corporation, and Metcalfe is chairman of Bryan Cave LLP.

Mueller is also a member of the boards of directors of St. Louis Children's Hospital, Angelica Corporation, Webster University, the St. Louis Symphony Orchestra, BJC Health System, Civic Progress, the United Way of Greater St. Louis, and the Regional Chamber and Growth Association.

Metcalfe also serves on the boards of trustees of Washington University, the Danforth Foundation and the Pulitzer Foundation for the Arts, and is a member of the board of directors of the Regional Chamber and Growth Association.

With branches in Little Rock, Louisville and Memphis, the Federal Reserve Bank of St. Louis serves the Eighth Federal Reserve District, which includes all of Arkansas, eastern
Missouri, southern Indiana, southern Illinois, western Kentucky, western Tennessee and northern Mississippi. In addition to serving as a bank for depository institutions and the U.S.
government, each Reserve Bank monitors economic conditions in its District, participates in formulating monetary policy, and supervises state-chartered member banks and bank holding companies to foster safety and soundness of the District's banking and financial institutions and to protect the credit rights of consumers.

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