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For Additional Information Contact: Sarah Johnson 312-554-3409 [email protected]

SENIOR MANAGER KEITH R. BENEDIX JOINS JOHN R. WATERS & COMPANY

Chicago, IL, August 19, 2004 – John R. Waters & Company announced that Keith R. Benedix has joined the firm as a Senior Manager.

“We are extremely pleased Keith has decided to join our growing firm.” quoted Bill Hogan, partner with John R. Waters & Company. “He brings a great deal of experience and industry knowledge to the firm.”

Mr. Benedix has over 20 years of experience as a CPA and previously worked for several mid and large size firms in the Chicago area, including American Express Tax and Business Services Inc., Checkers, Simon & Rosner LLP, and Goldberg Geiser & Co., Ltd. He brings with him a wealth of experience in all areas of tax, accounting and business consulting. In addition, Mr. Benedix has extensive knowledge in the fields of Manufacturing and Distribution, Construction, Wholesale and Professional Service. When asked why he joined John R. Waters & Company, he said, “I was drawn to working with this firm due to their focus and commitment to client service. Working for a firm this size will also allow me to provide the same level of professional knowledge at a higher level of client service than ever before.”

-More- About John R Waters and Company

John R Waters & Company is a leading Chicago and Wilmette based CPA firm. Founded in 1971, John R Waters & Company has been helping clients preserve their assets and achieve their financial goals. They provide a variety of services ranging from traditional auditing and accounting services to tax and strategic financial planning, business valuation, attest services, estate planning and estate and trust management, as well as specialized services for specific business types. Clients include privately held companies and private individuals. More information on John R Waters & Company can be found at www.jrwaters.com or by calling 312-554-3400.

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