News Release -- 1998

New Director for Pension Plan

Donald E. Fecher was named Director of Pension Plan and Pastors' Financial Services for Brethren Benefit Trust, effective January 5, 1998. Pension Plan responsibilities will include oversight and management of all plan operations and pension-related issues. Fecher will also serve as administrator of the Retired Church Workers Fund, be a resource on tax and legal issues related to pastors and begin developing financial and retirement planning seminars. Don will continue to carry some of his current duties as BBT Manager of Accounting until his replacement is on the job.

Wil Nolen, president of the Brethren Benefit Trust said, "Don has a broad background in finance and consumer financial products and the leadership capability to give strategic direction to our retirement plans and financial planning services."