Neuberger Berman Open For Business

    NEW YORK, Sept. 14 /PRNewswire/ -- Neuberger Berman (NYSE:   NEU), the New
 York-based investment management firm, announced today that it is totally
 prepared for the reopening of the U.S. equity markets on Monday.  The firm is
 fully operational.
     "We are stunned and outraged by the horrific acts of terrorism against the
 American people and our financial system.  On a very personal level, we are
 terribly saddened by the devastating loss of life, and our hearts go out to
 all the victims and their families," said Jeffrey B. Lane, Neuberger Berman
 President and CEO.
     "No Neuberger Berman employees were physically injured from the
 destruction of the World Trade Center; however, all were impacted by these
 terrible events," Mr. Lane said.
 
     Neuberger Berman Inc. through its subsidiaries is an investment advisory
 company with $58.2 billion in assets under management, as of June 30, 2001.
 For more than 60 years, the firm has provided clients with a broad range of
 investment products, services and strategies.  The company engages in private
 asset management, wealth management services, tax planning and personal and
 institutional trust services, mutual funds and institutional management, and
 professional securities services for individuals, institutions, corporations,
 pension funds, foundations and endowments.  Its website, and this news
 release, can be accessed at http://www.nb.com.
 
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SOURCE  Neuberger Berman