Statement by the Press Secretary: Report of Independent Counsel (9/20/00)
                              THE WHITE HOUSE

                       Office of the Press Secretary

_______________________________________________________________________
For Immediate Release                                     September 20,
2000


                     STATEMENT BY THE PRESS SECRETARY

     Robert Ray is now the latest investigator to complete an examination
of the transactions related to White Water Development Co. and conclude
that there are no grounds for legal action.

                                 30-30-30


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