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 November 1997    

UNU Chosen as Peter Teravainen's preferred charity
Peter Teravainen, an American professional golfer and winner of the 1996 MasterCard-Tom Watson Prize, chose the UNU as the recipient of a \3 million cash donation that will be made on his behalf by the credit card giant MasterCard. The cash donation to a Japan-based charity of Mr. Teravainen's choice from MasterCard is one part of the grand prize he won for a remarkable shot he made during last year's Japan Open Golf Tournament. Mr. Teravainen selected the UNU to be the recipient of this donation over numerous other worthwhile philanthropic organizations.

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