House Oversight — Estate records
HOUSE_OVERSIGHT_033338
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011.- .... ft JON/ U g a/ /7 2 et: 43089::.71 Fla 8:141:31, 41.21t) rw / ,//€,t/ feiltc v-5 Ho TELIS.RE EXHIBIT "C" FOR IMMEDIATE RFE VASE For more information contact Donald J. Trump (212) 832-2000 New York, June 13,2000 — Donald J. Tramp and Nicholas L. Ribis today confirmed that theY have mumallY agreed to end their formal, pmfessional relationship. The announcement comes at the conclusion of the second five year contract between Mr. Ribis and Trump Hotels & Casino Resorts, Inc. Mr. Trump commented, 'Nick Ribis has worked closely with me since the early 1990s and the evolution of our gaming company into a publicly-owned entity. Given my desire to play a greater role in the Company's day-to-day activities, I can understand Nick's decision to pursue other opportunities at the chief executive officer level." Mr. ftibis said that the time was right for a career change. "Donald's New York City real estate business has reached an unparalleled level and he, appropriately, wants to focus on Atlantic City, his other principal activity. While Donald and I have been a te:am for many years, there is only room for one decision-maker in any organization. I respect Donald's decision to focus on Atlantic City and wisli Mr. Ribis' tenure with Trump includes 14 years as an outside attotney and 10 years as Chief Executive of first The Trump Oriwintion and later Trump Hotels & Casino Resorts, Inc.. Mr. Ribis has entered into a one-year agreement to work on special projects for The Trump Org,anizattion.