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Financial Times and Goldman Sachs Launch Business Book of the Year Award

The Financial Times and Goldman Sachs launched the inaugural Business Book of the Year Award on Monday 11th April 2005.

The Award is designed to highlight the business book that provides the most compelling and enjoyable insight into modern business issues, including management, finance and economics. Entries will be invited from publishers of business books in the English language, that are first published between 31st October 2004 and 1st November 2005. The deadline for entries is 30th June 2005 and the entry form is available online (www.ft.com/bookaward).

The judging panel will select up to six runners up and one overall winner, who will be announced at a special ceremony in London in November 2005. The panel comprises:

• Lloyd C. Blankfein, president and chief operating officer, The Goldman Sachs Group, Inc

• John Gapper, chief business commentator and associate editor, Financial Times

• Jeffrey Garten, dean, Yale School of Management

• Andrew Gowers, editor, Financial Times

• Rachel Lomax, deputy governor for monetary policy, Bank of England

• N.R. Narayana Murthy, chairman and chief mentor, Infosys Technologies

• Sir Martin Sorrell, chief executive, WPP

The winner will be awarded £30,000, and each of the other shortlisted authors will receive £5,000.

Andrew Gowers, editor of the Financial Times, said: “Amid the huge number of business books published around the world every year, a small number stand out for their originality of thought, quality of writing and accessibility of content. These are the books that quickly become a must read for anyone who’s serious about business. The aim of this unique prize is to help our readers sort these grains of wheat from the chaff.”

Lloyd C. Blankfein, president and chief operating officer, The Goldman Sachs Group, Inc, said: “The number of business books being written has grown dramatically as an increasing number of people take a real interest in business, finance and markets. It’s important to highlight excellence in this field and we are delighted to be directly involved.”

A briefing will be held for publishers in London on Wednesday 27th April, from 10am-12pm, at the Financial Times, Number One Southwark Bridge, London SE1 9HL. A briefing will also be held for publishers in New York on Wednesday 11th May.

For further information or to attend the London or New York briefings, please contact:

Joanna Manning-Cooper/Katy Hemmings, Financial Times, +44 207 873 4447/3811, Joanna.manning-cooper@ft.com/katy.hemmings@ft.com

Peter Rose, Goldman Sachs, +1 212 902 3144
Peter.rose@gs.com

Notes to Editors

Entry Forms and copies of the Conditions of Entry are available from www.ft.com/bookaward. This new annual Award aims to identify the book that provides the most compelling and enjoyable insight into modern business issues, including management, finance and economics. A shortlist of up to 6 titles will be announced in early autumn, and the winner will be announced at a gala event in London in November 2005. Submissions are invited from publishers or bona fide imprints based in any country.

Eligibility

Books must be published for the first time in the English language, or in English translation, between 31st October 2004 and 1st November 2005. There is no limit to the number of submissions from each publisher/imprint, provided they fit the criteria, and books from all genres are eligible. There are no restrictions of gender, age or nationality of authors. Authors who are current employees of the Financial Times or Goldman Sachs, or the close relatives of such employees, are not eligible.

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