Girls Inc. AND THE GOLDMAN SACHS FOUNDATION KICK-OFF FIRST ANNUAL CAMP FOR ASPIRING WOMEN ENTREPRENEURS OF TOMORROW

GIRLS INCORPORATED AND THE GOLDMAN SACHS FOUNDATION KICK-OFF FIRST ANNUAL "CAMP" FOR ASPIRING WOMEN ENTREPRENEURS OF TOMORROW

Weeklong Corporate Exploration Camp Motivates Girls to Become Business Owners

NEW YORK, NY July 2006 - Girls Incorporated and The Goldman Sachs Foundation kick-off Girls Inc. Corporate CampSM for Entrepreneurs - a unique six-day experience that gives teen girls from across the country the opportunity to fuel their entrepreneurial spirits, showcase their talents and sharpen their leadership skills. From July 22 through July 28, 2006, this one-of-a-kind summer experience awards 15 girls, ages 15-18, an exciting corporate adventure at Goldman Sachs' New York headquarters offering insight into the demanding business world and access to successful female professionals.

Girls Incorporated, a national non-profit organization dedicated to inspiring all girls to be strong, smart and boldSM, partnered with The Goldman Sachs Foundation, a global philanthropic organization funded by The Goldman Sachs Group, Inc., to develop a program that provide girls the opportunity to manage new ventures, make business decisions and understand how entrepreneurship can lead to economic independence. During the camp, participants attend business plan coaching sessions lead by Goldman Sachs, address the concerns of sustaining a business and interview women entrepreneurs in New York City.

To round out their experience, "campers" also meet female restaurateurs and hear presentations from women-operated non-profit organizations and other businesses executives to gain additional knowledge of the challenges and rewards of entrepreneurship.

"We are delighted to partner with The Goldman Sachs Foundation on this year's Girls Inc. Corporate CampSM for Entrepreneurs," said Joyce Roch', President and CEO of Girls Incorporated. "This is a unique opportunity that encourages girls to take a compelling idea and transform it into a business model. They develop confidence, take calculated risks and demonstrate leadership. These are invaluable skills that will carry them into college and beyond, and we're proud that one of the world's most prestigious investment banks appreciates the importance of empowering girls."

Stephanie Bell-Rose, president of The Goldman Sachs Foundation says, "Our mission is to promote excellence, create innovative learning experiences and improve the academic performance of young people globally. Partnering with Girls Inc. only supports the Foundation's mission by giving these young ladies an opportunity to explore the possibilities of their futures."

The Girls Inc. Corporate CampSM for Entrepreneurs 2006 Participants
Selection of participants is based on a nationwide competition in which girls at Girls Incorporated affiliates are asked to develop their own original product or service and create a business plan. This year's winning entries are:

• LOCO KICKS - Shoe store and website offering sandals, sneakers and slippers customized by material, color and accessories

• BEAUTIFUL BLING - Accessory customization service with colorful decorations for cell phones, iPods, and sunglasses

• THE PERFECT FIT - Boutique clothing store offering name brand apparel and personalized alterations

To read about the girls behind the winning teams, visit www.GirlsInc.org.

Girls Incorporated' is a nonprofit organization that inspires all girls to be strong, smart, and boldSM. With local roots dating to 1864 and national status since 1945, Girls Inc. has responded to the changing needs of girls through research-based programs and public education efforts that empower girls to understand, value, and assert their rights. In 2004, Girls Inc. reached nearly 800,000 girls through Girls Inc. affiliates, its website (www.girlsinc.org), and educational publications.

The Goldman Sachs Foundation is a global philanthropic organization funded by The Goldman Sachs Group, Inc. The Foundation's mission is to promote excellence and innovation in education and to improve the academic performance and lifelong productivity of young people worldwide. It achieves this mission through a combination of strategic partnerships, grants, loans, private sector investments, and the deployment of professional talent from Goldman Sachs. Funded in 1999, the Foundation has awarded grants of $72 million since its inception, providing opportunities for young people in more than 20 countries.