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A.T. Kearney Procurement Solutions Announces Services Agreement with WorldWide Retail Exchange

Premier B-to-B Retail and Manufacturing Exchange to Gain Access to Customized Sourcing Services Augmenting its WorldSOURCE™ solution suite

CHICAGO, Illinois (May 27, 2004)
A.T. Kearney Procurement Solutions, the eSourcing technologies and services unit of A.T. Kearney, a global management consulting firm, today announced that they have signed an agreement with the WorldWide Retail Exchange (WWRE®). The agreement gives the WWRE access to a Supplier Repository, in the form of customized supplier search capabilities, and also provides its members access to Supply Market Solutions, a web-based resource for strategic sourcing content and methodologies. By enabling members with access to knowledge repositories and ready-to-use sourcing/procurement templates for data gathering, these services will expand the WWRE WorldSOURCE suite, which contains Negotiations/Auctions and Collaborative Procurement offerings. “The relationship with A.T. Kearney Procurement Solutions allows us to provide our members with valuable sourcing services that enhance the procurement process,” said Sally Herbert, Chief Commercial Officer of the WWRE.

“A.T. Kearney Procurement Solutions has created customized sourcing support services and business tools which can be tailored to our members' specific sourcing and procurement requirements,” adds Pete Plotas, Director of Strategic Alliances, WWRE. “This relationship will benefit any WWRE member with a focus on sourcing.”

“This agreement is the first of its' kind,” says Joe Raudabaugh, CEO of A.T. Kearney Procurement Solutions. “We are happy to be working with a forward-thinking group like the WorldWide Retail Exchange. They built their organization on the same principles as A.T. Kearney Procurement Solutions—with a focus on eliminating inefficiencies in the supply chain. We applaud their efforts and are glad to be one of their partners in delivering value to their clients.”

About WWRE
The WWRE is the premier Internet-based business-to-business exchange for retailers and suppliers. Designed to facilitate and simplify trading between retailers, suppliers, partners and distributors, the WWRE currently consists of members from Africa, Asia, Europe, North America and South America with combined sales of approximately U.S. $900 billion. To date, the WWRE has saved its members over $1.6 billion through the use of online negotiations, its first product offering. For more information, visit the website at www.wwre.org or www.worldwideretailexchange.org.

About A.T. Kearney
A.T. Kearney Procurement Solutions (www.atkearneyprocurementsolutions.com) provides comprehensive strategic procurement services to clients with needs that range from tactical cost savings to outsourced strategic sourcing services to complete procurement transformation. A.T. Kearney Procurement Solutions augments the strategic sourcing expertise of A.T. Kearney (www.atkearney.com), one of the world's largest and fastest-growing management consulting firms. With a global presence that includes more than 60 offices in 37 countries, spanning major and emerging markets, A.T. Kearney provides strategic, operational, organizational and technology consulting and executive search services to the world's leading companies. A.T. Kearney is the high-value management consulting subsidiary of global services leader EDS.

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