Washington, DC-International Resources Group, an international professional services firm based in Washington, DC, announced today that Henri-Claude Bailly has joined the firm as Chairman of the IRG Advisory Board and Senior Advisor to the President. "Henri-Claude's vision and intellectual leadership have made him a major force in the energy and environmental fields worldwide, and we are delighted to welcome him to the IRG team," said IRG Chairman Dr. Philip Palmedo.

Mr. Bailly is the former chairman of the board of directors of NASDAQ-traded Hagler Bailly, an international management and economic consulting firm to the energy and utility industries that merged with PA Consulting Group in October 2000. Mr. Bailly served as Hagler Bailly's chief executive officer from the firm's founding in 1980 until April 1999.

IRG President and CEO Asif Shaikh noted, "For twenty years, Henri-Claude has been one of IRG's most respected competitors. On more than one occasion, we have wished we were on the same side. His presence at IRG strengthens us immeasurably, not just through his enormous personal skills and energy, but also through the community of people and ideas that he brings to IRG."

Before founding Hagler Bailly, Mr. Bailly was employed in successive positions from associate to managing director of Resource Planning Associates, an international energy, utilities, and environmental management consulting firm. Mr. Bailly currently is a partner of Resource Capital Group, a real estate development and management company headquartered in Cambridge, Massachusetts, and serves on the board of directors for nextep SA, a French energy management services company, and the Alliance to Save Energy. He is a former member of the National Coal Council, director of the United States Energy Association, and the current chairman of USEA's Trade and Development Committee. Mr. Bailly serves on the advisory boards of Matrix Group International and Automated Energy. In 1999, he received the USEA/Johnson Control Energy Efficiency Award in special recognition for outstanding leadership in energy efficiency.

"IRG is a place of intellectual leadership and vision," said Mr. Bailly, "not only in its traditional fields of energy and environment, but also in the major cross-cutting issues of our time such as poverty reduction, governance, and knowledge management.
I have known Phil and Asif for over 20 years and I very much feel at home here."

About IRG

International Resources Group (IRG) is an international professional services firm headquartered in Washington, DC. IRG focuses on providing practical solutions to complex, mission-critical problems for public and private sector clients worldwide.
Since its inception in 1978, IRG has completed over 600 contracts in more than
120 countries. IRG is committed to helping governments, industry, institutions, and communities understand and better manage resource options and capitalize on new opportunities that promote sustainable economic growth and social and institutional development.

CONTACT:
Cynthia Pflugh (cpflugh@irgltd.com) or
Asif Shaikh (ashaikh@irgltd.com)
Tel: 202/289-0100
Web site: www.irgltd.com