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LOral USA launches new science fellowship program

New York, NY May 15th, 2003..L'Oral USA has announced the creation of a new for Women in Science U.S. Fellowship Program. Designed to continue the legacy of support and encouragement that has become a trademark of the company's international initiative, the L'ORAL-UNESCO for Women in Science Awards, the new U.S. Fellowship program will provide education and research grants to young women pursuing scientific careers.

L'Oral USA will award 5 annual fellowships to young women who are graduate students or post doctoral researchers in the natural sciences, engineering, computer science and mathematics. Fellowship grants of $20,000 will be awarded to each recipient. A jury comprised primarily of for Women in Science North American Laureate winners will select the yearly recipients - the first of which are scheduled to be announced in March of 2004.

The program is in keeping with the mission of the annual for Women in Science Awards held each year in Paris in partnership with UNESCO, where fifteen young scientists are selected to receive fellowship grants, in addition to the selection of five Laureates, representing five different regions of the globe, who are honored for their leadership role in the scientific community.

The application for fellowship candidacy has been posted on the company's website, housed under a special L'ORAL-UNESCO for Women in Science U.S. news and information page that was recently launched. Applicants may go to www.lorealusa.com/forwomeninscience. Information about the application process will also be posted on partner sites including that of the Association for Women in Science (AWIS).

The creation of the U.S. Fellowship program is especially relevant, as a recent study conducted by the National Center for Educational Statistics, shows significant gaps in the educational achievement between young men and women in the areas of mathematics and science, due in part to a lack of encouragement, mentors and a
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Contact: Sam Mattingly
SMattingly@us.loreal.com
212-984-4742
L'Oreal
16-May-2003


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