Released on = November 20, 2006, 5:06 pm

Press Release Author = Media & Public Relations / FTBO Foundation

Industry =

Press Release Summary = Byron Bay, Australia. Nov. 20; For The Benefit of Others
(FTBO) Foundation today announced details for its 2007 International Tender for a
US$1 billion five year contract.

Press Release Body = For The Benefit of Others (FTBO) Foundation today announced
details for its 2007 International Tender for a US$1 billion five year contract.

The purpose of the contract is to assist FTBO in the research and
execution of their philanthropic activities.
FTBO Foundation co-founder and chairman, Mr. Myers, says:
"Beside the direct benefits, what makes this concept and contract different is just
about anyone from any area of business can easily fulfil the requirements".

FTBO has a 20 year goal and program to create greater global
consciousness of our world in need and in particular, philanthropic understanding
and participation from business and our corporate environment. While FTBO gain
knowledge and financially provide assistance to others, the program is designed to
illustrate the direct and indirect benefits of philanthropy at no cost to the
successful tender winner.

"The 2007 tender is a new initiative..." said Mr. Myers.
He further explains:
"The point is to demonstrate the broad benefits to everyone while we carry out our
work but also to encourage the practice of corporate philanthropy which in this day
and age, means business needs big incentives. They [the winner] stand to bank around
half the money from the billion dollar contract and what they do with that [money]
is entirely up to them.
Over the life of the contract though, we'll spend 1.5 billion dollars of which a
billion will end up channeled to the desparate areas of our global community saving
lives, protecting people, children and our environment for generations to come."

Detailed information as well as Tender Information & Application Kits can be
obtained from the FTBO website:
http://www.ftbo.org/

Should you have questions in relation to this media release, you may obtain more
insight on the website or you may contact FTBO via the email address below.
Media Contact: media@ftbo.org


About FTBO
Our business is helping others. Our business is philanthropy.
The Foundation, For The Benefit of Others, established in 2006, provides financial
assistance without condition or obligation, to organizations that have a proactive
involvement and commitment to environmental and social issues and who are leaders in
their industry sector.
FTBO Foundation members, as individuals, have been long-time supporters of existing
organizations and initiatives and in 2006 formed FTBO in order to raise the value
and profile of the philanthropic work they were already doing.

** END RELEASE **

Web Site = http://www.ftbo.org/

Contact Details = Media & Public Relations
FTBO Foundation
PO Box 1860 Byron Bay, NSW Australia 2481
email: media@ftbo.org