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August 17, 1999

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Johns Hopkins Medicine Appoints New Board Members

Richard O. Berndt Edward L. Cahill, John B. Isbister, Join Board

Richard O. Berndt, managing partner of the law firm of Gallagher, Evelius & Jones; Edward L. Cahill, a founding partner of Cahill, Warnock & Company, LLC; and John B. Isbister, a partner with the law firm of Tydings & Rosenberg and vice chair of the Howard County General Hospital Board of Trustees, have been appointed to the Johns Hopkins Medicine Board of Trustees, effective July 1. Cahill also was elected to The Johns Hopkins Health System Corporation Board of Trustees.

"Johns Hopkins Medicine is extremely fortunate to have such individuals as its stewards," said Edward D. Miller, M.D., CEO of Johns Hopkins Medicine and Dean of its medical faculty. "Johns Hopkins Medicine will greatly benefit from their business acumen and expertise, particularly during a time when the health care industry faces some of its greatest challenges."

Berndt, a prominent business and civic figure in Baltimore, serves on the boards of many corporate and charitable institutions. A local business leader, Cahill serves on the boards of directors of seven organizations and has a background in health care financing and investing. Isbister, one of the area's premier litigators in the field of products liability and environmental issues, will serve on the Board and the Executive Committee of Johns Hopkins Medicine in an ex officio capacity.

RICHARD O. BERNDT
Richard O. Berndt, J.D., is managing partner of the law firm of Gallagher, Evelius & Jones and practicing attorney for the firm. Berndt's appointment to the Johns Hopkins Medicine Board of Trustees is for one year.

Berndt, who received his master's degree from The Johns Hopkins University in 1970, is a prominent business and civic figure in Baltimore, serving on the boards of 12 corporate and charitable organizations. These include the Archdiocesan Board of Administrations of the Roman Catholic Archdiocese of Baltimore and the boards of directors of Mercantile Bankshares Corporation and Mercantile-Safe Deposit and Trust Company, Municipal Mortgage and Equities, LLC, Baltimore Development Corporation, Baltimore Equitable Society and The Enterprise Social Investment Corporation. He is the treasurer for the Baltimore Community Foundation and a former member of the University of Maryland Board of Regents.

Berndt has received numerous awards, including the Cardin Pro Bono Service Award from the University of Maryland School of Law Alumni Association, two Papal Medals from Pope John Paul II, and the Frances Morton Froelicher Civic Statesmanship Award from the Citizens Planning and Housing Commission.

Berndt resides in Baltimore with his wife, Rita Sloan Berndt, Ph.D., professor at the University of Maryland School of Medicine, and their son, John.

EDWARD L. CAHILL
Edward L. Cahill is a founding partner of Cahill, Warnock & Company, LLC, an asset management firm that invests in small public companies. Cahill's appointment to The Johns Hopkins Health System Corporation Board of Trustees is for three years. Cahill also was elected to the Johns Hopkins Medicine Board of Trustees for a one-year term.

Known for his local business leadership, Cahill is also on the boards of directors of Occupational Health + Rehabilitation Inc., Jay Jacobs Inc, Masimo Corporation, Centene Corporation and MedPlus Inc., and is a trustee of Mercy Medical Center, St. John's Preparatory School and MdBio.

Prior to founding Cahill, Warnock & Company in 1995, Cahill was a managing director at Alex. Brown & Sons, where from 1986 through 1995 he headed the firm's Health Care Investment Banking Group. For most of his 14 years at Alex. Brown, he advised health care growth companies in the fields of medical devices, biotechnology, alternative service delivery, managed care and specialty pharmaceuticals. While at Alex. Brown, his group completed more than 200 public offerings, private placements and mergers in the health care field. His group was responsible for the initial public offerings of the first public companies in the home health care, health maintenance organization, ambulatory surgery center and physician practice management industries, as well as several of the nation's leading biotechnology companies.

Cahill resides in Baltimore with his wife, Kathleen Mooney Cahill.

JOHN B. ISBISTER
John B. Isbister is a partner with the Baltimore law firm of Tydings & Rosenberg LLP, a member of the bars of Maryland and the District of Columbia, and is a widely respected legal expert in the areas of products liability, toxic tort and environmental litigation.

He also is active as a volunteer in professional activities, co-chairing the Products Liability Committee of the Section of Litigation of the American Bar Association, and serving as second vice president of the Board of Governors of the Federal Bar Association, Maryland Chapter, and as former co-chair of the Environmental and Mass Tort Subcommittee of the American Bar Association.

In addition, Isbister is an active community leader, serving as vice chair of the Howard County General Hospital Board of Trustees, a member of the board of directors for the University of Maryland Law School Fund and Law Alumni Association, and chair of the University of Maryland Law School Club. He has previously served as a member of the boards of directors for the Howard County Police Foundation, Leadership Howard County and the United Way Community Services.

Isbister lives in Howard County with his wife, Sandra S. Isbister, M.D., and children Steven and Gillian.


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