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ALLIANZ EDUCATION FUNDS KEEPS AR COMMUNICATIONS

Allianz Education Funds Inc., distributors of the Heritage Scholarship Trust registered educational savings plan, will maintain its relationship with Toronto-based marketing communications firm AR Communications for 2002. Allianz Education Funds is part of financial services organization Allianz Group, based in Munich, Germany. It has used AR Communications for the past two years. An unknown number of other companies also pitched for the 2002 assignment. AR will oversee the writing, editing, design and project management of Allianz's internal newsletter, the Insider, which is distributed to its representatives in Canada. AR will also develop and produce The Heritage Scholarship Trust Foundation's annual report.

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