University of Rochester

The University's Board Of Trustees Has Voted To Rescind The

October 25, 1993

The University's Board of Trustees has voted to rescind the restriction prohibiting University investments in companies doing business in South Africa.

With free elections and the ending of apartheid, and Nelson Mandela's call last month for lifting of all sanctions against South Africa, the trustees' Investment Committee had asked for a review of a six-year-old policy prohibition on South African- related investments.

President O'Brien said that there were consultations with a variety of faculty and student groups before the trustees took action Oct. 22.