GLOBAL WEATHER HIGHLIGHTS

JUNE 2004

EUROPE

A heatwave in Spain during late June resulted in maximum temperatures near or
above 104°F throughout much of the country. Maximum temperatures across much of
Spain reached or exceeded 104°F during the closing days of June, prompting
electricity consumption to soar to record levels of 38,800 megawatts. On the
29th, Madrid reached a 73-year high temperature of 104°F, while Cordoba climbed
to 108°F.

In the former Yugoslav Republic of Macedonia, heavy rains during June 4-7
produced flooding along the Pena, Vardar, Anska Reka, Trkajna and Turija
Rivers. Flooding impacted up to 100,000 people and significantly impacted
agricultural interests. Up to 50 percent of the agricultural land in the
country was affected by the flooding.

A strong storm system affected much of Europe during June 22-23, bringing heavy
precipitation to parts of the region. A strong cold front ignited severe
thunderstorms which affected parts of Germany on the 23rd. Two people were
killed and several injured as wind gusts up to 65 mph produced widespread wind
damage. A tornado struck the village of Micheln injuring at least 6 people and
tearing roofs from homes.

UNITED STATES
West

Significant precipitation over the past several months alleviated drought
conditions along the immediate West Coast, although severe to extreme drought
classification continued through June throughout the Intermountain West, the
Northern Rockies, and southward into Arizona. Exceptional drought
classification was noted through parts of Montana and Idaho.

Southern Plains

Severe thunderstorms affected the Dallas-Fort Worth, TX area on June 1st, 2nd
and 7th. Each episode of severe weather was accompanied by damaging winds and
flooding. Approximately a half-million customers lost power from storms on the
1st-2nd.

AFRICA

Long term drought continued across areas of Africa, including the Greater Horn
and parts of southern Africa. Seasonal rains brought relief to some areas
during late April and into May.

Central America

In Nicaragua, heavy rainfall during June 20-30 produced flooding and mudslides
that killed at least 17 people.

INDIA

Flooding submerged at least 50 villages in the eastern state of Bihar by
mid-month. Heavy rainfall in neighboring Nepal was blamed as the culprit for
the flooding which caused three rivers which flow into the state of Bihar to
rise above the flood stage. Flooding across the eastern states of India,
including Tripura and Assam, was blamed for 35 deaths by month's end.

Strong thunderstorms in the Bay of Bengal were responsible for the sinking of
20 fishing vessels off the coast of Bangladesh on the 13th. At least 10 deaths
were blamed on the storms.

ASIA

In the Philippines, a rare tornado ripped through Leyte and Samar islands which
destroyed 900 houses and killed at least two people. The tornado was apparently
spawned from Tropical Storm 08W which was tracking through the region.

In northeastern China's Hubei province, severe thunderstorms produced egg-sized
hail in the city of Handan, injuring 32 people and causing serious damage to
houses, farmland and trees. The thunderstorm knocked out electricity to the
town and caused an estimated $12.7 million.

Typhoon Conson developed in the South China Sea on the 4th as a depression,
reaching typhoon status by the 7th. Conson tracked between Taiwan and the
Philippines, attaining maximum sustained wind speeds of 110 mph and disrupting
air traffic to Taiwan. Conson's weakened remnants passed over Japan on the
11th.

Typhoon Chanthu developed on the 9th over the central Philippines. The storm
brought heavy rains and localized severe weather to the Philippines, before
tracking westward into the South China Sea on the 10th. Chanthu reached typhoon
strength by the 12th, tracking into central Vietnam on the 13th with maximum
sustained winds near 85 mph. The typhoon killed at least 12 people in Vietnam,
injured 5 and destroyed more than 180 houses.

Typhoon Dianmu developed in the western Pacific Ocean on the 13th and reached
typhoon strength by the 14th. Dianmu came ashore at Cape Muroto on Shikoku
Island, or about 310 miles west of Tokyo, on the 21st. Wind gusts on Shikoku
Island were reported as high as 112 mph from the Japanese Meteorological
Agency. Dianmu weakened as it moved northeastward across western Japan. Dianmu
was blamed for five deaths in Japan and adjacent South Korea.

Typhoon Mindulle developed in the western Pacific Ocean on the 23rd and
battered the northern Philippines during June 29-30. The typhoon passed north
of the main
island of Luzon on the 30th with maximum sustained winds near 105 mph. Heavy
rains produced flooding that claimed 12 lives in the Philippines, while nearly
180,000 people were displaced from their homes. Strong winds toppled trees and
cut power to areas of northern Luzon island.

Typhoon Tingting formed in the western Pacific Ocean on the 25th, passing north
of the Northern Mariana Islands on the 28th with maximum sustained winds near
85 mph. The typhoon passed north of Guam, but brought heavy rainfall of 16
inches and flooding to the island.

MIDDLE EAST

In Turkey, a severe thunderstorm on the 19th produced a rare tornado 20 miles
north of Ankara. The tornado was responsible for 3 deaths and 21 injuries,
while damaging 45 buildings.