HU Fully Divests From Sudan, Companies Conducting Business in Sudan

Hampton, VA -Hampton University has systematically removed all investments from Sudan and companies that conduct business in Sudan, Hampton University President Dr. William R. Harvey announced today. The University has taken a stand to divest from companies whose business activities provide revenue for the Sudanese government, which continues to engage in genocidal actions and human rights violations in Darfur.

"With the atrocities that the Sudanese government is heaping on its people, Hampton University board of trustees and I felt that we needed to get all of the investments out of companies that do business in Sudan," Harvey said.

The university began the divestment process in July 2006 and had completely divested from Sudan in March 2007.

“Hopefully more people and companies will become knowledgeable about the killings and violence in Sudan and therefore cause more entities to divest,” Harvey said.

# HU #

Hampton University, a dynamic, progressive institution of higher education, is a privately-endowed, non-profit, non-sectarian, co-education, historically black university. It is located in southeastern Virginia and boasts one of the loveliest campuses in the nation, with a picturesque waterfront and historic buildings and landmarks. Comprised of seven schools, a Graduate College and a College of Continuing Education, Hampton University is among the leaders in higher education.