PRESS RELEASE - PRESS RELEASE - PRESS RELEASE - PRESS RELEASE

                                                                     Page 1 of 1




MILLENIUM MANAGEMENT, LLC
155 N. Lake Avenue, Suite 1000
Pasadena, CA  91101

CONTACT: Stacey McClain, (626) 585-5920


FOR IMMEDIATE RELEASE


     PASADENA,  CALIFORNIA,  June 19,  2003 -  Millenium  Management,  LLC today
announced that it has extended the  expiration  date of its  outstanding  tender
offer for 80 units of limited  partnership  interest in Wilder Richman  Historic
Properties II, L.P. The  expiration  date for the tender offer has been extended
to 5:00  p.m.,  Los  Angeles  time,  on  Tuesday,  July 8,  2003.  The offer was
previously  scheduled to expire at 5:00 p.m.,  Los Angeles  time,  on Wednesday,
July 2, 2002.  Everest reported that  approximately 15 units have been deposited
to date in response to the offer.