The following is a statement from GlaxoSmithKline commending the California Public Employees Retirement System (CalPERS) for their interest in and support of the company's efforts to combat HIV/AIDS in developing countries. The statement comes in response to a press release issued by The AIDS Healthcare Foundation (AHF). In that press release, AHF describes a letter written by CalPERS to GSK ending months of pressure by AHF to try and force CalPERS to sell its GSK shareholdings. In a unanimous vote, the CalPERS Board rejected AHF's attempts to force a sale of GSK stock, and instead agreed to write a letter expressing its concerns that the company continue and expand its efforts to fight the HIV/AIDS epidemic.