This document reports on a conference that focused on the problems and rewards encountered by overseas students studying in Britain. The conference aimed to explore the cultural and educational benefits, both within institutions and the society as a whole, of having overseas students present in British institutions of higher education. Papers focused primarily on the advantages provided by study abroad to the students themselves, to receiving institutions, and to the society in light of increasing internationalism of higher education throughout the world. Included are summaries of presentations, categorized as follows: "Keynote Address"; "The Internationalizing of Education"; "Cultural Interaction"; "The Academic Benefit"; and "Closing Address." A discussion group's suggestions for improving the overseas student experience are summarized, along with a panel session examining what students learn from each other. A list of conference participants and their affiliations is provided. (LPT)