“…Since by F.-V. Kuhlmann, S. Kuhlmann and Shelah [14] such an exponential on K cannot exist, K does not admit an IP modelling PA. The methods of [18] were refined in Carl, D'Aquino and S. Kuhlmann [3] to the theorem that real closed fields with IPs modelling I∆ 0 + EXP always allow a weak form of exponentiation known as 'left-exponentiation', that is, an isomorphism from an additive group complement of the valuation ring for the We show that models of true arithmetic are always IPs of real closed fields that are very similar to the real numbers with exponentiation in a model theoretic sense: Namely, let us say-following the usual terminology-that a function E : K → K on a real closed field K is an exponential if it defines an isomorphism between (K, +, 0, <) and (K >0 , •, 1, <). The structure (K, +, •, 0, 1, <, E) is then called a real closed exponential field.…”