By letter dated 19 December 2007, the Republic of Poland nominated Ms Katarzyna Zajdel-Kurowska (Undersecretary of State in the Ministry of Finance) for appointment as full member of the Board of Directors to succeed Ms Katarzyna Dziamara-Rzucidło, who had tendered her resignation.

By letter dated 8 January 2008, the Board of Governors were invited to vote on the proposed appointment.

The decision to nominate Ms Katarzyna Zajdel-Kurowska was taken on 28 January 2008, the date on which the requisite majority of Governors' votes was reached.

The term of office of Ms Katarzyna Zajdel-Kurowska will expire in 2008, at the end of the day of the Annual Meeting of the Board of Governors during which the annual report, balance sheet and profit and loss account for the 2007 financial year are examined.