Washington, DC, July 21, 2008 – Today, the World Bank launched a Brazilian Real (BRL) 2-year note for institutional investors. JP Morgan is the sole lead manager for this transaction. All payments will be made in US Dollars (USD), as more fully described in the terms of the notes.
 
Amount: BRL 100 million
Settlement date: August 4, 2008
Maturity date: August 4, 2010
Issue price: 100.745%
Coupon: 12.25% annually
Denomination: BRL 2,000
Listing: Luxembourg
Clearing systems: Euroclear and Clearstream
ISIN: XS0379219719

The World Bank's bond products and investor presentation can be accessed through the website of the World Bank for bond investors (www.worldbank.org/debtsecurities). For a list of selected bonds issued recently by the World Bank, see: http://treasury.worldbank.org/recentissues.