Washington, DC, June 4, 2008 – The World Bank launched a Brazilian Real (BRL) 3-year note. The notes will be placed with European investors via TD Securities as the sole lead manager. All payments will be made in US Dollars (USD), as more fully described in the terms of the notes.

Amount: BRL 50 million
Settlement date: June 16, 2008
Maturity date: June 16, 2011
Issue price: 100.58%
Coupon: 11% annually
Denomination: BRL 5,000
Listing: Luxembourg
Clearing systems: Euroclear and Clearstream
ISIN: XS0369440135

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.