Washington, DC, April 16, 2007 – Today, the World Bank launched a Brazilian Real (BRL)* 2-year bond for European institutional and retail investors. ABN AMRO is the lead manager for the transaction and Deutsche Bank AG, Kredietbank International Group, and Scotia Capital Inc are the co-managers.
 
Amount: BRL*  50** million
Settlement date: April 27, 2007
Maturity Date: April 27, 2009
Issue price: 100.04%
Coupon: 9.50% annually
Denomination: BRL 5,000
Listing: Luxembourg
Clearing systems: Euroclear and Clearstream
ISIN: XS0297056409

* All payments will be made in Euro (EUR), as more fully described in the terms of the notes.

**The bond was increased to BRL 75 million on April 23, 2007, with an issue price of 100.90%.

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