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World Bank Launches Bond in Brazilian Real

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

*On July 20, 2009, IBRD agreed to increase the principal amount of the bond with a second tranche for an amount of BRL 40 million with an issue price of 106.029% (settlement date: July 27, 2009). On July 28, 2009, the principal amount was further increased by a third tranche for an amount of BRL 35 million with an issue price of 105.95% (settlement date: August 6, 2009).The new total outstanding principal amount is BRL 125 million.

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.

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