BANK FOR INTERNATIONAL SETTLEMENTS (BIS)
Bank für Internationalen Zahlungsausgleich (BIZ)
Banque des Règlements Internationaux (BRI)
Banca dei Regolamenti Internazionali (BRI)

* * *

1. Registered office

The registered office of the BIS is situated at Centralbahnplatz 2, Basle, Switzerland.

Postal address: CH-4002 Basle
Cable address: INTERBANK
Telephone: (061) 280 80 80
Telex: 962 487 biz ch
Telefax: (061) 280 91 00 and (061) 280 81 00
E-mail: EMAILMASTER@bis.org
World Wide Web site: http://www.bis.org

The international telephone and telefax code for Basle is (41-61).

The BIS has no branch offices or subsidiaries.

2. Board of Directors

The Board is made up of representatives from eleven countries (Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, Switzerland, the United Kingdom and the United States of America).

Chairman of the Board of Directors, President of the Bank: Alfons Verplaetse, Brussels.

Vice-Chairman: Lord Kingsdown, London.

Members of the Board:

Urban Bäckström, Stockholm; Vincenzo Desario, Rome; Antonio Fazio, Rome; E.A.J. George, London; Alan Greenspan, Washington; Hervé Hannoun, Paris; W.J. McDonough, New York; Yasuo Matsushita, Tokyo; Hans Meyer, Zürich; Helmut Schlesinger, Frankfurt a/M; G.G. Thiessen, Ottawa; Hans Tietmeyer, Frankfurt a/M; Jean-Claude Trichet, Paris; Nout H.E.M. Wellink, Amsterdam; Philippe Wilmès, Brussels.

Alternates:

Jean-Pierre Patat or Armand Pujal, Paris; Ian Plenderleith or T.R. Smeeton, London; Jean-Jacques Rey or Marcia De Wachter, Brussels; Alice M. Rivlin (Ms.) or E.M. Truman, Washington; Carlo Santini or Stefano Lo Faso, Rome; Helmut Schieber or Bernd Goos, Frankfurt a.M..

3. Management

Andrew CrockettGeneral Manager
André IcardAssistant General Manager
Gunter D. BaerSecretary General, Head of Department
Malcolm GillHead of the Banking Department
William R. White Economic Adviser, Head of the Monetary and Economic Department
Marten de BoerManager, Accounting, Budgeting and ECU Clearing
Renato FilosaManager, Monetary and Economic Department
Mario GiovanoliLegal Adviser, Manager
Guy NoppenManager, General Secretariat
Günter PleinesDeputy Head of the Banking Department

July 1997