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PRESS RELEASE January 27, 1992

World Bank Announces Redemption of a US Dollar Issue

The World Bank announced today it intends to call all the outstanding principal amount of the 6-1/2 percent Twenty-Six Year U.S. Dollar Bonds of 1968, due March 15, 1994, $82,185,000 principal amount, at a price of 100 percent of par. All the bonds will be redeemed on March 15, 1992. Bondholders will be sent a formal redemption notice on or about February 10, 1992. Interest on the bonds will cease to accrue on the redemption date.