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PRESS RELEASE January 24, 2007

World Bank Bond in Turkish Lira

Washington, DC, January 24, 2007 - The World Bank launched a Turkish Lira (TRY) bond. The notes will be placed with European retail and institutional investors via TD Securities as the lead manager. 

Amount: TRY 100* million
Settlement date: February 6, 2007
Maturity Date: February 6, 2009
Issue price: 100.20%
Coupon: 18.25% annually
Denomination: TRY 1,000 and integral multiples thereof
Listing: Luxembourg
Clearing systems: Euroclear and Clearstream
ISIN: XS0284895959

*The bond was increased to TRY 200 million on January 25, 2007, with an issue price of 100.22%.

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: https://treasury.worldbank.org/recentissues.