Nomination of Directors
October 2, 2007
Circular No. 11901

An election will be held under the provisions of section 4 of the Federal Reserve Act, as amended, to choose successors to serve for three-year terms, to the following directors of this Bank whose terms will expire December 31, 2007: class A director, Jill M. Considine, Senior Advisor, The Depository Trust Company, New York, New York; and class B director, Richard S. Fuld, Jr., Chairman and Chief Executive Officer, Lehman Brothers, New York, New York.

Details attached pdf

Jerry I. Speyer
Chairman of the Board