Decision on the Withdrawal from Circulation of 1 Convertible Mark Banknotes

Pursuant to Article 39 of the Law on the Central Bank of Bosnia and Herzegovina ("Official Gazette of BiH", Nos. 1/97, 29/02, 13/03, 14/03, 9/05, 76/06, and 32/07), the Governing Board of the Central Bank of Bosnia and Herzegovina, at its 2nd session held on February 27, 2008, adopts

D E C I S I O N on the withdrawal from circulation of banknotes, denomination 1 convertible mark

1. The Central Bank of Bosnia and Herzegovina (hereinafter: the Central Bank) withdraws from circulation banknotes of the denomination 1 convertible mark, which are in circulation as legal tender in accordance with the Decision on the Issuance and Introduction into Circulation of Convertible Mark Banknotes ("Official Gazette of BiH", No. 10/98).

2. The withdrawal of banknotes referred to in point 1 of this Decision shall be carried out by commercial banks starting from January 1, 2009, through March 31, 2009. The Central Bank shall accept the withdrawn banknotes referred to in point 1 of this Decision from commercial banks via designated vaults.

3. Holders of the banknotes referred to in point 1 of this Decision may freely make payments with these banknotes in transactions through December 31, 2008.

4. Starting from January 1, 2009, the banknotes referred to in point 1 of this Decision cease to be legal tender and cannot be accepted in transactions for the settlement of any obligations.

5. This Decision shall enter into force on the day of its publication in the "Official Gazette of BiH", and shall also be published in the "Official Gazette of the Federation of BiH", the "Official Gazette of the Republika Srpska", and the "Official Gazette of the Brčko District of BiH".

Ref. No.: 310/08 Chairman February 27, 2008 of the Governing Board Sarajevo of the Central Bank of Bosnia and Herzegovina G O V E R N O R mr. Kemal Kozarić