Decision on the Acquisition and Conversion of Monetary Gold

Based on Article 7, point n. of the Law on the Central Bank of Bosnia and Herzegovina ("Official Gazette of BiH", 1/97, 29/02, 13/03, 14/03, 9/05, 76/06 and 32/07), Article 52 of the Rules of the Central Bank of Bosnia and Herzegovina, Decision No. UV 120/05 dated June 29, 2005, and point 9.3.2, paragraph 1, item 2. of the Consolidated Text of Accounting Policies of the Central Bank of Bosnia and Herzegovina, No. 01-1182/07 dated November 5, 2007, and Amendments and Additions to the Consolidated Text of Accounting Policies of the Central Bank of Bosnia and Herzegovina, No. 100-UV: 360/09 dated February 26, 2009, the Governing Board of the Central Bank of Bosnia and Herzegovina, at its 3rd session on March 26, 2009, adopts

D E C I S I O N

on the acquisition and conversion of monetary gold

1. The Central Bank of Bosnia and Herzegovina (hereinafter: the Central Bank) acquires and converts monetary gold based on the Decision of the Council of Ministers of Bosnia and Herzegovina on the transfer of assets of Bosnia and Herzegovina obtained through the Succession Agreement and their conversion into monetary form ("Official Gazette of BiH", 14/06 and 21/06), in a total quantity of

42,352.167 Oz (ounces),

which are stored in bank accounts, as follows:

Credit Suisse, Zurich ......................................................... 28,637.526 Oz (ounces)

Bank for International Settlements, Basel........................... 13,714.641 Oz (ounces)

2. The Central Bank will carry out the acquisition and conversion of monetary gold from point 1 of this Decision at the last gold price according to the Reuters agency report, applying the average exchange rate for 1 USD (US dollar) according to the exchange rate list of the Central Bank, on March 31, 2009.

3. The acquisition and conversion of monetary gold from this Decision will be specified by a separate contract to be concluded between the Central Bank and Bosnia and Herzegovina represented by the Minister of the Ministry of Finance and Treasury of Bosnia and Herzegovina.

4. The Governor of the Central Bank is authorized to adopt necessary acts related to the implementation of this Decision.

5. The Banking Department, the Accounting and Finance Department, and the Legal Affairs Department of the Central Office of the Central Bank are tasked with the realization of this Decision.

6. This Decision enters into force on the day of adoption, and will be published in the "Official Gazette of BiH".

No. 100-UV: 370/09 Chairman

March 26, 2009 of the Governing Board of the Central Bank S a r a j e v o of Bosnia and Herzegovina G O V E R N O R

dr. Kemal Kozarić