KM Transaction in Switzerland

8/26/1999

Governor of the Central Bank of Bosnia and Herzegovina, Peter Nicholl, announced today that the contract between the CBBH and Credit Swiss for the selling and buying of the KM in credit Suisse's branches in Switzerland had been extended for a further six months. The first contract commenced on 5 March 1999 and was for six months period. Credit Suisse and the CBBH have both agreed that the arrangement has been a satisfactory one and have therefore extended the agreement until 5 march 2000. "Credit Suisse is one of the leading banks in the world," Mr. Nicholl said, "and it is therefore very pleasing that they have agreed to extend the arrangement to deal in the KM. It is a sign of continued confidence in the currency."



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