03-26616. October 30, 2003 Board of Directors Meeting; Sunshine Act Meeting

Time and Date:

Thursday, October 30, 2003, 1:30 p.m. (open portion) 1:45 p.m. (closed portion).

Place:

Offices of the Corporation, Twelfth Floor Board Room, 1100 New York Avenue, NW., Washington, DC.

Status:

Meeting open to the Public from 1:30 p.m. to 1:45 p.m. Closed portion will commence at 1:45 p.m (approx.).

Matters To Be Considered:

1. President's report.

2. Approval of July 17, 2003 minutes (open portion).

Further Matters To Be Considered:

(Closed to the Public 1:45 p.m.)

1. Finance project—Global.

2. Finance project—Global.

3. Finance project in South Africa.

4. Insurance project in Brazil.

5. Insurance project in Azerbaijan, Georgia & Turkey.

6. Approval of July 17, 2003 minutes (closed portion).

7. Approval of October 15, 2003 minutes (closed portion).

8. Pending major projects.

9. Reports.

FOR FURTHER INFORMATION CONTACT:

Information on the meeting may be obtained from Connie M. Downs at [phone].

Dated: October 17, 2003.

Connie M. Downs,

Corporate Secretary, Overseas Private Investment Corporation.