European Investment BankDecision of the Board of Governorsof 30 March 2009on the increase in the capital of the European Investment Bank

THE BOARD OF GOVERNORS OF THE EUROPEAN INVESTMENT BANK,

HAVING REGARD to Articles 4(3) and 5(2) of the Statute,

1. WHEREAS the task of the Bank is set out in Article 267 of the Treaty establishing the European Community,

2. WHEREAS according to Article 4(1), second subparagraph, of the Bank’s Statute the unit of account shall be defined as being the euro,

3. WHEREAS the recent development of the Bank’s activity and the likely evolution of lending, in particular with a view to respond to the European and Ecofin Councils’ invitations, requires an increasing EIB support for a range of activities, particularly against the current outlook of the economic situation in the EU over the coming years,

4. WHEREAS according to the deliberations of the Board of Directors on the Bank’s requirements for capital at its meeting on 16 December 2008, the subscribed capital of the Bank should be increased to EUR 232 392 989 000; the portion to be paid in should be 5 percent, funded entirely by the Bank from its Additional Reserves, and the Reserve Fund should progressively be rebuilt up to its statutory requirement of 10 percent of subscribed capital,

UNANIMOUSLY DECIDED on 30 March 2009, using the written procedure provided for in Article 5 of the Bank’s Rules of Procedure, on a proposal from the Board of Directors, in accordance with Article 4(3) of the EIB’s Statute that: