Approval of proposal by the Shizuoka Bank, Ltd.

The following press release was published by the Board of Governors of the Federal Reserve System on Sept. 23, 2008. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the approval of an application by The Shizuoka Bank, Ltd., Shizuoka, Japan, to establish a branch in New York, New York.

Attached is the Order relating to this action.

Source: Board of Governors of the Federal Reserve System