NEW YORK- The International Accounting Standards Board (IASB) announced on July 24, 2008, its plans to form an expert advisory panel in response to the recommendations made by the Financial Stability Forum.

The panel will assist the IASB in reviewing best practices in the area of valuation techniques, and formulating any necessary additional guidance.

IASB is committed to developing in the public interest a single set of high quality global accounting standards.

For more information please visit the following website: www.iasb.org