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FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States (\TlD5Z8(bJ April 9, 1992 LIBYAN SANCTIONS REGULATIONS Special Blocking Memorandum (April 8, 1992) To All Banks, and Others Concerned, in the Second Federal Reserve District: The Office of Foreign Assets Control o f the D epartm ent of the Treasury has requested that we provide you with the following notice: The Office of Foreign Assets Control (“FAC”) has primary responsibility for implementing and enforcing the economic embargo against Libya. FAC has determined that the Government of Libya has acquired control of two additional banks. Therefore, pursuant to Executive Orders No. 12543 of January 7, 1986 and 12544 of January 8, 1986, section 203 of the International Emergency Economic Powers Act, and section 550.209 of the Libyan Sanctions Regulations, all property in which the following entities have an interest is blocked: • ALUBAF Arab International Bank E.C., UGB Tower, Diplomatic Area, RO. Box 11529, Manama, Bahrain • ALUBAF International Bank, 90-92 Avenue Fladi Chaker, RO. Box 51, 1002 Tunis Belvedere, Tunisia Any such property within the possession or control of any U.S. person receiving notice of this de termination is to be reported to FAC within 10 days of receipt of this notification. Reports should be transmitted to the FAC International Programs Division (fax no. 202/377-7222, tel. no. 202/566-5021). Questions on this m atter should be directed to Dennis P. Wood or Lorraine B. Lawlor o f FAC’s Com pliance area at 202/535-9449 or to J. Robert McBrien or Donald Bridges o f its International Program s Division at 202/566-5021. G e o r g e W. R y a n , Vice President.