April 5, 2004

The International Advisory and Monitoring Board (IAMB) on Iraq issued the following statement:

"CPA Awards Audit Contract

The CPA announced on April 5 that the audit contract for the Development Fund for Iraq has been signed by the CPA nominated and IAMB approved firm, KPMG Audit & Risk Advisory Services. The partners associated with the contract are Michel Picard and Abdul-Hakim Al-Adhamy. In addition, the KPMG audit team will include other internationally specialist partners, as appropriate."