# Staff Briefing for the Board of Directors
**TIME AND DATE:**
2 p.m., Thursday, August 16, 2001.
**PLACE:**
Conference 0204, South Building, Department of Agriculture, 1400 Independence Avenue, SW., Washington, DC.
**STATUS:**
Open.
**MATTERS TO BE DISCUSSED:**
1. Contract for business advisor to the Privatization Committee.
2. Retirement of Class A stock in FY 2001.
3. Annual Class C stock dividend rate.
4. Amendment to bylaw section 2.2(c).
5. Allowance for loan losses reserve.
6. Current telecommunications industry issues.
7. Administrative issues.
**ACTION:**
Stockholders' Meeting.
**TIME AND DATE:**
9 a.m., Friday, August 17, 2001.
**PLACE:**
Conference Room 104-A, Jamie L. Whitten Building, Department of Agriculture, 12th and Jefferson Drive, SW., Washington, DC.
**STATUS:**
Open.
**MATTERS TO BE CONSIDERED:**
The following matters have been placed on the agenda for the stockholders' meeting.
1. Call to order.
2. Establishment of a quorum.
3. Action on Minutes of the August 6, 1999, stockholders' meeting.
4. Secretary's report on loans approved.
5. Treasurer's report.
6. Privatization Committee report.
7. New business.
8. Adjournment.
**ACTION:**
Board of Directors Meeting.
**TIME AND DATE:**
Following the stockholders' meeting, Friday, August 17, 2001.
**PLACE:**
Conference Room 104-A, Jamie L. Whitten Building, Department of Agriculture, 12th and Jefferson Drive, SW., Washington, DC.
**STATUS:**
Open.
**MATTERS TO BE CONSIDERED:**
The following matters have been placed on the agenda for the Board of Directors meeting:
1. Call to order.
2. Action on Minutes of the May 11, 2001, board meeting.
3. Report on the allowance for loan losses reserve.
4. Consideration of resolution to retire Class A stock in FY 2001.
5. Consideration of resolution to set annual Class C stock dividend rate.
6. Action on amendment to bylaw section 2.2(c).
7. Ajournment.
**CONTACT PERSON FOR MORE INFORMATION:**
Roberta D. Purcell, Assistant Governor, Rural Telephone Bank, (202) 720-9554.
Dated: August 2, 2001.
Blaine D. Stockton,
Acting Governor, Rural Telephone Bank.