Appointment of Member of the Executive as Director - 2

Whereas The By-laws of the Jewish Agency [Section VIII, clause F3(a)] enable the appointment of members and associate members of the Executive of the Jewish Agency to be appointed as directors of Jewish Agency companies, if approved by the Board of Governors, upon the written request of the Chairman of the Assets and Liabilities Committee, and with the approval of the Deputy Chairman of the Executive and the Chairman of the Executive, provided that the Board of Governors is satisfied that special circumstances exist; and

Whereas The Chairman of the Assets and Liabilities Committee, having received the approval of the Chairman of the Jewish Agency Executive and the Deputy Chairman of the Executive, requests the Board of Governors to approve the appointment of Mr. Eric Fingerhut, President and CEO of the Jewish Federations of North America and member of the Executive of the Jewish Agency, as member of the board of directors of The Jewish People Policy Institute ltd. (PBC) (JPPI) and

Whereas Mr. Fingerhut has knowledge and experience in the areas of JPPI's activities, the Board of Governors is satisfied that special circumstances exist for approval of this appointment.

Therefore be it resolved to approve the above appointment.