Board to Consider Proposing Engagement Quality Review Standard

Washington, D.C., Feb. 21, 2008

The Public Company Accounting Oversight Board has scheduled an open meeting for Tuesday, February 26, at 9:30 a.m., in the Board’s open meeting room at 1666 K St. NW, Washington, DC.

The Board will consider proposing an auditing standard, Engagement Quality Review, that would supersede the Board's interim concurring partner review requirement and a conforming amendment to the Board’s interim quality control standards.

The meeting will be open to the public and Webcast via a link on the PCAOB’s Web site (www.pcaobus.org) that will be made available the day of the meeting. The meeting also will be available via Podcast later in the day.