PCAOB to Consider Rule Amendments Concerning Timing of Non-U.S. Inspections, Seeking Comments

Washington, D.C., Nov. 28, 2008

The Public Company Accounting Oversight Board has scheduled an Open Meeting for Thursday, Dec. 4, at 9:00 a.m., to consider adopting an amendment to Rule 4003 and proposing a separate amendment to Rule 4003 for public comment. The amendments relate to the timing of certain inspections of registered non-U.S. firms that current Board rules require the PCAOB to conduct in 2008 and 2009. The Board will also consider inviting public comment on potential Board practices to address circumstances where the Board is delayed in completing, or not able to complete, an inspection.

The meeting is open to the public and will take place in the Board’s meeting room at 1666 K St. N.W., Washington, D.C. It also will be Webcast via a link on the PCAOB Web site (www.pcaobus.org), and available via podcast later in the day.