RESOLUTION AG 3/2005

APPROVAL OF THE 2004^[1] FISCAL YEAR ACCOUNTS .

THE GENERAL ASSEMBLY,

IN VIEW of the analysis of the budgetary accounts of the 2004(1) fiscal year;

IN VIEW of the analysis of the financial situation of the 2004(1) fiscal year;

IN VIEW of the management accounts of the 2004(1) fiscal year;

IN VIEW of the financial situation on December 31, 2004(1);

IN VIEW of the state of the contributions to be received at the end of 2004(1) fiscal year, for a total amount of 304.315,08 euros ;

APPROVES the management accounts for the 2004(1) fiscal year in which appears a budget surplus of 164.689,18 euros;

APPROVES the balance sheet for fiscal year 2004(1) for the amount of 2.519.162,55 euros;

APPROVES the proposal of the Director General aiming at allocating the surplus, i.e. 164.689,18 euros ; as follows:

"PROVISION FOR NEWS BUREAU" ……………………………………….20 000.00 €

“PROVISION FOR WORKPLACE LAYOUT”…………………… 50 000.00 €

“PROVISION FOR AWARD JURY”………………………………. 15 000.00 €

“PROVISION FOR GENERAL ASSEMBLY”……………………. 30 000.00 €

“PROVISION FOR SPECIAL PUBLICATIONS”…………………14 689.18 €

“PROVISION FOR WEB SITE”……………………………………. 35 000.00 €

GIVES QUIETUS to Mr Federico CASTELLUCCI, Director General, for his management during the 2004(1) fiscal year.

^[1] Financial period from the 17th of March to the 31^st of December 2004