�

BEFORE THE PUBLIC EMPLOYEES' RETIREMENT BOARD

OF THE STATE OF MONTANA

�

In the matter of the amendment of ARM 2.43.1002 pertaining to the investment policy statement for the Defined Contribution Retirement Plan and ARM 2.43.1802 pertaining to the investment policy statement for the 457 Deferred Compensation Plan

) ) ) ) ) )

NOTICE OF AMENDMENT

TO:����� All Concerned Persons

�

1.�On March 22, 2007, the Montana Public Employees' Retirement Board published MAR Notice No. 2-2-379 regarding the proposed amendment of the above-stated rules at page 320 of the 2007 Montana Administrative Register, Issue Number 6.

�

����������� 2.�The board has amended ARM 2.43.1002 and 2.43.1802 as proposed.

�

����������� 3.�No comments were received.

�

/s/�Elizabeth Nedrow����������������������������

Elizabeth Nedrow, President

Public Employees' Retirement Board

�

/s/�Melanie Symons�����������������������������

Melanie Symons, Legal Counsel and

Rule Reviewer

�

/s/�Dal Smilie����������������������������������������

Dal Smilie, Chief Legal Counsel and

Rule Reviewer

�

Certified to the Secretary of State on May 14, 2007.