Announcing the Formation of the XBRL International Best Practices Board

13^th March, 2008

The XBRL International Steering Committee (ISC) announces the formation of the XBRL International Best Practices Board (BPB). This new Board is charged to actively manage the production, dissemination and continual improvement of work products that describe methods and processes for successful development, implementation, integration, maintenance and usage of XBRL specifications. The BPB will report to the ISC and is authorized to form "practice working groups" as necessary for specific tasks. The BPB Charter will be found along with other governing documents on the xbrl.org website at http://www.xbrl.org/GoverningDocuments/.

The ISC formally passed a motion to approve the charter of the XBRL International Best Practices Board on 4 March 2008, during a regular conference call meeting. This change to the organization of XBRL International is being implemented immediately under arrangements as described below. Volunteer members of the ISC currently fill and operate as the “Interim Best Practices Board.” The ISC named as Interim BPB chair Walter Hamscher, current member of the XBRL International Board of Directors and former Chair of the XBRL International Steering Committee.

The XBRL Nominations Committee is actively developing the procedures and timeline for recruitment of the first elected members of this Board. A call for applicants will be announced shortly.

Please direct questions or feedback to Walter Hamscher (walter@hamscher.com) or Tony Fragnito (tonyf@xbrl.org), XBRL CEO.