The following is the agenda as of 3 p.m., April 23rd, for the April 24, 2008 Annual Meeting of the Board of Commissioners and Board Committee meetings of The Port Authority of New York and New Jersey and its subsidiaries to be held at 225 Park Avenue South, NY, NY 10003:

ANNUAL BOARD MEETING – PUBLIC SESSION – 1:30 P.M.

Executive Director’s Report

Board Matters

Election of Officers

Annual Audit Committee Report
Hon. David S. Steiner, Chairman, Audit Committee

Presentation Item

Airport Delay Reduction Program
William DeCota, Director, Aviation

Public Comment Period on other Items on the Agenda or other Port Authority Matters*

* Members of the public wishing to address the Board should register by sending an e-mail with their name, affiliation (if any) and topic at Speakers@PANYNJ.gov by 11 a.m. on Thursday, April 24. Those who wish to address the Board on one of the Presentation Items will be given an opportunity to do so upon completion of the presentation and prior to the Board’s vote on the Item. Those wishing to address the Board on other matters will be given an opportunity to do so prior to the vote on the Calendar of Resolutions. Speakers are limited to three minutes each, and speaking time may not be transferred. The public comment period may be limited to 30 minutes. Appropriate photo identification is required.

CALENDAR OF RESOLUTIONS (in addition to items appearing above on the Public Board Meeting Agenda)

• Newark Liberty International Airport, Port Newark and Elizabeth-Port Authority Marine Terminal – Improvements to North Area Airport Roadways and Port Street - Planning Authorization
• Downtown Restoration Program – Construction of One World Trade Center, the Freedom Tower Project and World Trade Center Memorial and Memorial Museum Projects – Delegation of Authority to Accept Assignment and/or Award Certain Construction Trade Contracts
• New York and New Jersey Airports – Reaffirmation and Expansion of Delegation of Authority to the Executive Director to Adjust Airport Fees and Charges
• Port Newark – FAPS, Inc. – Lease No. L-PN-265 and Lease No. L-PN-266, Supplemental Agreements
• McLester Realty, LLC – Amended and Restated Lease Agreement – Apple, Inc. and 2-64 Realty, LLC – Termination of Leases EP-193 and EP-264
• World Trade Center Owners’ Controlled Insurance Program – Insurance Premium Authorization (for action in Committee on Finance)

Committee on Finance – Public Session – 11:00 a.m.

WTC Owners’ Controlled Insurance Program – Insurance Premium Authorization (for action)
Anne Marie Mulligan, Treasurer

Committee on Capital Programs/Agency Planning – Public Session – 11:00 a.m.

Newark Liberty International Airport, Port Newark and Elizabeth-Port Authority Marine Terminal – Improvements to North Area Airport Roadways and Port Street - Planning (for discussion)
John Drobny, Director, Development

Committee on Operations – Public Session – 11:30 a.m.

Port Newark – FAPS, Inc. – Supplemental Lease Agreements (for discussion)
Richard Larrabee, Director, Port Commerce

Elizabeth-Port Authority Marine Terminal – McLester Realty, LLC - Amended and Restated Lease Agreement – ASA Apple, Inc. and 2-64 Realty, LLC – Termination of Leases (for discussion)
Richard Larrabee, Director, Port Commerce

The Committee on Finance will also meet in executive session to discuss matters related to the purchase, sale, or lease of real property, or securities where disclosure would affect the value thereof or the public interest; the Committee on Operations will also meet in executive session to discuss and act upon matters related to the purchase, sale, or lease of real property, or securities where disclosure would affect the value thereof or the public interest, and matters related to the development of future Port Authority facilities or projects when public disclosure may impact on property values; and the Nominating Committee will meet in executive session to discuss matters related to personnel and personnel procedures.

The Board of Commissioners will meet in executive session prior to the public Board meeting to discuss and to act upon matters related to the purchase, sale, or lease of real property, or securities where disclosure would affect the value thereof or the public interest.

All meeting times are approximate.

For more information, contact the Office of the Secretary at (212) 435-6682 or (212) 435-6684.

Media Only: (212) 435-7777

SUBJECT TO CHANGE