October 28, 2016

TO:	Members of the Federal Home Loan Bank of Boston
SUBJECT:	Independent Director Report of Election

The Federal Home Loan Bank of Boston is pleased to announce the results of the election of three independent directors, each for a term beginning January 1, 2017. The directors elected are indicated below.

DISTRICT ONE – NEW ENGLAND

Number of Members Voting in Election (Total Ballots Received)	227
Total Number of Eligible Votes per Position (Potential)	8,984,855
FHFA 20% Threshold Requirement	1,796,971

		VOTES RECEIVED
*Andrew J. Calamare		5,071,981
	President of The Co-operative Central Bank, Boston, MA; qualifications
	in business, law, organizational management, bank regulatory and
	insurance company matters.
*Antoinette Lazarus		4,360,935
	Chief Compliance Officer of Landmark Partners, Simsbury, CT;
	qualifications in compliance and regulatory matters, accounting, fund
	management and insurance company matters.
*Jay F. Malcynsky		4,278,176
	President and Managing Partner of Gaffney, Bennett & Associates, Inc.,
	New Britain, CT; qualifications in law, organizational management,
	government relations and political consulting.

We extend a special note of thanks to all our members who participated in this year’s election process.

Sincerely,

/s/ Carol Hempfling Pratt

Carol Hempfling Pratt

Senior Vice President/General Counsel and Corporate Secretary

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*Messrs. Calamare and Malcynsky and Ms. Lazarus were elected to four year terms expiring December 31, 2020. These directorships have not been designated as “public interest;” the Bank’s two public interest directorships are held by other directors.