U.S. Treasury, Federal Reserve and U.S. Secret Service Officials
Highlight the New $10 Note’s “Constitutional��? Design by Spending First $10
at the National Archives

Washington, D.C. – February 2, 2006– The U.S. Treasury, the Federal Reserve
and the U.S. Secret Service will introduce the redesigned $10 note into
circulation on Thursday, March 2, 2006. Honoring one of the new design
elements in the $10 note – the words "We the People" from the U.S.
Constitution – the “first spend��? transaction will take place at the home of
the Constitution, the National Archives. The new $10 note will be used to
purchase an item at the National Archives Shop.

This date will also mark when the Federal Reserve banks will begin
distributing the new $10 notes to its banking customers for distribution to
businesses and the public worldwide. The redesigned notes are expected to
begin circulating immediately in the United States and will enter
circulation more gradually in other countries as international banks place
orders for $10 notes from the Federal Reserve. The older-design notes will
continue to maintain their full-face value.