We will show in this paper that if λ is very close to 1, then can be attained, where M is a compact–manifold with boundary. This result gives a counter–example to the conjecture of de Figueiredo and Ruf in their paper titled "On an inequality by Trudinger and Moser and related elliptic equations" ( Comm. Pure. Appl. Math., 55, 135–152, 2002). [ABSTRACT FROM AUTHOR]