Results of Negotiated Sales

CALIFORNIA

California Statewide Communities Development Authority

Nov 14, 2008 . . . . . . $143,655,000

Revenue Bonds, Series 2008A (Daughters of Charity Health System) (book entry)

Dated Nov 18, 2008.

Due Jul 1, 2014 to 2038.

First coupon Jan 1, 2009.

2014-2038 Callable Jul 1, 2013 at par.

Purchased through negotiation by Citigroup Global Markets, Inc., as follows:

Due Amount Cpn Reoffered Ins
7/1/19 $12,885,000 8.00% 8.00%
7/1/28 $37,105,000 8.25% 8.25%
7/1/38 $93,665,000 8.375% 8.375%

L.O.: Orrick, Herrington & Sutcliffe, Los Angeles, CA.

Loma Linda (City)

Oct 29, 2008 . . . . . . $70,000,000

Hospital Revenue Bonds, Series 2008A (Loma Linda University Medical Center) (book entry)

Dated Nov 13, 2008.

Due Dec 1, 2024 to 2038.

First coupon Dec 1, 2008.

Callable any time at par.

Purchased through negotiation by Goldman, Sachs & Co., Kinsell, Newcomb & DeDios, as follows:

Due Amount Cpn Reoffered Ins
12/1/38 $70,000,000 8.25% 8.25%

L.O.: Stradling, Yocca, Carlson & Rauth, San Francisco, CA.

DISTRICT OF COLUMBIA

District of Columbia Housing Finance Agency

Nov 14, 2008 . . . . . . $11,560,000

Variable Rate Demand Multifamily Housing Revenue Bonds, Series 2008 (Pentacle Apartments Project) Freddie Mac (book entry)

Dated Nov 24, 2008.

Due Nov 1, 2038.

First coupon Dec 1, 2008.

2038-2038 Callable Dec 1, 2008 at par.

Purchased through negotiation by Siebert, Brandford, Shank & Co., LLC, as follows:

Due Amount Cpn Reoffered Ins
11/1/38 $11,560,000 n/a n/a

L.O.: Bryant, Miller & Olive, Washington, DC.

FLORIDA

Palm Beach County Solid Waste Authority

Nov 13, 2008 . . . . . . $131,565,000

Improvement Revenue Bonds, Series 2008B (book entry)

Dated Nov 25, 2008.

Due Oct 1, 2024 to 2028.

First coupon Apr 1, 2009.

2024-2028 Callable Oct 1, 2018 at par.

Purchased through negotiation by Citigroup Global Markets, Inc., Jackson Securities, LLC, Janney Montgomery Scott, Inc., Loop Capital Markets, LLC, Merrill Lynch & Co, Raymond James & Associates, Inc., Wachovia Bank, N.A., as follows:

Due Amount Cpn Reoffered Ins
10/1/24 $6,445,000 5.50% 5.74%
10/1/24 $4,255,000 5.625% 5.74%
10/1/25 $27,035,000 5.50% 5.80%
10/1/28 $93,830,000 5.50% 5.90%

L.O.: Edwards Angell Palmer & Dodge, LLP, West Palm Beach, FL.

F.A.: Specturm Municipal Services, Inc., North Palm Beach, FL.

Pinellas County Industrial Development Authority

Nov 5, 2008 . . . . . . $4,000,000

Weekly Variable Rate Industrial Development Revenue Bonds (Bovie Medical Corporation Project), Series 2008 (Letter of Credit Issued by RBC Bank, USA) (book entry) (AMT)

Dated Nov 13, 2008.

Due Dec 1, 2028.

First coupon Dec 1, 2008.

2028-2028 Callable Dec 1, 2008 at par.

Purchased through negotiation by Frazer Lanier Co., Inc., as follows:

Due Amount Cpn Reoffered Ins
12/1/28 $4,000,000 n/a n/a

L.O.: Bryant, Miller & Olive, Tampa, FL.

IDAHO

Middleton County School District No. 134

Nov 17, 2008 . . . . . . $9,825,000

General Obligation Bonds, Series 2008 (book entry)

Dated Nov 26, 2008.

Due Sep 15, 2024 to 2028.

First coupon Mar 15, 2009.

2024-2028 Callable Sep 15, 2018 at par.

Purchased through negotiation by Seattle-Northwest Securities Corp., as follows:

Due Amount Cpn Reoffered Ins
9/15/24 $1,825,000 4.875% 4.55% AGC
9/15/25 $2,000,000 4.875% 4.60% AGC
9/15/26 $2,000,000 4.875% 4.65% AGC
9/15/27 $2,000,000 4.875% 4.70% AGC
9/15/28 $2,000,000 4.875% 4.75% AGC

L.O.: Hawley Troxell Ennis & Hawley, Boise, ID.

MARYLAND

Maryland Community Development Administration Department of Housing and Community Development

Nov 13, 2008 . . . . . . $9,100,000

Variable Rate Demand Multifamily Development Revenue Bonds, Series 2008F(Hopkins Village Apartments) Freddie Mac (book entry)

Dated Nov 20, 2008.

Due Nov 1, 2038.

First coupon Dec 1, 2008.

Callable any time at par.

Purchased through negotiation by RBC Capital Markets, as follows:

Due Amount Cpn Reoffered Ins
11/1/38 $9,100,000 n/a n/a

L.O.: Kutak Rock, Washington, DC.

F.A.: Caine, Mitter & Associates, New York, NY.

MASSACHUSETTS

Springfield Water and Sewer Commission

Oct 28, 2008 . . . . . . $14,135,000

General Revenue Bonds, 2008 Series A (book entry)

Dated Oct 15, 2008.

Due Oct 15, 2009 to 2028.

First coupon Apr 15, 2009.

2019-2028 Callable Oct 15, 2018 at par.

Purchased through negotiation by Corby Capital Markets, Inc., as follows:

Due Amount Cpn Reoffered Ins
10/15/09 $450,000 5.00% 2.30% AGC
10/15/10 $475,000 5.00% 3.23% AGC
10/15/11 $500,000 5.00% 3.52% AGC
10/15/12 $525,000 4.00% 3.63% AGC
10/15/13 $550,000 4.00% 3.86% AGC
10/15/14 $575,000 4.25% 4.03% AGC
10/15/15 $605,000 5.00% 4.19% AGC
10/15/16 $635,000 5.00% 4.36% AGC
10/15/17 $665,000 5.00% 4.55% AGC
10/15/18 $665,000 5.00% 4.73% AGC
10/15/19 $690,000 5.00% 4.93% AGC
10/15/20 $700,000 5.25% 5.06% AGC
10/15/21 $700,000 5.25% 5.17% AGC
10/15/22 $700,000 5.50% 5.28% AGC
10/15/23 $700,000 5.50% 5.33% AGC
10/15/24 $1,000,000 5.50% 5.38% AGC
10/15/25 $1,000,000 5.75% 5.52% AGC
10/15/26 $1,000,000 5.75% 5.57% AGC
10/15/27 $1,000,000 5.75% 5.59% AGC
10/15/28 $1,000,000 5.75% 5.61% AGC

L.O.: Murphy, McCoubrey & Auth, LLP, Springfield, MA.

MISSOURI

Moberly (City)

Nov 17, 2008 . . . . . . $5,050,000

Certificates of Participation, Series 2008 (book entry)

Dated Nov 25, 2008.

Due Dec 1, 2009 to 2018.

First coupon Jun 1, 2009.

2014-2018 Callable Dec 1, 2013 at par.

Purchased through negotiation by Edward D. Jones & Co., as follows:

Due Amount Cpn Reoffered Ins
12/1/09 $385,000 2.25% 2.25%
12/1/10 $395,000 3.25% 3.25%
12/1/11 $410,000 3.50% 3.50%
12/1/12 $425,000 3.80% 3.80%
12/1/13 $440,000 4.00% 4.00%
12/1/14 $455,000 4.20% 4.20%
12/1/15 $475,000 4.40% 4.40%
12/1/16 $495,000 4.60% 4.60%
12/1/17 $520,000 4.75% 4.75%
12/1/18 $1,050,000 4.875% 4.875%

L.O.: Gilmore & Bell, Kansas City, MO.

NEBRASKA

Minden (City)

Nov 17, 2008 . . . . . . $2,750,000

General Obligation Various Purpose Bonds, Series 2008 (bank qualified) (book entry)

Dated Dec 15, 2008.

Due Dec 15, 2009 to 2023.

First coupon Jun 15, 2009.

2014-2023 Callable Dec 15, 2013 at par.

Purchased through negotiation by Ameritas Investment Corp., as follows:

Due Amount Cpn Reoffered Ins
12/15/09 $145,000 2.40% NRO
12/15/10 $145,000 2.65% NRO
12/15/11 $150,000 3.00% NRO
12/15/12 $155,000 3.25% NRO
12/15/13 $160,000 3.45% NRO
12/15/14 $165,000 3.65% NRO
12/15/15 $170,000 3.85% NRO
12/15/16 $180,000 4.00% NRO
12/15/17 $185,000 4.20% NRO
12/15/18 $190,000 4.40% NRO
12/15/19 $200,000 4.60% NRO
12/15/20 $210,000 4.80% NRO
12/15/21 $220,000 4.95% NRO
12/15/22 $230,000 5.00% NRO
12/15/23 $245,000 5.05% NRO

L.O.: Baird, Holm, LLP, Omaha, NE.

Nebraska City (City)

Nov 17, 2008 . . . . . . $1,300,000

Public Safety Department Tax Anticipation Bonds, Series 2008 (book entry)

Dated Dec 18, 2008.

Due Dec 15, 2009 to 2028.

First coupon Jun 15, 2009.

2014-2028 Callable Dec 18, 2013 at par.

Purchased through negotiation by Ameritas Investment Corp., as follows:

Due Amount Cpn Reoffered Ins
12/15/09 $25,000 2.40% NRO
12/15/10 $25,000 2.70% NRO
12/15/11 $25,000 3.05% NRO
12/15/12 $25,000 3.30% NRO
12/15/13 $30,000 3.55% NRO
12/15/14 $30,000 3.75% NRO
12/15/15 $30,000 3.95% NRO
12/15/16 $30,000 4.10% NRO
12/15/17 $35,000 4.30% NRO
12/15/18 $40,000 4.50% NRO
12/15/19 $50,000 4.70% NRO
12/15/20 $85,000 4.90% NRO
12/15/21 $90,000 5.05% NRO
12/15/22 $95,000 5.10% NRO
12/15/23 $100,000 5.15% NRO
12/15/28 $585,000 5.40% NRO

L.O.: Baird, Holm, LLP, Omaha, NE.

NEW HAMPSHIRE

New Hampshire Health and Education Facilities Authority

Nov 13, 2008 . . . . . . $73,665,000

Variable Rate Revenue Bonds, RiverWoods at Exeter Issue, Series 2008 (Letter of Credit Issued by Bank of America, N.A.) (book entry)

Dated Nov 19, 2008.

Due Mar 1, 2038.

First coupon Dec 3, 2008.

Purchased through negotiation by Ziegler Capital Markets Group, as follows:

Due Amount Cpn Reoffered Ins
3/1/38 $73,665,000 n/a n/a

L.O.: Hawkins, Delafield & Wood, New York, NY.

OHIO

Canal Winchester Local School District

Nov 14, 2008 . . . . . . $3,100,000

General Obligation School Facilities Construction and Improvement Bond Anticipation Notes, Series A (bank qualified) (book entry) $2,845,000.

Dated Nov 25, 2008.

Due Nov 24, 2009.

First coupon Nov 24, 2009.

Non-callable.

Purchased through negotiation by Robert W. Baird & Co., Inc., as follows:

Due Amount Cpn Reoffered Ins
11/24/09 $2,845,000 3.625% NRO

General Obligation School Facilities Construction and Improvement Bond Anticipation Notes, Series B (bank qualified) (book entry) $255,000.

Dated Nov 25, 2008.

Due Nov 24, 2009.

First coupon Nov 24, 2009.

Non-callable.

Due Amount Cpn Reoffered Ins
11/24/09 $255,000 3.625% NRO

Deerfield Township

Nov 13, 2008 . . . . . . $10,980,000

Various Purpose Bond Anticipation Notes, Series 2008 Park and Land Acquisition Renewal (book entry)

Dated Nov 18, 2008.

Due Nov 17, 2009.

First coupon Nov 17, 2009.

Non-callable.

Purchased through negotiation by RBC Capital Markets, as follows:

Due Amount Cpn Reoffered Ins
11/17/09 $10,980,000 2.15% 2.15%

L.O.: Peck, Shaffer & Williams, Cincinnati, OH.

Warrensville Heights (City)

Nov 18, 2008 . . . . . . $2,020,000

Road Improvement (Special Assessment Limited Tax) Bond Anticipation Notes, Series 2008-2 (bank qualified) (book entry)

Dated Nov 25, 2008.

Due Nov 24, 2009.

First coupon Nov 24, 2009.

Non-callable.

Purchased through negotiation by NatCity Investments, Inc., as follows:

Due Amount Cpn Reoffered Ins
11/24/09 $2,020,000 3.00% NRO

L.O.: Roetzel & Andress, Cleveland, OH.

Woodlawn Village

Nov 12, 2008 . . . . . . $2,010,000

Various Purpose Limited Tax General Obligation Bond Anticipation Notes (bank qualified) (book entry)

Dated Nov 26, 2008.

Due Nov 25, 2009.

First coupon Nov 25, 2009.

Non-callable.

Purchased through negotiation by Fifth Third Securities, Inc., as follows:

Due Amount Cpn Reoffered Ins
11/25/09 $2,010,000 3.625% 3.25%

L.O.: Peck, Shaffer & Williams, Cincinnati, OH.

OREGON

Corbett School District No. 39

Nov 17, 2008 . . . . . . $3,495,000

General Obligation Refunding Bonds, Series 2008 (bank qualified) (book entry)

Dated Nov 26, 2008.

Due Dec 15, 2009 to 2013.

First coupon Jun 15, 2009.

Non-callable.

Purchased through negotiation by Seattle-Northwest Securities Corp., as follows:

Due Amount Cpn Reoffered Ins
12/15/09 $600,000 3.50% 1.75%
12/15/10 $645,000 3.50% 2.33%
12/15/11 $700,000 3.50% 2.61%
12/15/12 $745,000 3.50% 2.94%
12/15/13 $805,000 3.50% 3.13%

L.O.: K&L Gates LLP, Portland, OR.

PENNSYLVANIA

New Kensington-Arnold School District

Nov 3, 2008 . . . . . . $5,000,000

General Obligation Bonds, Series of 2008 (bank qualified) (book entry)

Dated Dec 1, 2008.

Due May 15, 2010 to 2029.

First coupon May 15, 2009.

2015-2029 Callable May 15, 2014 at par.

Purchased through negotiation by Boenning & Scattergood, Inc., as follows:

Due Amount Cpn Reoffered Ins
5/15/10 $5,000 3.00% 2.80% FSA
5/15/11 $5,000 3.00% 3.15% FSA
5/15/12 $5,000 3.35% 3.45% FSA
5/15/13 $5,000 3.55% 3.65% FSA
5/15/14 $5,000 3.75% 3.90% FSA
5/15/15 $5,000 4.00% 4.05% FSA
5/15/16 $5,000 4.10% 4.20% FSA
5/15/17 $5,000 4.30% 4.45% FSA
5/15/18 $5,000 4.50% 4.65% FSA
5/15/19 $5,000 4.50% 4.70% FSA
5/15/20 $5,000 4.50% 4.75% FSA
5/15/21 $5,000 4.55% 4.78% FSA
5/15/26 $25,000 4.625% 4.79% FSA
5/15/27 $1,755,000 4.65% 4.80% FSA
5/15/28 $1,835,000 4.70% 4.83% FSA
5/15/29 $1,325,000 4.80% 4.89% FSA

L.O.: Dinsmore & Shohl LLP, Pittsburgh, PA.

TENNESSEE

McNairy County

Nov 17, 2008 . . . . . . $6,535,000

General Obligation Refunding Bonds (bank qualified) (book entry)

Dated Dec 10, 2008.

Due Jun 1, 2009 to 2019.

First coupon Jun 1, 2009.

Non-callable.

Purchased through negotiation by Morgan Keegan & Co., Inc., as follows:

Due Amount Cpn Reoffered Ins
6/1/09 $1,175,000 4.00% 2.00%
6/1/10 $1,240,000 4.00% 2.55%
6/1/11 $1,285,000 3.50% 3.00%
6/1/12 $60,000 4.00% 3.40%
6/1/13 $70,000 4.00% 3.60%
6/1/14 $170,000 4.00% 3.70%
6/1/15 $490,000 4.00% 3.85%
6/1/16 $520,000 4.00% 4.00%
6/1/17 $540,000 4.15% 4.20%
6/1/18 $495,000 4.25% 4.30%
6/1/19 $490,000 4.35% 4.40%

L.O.: Glankler Brown, PLLC, Memphis, TN.

TEXAS

Lake Dallas Independent School District

Nov 17, 2008 . . . . . . $7,400,000

School Building Capital Appreciation Bonds, Series 2008 (Maturity Amount) (bank qualified) (book entry) $2,440,000.

Dated Nov 15, 2008.

Due Aug 15, 2014 to 2044.

2019-2044 Callable Aug 15, 2018 at par.

Purchased through negotiation by Morgan Keegan & Co., Inc., Southwest Securities, Inc., as follows:

Due Amount Cpn Reoffered Ins
8/15/14 $150,000 0.00% 4.00% FSA
8/15/15 $300,000 0.00% 4.25% FSA
8/15/16 $300,000 0.00% 4.50% FSA
8/15/17 $260,000 0.00% 4.70% FSA
8/15/18 $265,000 0.00% 4.90% FSA
8/15/19 $270,000 0.00% 5.15% FSA
8/15/20 $270,000 0.00% 5.25% FSA
8/15/21 $270,000 0.00% 5.35% FSA
8/15/22 $270,000 0.00% 5.45% FSA
8/15/23 $270,000 0.00% 5.55% FSA
8/15/24 $270,000 0.00% 5.65% FSA
8/15/25 $270,000 0.00% 5.75% FSA
8/15/26 $270,000 0.00% 5.85% FSA
8/15/27 $270,000 0.00% 5.95% FSA
8/15/28 $270,000 0.00% 6.00% FSA
8/15/29 $270,000 0.00% 6.05% FSA
8/15/30 $270,000 0.00% 6.10% FSA
8/15/31 $270,000 0.00% 6.15% FSA
8/15/32 $270,000 0.00% 6.20% FSA
8/15/33 $270,000 0.00% 6.30% FSA
8/15/34 $270,000 0.00% 6.40% FSA
8/15/35 $270,000 0.00% 6.50% FSA
8/15/36 $270,000 0.00% 6.60% FSA
8/15/37 $270,000 0.00% 6.70% FSA
8/15/38 $1,465,000 0.00% 6.75% FSA
8/15/39 $1,470,000 0.00% 6.80% FSA
8/15/40 $1,470,000 0.00% 6.85% FSA
8/15/41 $1,465,000 0.00% 6.86% FSA
8/15/42 $1,465,000 0.00% 6.87% FSA
8/15/43 $1,125,000 0.00% 6.88% FSA
8/15/44 $1,100,000 0.00% 6.89% FSA

School Building Bonds, Series 2008 (bank qualified) (book entry) $4,960,000.

Dated Nov 15, 2008.

Due Aug 15, 2048.

First coupon Aug 15, 2009.

2048-2048 Callable Aug 15, 2018 at par.

Due Amount Cpn Reoffered Ins
8/15/48 $4,960,000 6.00% 6.27% FSA

L.O.: State Attorney General; and Fulbright & Jaworski, Dallas, TX.

F.A.: RBC Capital Markets, Dallas, TX.

WISCONSIN

Lincoln County

Nov 12, 2008 . . . . . . $9,965,000

General Obligation Refunding Bonds (bank qualified) (book entry)

Dated Nov 15, 2008.

Due Apr 1, 2010 to 2028.

First coupon Apr 1, 2009.

2020-2028 Callable Apr 1, 2019 at par.

Purchased through negotiation by Stifel, Nicolaus & Co., Inc., as follows:

Due Amount Cpn Reoffered Ins
4/1/10 $210,000 4.00% 2.60% FSA
4/1/11 $255,000 4.00% 2.80% FSA
4/1/12 $305,000 4.00% 3.10% FSA
4/1/13 $350,000 4.00% 3.35% FSA
4/1/14 $55,000 4.00% 3.60% FSA
4/1/19 $625,000 4.20% 4.20% FSA
4/1/20 $675,000 4.25% 4.25% FSA
4/1/21 $725,000 4.30% 4.30% FSA
4/1/23 $1,615,000 4.40% 4.40% FSA
4/1/24 $895,000 4.45% 4.47% FSA
4/1/25 $960,000 4.50% 4.52% FSA
4/1/26 $1,025,000 4.55% 4.57% FSA
4/1/27 $1,095,000 4.60% 4.62% FSA
4/1/28 $1,175,000 4.625% 4.67% FSA

L.O.: Quarles & Brady, Milwaukee, WI.

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Negotiated sales results
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