Results of Competitive Sales

MASSACHUSETTS

Duxbury (Town)

Jun 22, 2011 . . . . . . $2,665,000

General Obligation Bond Anticipation Notes (bank qualified) (book entry).

Dated Jun 30, 2011.

Due Jun 28, 2012.

Purchased $2,665,000.00 by Eastern Bk Cap Mkts, at 1.5%, plus $25,865.90, effective rate 0.524%.

L.O.: Edwards Angell Palmer & Dodge, LLP, Boston, MA.

F.A.: Eastern Bank Municipal Finance, Boston, MA.

NEW YORK

Hartford Central School District

Jun 24, 2011 . . . . . . $231,800

Bond Anticipation Notes, 2011 (bank qualified).

Dated Jul 8, 2011.

Due Jul 6, 2012.

Purchased $231,800.00 by Glens Falls Natl Bk, at 2.25%, effective rate 2.25%.

L.O.: Hiscock & Barclay, LLP, Albany, NY.

F.A.: Bernard P. Donegan, Inc., Victor, NY.

Other bidders were:

Oppenheimer, Effective Rate 3.25%

River Road Fire District No. 3 in the Town of Tonawanda

Jun 24, 2011 . . . . . . $990,000

Bond Anticipation Notes, 2011 (bank qualified).

Dated Jul 13, 2011.

Due Jul 12, 2012.

Purchased $990,000.00 by Oppenheimer, at 3.75%, effective rate 3.75%.

L.O.: Harris Beach PLLC, Rochester, NY.

F.A.: Municipal Solutions, Inc, Canandaigua, NY.

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Competitive sales results
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