Results of Negotiated Sales

ARIZONA

Maricopa County Industrial Development Authority

Oct 27, 2008 . . . . . . $30,000,000

Weekly Variable Rate Demand Revenue Bonds (Valley of the Sun YMCA), Series 2008 (Letter of Credit Issued by U.S. Bank National Association) (book entry)

Dated Oct 30, 2008.

Due Dec 1, 2037.

First coupon Nov 3, 2008.

Callable any time at par.

Purchased through negotiation by Banc of America Securities LLC, as follows:

Due Amount Cpn Reoffered Ins
12/1/37 $30,000,000 n/a n/a

L.O.: Squire, Sanders & Dempsey, Phoenix, AZ.

CALIFORNIA

California Municipal Finance Authority

Oct 27, 2008 . . . . . . $7,700,000

Weekly Variable Rate Demand Revenue Bonds (Goodwill Industries of Orange County, California) Series 2008 (Letter of Credit Issued by Wells Fargo, N.A.) (book entry)

Dated Oct 30, 2008.

Due Oct 1, 2033.

First coupon Nov 1, 2008.

Callable any time at par.

Purchased through negotiation by Wells Fargo Institutional Securities, LLC, as follows:

Due Amount Cpn Reoffered Ins
10/1/33 $7,700,000 n/a n/a

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

ILLINOIS

Galesburg (City)

Nov 3, 2008 . . . . . . $10,000,000

Water System Revenue Bonds, Series 2008 (bank qualified) (book entry)

Dated Nov 18, 2008.

Due Dec 1, 2010 to 2033.

First coupon Jun 1, 2009.

2019-2033 Callable Dec 1, 2018 at par.

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

Due Amount Cpn Reoffered Ins
12/1/10 $155,000 3.50% 3.00%
12/1/11 $160,000 3.50% 3.24%
12/1/12 $170,000 3.75% 3.56%
12/1/13 $175,000 4.00% 3.75%
12/1/14 $180,000 4.00% 4.00%
12/1/15 $190,000 4.00% 4.00%
12/1/16 $195,000 4.00% 4.10%
12/1/17 $355,000 4.00% 4.17%
12/1/18 $365,000 4.20% 4.28%
12/1/19 $385,000 4.30% 4.40%
12/1/20 $400,000 4.40% 4.53%
12/1/21 $415,000 4.50% 4.65%
12/1/22 $435,000 4.60% 4.70%
12/1/23 $455,000 4.65% 4.75%
12/1/24 $475,000 4.70% 4.80%
12/1/25 $500,000 4.75% 4.85%
12/1/26 $525,000 4.80% 4.90%
12/1/27 $550,000 4.85% 4.93%
12/1/30 $1,815,000 5.00% 5.08%
12/1/33 $2,100,000 5.125% 5.19%

L.O.: Katten Muchin Rosenman LLP, Chicago, IL.

Palatine Park District

Oct 24, 2008 . . . . . . $9,750,000

General Obligation Bonds (Alternate Revenue Source) Series 2008A (bank qualified) (book entry) $7,000,000.

Dated Nov 15, 2008.

Due Dec 1, 2009 to 2026.

First coupon Dec 1, 2009.

2017-2026 Callable Dec 1, 2016 at par.

Purchased through negotiation by BMO Capital Markets, as follows:

Due Amount Cpn Reoffered Ins
12/1/09 $225,000 5.75% 2.60%
12/1/10 $250,000 5.75% 3.00%
12/1/11 $265,000 5.75% 3.40%
12/1/12 $235,000 5.75% 3.60%
12/1/13 $245,000 5.75% 3.80%
12/1/14 $210,000 5.75% 3.95%
12/1/15 $225,000 5.75% 4.05%
12/1/16 $190,000 5.50% 4.15%
12/1/17 $200,000 5.50% 4.20%
12/1/18 $160,000 5.50% 4.30%
12/1/19 $170,000 5.50% 4.40%
12/1/21 $265,000 4.55% 4.55%
12/1/22 $500,000 5.25% 4.60%
12/1/23 $535,000 4.625% 4.70%
12/1/24 $1,015,000 4.70% 4.75%
12/1/25 $1,050,000 4.75% 4.80%
12/1/26 $1,260,000 4.80% 4.85%

Limited Tax Park Bonds, Series 2008B (bank qualified) (book entry) $2,750,000.

Dated Nov 15, 2008.

Due Dec 1, 2022 to 2027.

First coupon Dec 1, 2009.

2022-2027 Callable Dec 1, 2016 at par.

Due Amount Cpn Reoffered Ins
12/1/22 $375,000 4.625% 4.65%
12/1/23 $380,000 4.625% 4.70%
12/1/24 $400,000 4.70% 4.75%
12/1/25 $415,000 4.75% 4.80%
12/1/26 $290,000 4.80% 4.85%
12/1/27 $890,000 4.80% 4.90%

L.O.: Chapman & Cutler, Chicago, IL.

MARYLAND

Maryland Health and Higher Educational Facilities Authority

Oct 28, 2008 . . . . . . $5,610,000

Weekly Variable Rate Revenue Bonds, Chimes Issue, Series 2008 (Letter of Credit Issued by PNC Bank, N.A.) (book entry)

Dated Oct 31, 2008.

Due Jul 1, 2009 to 2033.

First coupon Dec 1, 2008.

Callable any time at par.

Purchased through negotiation by PNC Capital Markets, as follows:

Due Amount Cpn Reoffered Ins
7/1/33 $5,610,000 n/a n/a

L.O.: McKennon Shelton & Henn LLP, Baltimore, MD.

F.A.: Killarney Advisors, Inc, New York, NY.

MASSACHUSETTS

Massachusetts Development Finance Agency

Oct 30, 2008 . . . . . . $6,500,000

Weekly Variable Rate Demand Revenue Bonds Brooks School Issue, Series 2008 (Letter of Credit issued by Citizens Bank) (book entry)

Dated Nov 3, 2008.

Due Jul 1, 2009 to 2029.

First coupon Dec 1, 2008.

Callable any time at par.

Purchased through negotiation by George K. Baum & Co., as follows:

Due Amount Cpn Reoffered Ins
7/1/29 $6,500,000 n/a n/a

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

MINNESOTA

Chaska (City)

Oct 27, 2008 . . . . . . $15,255,000

General Obligation Refunding Bonds, Series 2008A (book entry) $14,385,000.

Dated Nov 1, 2008.

Due Feb 1, 2010 to 2015.

First coupon Aug 1, 2009.

Non-callable.

Purchased through negotiation by Wells Fargo Brokerage Services, LLC, as follows:

Due Amount Cpn Reoffered Ins
2/1/10 $2,055,000 4.00% 3.25%
2/1/11 $2,300,000 4.00% 3.70%
2/1/12 $2,350,000 4.00% 3.90%
2/1/13 $2,475,000 5.00% 4.15%
2/1/14 $2,565,000 4.75% 4.40%
2/1/15 $2,640,000 5.00% 4.55%

L.O.: Dorsey & Whitney, Minneapolis, MN.

F.A.: Springsted Incorporated, St. Paul, MN.

MISSOURI

Missouri Development Finance Authority

Nov 4, 2008 . . . . . . $10,725,000

Infrastructure Revenue Bonds, Events Center Project, Series 2008H (book entry)

Dated Nov 1, 2008.

Due Oct 1, 2027 to Apr 1, 2038.

First coupon Apr 1, 2009.

2027-2038 Callable Oct 1, 2013 at par.

Purchased through negotiation by Piper Jaffray & Company, as follows:

Due Amount Cpn Reoffered Ins
4/1/29 $2,000,000 6.75% 6.85%
4/1/33 $2,580,000 6.75% 7.15%
4/1/38 $6,145,000 7.00% 7.25%

L.O.: Gilmore & Bell, St. Louis, MO.

NEW JERSEY

New Jersey Economic Development Authority

Oct 24, 2008 . . . . . . $6,955,000

Weekly Variable Rate Demand Purchase Revenue Bonds (Accurate Box Co., Inc. Project), Series 2008 (Letter of Credit Issued by Sun National Bank) (book entry)

Dated Oct 30, 2008.

Due Sep 1, 2028.

First coupon Dec 1, 2008.

2028-2028 Callable Dec 1, 2008 at par.

Purchased through negotiation by Wells Fargo Brokerage Services, LLC, as follows:

Due Amount Cpn Reoffered Ins
9/1/28 $6,955,000 n/a n/a

L.O.: Wolff & Samson PC, West Orange, NJ.

OHIO

Celina (City)

Nov 3, 2008 . . . . . . $1,680,000

Various Purpose Notes, Series 2008 (General Obligation Limited Tax) (bank qualified) (book entry)

Dated Nov 6, 2008.

Due Nov 5, 2009.

First coupon Nov 5, 2009.

Non-callable.

Purchased through negotiation by RBC Capital Markets, as follows:

Due Amount Cpn Reoffered Ins
11/5/09 $1,680,000 3.80% 3.25%

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

Mount Orab Village

Oct 20, 2008 . . . . . . $175,000

Water Purchase Rights Bond Anticipation Notes, Fourth (2008) Renewal (bank qualified) (book entry)

Dated Oct 30, 2008.

Due Oct 29, 2009.

First coupon Oct 29, 2009.

Non-callable.

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

Due Amount Cpn Reoffered Ins
10/29/09 $175,000 4.50% 4.00%

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

Shaker Heights (City)

Oct 16, 2008 . . . . . . $6,845,000

Urban Renewal Temporary Bonds, Series 2008 (bank qualified) (book entry)

Dated Oct 30, 2008.

Due Apr 22, 2009.

First coupon Apr 22, 2009.

Non-callable.

Purchased through negotiation by George K. Baum & Co., as follows:

Due Amount Cpn Reoffered Ins
4/22/09 $6,845,000 3.65% 2.85%

L.O.: Squire, Sanders & Dempsey, Cleveland, OH.

PENNSYLVANIA

Clearfield Municipal Authority

Oct 28, 2008 . . . . . . $3,875,000

Water Revenue Bonds, 2008 Series (bank qualified) (book entry)

Dated Nov 1, 2008.

Due Dec 1, 2013 to 2033.

First coupon Jun 1, 2009.

2014-2033 Callable Dec 1, 2013 at par.

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

Due Amount Cpn Reoffered Ins
12/1/13 $115,000 3.75% 3.93%
12/1/14 $115,000 4.00% 4.11%
12/1/15 $120,000 4.125% 4.27%
12/1/16 $125,000 4.25% 4.44%
12/1/17 $130,000 4.45% 4.61%
12/1/18 $140,000 4.625% 4.79%
12/1/19 $145,000 4.75% 4.94%
12/1/20 $150,000 5.00% 5.07%
12/1/25 $880,000 5.125% 5.35%
12/1/29 $880,000 5.20% 5.45%
12/1/33 $1,075,000 5.30% 5.55%

L.O.: Reed Smith LLP, Pittsburgh, PA.

Southcentral Pennsylvania General Authority

Nov 4, 2008 . . . . . . $51,765,000

Revenue Bonds, Series 2008A (Wellspan Health Obligated Group) (book entry)

Dated Nov 12, 2008.

Due Jun 1, 2026 to 2029.

First coupon Dec 1, 2008.

2026-2029 Callable Dec 1, 2018 at par.

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

Due Amount Cpn Reoffered Ins
6/1/26 $11,860,000 0.00%
6/1/27 $12,560,000 0.00%
6/1/28 $13,225,000 0.00%
6/1/29 $14,120,000 6.00% 6.50%

L.O.: Ballard Spahr Andrews & Ingersoll LLP, Philadelphia, PA.

F.A.: Kaufman Hall, Skokie, IL.

TEXAS

North Texas Tollway Authority

Nov 4, 2008 . . . . . . $100,000,000

Variable Rate System Tier Revenue Refunding Bonds, Series 2008J (book entry)

Dated Nov 4, 2008.

Due Jan 1, 2039.

First coupon Dec 1, 2008.

2039-2039 Callable Dec 1, 2008 at par.

Privately placed by Banc of America Securities LLC, as follows:

Due Amount Cpn Reoffered Ins
1/1/39 $100,000,000 n/a n/a

L.O.: State Attorney General; McCall Parkhurst & Horton, Dallas, TX; and Simmons Mahomes P.C., Dallas, TX.

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

Royal Independent School District

Nov 4, 2008 . . . . . . $19,998,357

School Building Bonds, Series 2008A (book entry) $19,195,000.

Dated Dec 1, 2008.

Due Feb 15, 2022 to 2039.

First coupon Aug 15, 2009.

2022-2039 Callable Feb 15, 2017 at par.

Purchased through negotiation by Southwest Securities, Inc., First Southwest Company, RBC Capital Markets, Piper Jaffray & Company, First Public, LLC, as follows:

Due Amount Cpn Reoffered Ins
2/15/22 $1,255,000 5.00% 5.00% PSF
2/15/23 $675,000 5.00% 5.06% PSF
2/15/24 $710,000 5.00% 5.11% PSF
2/15/25 $745,000 5.00% 5.17% PSF
2/15/26 $785,000 5.125% 5.23% PSF
2/15/27 $825,000 5.125% 5.29% PSF
2/15/28 $870,000 5.00% 5.00% PSF
2/15/29 $915,000 5.00% 5.35% PSF
2/15/30 $960,000 5.25% 5.40% PSF
2/15/34 $4,405,000 5.375% 5.49% PSF
2/15/39 $7,050,000 5.50% 5.625% PSF

School Building Capital Appreciation Bonds, Series 2008A (Maturity Value) (book entry) $803,357.

Dated Dec 1, 2008.

Due Feb 15, 2014 to 2020.

Non-callable.

Due Amount Cpn Reoffered Ins
2/15/14 $595,000 0.00% 4.29% PSF
2/15/15 $595,000 0.00% 4.49% PSF
2/15/16 $595,000 0.00% 4.69% PSF
2/15/17 $595,000 0.00% 4.88% PSF
2/15/18 $595,000 0.00% 5.08% PSF
2/15/19 $595,000 0.00% 5.24% PSF
2/15/20 $595,000 0.00% 5.42% PSF

VIRGINIA

Albemarle County Economic Development Authority

Oct 29, 2008 . . . . . . $80,000,000

Weekly Variable Rate Hospital Revenue Bonds (Marth Jefferson Hospital) Series 2008A (Letter of Credit Issued by Branch Banking and Trust Company) (book entry) $40,000,000.

Dated Oct 30, 2008.

Due Oct 1, 2048.

First coupon Dec 1, 2008.

Callable any time at par.

Purchased through negotiation by BB&T Capital Markets, as follows:

Due Amount Cpn Reoffered Ins
10/1/48 $40,000,000 n/a n/a

Weekly Variable Rate Hospital Revenue Bonds (Marth Jefferson Hospital) Series 2008B (Letter of Credit Issued by Branch Banking and Trust Company) (book entry) $40,000,000.

Dated Oct 30, 2008.

Due Oct 1, 2048.

First coupon Dec 1, 2008.

Callable any time at par.

Due Amount Cpn Reoffered Ins
10/1/48 $40,000,000 n/a n/a

L.O.: McGuireWoods LLP, Richmond, VA.

F.A.: Ponder & Co., Chicago, IL.

Albemarle County Economic Development Authority

Oct 29, 2008 . . . . . . $80,795,000

Daily Variable Rate Hospital Revenue Bonds (Marth Jefferson Hospital) Series 2008C (Letter of Credit Issued by Wachovia Bank, N.A.) (book entry) $40,000,000.

Dated Oct 30, 2008.

Due Oct 1, 2048.

First coupon Dec 1, 2008.

Callable any time at par.

Purchased through negotiation by Wachovia Bank, N.A., as follows:

Due Amount Cpn Reoffered Ins
10/1/48 $40,000,000 n/a n/a

Daily Variable Rate Hospital Revenue Bonds (Marth Jefferson Hospital) Series 2008D (Letter of Credit Issued by Wachovia Bank, N.A.) (book entry) $40,795,000.

Dated Oct 30, 2008.

Due Oct 1, 2048.

First coupon Dec 1, 2008.

Callable any time at par.

Due Amount Cpn Reoffered Ins
10/1/48 $40,795,000 n/a n/a

L.O.: McGuireWoods LLP, Richmond, VA.

F.A.: Ponder & Co., Chicago, IL.

TAXABLE ISSUES

MINNESOTA

Chaska (City)

Oct 27, 2008 . . . . . . $15,255,000

General Obligation Tax Increment Refunding Bonds, Series 2008B (book entry) (Taxable) $870,000.

Dated Nov 1, 2008.

Due Feb 1, 2010 to 2015.

First coupon Aug 1, 2009.

Non-callable.

Purchased through negotiation by Wells Fargo Brokerage Services, LLC, as follows:

Due Amount Cpn Reoffered Ins
2/1/10 $135,000 4.50% 4.50%
2/1/11 $145,000 4.75% 4.75%
2/1/12 $135,000 5.00% 5.00%
2/1/13 $145,000 5.25% 5.25%
2/1/14 $150,000 5.50% 5.50%
2/1/15 $160,000 5.75% 5.75%

L.O.: Dorsey & Whitney, Minneapolis, MN.

F.A.: Springsted Incorporated, St. Paul, MN.

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Negotiated sales results
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