The Current Offering

$40,960,000* Infrastructure and State Moral Obligation Revenue Bonds
(Virginia Pooled Financing Program)
consisting of

$28,060,000* Infrastructure Revenue Bonds
(Virginia Pooled Financing Program),
Series 2010B

$12,900,000* State Moral Obligation Revenue Bonds
(Virginia Pooled Financing Program),
Series 2010B

RATINGS: Infrastructure Revenue 2010B Bonds: Aaa (Moody’s), AAA (S & P)
Moral Obligation 2010B Bonds: Aa2 (Moody’s), AA (S & P)

* Preliminary, subject to change