RE: $35,000,000*
Santa Clarita Community College District (Los Angeles County, CA)
General Obligation Bonds, Election of 2006, Series 2012

MOODY’S:                    S&P: AA                 FITCH: AA

DATED:05/30/2012   FIRST COUPON:08/01/2012

DUE: 08/01

Delivery is firm for Wednesday, May 30, 2012.

This Issue is book entry. This issue is clearing through DTC.

CONTACT:
Piper Jaffray

By: Piper Jaffray  Minneapolis, MN

$85,155,000*
MARIN MUNICIPAL WATER DISTRICT FINANCING AUTHORITY
(MARIN COUNTY, CALIFORNIA)
WATER REVENUE BONDS, 2012 SERIES A
(SUBORDINATE LIEN)

MOODY’S: NR                 S&P: AA                 FITCH: AA+
DATED:06/20/2012   FIRST COUPON:01/01/2013
DUE: 07/01
POS AVAILABLE ELECTRONICALLY AT:
DELAROSA IS CO MANAGER

SAN YSIDRO SCHOOL DISTRICT
General Obligation Bonds, 1997 Election, Series G
(San Diego County, California)

MOODY’S:                    S&P: AA-                FITCH:
(A+ underlying)

Assured Guaranty Municipal Corp. Insured

DATED:05/31/2012

DUE: 08/01
Delivery is firm for Thursday, May 31, 2012.

This Issue is book entry. This issue is clearing through DTC.

A reasonable number of final statements are available from:

De La Rosa & Co.

By: De La Rosa & Co.  Los Angeles, CA

RE: $260,375,000*
CITY OF LOS ANGELES
Wastewater System Subordinate Revenue Bonds,
Refunding Series 2012-B

MOODY’S: Aa3                S&P: AA                 FITCH: AA
(Stable)                (Stable)                  (Stable)

DATED:05/30/2012   FIRST COUPON:12/01/2012
DUE: 06/01

The Award is expected on Tuesday, May 1, 2012.

Delivery is firm for Wednesday, May 30, 2012.

This Issue is book entry. This issue is clearing through DTC.

A reasonable number of preliminary statements are available from:
J.P. Morgan Securities LLC
Jefferies & Company, Inc.
Loop Capital Markets

By: J.P. Morgan Securities LLC  New York, NY

GROSSMONT UNION HIGH SCHOOL DISTRICT
(San Diego County, California)
General Obligation Refunding Bonds (Election of 2004)
Series 2012

MOODY’S: Aa2                S&P: AA-                FITCH:

DATED:05/17/2012   FIRST COUPON:08/01/2012

DUE: 08/01