RE: $1,250,000,000*
CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY
KAISER PERMANENTE REVENUE BONDS, SERIES 2012A

MOODY’S:                    S&P: A+                 FITCH: A+
(STABLE)                  (STABLE)

DATED:04/18/2012   FIRST COUPON:10/01/2012

DUE: 04/01
The Award is expected on Thursday, April 5, 2012.

Delivery is firm for Wednesday, April 18, 2012.

This Issue is book entry. This issue is clearing through DTC.
CONTACTS::
Citigroup Global Markets Inc
Goldman, Sachs & Co.
J.P. Morgan Securities LLC

By: Citigroup Global Markets Inc  New York, NY

RE: $500,000,000*
REGENTS OF THE UNIVERSITY OF CALIFORNIA
GENERAL REVENUE BONDS
2012 SERIES AD (TAXABLE)

***********************************************************************************
TENTATIVE PRICING FOR THIS ISSUE IS THE WEEK OF FEBRUARY 20, 2012.
***********************************************************************************

************* ATTENTION *************
THE BONDS ARE TAXABLE MUNICIPAL SECURITIES

MOODY’S: Aa1                S&P: AA                 FITCH: AA+

DATED:03/01/2012   FIRST COUPON:11/15/2012

DUE: 05/15
Delivery is expected on Thursday, March 1, 2012.

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

Goldman, Sachs & Co.
Barclays Capital
Citigroup Global Markets Inc
J.P. Morgan Securities LLC
Loop Capital Markets
Morgan Stanley & Co. LLC

By: Goldman, Sachs & Co.  New York, NY