Taxable Proposed New Issue

$27,585,000* Texas Tech University System Revenue Financing System Refunding and Improvement Bonds, Fifteenth Series (2012B)

On December 16, 2011, the Board of Regents of the Texas Tech University System approved a resolution authorizing the sale and delivery of refunding and improvement bonds through the Texas Tech University System Revenue Financing System.

This issuance includes approximately $27,585,000 of taxable* bonds (Fifteenth Series 2012B).

Click here to view the Preliminary Offering Statement (POS) for these bonds

For additional information, please contact your local financial advisor
or one of the following firms for specific purchase information.

Morgan Keegan
800.653.3426
www.heidi.gough.mkadvisor.com

Estrada Hinojosa & Company, Inc.
800.676.5352
www.ehmuni.com

*Before purchasing any bonds, contact your tax advisor to determine applicable federal, state, or local tax consequences.