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PAGE , S~-OMONSMITHBP-RNEY <br />250 CHURCH ST S.E. Amemberofcitigroup? <br />P.O. BOX 2525 <br />SALEM OR 97301 <br />. ~i~~a~~~ <br />i i, i„i,,, i„i i, i i,,,,, i, n„i,,,, i u i,,, i ~ i„n„~ i,~ <br />PENCE/KELLY CONSTRUCTION INC p 2*~ ti999 Branch Manager: <br />P O BOX 4109 ~~ MARY ANN FRANKLIN <br />SALEM OR 97302-8109 ,.G,.~~ •~`"y Branch Telephone: <br />Gonstru~t~O~' S03-581-1511 <br />Account Number: <br />520-01881 <br />Dear Client: <br />For your protection, ft is our policy to confirm the transfer ot assets from your account as <br />directed by your written instructions. <br />The tollowing transfers were made on 09/22/99 from your Account referenced above to the <br />account identified below: <br />Account Number & Name Qty/Amount Security Description <br />520-22204 <br />MARION COUNTY/SALEM MASS TRANS 165,000 OREGON ST HIGHER ED BLDG-SER C <br />SECURED PARTY FBO PENCE/KELLY BK/ENTRY UNLTD TAX <br />PO BOX 4109 DTD 12HM992 <br />SALEM OR 87302-8109 R/MD 6.375 12/01/2001 <br />200,000 OREGON ST-ST BD HIGHER ED G/O <br />REF SER E BOOK ENTRY <br />DTD 8/1/97 F/C 2M/88 <br />R/MD 5.00 08/01/2010 <br />10,000 OREGON ST VETS WELFARE <br />SER LXIV DTD 10/1/80-INTCH <br />R/MD 8.25 04/'01/2006 <br />~ <br />Please review the information carefully. If the transaction is correct, no further action is <br />necessary. If you have any questions regarding this transaction, please contact your Branch <br />Manager promptly by phone. <br />Very truly yours, <br />.,~• • <br />Richard L. Ecklund <br />First Vice President <br />Control Division <br />SALOMON SMITH BARNEY INC. <br />333 WEST 34TH STREET <br />