| SECONDARY MARKET |
| National's secondary market program insures investment grade municipal securities for traders, dealers, institutional investors and portfolio managers. The Company offers credit enhancement for individual bond issues or packages with multiple bond issues. |
| Christopher Chafizadeh Managing Director and Head of Public Finance New Business: 914-765-3447 |
| Ted Galgano Managing Director - Eastern Region: 914-765-3517 |
| Jason Kissane Managing Director - Western Region: 415-352-3052 |
| Dana Villanova Assistant Vice President: 866-685-9090 |