MSRB NOTICE 2004-01a (JANUARY 15, 2004)


Terms Expire September 30, 2004

Patrice DeCorrevont, Institutional Sales Manager, Banc One Capital Markets, Inc., Chicago, IL
Thomas J. Fetter, Vice President/Director of Municipal Investments, Eaton Vance Management, Boston, MA
Kenneth D. Gibbs, Senior Vice President and Director of Public Finance, First Albany Corporation, New York, NY
William J. Jester, Jr., Managing Director, Manager, Municipal Bond Department, UBS PaineWebber Inc., New York, NY
J. Ben Watkins, III, Director, State of Florida, Division of Bond Finance, Tallahassee, FL


Terms Expire September 30, 2005

Janice D. Davis, Secretary of Financial Oversight, Director of Finance, City of Philadelphia, Philadelphia, PA
Thomas G. Doe, President, Municipal Market Advisors/Cutler Investment Corp., Concord, MA
Francis J. Ingrassia, Managing Director, Goldman, Sachs & Co., New York, NY
Steven Milano, Managing Director and Manager Syndicate Desk, Lehman Brothers, New York, NY
Phillip D. Smith, Managing Director, Banc of America Securities LLC, Charlotte, NC


Terms Expire September 30, 2006

Amelia A.J. Bond , Senior Vice President, Director of Public Finance Department, A.G. Edwards & Sons, Inc., St. Louis, MO
Ian A. MacKinnon , Retired as Managing Director of the Fixed Income Group at The Vanguard Group of Investment Companies, Coatesville, PA
Michael Smale , Senior Vice President, ABN AMRO Financial Services Inc., Chicago, IL
Michael J. Wilk , Senior Managing Director, Capital Markets, Comerica Securities, Detroit, MI
Kenneth E. Williams , President and Chief Executive Officer, Stone & Youngberg LLC, San Francisco, CA