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ON REVERSE OF BOND <br />All Bonds of this issue maturing in the years 1994 <br />and 1995 are subject to redemption and prepayment at the option <br />of the Issuer on March 1, 1993 and on any Interest Payment Date <br />thereafter at par and accrued interest. Redemption may be in <br />whole or in part of the Bonds subject to prepayment. If <br />redemption is in part, those Bonds remaining unpaid which have <br />the latest maturity date shall be prepaid first; and if only <br />part of the Bonds having a common maturity date are called for <br />prepayment, the specific Bonds to be prepaid shall be chosen by <br />lot by the Bond Registrar. Published notice of redemption <br />shall in each case be given in accordance with law, and mailed <br />notice of redemption shall be given to the paying agent and to <br />the Holders of the Bonds. <br />To effect a partial redemption of Bonds having a <br />common maturity date, the Bond Registrar shall assign to each <br />Bond having a common maturity date a distinctive number for <br />each $5,000 of the principal amount of such Bond. The Bond <br />Registrar shall then select by lot, using such method of <br />selection as it shall deem proper in its discretion, from the <br />numbers assigned to the Bonds, as many numbers as, at $5,000 <br />for each number, shall equal the principal amount of such Bonds <br />to be redeemed. The Bonds to be redeemed shall be the Bonds to <br />which were assigned numbers so selected; provided, however, <br />• that only so much of the principal amount of such Bond of a <br />denomination of more than $5,000 shall be redeemed as shall <br />equal $5,000 for each number assigned to it and so selected. <br />If a Bond is to be redeemed only in part, it shall be <br />surrendered to the Bond Registrar (with, if the Issuer or the <br />Bond Registrar so requires, a written instrument of transfer in <br />form satisfactory to the Issuer and the Bond Registrar duly <br />executed by the Holder thereof or his attorney duly authorized <br />in writing) and the Issuer shall execute (if necessary) and the <br />Bond Registrar shall authenticate and deliver to the Holder of <br />such Bond, without service charge, a new Bond or Bonds of the <br />same series having the same stated maturity and interest rate <br />and of any authorized denomination or denominations, as <br />requested by such Holder, in aggregate lrincipal amount equal <br />to and in exchange for the unredeemed portion of the principal <br />of the Bond so surrendered. <br />9 <br />• <br />