The text of the Trustee's Notice of Redemption is reprinted below:

Notice of Full Redemption to the Holders of
Community Development Administration
Department of Housing and Community Development
State of Maryland
Infrastructure Financing Bonds
(AMBAC Insured)
1989 Series A
Dated January 1, 1989

NOTICE IS HEREBY GIVEN that pursuant to the applicable provisions of the governing documents, under which the above described bonds (the "Bonds") were issued, The First National Bank of Maryland, as Trustee, hereby calls for redemption on June 1, 1999 ("Redemption Date") the entire outstanding principal amount of the Bonds at a redemption price equal to 102% of the principal amount thereof plus accrued interest to the Redemption Date. On and after the Redemption Date interest on the Bonds called for redemption shall cease to accrue.

The CUSIP numbers, interest rates and maturity dates are as follows:

* CUSIP NO. 57419H RATE MATURITY DATE
LK1 6.90% 6/1/2000
LN5 7.00% 6/1/2001
LR6 7.05% 6/1/2002
LU9 7.10% 6/1/2003
LV7 7.15% 6/1/2004
KM8 7.25% 6/1/2009
KN6 7.30% 6/1/2019

Pursuant to the Letter to DTC, DTC shall, in the case of final maturity, present the certificates to the Agent prior to payment.

*No representation is made to the correctness of the CUSIP number either as printed on the Bonds or as contained in any notice of redemption and reliance may be placed only on the identification numbers established under the Series Resolution.
Called Bonds should be presented for payment as follows:

The First National Bank of Maryland
Corporate Trust Operations, m/c 109-754
110 S. Paca Street, 7th Floor
Baltimore, MD 21201

By: The First National Bank of Maryland,
Successor Trustee
A Division of FMB Bank, A Maryland State Chartered Commercial Bank
(410) 545-2135

Dated: April 30, 1999

NOTICE

WITHHOLDING OF 31% OF GROSS REDEMPTION PROCEEDS OF ANY PAYMENT MADE WITHIN THE UNITED STATES MAY BE REQUIRED BY THE INTEREST AND DIVIDEND TAX COMPLIANCE ACT OF 1983 UNLESS THE PAYING AGENT HAS THE CORRECT TAXPAYER IDENTIFICATION NUMBER (SOCIAL SECURITY NUMBER OR EMPLOYER IDENTIFICATION NUMBER) OR EXEMPTION CERTIFICATE OF THE PAYEE. PLEASE FURNISH A PROPERLY COMPLETED FORM W-9 OR EXEMPTION CERTIFICATE

Questions concerning specific Bonds should be directed to the Trustee for the Bonds, Allfirst Bank. Contact Pamela Hazelip at 410-545-2066.

General questions concerning DHCD or CDA may be directed to Anne P. Konrad, Director, Finance, at 410-514-7326 or [email protected].

Information is also available through designated Nationally Recognized Municipal Securities Information Repositories.

This information was initially posted to the website on May 5, 1999.