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      | Operation Announcement | 
    
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      | Operation Date: |  | March 17-19, 2009 | 
    
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      | Settlement Date: |  | March 25, 2009 | 
    
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      | Maturity Date: |  | March 26, 2012 | 
    
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      | Facility Open: |  | March 17, 2009, 10:00 a.m. ET | 
    
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      | Facility Closed: |  | March 19, 2009, 5:00 p.m. ET | 
    
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      | Administrative Fee: |  | 5.00 basis points | 
    
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      | Eligible Collateral: |  | ABS1 | 
    
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      | Term: |  | 3 years | 
    
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      | Rates for March 17-19, 2009 Facility: | 
    
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            | Sector | Subsector | Fixed | Floating |  
            | Auto |  | 2.733 | 1.523 |  
            | Credit Card |  | 2.733 | 1.523 |  
            | Student Loan | Private | NA | 1.523 |  
            | Student Loan | Gov't guaranteed | NA | 1.023 |  
            | Small Business | SBA loans 7(a) loans | NA | 1.000 |  
            | Small Business | SBA loans 504 loans | 2.233 | NA |  | 
    
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      | Amount of TALF loans requested at March 17-19, 2009 Facility: | 
    
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                  | Sector | Amount |  
                  | Auto | $1,902,404,052 |  
                  | Credit Card | $2,804,490,000 |  
                  | Student Loan | - |  
                  | Small Business | - |  
                  | Total | $4,706,894,052 |  |  
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      | 1As defined in the terms & conditions | 
    
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