City of Greensboro General Obligation Bonds:
(as of June 30, 2007)

Ratings:

Fitch IBCA, Inc.: AAA
Standard & Poor's Ratings Service: AAA
Moody's Investors Service: Aaa
North Carolina Municipal Council: 92 

City of Greensboro Combined Enterprise System Revenue Bonds:

Ratings:

Fitch IBCA, Inc.: AA+
Standard & Poor's Ratings Service: AAA
Moody's Investors Service: Aa2

The City discloses annual financial and operating information and provides notices of material events on an ongoing basis to nationally recognized municipal securities information repositories (NRMSIRs). This information has been filed by the City at the NRMSIRs before the appropriate deadlines, in accordance with Securities and Exchange Rule 15c-2-12.