Investment Strategies - Third Quarter 2013

Deposit Insurance Fund

Strategy for the 3^rd Quarter 2013

Purchase up to $12 billion (par value) of Treasury securities with maturity dates between December 31, 2013, and June 30, 2018, subject to the following additional provisions: all newly purchased securities will be designated as available-for-sale (AFS); and no more than $3 billion (adjusted par value) of such securities shall consist of Treasury Inflation-Protected Securities (TIPS).

Strategy Changes for 4^th Quarter 2013

Purchase up to $14 billion (par value) of Treasury securities with maturity dates between March 31, 2014, and December 31, 2018, subject to the following additional provisions: all newly purchased securities will be designated as available-for-sale (AFS); and no more than $3 billion (adjusted par value) of such securities shall consist of Treasury Inflation-Protected Securities (TIPS).

National Liquidation Fund

Strategy for 3^rd Quarter 2013

Maintain an overnight deposit target floor balance within a range of $100 million to $300 million.

Strategically invest the remaining funds in the zero- to 12-month maturity sector.

Strategy Changes for 4^th Quarter 2013

No strategy changes for the third quarter of 2013.