INDEX ANNOUNCEMENT. December Rebalancing Results for S&P National AMT-Free Municipal Bond Index Announced by S&P Dow Jones Indices

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1 INDEX ANNOUNCEMENT December Rebalancing Results for S&P National AMT-Free Municipal Bond Index Announced by S&P Dow Jones Indices New York, NY, November 25, 2016 S&P Dow Jones Indices announced today the results of the monthly rebalancing of the S&P National AMT-Free Municipal Bond Index for December Changes to the index will become effective after the close of business on November 30, ABOUT S&P DOW JONES INDICES S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500 and the Dow Jones Industrial Average. More assets are invested in products based on our indices than based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines the way investors measure and trade the markets. S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit For more information: Brian Luke Director, Fixed Income S&P Dow Jones Indices Craig Braswell Vice President & Chairman of the Index Committee S&P Dow Jones Indices S&P Global

2 ADDITIONS Coupon MaturityDate DatedDate HoldingDescription State Reason Los Angeles Community College District CA Bond Qualifies San Diego California Public Facilities Financing Authority CA Bond Qualifies Bexar County Texas TX New Issue Bexar County Texas TX New Issue Richmond Virginia VA New Issue Richmond Virginia VA New Issue Salt River Project Agricultural Improvement And Power District AZ New Issue Salt River Project Agricultural Improvement And Power District AZ New Issue Los Angeles County Metropolitan Transportation Authority CA New Issue New York Convention Center Development Corporation CY New Issue New York Convention Center Development Corporation CY New Issue Grand River Dam Authority OK New Issue Grand River Dam Authority OK New Issue Ohio Higher Educational Facility Commission OH New Issue Maryland Department Of Transportation MD New Issue Michigan Finance Authority MI New Issue New Jersey State Transportation Trust Fund Authority NJ New Issue New Jersey State Transportation Trust Fund Authority NJ New Issue New Jersey State Transportation Trust Fund Authority NJ New Issue Richmond Virginia VA New Issue New York Convention Center Development Corporation CY New Issue New York Convention Center Development Corporation CY New Issue New York Convention Center Development Corporation CY New Issue North Texas Municipal Water District TX New Issue Grand River Dam Authority OK New Issue Grand River Dam Authority OK New Issue Massachusetts Development Finance Agency MA New Issue New Jersey State Transportation Trust Fund Authority NJ New Issue Raleigh North Carolina NC New Issue Port Authority of New York and New Jersey, New York NY New Issue Chicago O'Hare International Airport IL New Issue Chicago O'Hare International Airport IL New Issue Chicago O'Hare International Airport IL New Issue Chicago O'Hare International Airport IL New Issue Napa Valley California Unified School District CA New Issue The Commonwealth of Massachusetts MA New Issue Richmond Virginia VA New Issue Richmond Virginia VA New Issue City and County of Denver CO New Issue Salt River Project Agricultural Improvement And Power District AZ New Issue Salt River Project Agricultural Improvement And Power District AZ New Issue North Texas Municipal Water District TX New Issue Ohio Higher Educational Facility Commission OH New Issue Board of Regents of The University of Texas System TX New Issue Maryland Department Of Transportation MD New Issue Maryland Department Of Transportation MD New Issue Michigan Finance Authority MI New Issue New Jersey State Transportation Trust Fund Authority NJ New Issue New Jersey State Transportation Trust Fund Authority NJ New Issue Dormitory Authority of the State of New York NY New Issue Chicago O'Hare International Airport IL New Issue Columbia South Carolina SC New Issue Richmond Virginia VA New Issue Sacramento Area Flood Control Agency, California CA New Issue Salt River Project Agricultural Improvement And Power District AZ New Issue Salt River Project Agricultural Improvement And Power District AZ New Issue Salt River Project Agricultural Improvement And Power District AZ New Issue Salt River Project Agricultural Improvement And Power District AZ New Issue Massachusetts Development Finance Agency MA New Issue Massachusetts Development Finance Agency MA New Issue New York Convention Center Development Corporation CY New Issue Grand River Dam Authority OK New Issue Grand River Dam Authority OK New Issue Virginia Commonwealth Transportation Board VA New Issue Virginia Commonwealth Transportation Board VA New Issue Maryland Department Of Transportation MD New Issue Maryland Department Of Transportation MD New Issue Maryland Department Of Transportation MD New Issue Michigan Finance Authority MI New Issue New Jersey State Transportation Trust Fund Authority NJ New Issue New Jersey State Transportation Trust Fund Authority NJ New Issue Chicago O'Hare International Airport IL New Issue Chicago O'Hare International Airport IL New Issue Chicago O'Hare International Airport IL New Issue Chesapeake Bay Bridge-Tunnel District Virginia VA New Issue Sacramento Area Flood Control Agency, California CA New Issue Sacramento Area Flood Control Agency, California CA New Issue Alabama State Federal Aid Highway Finance Authority AL New Issue Richmond Virginia VA New Issue Salt River Project Agricultural Improvement And Power District AZ New Issue Salt River Project Agricultural Improvement And Power District AZ New Issue Salt River Project Agricultural Improvement And Power District AZ New Issue New York Convention Center Development Corporation CY New Issue New York Convention Center Development Corporation CY New Issue New York Convention Center Development Corporation CY New Issue

3 New York Convention Center Development Corporation CY New Issue New York Convention Center Development Corporation CY New Issue New York Convention Center Development Corporation CY New Issue New York Convention Center Development Corporation CY New Issue Grand River Dam Authority OK New Issue Board of Regents of The University of Texas System TX New Issue Maryland Department Of Transportation MD New Issue Maryland Department Of Transportation MD New Issue Maryland Department Of Transportation MD New Issue New Jersey State Transportation Trust Fund Authority NJ New Issue New Jersey State Transportation Trust Fund Authority NJ New Issue Regional Transportation District CO New Issue Dormitory Authority of the State of New York NY New Issue Port Authority of New York and New Jersey, New York NY New Issue Chicago O'Hare International Airport IL New Issue Chicago O'Hare International Airport IL New Issue Clark County School District, Nevada NV New Issue Clark County School District, Nevada NV New Issue Grand River Dam Authority OK New Issue Maryland Department Of Transportation MD New Issue Maryland Department Of Transportation MD New Issue Massachusetts Development Finance Agency MA New Issue New Jersey State Transportation Trust Fund Authority NJ New Issue New Jersey State Transportation Trust Fund Authority NJ New Issue New Jersey State Transportation Trust Fund Authority NJ New Issue Chicago O'Hare International Airport IL New Issue Chesapeake Bay Bridge-Tunnel District Virginia VA New Issue Alabama State Federal Aid Highway Finance Authority AL New Issue Clark County School District, Nevada NV New Issue Clark County School District, Nevada NV New Issue City and County of Denver CO New Issue Salt River Project Agricultural Improvement And Power District AZ New Issue Salt River Project Agricultural Improvement And Power District AZ New Issue Los Angeles County Metropolitan Transportation Authority CA New Issue Shreveport Louisiana LA New Issue New York Convention Center Development Corporation CY New Issue New York Convention Center Development Corporation CY New Issue New York Convention Center Development Corporation CY New Issue El Paso County Texas Community College District TX New Issue Board of Regents of The University of Texas System TX New Issue Board of Regents of The University of Texas System TX New Issue Maryland Department Of Transportation MD New Issue Maryland Department Of Transportation MD New Issue New Jersey State Transportation Trust Fund Authority NJ New Issue New Jersey State Transportation Trust Fund Authority NJ New Issue New Jersey State Transportation Trust Fund Authority NJ New Issue New Jersey State Transportation Trust Fund Authority NJ New Issue Regional Transportation District CO New Issue Port Authority of New York and New Jersey, New York NY New Issue Virginia Resource Authority VA New Issue Chicago O'Hare International Airport IL New Issue Chicago O'Hare International Airport IL New Issue Chesapeake Bay Bridge-Tunnel District Virginia VA New Issue Clark County School District, Nevada NV New Issue Richmond Virginia VA New Issue City and County of Denver CO New Issue City and County of Denver CO New Issue Los Angeles County Metropolitan Transportation Authority CA New Issue Los Angeles County Metropolitan Transportation Authority CA New Issue Los Angeles County Metropolitan Transportation Authority CA New Issue New York Convention Center Development Corporation CY New Issue Denver Convention Center Hotel Authority CO New Issue Grand River Dam Authority OK New Issue Grand River Dam Authority OK New Issue Grand River Dam Authority OK New Issue Maryland Department Of Transportation MD New Issue New Jersey State Transportation Trust Fund Authority NJ New Issue New Jersey State Transportation Trust Fund Authority NJ New Issue Chicago O'Hare International Airport IL New Issue Chicago O'Hare International Airport IL New Issue Chicago O'Hare International Airport IL New Issue Chicago O'Hare International Airport IL New Issue Chesapeake Bay Bridge-Tunnel District Virginia VA New Issue Homewood Alabama AL New Issue City and County of Denver CO New Issue Salt River Project Agricultural Improvement And Power District AZ New Issue Los Angeles County Metropolitan Transportation Authority CA New Issue New York Convention Center Development Corporation CY New Issue New York Convention Center Development Corporation CY New Issue New York Convention Center Development Corporation CY New Issue DELETIONS Coupon MaturityDate DatedDate HoldingDescription State Reason Long Island Power Authority NY Bond is being called within 30 days State of Connecticut CT Bond is being called within 30 days State of Connecticut CT Bond is being called within 30 days

4 Denver International Airport CO Bond is being called within 30 days Denver International Airport CO Bond is being called within 30 days Indiana Finance Authority IN Bond is being called within 30 days Indiana Finance Authority IN Bond is being called within 30 days Indiana Finance Authority IN Bond is being called within 30 days Jackson County, Missouri MO Bond is being called within 30 days Long Island Power Authority NY Bond is being called within 30 days Pennsylvania's State Public School Building Authority PA Bond is being called within 30 days Pennsylvania's State Public School Building Authority PA Bond is being called within 30 days Pennsylvania's State Public School Building Authority PA Bond is being called within 30 days Hamilton County Ohio OH Bond is being called within 30 days State of California CA Bond is being called within 30 days State of California CA Bond is being called within 30 days State of Connecticut CT Bond is being called within 30 days Denver International Airport CO Bond is being called within 30 days Greenville County Schools SC Bond is being called within 30 days Indiana Finance Authority IN Bond is being called within 30 days Jackson County, Missouri MO Bond is being called within 30 days Long Island Power Authority NY Bond is being called within 30 days The Pennsylvania Turnpike Commission, Inc. PA Bond is being called within 30 days Utility Debt Securitization Authority NY Bond is being called within 30 days Dallas Area Rapid Transit TX Bond is being called within 30 days State of California CA Bond is being called within 30 days State of Connecticut CT Bond is being called within 30 days Greenville County Schools SC Bond is being called within 30 days Greenville County Schools SC Bond is being called within 30 days Jackson County, Missouri MO Bond is being called within 30 days Long Island Power Authority NY Bond is being called within 30 days SCAGO Educational Facilities Corporation for Chesterfield School District SC Bond is being called within 30 days Dallas Area Rapid Transit TX Bond is being called within 30 days Dallas Area Rapid Transit TX Bond is being called within 30 days Icahn School of Medicine at Mount Sinai NY Bond is being called within 30 days Icahn School of Medicine at Mount Sinai NY Bond is being called within 30 days Hillsborough County, Florida FL Bond is being called within 30 days Indiana Finance Authority IN Bond is being called within 30 days Jackson County, Missouri MO Bond is being called within 30 days Dormitory Authority of the State of New York NY Bond is being called within 30 days Hamilton County Ohio OH Bond is being called within 30 days Dallas Area Rapid Transit TX Bond is being called within 30 days State of California CA Bond is being called within 30 days Greenville County Schools SC Bond is being called within 30 days Dormitory Authority of the State of New York NY Bond is being called within 30 days Dormitory Authority of the State of New York NY Bond is being called within 30 days Pennsylvania's State Public School Building Authority PA Bond is being called within 30 days Pennsylvania's State Public School Building Authority PA Bond is being called within 30 days Chicago Transit Authority IL Bond is being called within 30 days Chicago Transit Authority IL Bond is being called within 30 days The New York City Municipal Water Finance Authority CY Bond is being called within 30 days State of California CA Bond is being called within 30 days Chicago Transit Authority IL Bond is being called within 30 days Greenville County Schools SC Bond is being called within 30 days Indiana Finance Authority IN Bond is being called within 30 days Long Island Power Authority NY Bond is being called within 30 days Dormitory Authority of the State of New York NY Bond is being called within 30 days Dormitory Authority of the State of New York NY Bond is being called within 30 days Pennsylvania's State Public School Building Authority PA Bond is being called within 30 days Chicago Transit Authority IL Bond is being called within 30 days Pennsylvania's State Public School Building Authority PA Bond is being called within 30 days State of California CA Bond is being called within 30 days State of California CA Bond is being called within 30 days Greenville County Schools SC Bond is being called within 30 days Greenville County Schools SC Bond is being called within 30 days State Of Illinois IL Bond is being called within 30 days Dormitory Authority of the State of New York NY Bond is being called within 30 days Pennsylvania's State Public School Building Authority PA Bond is being called within 30 days The New York City Municipal Water Finance Authority CY Bond is being called within 30 days State of California CA Bond is being called within 30 days State of California CA Bond is being called within 30 days Denver International Airport CO Bond is being called within 30 days Indiana Finance Authority IN Bond is being called within 30 days Indiana Finance Authority IN Bond is being called within 30 days Pennsylvania's State Public School Building Authority PA Bond is being called within 30 days SCAGO Educational Facilities Corporation for Chesterfield School District SC Bond is being called within 30 days Cincinnati City School District, Ohio OH Bond is being called within 30 days State of Connecticut CT Bond is being called within 30 days State Of Illinois IL Bond is being called within 30 days NJB Properties, WA WA Bond is being called within 30 days State of California CA Bond is being called within 30 days University of South Alabama AL Bond is being called within 30 days State of California CA Bond is being called within 30 days State of California CA Bond is being called within 30 days Metropolitan Water Reclamation District of Greater Chicago IL Bond is being called within 30 days State of Connecticut CT Bond is being called within 30 days State of California CA Bond is being called within 30 days State of California CA Bond is being called within 30 days Charleston Educational Excellence Financing Corporation SC Bond is being called within 30 days Metropolitan Water Reclamation District of Greater Chicago IL Bond is being called within 30 days

5 New Mexico Finance Authority NM Bond is being called within 30 days Columbus City School District OH Bond is being called within 30 days State of Connecticut CT Bond is being called within 30 days The Pennsylvania Turnpike Commission, Inc. PA Bond is maturing within 30 days State of California CA Bond is maturing within 30 days The Commonwealth of Massachusetts MA Bond is maturing within 30 days State Of Illinois IL Bond is maturing within 30 days State of Connecticut CT Bond is maturing within 30 days New Jersey State Transportation Trust Fund Authority NJ Bond is maturing within 30 days State of California CA Bond is maturing within 30 days California Department of Water Resources CA Bond is maturing within 30 days New Jersey State Transportation Trust Fund Authority NJ Bond is maturing within 30 days South Carolina Public Service Authority SC Bond is maturing within 30 days The Illinois State Toll Highway Authority IL Bond is maturing within 30 days The New York State Urban Development Corporation NY Bond is maturing within 30 days Municipality Of Anchorage, Alaska AK Bond is maturing within 30 days State of Connecticut CT Bond is maturing within 30 days Greenville County Schools SC Bond is maturing within 30 days New Jersey State Transportation Trust Fund Authority NJ Bond is maturing within 30 days State of Nevada NV Bond is maturing within 30 days Port Authority of New York and New Jersey, New York NY Bond is maturing within 30 days New Jersey Economic Development Authority NJ Bond is maturing within 30 days Colorado Department of Transportation CO Bond is maturing within 30 days The New York State Urban Development Corporation NY Bond is maturing within 30 days City of Memphis TN Bond is maturing within 30 days The Commonwealth of Massachusetts MA Bond is maturing within 30 days New Jersey State Transportation Trust Fund Authority NJ Bond is maturing within 30 days State of Connecticut CT Bond is maturing within 30 days New Jersey Economic Development Authority NJ Bond is maturing within 30 days Boston Water and Sewer Commission MA Minimum par amount below 25 Million Sacramento City Financing Authority CA Minimum par amount below 25 Million

INDEX ANNOUNCEMENT. July Rebalancing Results for S&P National AMT-Free Municipal Bond Index Announced by S&P Dow Jones Indices

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