FINANCE AUTHORITY OF MAINE
NOTICE OF INTENT TO ISSUE
REVENUE OBLIGATION SECURITIES

Notice is hereby given that the Finance Authority of Maine (FAME) intends to issue Revenue Obligation Securities (the “Securities”) pursuant to the Finance Authority of Maine Act (Chapter 110 of Title 10 of the Maine Revised Statutes, as amended) and has issued its Certificate of Approval for the Project to be financed with proceeds of the Securities. Set forth below is a summary of the Certificate including a description of the purpose for which the Securities will be issued, a statement of the maximum principal amount of the Securities and the time within which any proceeding to set aside certain actions of FAME with respect to the Project, plan of finance or the Securities or otherwise obtain relief on grounds of invalidity of such action must be commenced.

PROJECT USER: Bowdoin College (the “College”)

PROJECT LOCATION: 5600 College Station, Brunswick, ME (the “Campus”)

PURPOSE OF PROJECT: The College intends to use the proceeds of the Securities to (A) refinance existing projects on the Campus including construction and equipping of the hockey arena, Adams Hall, the fitness center, and other building renovations and equipment, and (B) finance new projects on the Campus including but not limited to (i) Sills Hall renovation; (ii) John B. Russwurm House renovation; (iii) sophomore house renovations including Burnett House, Helmreich House, Howell House, MacMillan House, and Reed House; (iv) network infrastructure upgrades; and (v) the Observatory restoration and classroom construction.

MAXIMUM AMOUNT OF REVENUE OBLIGATION SECURITIES TO BE ISSUED BY FAME TO PROVIDE FINANCING FOR THE PROJECT: $50,000,000

Any action or proceeding in any court to contest the issuance of the Securities, to set aside the Certificate of Approval for the Project or to obtain relief upon the grounds that the Certificate of Approval was improperly issued, was issued for unauthorized purposes or is otherwise invalid for any reason, must be started within 30 days after the date of publication of this Notice.  After the expiration of such a 30-day period of limitation, no right of action or defense founded upon the invalidity of the approval; or contesting any provision or the issuance of the Certificate of Approval or the issuance of the Securities may be started or asserted nor shall the Certificate of Approval or the issuance of Securities be open to question in any court upon any grounds.

This Notice published pursuant to 10 M.R.S.A. Section 1044(1).

Finance Authority of Maine
5 Community Drive
P.O. Box 949
Augusta, ME 04332-0949
(207) 623-3263

Contact Person: Christopher H. Roney, General Counsel