Attached hereto is a copy of (i) the Preliminary Official Statement, dated December 1, 2009 (the “Preliminary Official Statement”), and (ii) the Notice of Sale (the “Notice of Sale”), including the Proposal for Notes, all relating to the above-referenced Notes (collectively, the “Offering Documents”). Electronic access to the Offering Documents is being provided to you as a matter of convenience. Printed copies of each of the Offering Documents have been prepared and disseminated by the State of New Jersey (the “State”). A printed copy of each of the Offering Documents may be obtained from the State by contacting the following office:

In the event that there is a discrepancy or inconsistency between the printed copy of the Offering Documents that have been requested from the State and the electronic versions of the Offering Documents that are attached hereto, the printed copy of the Offering Documents shall control. The user of the electronic versions of the Offering Documents that are attached hereto assumes the risk of any such discrepancy or inconsistency.

Under no circumstances shall the Offering Documents constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities by any person in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, qualification or exemption under the securities laws of any such jurisdiction.

By clicking on the hyperlink at the bottom of this page and accessing the Offering Documents that are attached hereto, you will be deemed to have accepted the terms of this Disclaimer and to have consented to the electronic transmission of the Offering Documents.

Access to the electronic versions of the Offering Documents will continue to be provided by the State by means of the hyperlink at the bottom of this page until the sale date of the Notes. The hyperlink at the bottom of this page, a service procured by the State from I-Deal Prospectus, is the sole means by which the State has provided access to the electronic versions of the Offering Documents.

Please call 212-849-5024 if you need assistance accessing the Offering Documents attached hereto.