County of San Joaquin

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CUSIP 798085HX7

• Issue Currency: United States of America Dollars
• Announcement Date: 16-Nov-2017
• News: On November 15, 2017, S&P Global Ratings (""S&P"") increased the rating on the Bonds from A- to A. The significance of such rating action by S&P can be obtained from S&P. For Bond Document please visit www.BondPDF.com

CUSIP 798085HW9

• Issue Currency: United States of America Dollars
• Announcement Date: 16-Nov-2017
• News: On November 15, 2017, S&P Global Ratings (""S&P"") increased the rating on the Bonds from A- to A. The significance of such rating action by S&P can be obtained from S&P. For Bond Document please visit www.BondPDF.com

CUSIP 798085HV1

• Issue Currency: United States of America Dollars
• Announcement Date: 14-Nov-2017
• News: On November 15, 2017, S&P Global Ratings (""S&P"") increased the rating on the Bonds from A- to A. The significance of such rating action by S&P can be obtained from S&P. For Bond Document please visit www.BondPDF.com