BONDS NUMBERED             PRINCIPAL AMOUNT         DATES OF MATURITY
   (Inc1usi~                                -       -

       1-15                   $ 15, 000.00              May 1, 1955
       16-30                     15, 000.00              May 1, 1956
       31-46                     16,000.00               May 1, 1957
       47-62                     16, 000. 00             May 1, 1958
       63-79                     17, 000. 00             May 1, 1959
       80-96                     17, 000.00              May 1, 1960
       97-114                    18,000.00               May 1, 1961
     115-133                    19, 000.00              May 1, 1962
     134-152                    19,000.00               May 1, 1963
     153-172                    z0, 000. 00             May 1, 1964
     173-192                    20, 000.00              May 1, 1965
     193-213                    21,000.00               May 1, 1966
     214-235                    22, 000. 00             May 1, 1967
     236-258                    23, 000. 00             May X, 1968
     259-281                    23, 000.00              May 1, 1969
     282-305                    24, 000. 00             May 1, 1970
     3 06-330                   25, 000. 00             May 1, 1971
     331-356                    26, 000.00              May 1, 1972
     357-383                    27, 000. 00             May 1, 1973
     384-411                    28, 000.00              May 1, 1974
     412-440                    29, 000.00               May 1, 1975
     441-470                    30, 000.00               May I, 1976
     471-501                    31,000.00                May 1, 1977
     502-533                    32, 000. 00             May 1, 1978
     534-566                    33, 000. 00             May 1, 1979
     567-600                    34, 000. 00             May 1, 1980
     601-635                    35, 000.00               May 1, 1981
     636-672                    37, 000.00               May 1, 1982
     673-710                    38,000.00                May 1, 1983


provided, however, that said bonds numbered 63 to 710, inclusive, shall
be redeemable prior to maturity in whole, or from time to time in part,
in the inverse order of their maturity (less than all of a single maturity
to be selected by lot), on any interest payment date on or after May 1,
1958, providing a notice specifying the bonds to be redeemed shall have
been on file at the place of payment of the principal and interest at least
thirty (30) days prior thereto, and provided also that such notice shall
have been published at least once not less than thirty (30) days prior to
the redemption date in a newspaper having general circulation throughout
Kentucky. In the event of redemption prior to stated maturities in ac-
cordance with these provisions the holder of each bond so redeemed shall
be entitled to receive on the specified redemption date the face amount of
the bond, together with interest to the redemption date at the coupon rate
and together with additional interest, per bond, in the sum of Thirty
Dollars ($ 30. 00) if the redemption date is prior to May 1, 1963; Twenty
Dollars ($ 20. 00) if the redemption date is on or after May 1, 1963 but
prior to May 1, 1968; Fifteen Dollars ($ 15. 00) if the redemption date is
on or after May 1, 1968 but prior to May 1, 1973; Ten Dollars ($ 10. 00)
if the redemption date is on or after May 1, 1973 but prior to May 1,
1978; and Five Dollars ($ 5. 00) if the redemption date is on or after May
1, 1978, to final maturity. All bonds called for redemption and for which