FLORIDA COLLEGE INVESTMENT PLAN ACCOUNT OWNERS CAN CHANGE INVESTMENT OPTIONS TWICE A YEAR IN 2009

A new ruling from the U.S. Treasury Department and Internal Revenue Service allows you, as an account owner in the Florida College Investment Plan*, to change your investment options twice a year during calendar year 2009.

The ruling applies to tax-advantaged 529 college savings plans such as the Florida College Investment Plan. Prior to 2009, the U.S. Treasury Department and Internal Revenue Service only allowed account owners to change their investment choices once a year.

The change is effective immediately. The College Savings Plan Network, an affiliate of the National Association of State Treasurers, is working to make the ruling permanent beyond 2009.

Your options as a Florida College Investment Plan account owner now include:

• Leaving your choice of one or more of the Plan's five Investment Options unchanged.
• Re-allocating your account balance among different Investment Options up to twice a year during the 2009 calendar year. To do so, you will need to complete an Allocation Transfer Form, which is available online at: http://www.myfloridaprepaid.com/assets/PDFs/Forms/IPforms/Allocation%20Transfer.pdf
• Making new contributions to the College Investment Plan, which may be distributed however you choose among the five Investment Options.

The five Investment Options available under the Florida College Investment Plan have different levels of risk. You can pick one or more Investment Options with the level of risk that is comfortable to you. For more information on the Investment Options, go to http://www.myfloridaprepaid.com/Plans/Savings/Options.asp

If you have additional questions, please call 1-800-552-GRAD (4723).