Florida College Investment Plan

Performance

The following table summarizes the investment return for each of the Investment Options, net of administrative fees, offered under the Florida College Investment Plan. The administrative fee is 3/4 of 1 percent (0.0075) of the Account Balance. For information about your account visit www.myfloridaprepaid.com, Florida College Investment Plan, "Access My Account" or call 1-800-552-GRAD (4723).

Investment Options	Investment Returns*
	2009 First Quarter (1/1-3/31)	2009 Second Quarter (4/1-6/30)	2009 Third Quarter (7/1-9/30)
Fixed Income Investment Option	0.86%	1.97%	3.83%
U.S. Equity Investment Options	-11.14%	16.30%	15.19%
Balanced Investment Option	-4.37%	9.28%	9.44%

Age Based/Years to Enrollment Investment Options:
Age 0 – 4 / 14 or More Years to Enrollment	-11.14%	16.30%	15.20%
Age 5 – 8 / 10 – 13 Years to Enrollment	-7.58%	13.03%	12.27%
Age 9 – 12 / 6 – 9 Years to Enrollment	-4.39%	9.28%	9.45%
Age 13 – 15 / 3 – 5 Years to Enrollment	-1.58%	5.67%	6.66%
Age 16 & Above / 0 – 2 Years to Enrollment	0.86%	1.97%	3.83%

Money Market Investment Option	-0.12%	0.14%	-0.06%

Investment Options	Average Annual Returns*
	1 year return (for period ending 12/31/08)	3 year return (for period ending 12/31/08)	5 year return (for period ending 12/31/08)
Fixed Income Investment Option	4.66%	5.01%	4.12%
U.S. Equity Investment Options	-33.21%	-7.78%	-2.67%
Balanced Investment Option	-15.38%	-1.10%	0.98%

Age Based/Years to Enrollment Investment Options:
Age 0 – 4 / 14 or More Years to Enrollment	-33.20%	-7.78%	-2.67%
Age 5 – 8 / 10 – 13 Years to Enrollment	-24.64%	-4.43%	-0.81%
Age 9 – 12 / 6 – 9 Years to Enrollment	-15.49%	-1.14%	0.95%
Age 13 – 15 / 3 – 5 Years to Enrollment	-5.84%	1.93%	2.55%
Age 16 & Above / 0 – 2 Years to Enrollment	4.66%	5.01%	4.12%

Money Market Investment Option	3.02%	4.11%	3.11%

* The investment returns for the Investment Options are provided as general information only and are not intended to provide investment or other advice. Past performance is no guarantee of future performance.

The investment return shown for each Investment Option reflects the composite returns for the institutional portfolios comprising the investment options available to participants in the Florida College Investment Plan.

Please see the Disclosure Statement for the Florida College Invesment Plan dated April 1, 2009.

The assets of the Florida College Invesment Plan are invested by Deutsche Investment Management Americas, Northern Trust Investments, Fiduciary Management, StableRiver Capital Management, Columbia Management, and SBA-QMA in accordance with the guidelines contained in the Comprehensive Investment Policy for the Florida College Investment Plan.

Investment returns shown in the table above were calculated by Callan Associates Inc., the Board's investment consultant, by computing the percentage change in the trust unit value of each Investment Option. The unit values were provided to Callan for computing the investment returns. The investment periods covered for the Investment Options are from January 1, 2004 through September 30, 2009.

Under no circumstances is the information contained herein to be used or considered as an offer to sell or a solicitation of an offer to buy a particular investment.