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NYSE to Commence Delisting Proceedings with Respect to Certain Bonds of the State of California

The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the four securities enumerated below (“Securities”) of the State of California (the “Issuer”) from the Exchange. NYSE Regulation reached its decision to delist these Securities pursuant to Section 802.01B Criteria for Bonds of the NYSE’s Listed Company Manual because each of the Securities has a market value or principal amount of less than $1,000,000. Trading on the NYSE in the four Securities will be suspended immediately.

Symbol

CUSIP

Registered Security Name

CAST 24F

13062TGQ1

Various Purpose General Obligation Refunding Bonds, 5.625% Term Bonds due September 1, 2024

CAST 26A

13062TU44

General Obligation Bonds, 5.625% Term Bonds due May 1,2026

CAST 26D

130628X88

General Obligation Refunding Bonds, 4.25% Term Bonds due October 1, 2026

CAST 28C

13063DJ74

General Obligation Refunding Bonds, 4.50% Term Bonds due October 1, 2028

The Issuer has a right to a review of this determination by a Committee of the Board of Directors of the Exchange.

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