The Bond Buyer Launches Online Texas Extra Edition

-Featuring intensive Texas coverage and free subscription offer -

New York, NY – February 13, 2006 – The Bond Buyer, the nation’s only daily newspaper serving the municipal bond industry, has launched The Bond Buyer Texas Extra, an online publication covering local issues and newsmakers in Texas.

“The municipal bond market in Texas is so active that it deserves intensive coverage,” said Michael Stanton, publisher for The Bond Buyer. “The Bond Buyer Texas Extra will better serve Texas’ fastest-growing cities, counties and school districts with focused, trustworthy news.”

In addition to top Texas stories, The Bond Buyer Texas Extra includes the following features:

· Texas Bulletin, posted links of bond-related coverage from local Texas newspapers

· Resource Center, interactive content covering the latest public finance developments

· Visible Supply for Texas, tallied new issues scheduled to be sold every seven days

· Digest of Recent Sales, results of selected new-issue sales

· National Update E-newsletter, national regulatory and market news

The Bond Buyer Texas Extra offers an initial free two-week trial subscription that can be registered for at http://texas.bondbuyer.com. A limited number of free subscriptions will be provided for media professionals that would benefit from the online accessibility and daily coverage of the municipal bond market.