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University Finance and Administration

Municipal Financial Advisor Disclosure

Municipal Financial Advisor Disclosure

Rutgers, the State University of New Jersey (the “University”) has retained an independent registered municipal advisor.   The University is represented by and will rely on its municipal advisor, Prager & Co., LLC (“Prager”) with respect to all aspects of the issuance of municipal bonds including municipal financial products (as such terms are defined in the SEC’s Rule 15Ba1-1).

By publicly posting this written disclosure, the University intends that market participants may rely on this posting for purposes of establishing the independent registered municipal advisor (IRMA) exemption to the SEC Municipal Advisor Rule.

Prager has represented to the University that it is an independent registered municipal advisor within the meaning of the SEC Municipal Advisor Rule. Please contact the University or Prager for a current list of Prager employees working with the University.

Contact information is as follows:

Rutgers, the State University of New Jersey Prager & Co., LLC

Jeff Manalo

University Treasury

33 Knightsbridge Road, 2/F West

Piscataway, NJ 08854

Phone: (848) 445-1159

jmanalo@finance.rutgers.edu

TJ Sheehy

60 East 42nd Street

Suite 2420

New York, NY 10165

Phone: (646) 871-3456

tj.sheehy@prager.com