1. MLGIP The Maryland Local Government Investment Pool JANUARY 3, 2013

2. MLGIP Investment Portfolio - -Portfolio Profile - -Investment Performance Pool Statistics - -Participation - -Asset Size Miscellaneous Items January 3, 2013 Presentation Overview

3. MLGIP To preserve the capital value of the dollars invested. To provide a readily available source of daily liquidity. To provide a competitive rate of return. MLGIP Investment Objectives Established: June, 1982 2

4. MLGIP 3 Portfolio Profile December 31, 2012 10% First Tier Repurchase Agreements 62% U.S. Government Obligations First Tier Discount Commercial Paper 10% 14% Money Market Mutual Funds Shares Outstanding:$3,380,429,482 Weighted Avg. Maturity: 47 Days Overnight Liquidity: 18%* Net Rate (1 Day) : 0.13% U.S. Treasuries 4%

5. MLGIP MLGIP Versus S&P Rated GIP Index Yield Comparison MLGIP S&P Index (%) 7 Day Yield 4 0.13% 0.10% Average MLGIP Advantage: 2 basis points

6. MLGIP Registered Participants 301 2012 5

7. MLGIP Annual Average Asset Size 2.954 (in $) 6 2012

8. MLGIP Miscellaneous Items Annual Audit by McGladrey LLP S&P’s MLGIP Pool Profile – AAAm Rating 9/24/12 Upgraded Website Sign-In Security 8

9. MLGIP Mary Christine Jackman mcjackman@treasurer.state.md.us 410-260-7129