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You have requested to enter the Investor Disclosure section of the Indiana University website ("Section"). The purpose of this Section is to provide current and potential bondholders, noteholders, investors, and others with general information about Indiana University ("University"), its financial health and related information. All data provided in this Section and elsewhere in the University's website are for informational purposes only, are not intended for trading purposes and do not purport to provide a comprehensive repository of every item which may be of interest with respect to any, or all, of the University's debt. Data contained in reports that are accessible within this Section communicate information as of the posting date listed on such reports.

Information in this Section is not an offer to sell securities or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

The information on the University's website has been provided for the user's convenience without any representation or warranty of accuracy or completeness when posted. The University will use its best efforts to update information as appropriate, but makes no obligation as such. Historical information is contained on the website and this information reflects the financial condition as of its date, which may be prior to its posting date. The information and expressions of opinion therein are subject to change without notice and the posting of information on the website does not imply that there has been no change in the University affairs since the posting of such information. Maintenance of any information on the website is not intended as a republication of such information on any date subsequent to the date on which such information was originally published.

The University's website and documents referenced within this Section contain statements that, to the extent they are not recitations of historical fact, may constitute "forward looking statements" based on current expectations, estimates, forecasts and projections about and assumptions made by the University. These forward-looking statements may be identified by the use of forward-looking terms such as "may," "will," "expects," "believes," "anticipates," "plans," "estimates," "projects," "targets," "forecasts," and "seeks" or the negatives of such terms or other variations on such terms or comparable terminology. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that could cause actual outcomes and results to differ materially. These risks and uncertainties include demographic changes, demand for higher education services and other services of the University, competition with other higher education institutions and general domestic economic conditions including economic conditions of the State of Indiana. The University disclaims any intention or obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise.

The Office of the Treasurer maintains the Investor Disclosure Section of the University's website. However, this Section includes hyperlinks to other parts of the University's website and to websites maintained or controlled by others. The Office of the Treasurer is not responsible for and does not routinely screen, approve, review or endorse the contents of these websites or Section.

You acknowledge and agree that the University is not responsible for the availability of such sites or this Section, and does not endorse and is not responsible or liable for any content, advertising, products, services, forward-looking statements (as defined above) or other materials on or available from external sites or resources, including without limitation information in the nature of third party financial research, analytical tools or execution services. You further acknowledge and agree that the University is not responsible or liable, directly or indirectly, for any damage or loss caused by or in connection with use of or reliance on any such content, available on or through any such site or resource.

All users of the Investor Disclosure portion of the University's website remain subject to the general Terms of Use of this website.

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