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<div class=Section1>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>Please attached correspondence sent to the
Presidents this afternoon on the potential OCIA debt service shortfall.
We continue to be optimistic that we will receive a supplemental appropriation;
however, these figures are shared with you for planning purposes should we not
be successful.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
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face="Times New Roman"><span style='font-size:12.0pt'>
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<p class=MsoNormal><b><font size=2 face=Tahoma><span style='font-size:10.0pt;
font-family:Tahoma;font-weight:bold'>From:</span></font></b><font size=2
face=Tahoma><span style='font-size:10.0pt;font-family:Tahoma'> Mauck, Sheri <br>
<b><span style='font-weight:bold'>Sent:</span></b> Friday, May 11, 2007 1:18 PM<br>
<b><span style='font-weight:bold'>To:</span></b> Presidents<br>
<b><span style='font-weight:bold'>Cc:</span></b> 'Johnson, Dr. Glen'; Hamlin,
Payton; Paliotta, Amanda<br>
<b><span style='font-weight:bold'>Subject:</span></b> FW: OCIA Debt Service
Shortfall Impact on Institutions of Higher Education for FY07</span></font><o:p></o:p></p>
</div>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>Presidents,<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>A second attachment has been added showing
the potential dollar impact of the debt service for May and June. This
attachment was inadvertently omitted in the first email below.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
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face="Times New Roman"><span style='font-size:12.0pt'>
<hr size=2 width="100%" align=center tabindex=-1>
</span></font></div>
<p class=MsoNormal><b><font size=2 face=Tahoma><span style='font-size:10.0pt;
font-family:Tahoma;font-weight:bold'>From:</span></font></b><font size=2
face=Tahoma><span style='font-size:10.0pt;font-family:Tahoma'> Johnson, Dr.
Glen <br>
<b><span style='font-weight:bold'>Sent:</span></b> Friday, May 11, 2007 11:33
AM<br>
<b><span style='font-weight:bold'>To:</span></b> Presidents<br>
<b><span style='font-weight:bold'>Subject:</span></b> OCIA Debt Service
Shortfall Impact on Institutions of Higher Education for FY07</span></font><o:p></o:p></p>
</div>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'><o:p> </o:p></span></font></p>
<div>
<div>
<p class=MsoNormal align=center style='text-align:center'><st1:place w:st="on"><st1:PlaceName
w:st="on"><st1:PlaceName w:st="on"><b><font size=3 face="Times New Roman"><span
style='font-size:12.0pt;font-weight:bold'>OKLAHOMA</span></u1:PlaceName></font></b></st1:PlaceName><b><span
style='font-weight:bold'> <u1:PlaceType u2:st="on"><st1:PlaceType w:st="on">STATE</st1:PlaceType></span></u1:PlaceType></b></st1:PlaceName></st1:place><b><span
style='font-weight:bold'> REGENTS FOR HIGHER EDUCATION<o:p></o:p></span></b></p>
<p class=MsoNormal align=center style='text-align:center'><font size=3
face="Times New Roman"><span style='font-size:12.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'><o:p> </o:p></span></font></p>
<div style='border:solid windowtext 1.5pt;padding:1.0pt 1.0pt 1.0pt 1.0pt'>
<div style='border:solid windowtext 1.5pt;padding:1.0pt 1.0pt 1.0pt 1.0pt'>
<p class=MsoNormal align=center style='margin-right:355.5pt;text-align:center;
background:#CCCCCC'><b><font size=7 face="Times New Roman"><span
style='font-size:36.0pt;letter-spacing:-3.0pt;font-weight:bold'>Memo</span></font></b><o:p></o:p></p>
</div>
</div>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal style='line-height:150%'><b><font size=3
face="Times New Roman"><span style='font-size:12.0pt;line-height:150%;
font-weight:bold'>To:
<a name=to1></a>Presidents<o:p></o:p></span></font></b></p>
<p class=MsoNormal style='line-height:150%'><b><font size=3
face="Times New Roman"><span style='font-size:12.0pt;line-height:150%;
font-weight:bold'>From: </span></font></b>
<a name=from></a>Chancellor Glen D. Johnson<o:p></o:p></p>
<p class=MsoNormal style='line-height:150%'><b><font size=3
face="Times New Roman"><span style='font-size:12.0pt;line-height:150%;
font-weight:bold'>Date: </span></font></b>
May 11, 2007<o:p></o:p></p>
<p class=MsoNormal style='margin-left:.5in;text-indent:-.5in;line-height:150%'><b><font
size=3 face="Times New Roman"><span style='font-size:12.0pt;line-height:150%;
font-weight:bold'>Subject:</span></font></b>
OCIA Debt Service Shortfall Impact on Institutionsof Higher Education for FY07<o:p></o:p></p>
<div style='border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 1.0pt 0in'>
<div style='border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 1.0pt 0in'>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'><o:p> </o:p></span></font></p>
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<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:5.0pt'><font
size=3 face=Georgia><span style='font-size:12.0pt;font-family:Georgia'>Dear
Presidents, </span></font><o:p></o:p></p>
<p class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:5.0pt'><font
size=3 face="Times New Roman"><span style='font-size:12.0pt'>Attached please
find my signed letter regarding the OCIA Debt Service Shortfall Impact on
Institutions. Please print this official correspondence for your records and
feel free to share it electronically</span></font><font face=Georgia><span
style='font-family:Georgia'> </span></font>or by paper copy with appropriate
persons within your institution<o:p></o:p></p>
<p class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:5.0pt'><font
size=3 face="Times New Roman"><span style='font-size:12.0pt'>Thanks<o:p></o:p></span></font></p>
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