APPLICABLE FEDERAL RATES - JUNE 2008

May 2008 Applicable Federal Rates Summary:

SHORT TERM AFR - Semi-annual Compounding - 2.07% (1.63%/May -- 1.84%/April -- 2.24%/March -- 3.09%/February )

MID TERM AFR - Semi-annual Compounding - 3.20% (2.72%/May -- 2.85% /April -- 2.95%/March -- 3.48%/February)

LONG TERM AFR - Semi-annual Compounding - 4.46% (4.17%/May -- 4.35%/April -- 4.23%/March -- 4.41%/February)

DIRECTION OF RATES: Up