Pursuant to A.R.S. 38-431.02, notice is hereby given to the members of the Prescott Unified School

District No. 1 and to the general public that the Prescott Unified School District Employee Benefit Trust Board will hold a meeting open to the public on Thursday, March 9, 2006, beginning at 3:30 p.m. at the District Office, Conference Room A, 146 South Granite Street, Prescott, Arizona.

The agenda for the meeting will be as follows:

1. Call Meeting to Order

2. Approve Minutes from Previous Meeting

3. Financial Report

4. Presentation from Representative of County Treasurer’s Office

5. Presentation from Representative of A.G. Edwards

6. Discussion of How EBT Funds Should Be Invested

7. Vote on Where to Invest Funds

8. Discussion and Vote on Funding Policy

9. Next Year’s Contribution Rate

10. Caremark Annual Report

11. Appeals

12. Set Next Meeting Date and Adjournment

Dated this 23rd day of February 2006.

GOVERNING BOARD

PRESCOTT UNIFIED SCHOOL DISTRICT NO. 1

BY: Andrea J. Mayer