NOTICE OF PUBLIC MEETING OF THE

PRESCOTT UNIFIED SCHOOL DISTRICT NO. 1

EMPLOYEE BENEFIT TRUST BOARD

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, May 12, 2005, beginning at 3:30 p.m. at the District Office Board Room, 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.         A.G. Edwards Investments

                    5.         Caremark Update

                    6.         Health Risk Assessments

                    7.         Contribution Rates

                    8.         Appeals

                    9.         Set Next Meeting Date and Adjournment

Dated this 9th day of May 2005.

GOVERNING BOARD

PRESCOTT UNIFIED SCHOOL DISTRICT NO. 1

BY:  Andrea J. Mayer, Assistant to the Governing Board