The State Board of Administration of Florida (the “SBA”) has solicited competitive responses from persons interested in providing consultant services for an independent compliance program review of investment management, middle/back office support and other programs and processes. The Invitation to Negotiate (the “ITN”) is available as of April 16, 2008 and may be obtained from the SBA’s website at http://www.sbafla.com under “Meetings & Notices”. The SBA reserves the right to reject any and all responses and to cancel the above ITN at any time. The SBA announces the following meeting dates, times and locations with respect to this ITN, and all meetings are open to the public. GENERAL SUBJECT MATTER TO BE CONSIDERED: To discuss the responses received concerning the above ITN and to select finalist respondents for interviews, if necessary, and further consideration. Any changes to the above meeting dates and/or times (including the cancellation of any meeting) will be posted on the SBA’s website at http://www.sbafla.com at least 7 days prior to the meeting.