New York, February 09, 2015 -- Moody's Investors Service, at the request of University System of New Hampshire, has reviewed the proposed First Amendment to Standby Bond Purchase Agreement relating to University System of New Hampshire's Series 2005B variable-rate demand bonds. The Amendment, which extends the Stated Expiration Date of the Standby Bond Purchase Agreement and revises definitions of certain defined terms, will not have an adverse effect on the credit quality of the bonds and therefore will not, in and of itself and as of this time, result in the reduction or withdrawal of Moody's rating. Moody's does not express an opinion as to whether the Amendment could have other, non credit-related effects.

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