On May 1, 2009, TMST, Inc., formerly known as Thornburg Mortgage, Inc. and its subsidiaries filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Maryland (Jointly Administered under Case No. 09-17787). By Order of the Bankruptcy Court dated October 28, 2009, a Chapter 11 Trustee was appointed. The Trustee is in the process of winding up the affairs of TMST and its subsidiaries and liquidating all of their remaining assets and claims for the benefit of creditors and equity holders. TMST and its subsidiaries have discontinued all other operations.

All of the pleadings, operating reports, claims and other information pertinent to the bankruptcy cases may be reviewed by going to the following sites:
http://chapter11.epiqsystems.com/TMI/Project/default.aspx, or www.sec.gov.(TMST,Inc.,CIK#:0000892535).
TMST did not file its Annual Report on Form 10-K for the year ended December 31, 2008. As a result TMST is not "current" in our public information for purposes of Rule 144. However, the Chapter 11 Trustee is filing all Monthly Operating Reports required by the Bankruptcy Code, and those reports may be viewed by going to the above sites.

Transfer Agent:
American Stock Transfer continues to serve as TMST's stockholder agent. AST Shareholder Services can be reached at (800) 937-5449 or (718) 921-8214, or info@amstock.com. You may be able to access your account with your account number and tax identification number at https://secure.amstock.com/Shareholder/sh_login.asp.
Questions About Your Loan:
By order of the Bankruptcy Court, the Trustee transferred the servicing of all Thornburg mortgage loans to Select Portfolio Servicing, Inc.("SPS"). Anyone desiring information about a loan may contact SPS as follows:

Select Portfolio Servicing, Inc.
ATTN: Cashiering
PO Box 65450
Salt Lake City, UT 84165-0450
Select Portfolio Servicing, Inc.
ATTN: General Correspondence
PO Box 65250
Salt Lake City, UT 84165-0450

The toll-free number for your new servicer is 1-800-258-8602. Their Customer Service Department is available to answer questions between the hours of 7:00am to 8:00pm Monday through Friday, and 8:00am to 12:00pm Saturday EST.