SALE OF OIL, GAS AND SULPHUR LEASE

THE TEXAS A&M UNIVERSITY SYSTEM

NOTICE OF SALE OF OIL, GAS, AND SULPHUR LEASE

The Board of Regents of The Texas A&M University System, pursuant to provisions of V.T.C.A., Education Code, Chapter 85, as amended, and subject to all policies and regulations promulgated by the Board of Regents, offers for sale at public auction in Suite 2079, System Real Estate Office, The Texas A&M University System, A&M System Building, 200 Technology Way, College Station, Texas, at 10:00 a.m., Wednesday, October 15, 2008, an oil, gas and sulphur lease on the following described land in Henderson County, Texas. The property offered for lease contains 81.25 mineral acres, more or less, and is more particularly described as follows:

Being an undivided 1/12 interest in 975 acres of land, more or less, a part of the Thomas S. Mitchell Survey A-488 of Henderson County, Texas; and being the same land as described as 950 acres in a deed dated April 10, 1946, of record in Volume 307, Page 440 of the Deed Records of Henderson County, Texas.

For inquiries on minimum lease terms, please call:

Melody Meyer

The Texas A&M University System

System Real Estate Office

200 Technology Way, Suite 2079

College Station, Texas 77845-3424

979-458-6350