NOTICE OF PARTIAL REDEMPTION

NOTICE OF PARTIAL REDEMPTION

POWER AUTHORITY OF THE STATE OF NEW YORK

New York Revenue Bonds (Series A, B, D, E, F, G, H)

(cont'd)

SERIES	CUSIP #	Rate	Maturity Date	Amount Called From Sinking Fund Installment
D	649892 GQ3*	5 7/8%	January 1, 2010	$5,970,000

The serial numbers of registered Bonds with the prefix DR or DR10, to be redeemed

in full or in part and the principal amount to be redeemed are as follows:

37 ............$5,000	76 ..............$5,000	1087 ............$5,000	1329 ..........$5,000	1347 ............$5,000	1349..........$5,000
1363 ........10,000	1366 ..........10,000	1370 ..........420,000	1371 ........520,000	1372 ..........480,000	1373........420,000
1374 ......290,000	1375 ........570,000	1376 ..........540,000	1377 ........550,000	1378 ..........575,000	1379........250,000
1380 ......380,000	1381 ..........95,000	1382 ..............5,000	1385 ..........15,000	1390 ..........255,000	1391........255,000

Serial numbers of coupon Bonds with prefix D10, each for $5,000 to be redeemed are:

399	608	722	955	1233	2099	2375	2578	2764	3569	3666	3920	3991	4153	4516
5241	5391	5530	6894	7166	7168	7796	7904	7970	8391	8514	8713	8818	9120	9316
9565	10194	10926	10987	11337	11716	11791	12151	12802	13406	14328	14945	15311	16544	16545
16550	16555	17000	17009	18043	18123	18373	18466	18582	18818	18880	18882	19979	20023	22410

SERIES	CUSIP #	Rate	Maturity Date	Amount Called From Sinking Fund Installment
E	649892 HB5*	5 1/2%	January 1, 2010	$2,485,000

The serial numbers of registered Bonds with the prefix ER or ER10, to be redeemed

in full or in part and the principal amount to be redeemed are as follows:

380 ..........$5,000	652 ............$5,000	658 ..............$5,000	759 ............$5,000	775 ..............$5,000	814........$575,000
815 ........470,000	816 ..........525,000	817 ............375,000	818 ..............5,000	819 ................5,000	820..............5,000
821 ..........10,000	825 ..............5,000

Serial number of coupon Bonds with prefix E10 each for $5,000 to be redeemed are:

71	206	253	330	335	341	357	560	568	793	808	831	965	1004	1023
1058	1196	1269	1276	1383	1426	1524	1617	1749	1834	1878	1959	1960	2035	2063
2232	2334	2426	2445	2484	2706	2958	2988	2996	2997	3151	3248	3267	3337	3372
3383	3423	3479	4060	4126	4132	4402	4408	4431	4447	4460	4615	4860	4983	4985
5753	6278	6296	6309	6414	6417	6516	6720	6767	6800	6949	6980	6983	7062	7127
7228	7258	7295	7301	7310	7663	7702	7804	7877	7883	7937	7984	7994	8054	8063
8071	8088	8099	8109	8118	8398	9604