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
G 649892 HZ2* 5 3/8% January 1, 2010 $7,230,000


The serial numbers of registered Bonds with the prefix GR, or GR10, to be redeemed

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

 

750....................$5,000

 769 ....................$5,000

 771 ......................$5,000

 782 ......................$5,000

792..................$20,000

 793 ....................$5,000

 796 ....................$10,000

 797 ......................$5,000

798 ............$1,450,000

 799 ..............$1,655,000

 801 ..............$1,600,000

 802 ..............$1,525,000

803................$345,000

 804 ..................$20,000

 805 ....................$10,000

 

 

Serial numbers of coupon Bonds with prefix G10, each for $5,000 to be redeemed are:

 

209

679

794

975

1009

1508

1511

1526

1788

1991

2395

2464

2991

3578

3845

3920

3975

3979

3980

4043

4322

4417

4420

4624

5022

5255

5521

5710

6310

6920

6990

6994

7191

7467

7686

7832

7858

7873

8219

8660

8721

9460

9625

9627

9814

10014

10246

10505

10593

10718

10781

10836

10846

10847

10999

11124

11126

11171

11272

11354

11371

11382

11541

11543

11560

11576

11608

11612

11783

11836

11889

12120

12190

12259

12300

12410

12440

12536

12545

12575

12636

12673

12910

12957

12958

13419

13490

13491

13507

13530

13819

14170

14438

14654

15247

15412

15516

15528

15913

15917

16191

16543

16562

16737

16797

17030

17031

17073

17118

17140

18802

18846

18874

 

 

SERIES CUSIP # Rate Maturity Date Amount Called From Sinking Fund Installment
H 649892 KN5* 7 1/2% January 1, 2010 $5,780,000


The serial numbers of registered Bonds with the prefix HR or HR10, to be redeemed

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

1008..................$5,000

 1031 ..................$5,000

 1049 ....................$5,000

 1095 ....................$5,000

1101..................$5,000

 1102 ................$15,000

 1103 ....................$5,000

 1105 ....................$5,000

1107..................$5,000

 1108 ................$25,000

 1109 ..................$20,000

 1110..............$1,590,000

1111 ..........$1,595,000

 1112 ............$1,215,000

 1115 ....................$5,000

 1116 ....................$5,000

1118..................$5,000


 

Serial numbers of coupon Bonds with prefix H10, each for $5,000 to be redeemed are:
 

8

21

102

150

188

201

241

299

349

352

549

595

629

637

679

713

781

899

924

1008

1022

1123

1145

1172

1208

1213

1230

1336

1426

1427

1430

1445

1470

1484

1631

1797

1871

1889

1891

1909

1981

2047

2074

2190

2195

2434

2450

2687

2698

2761

2885

2893

2900

2907

2917

2948

2954

3171

3400

3404

3420

3422

3440

3481

3487

3540

3568

3618

3621

3853

3856

3871

3881

3900

3930

3938

3944

3963

3964

4100

4107

4343

4496

4541

4619

4622

4626

4666

4676

4841

4892

4912

5104

5107

5120

5171

5173

5204

5243

5266

5269

5271

5273

5356

5384

5390

5533

5546

5579

5996

5618

5621

5790

5946

5954

5980

6054

6247

6258

6263

6281

6396

6563

6564

6569

6649

6652

6657

6675

6734

6742

6768

6824

6840

6858

6861

6862

6864

6897

6925

6932

7128

7134

7148

7313

7466

7481

7488

7548

7678

7762

7763

7773

7775

7778

7798

7801

7805

7881

7964

7965

7966

7988

8291

8293

8334

8348

8375

8397

8464

8469

8471

8481

8544

8559

8560

8667

8720

8816

9174

9260

9272

9342

9349

9350

9376

9578

9648

9665

9690

9699

9742

9743

9754

9761

9898

9907

9945

10012

10023

10026

10030

10074

10093

10131

10134

10143

10153

10170

10171

10192

10310

10362

10490

10516

10532

10573

10574

10588

10716

10721

10738

10746

10783

10786

10790

10796

10806

10967

10976

10993

11090

11557

11569

11888

11989

11994

11995

12086

12111

12113

12118

12123

12335

12620

12627

12633

12641

12644

12749

12797

12865

12929


 

Payment of the Redemption Price on the Bonds called for redemption will become due and payable on the Redemption Date upon presentation and surrender thereof in the following manner:

REGISTERED BONDS and BEARER BONDS 

First Class/Registered/Certified:    The Bank of New York, Global Corporate Trust,  P.O. Box 2320, Dallas, Texas 75221-2320
Express Delivery Only:
                  
 The Bank of New York, Global Corporate Trust, 2001 Bryan Street, 9th Fl, Dallas, Texas 75201
By Hand Only:                                  The Bank of New York, Global Corporate Trust, 4 New York Plaza - 1st Floor, New York, NY 10004-2413

Coupons due July 1, 2008, and subsequent maturing coupons should be attached to coupon Bonds being redeemed. Coupons due January 1, 2008 should be detached and collected in the usual manner.  Upon presentation of any registered Bond which is to be redeemed in part only, a new Bond or Bonds in the aggregate principal amount of the unredeemed balance of the principal amount of such Bond will be issued to the registered owner thereof, without charge therefore. Interest on the principal amount designated to be redeemed shall cease to accrue on and after the Redemption Date.

IMPORTANT NOTICE

Under the Jobs and Growth Tax Relief Reconciliation Act of 2003, 28% will be withheld if tax identification number is not properly certified.

*The Trustee shall not be held responsible for the selection or use of the CUSIP number, nor is any representation made as to its correctness indicated in the Redemption Notice. It is included solely for convenience of the Holders.

Date: November 27, 2007                                                              POWER AUTHORITY OF THE STATE OF NEW YORK
                                 
                                                                         BY U.S. BANK NATIONAL ASSOCIATION 
                                                                                                                                                                                           as Trustee

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