CERTIFICATE OF THE INDIANA FINANCE AUTHORITY REGARDING
DEEMED FINAL OFFICIAL STATEMENT AND RULE 15c2-12

The undersigned hereby certifies and represents to the Participating Underwriter (within the meaning of the hereinafter-defined Rule) (the "Underwriter") that the undersigned is the duly appointed and acting officer of the Indiana Finance Authority (the "Issuer") authorized to execute and deliver this Certificate and further certifies on behalf of the Issuer to the Underwriter as follows:

(1) This Certificate is delivered to enable the Underwriter to comply with Rule15c212, as amended, under the Securities Exchange Act of 1934 (the "Rule") in connection with the offering and sale of the Issuer's Indiana Finance Authority [Educational Facilities] [Health Facilities] [Exempt Facilities] Revenue Bonds, Series 20__ (______Project) (the "Bonds").

(2) In connection with the offering and sale of the Bonds, there has been prepared a Preliminary Official Statement, dated the date hereof, setting forth information concerning the Bonds and the Issuer (the "Preliminary Official Statement").

(3) The Preliminary Official Statement is in substantially the form that the Issuer approved pursuant to the resolution of the Issuer adopted at its meeting on _____, 20__.

(4) As used herein, "Permitted Omissions" shall mean the offering price(s), interest rate(s), selling compensation, aggregate principal amount, principal amount per maturity, delivery dates, ratings and other terms of the Bonds depending on such matters and the identity of the Underwriter, all with respect to the Bonds.

(5) Pursuant to the resolution of the Issuer adopted at its meeting on ______, 20__, the Issuer has approved the Preliminary Official Statement, as it relates to the Issuer, and the information in the Preliminary Official Statement under the captions "THE AUTHORITY" and "LITIGATION - The Authority" (the "Issuer Information") is final within the meaning of the Rule except for Permitted Omissions and is accurate and complete in all material respects except for Permitted Omissions.

(6) If, at any time prior to the formal sale of the Bonds to the Underwriter, any event occurs as a result of which the Issuer Information includes an untrue statement of a material fact or omits to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading, the Issuer shall promptly notify the Underwriter thereof.

(7) ______is authorized to distribute and use the Preliminary Official Statement in connection with the marketing of the Bonds.

IN WITNESS WHEREOF, I have hereunto set my hand this ____ day of ______,20__.

INDIANA FINANCE AUTHORITY

By:______

[Name], Public Finance Director
of the State of Indiana

-2-