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Investor Relations Disclaimer

This Texas Department of Transportation (the "Department") Investor Relations web page (this "web page") provides general information about the Department and its outstanding bonds, notes, or other obligations for reference only, and under no circumstances shall the information on this website constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of Department obligations in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration, qualification, or notice filings under the securities laws of such jurisdiction. An offer to buy or sell securities can only be made by an official statement (a document that discloses material information about a new bond offering).

The Department is under no obligation to update any information included on this web page, including forward-looking information, projections, and estimates. The information and expressions of opinion posted on this web page speak as of the dates thereof, are subject to change without notice, and the posting, or the lack of posting, of information on this web page does not imply that the affairs of the Department have not changed.

The information on this web page and documents referenced within this web page may include forward-looking information, including projections and estimates. These forward-looking statements may be identified by the use of forward-looking terms such as "may," "will," "expects," "believes," "anticipates," "plans," "estimates," "projects," "targets," "forecasts," and "seeks" or the negatives of such terms or other variations on such terms or comparable terminology. These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that could cause actual outcomes and results to differ materially.

Links to TxDOT web pages that are outside of this web page and to other websites are for your convenience only and are not an endorsement, recommendation, or guarantee of accuracy by the Department of information contained on any such web page or site for investor or investment purposes.

By clicking "ACCEPT" below and browsing this web page, you are acknowledging that you have read, understood, and accepted this Investor Relations Agreement and Terms of Use set forth without limitation or qualification. If you do not agree to these terms, please click "DECLINE" below and you will be redirected to the Department’s home page.