EX-25.1 6 file6.htm STATEMENT ON FORM T-1

Exhibit 25.1

FORM T-1

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
    
CHECK IF AN APPLICATION TO DETERMINE
ELIGIBILITY OF A TRUSTEE PURSUANT TO
SECTION 305(b)(2)    [ ]

THE BANK OF NEW YORK TRUST COMPANY, N.A.

(Exact name of trustee as specified in its charter)


  95-3571558
(State of incorporation
if not a U.S. national bank)
(I.R.S. employer
identification no.)
700 South Flower Street
Suite 500
Los Angeles, California
90017
(Address of principal executive offices) (Zip code)

MidAmerican Energy Holdings Company

(Exact name of obligor as specified in its charter)


Iowa 94-2213782
(State or other jurisdiction of
incorporation or organization)
(I.R.S. employer
identification no.)
666 Grand Avenue,
Suite 500
Des Moines, Iowa
50309-2580
(Address of principal executive offices) (Zip code)

5.75% Senior Notes due April 1, 2018
(Title of the indenture securities)





1.  General information. Furnish the following information as to the trustee:
(a)  Name and address of each examining or supervising authority to which it is subject.

Name Address
Comptroller of the Currency
United States Department of the Treasury
Washington, D.C. 20219
Federal Reserve Bank San Francisco, California 94105
Federal Deposit Insurance Corporation Washington, D.C. 20429
(b)  Whether it is authorized to exercise corporate trust powers.

Yes.

2.  Affiliations with Obligor.

If the obligor is an affiliate of the trustee, describe each such affiliation.

None.

16.  List of Exhibits.

Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the ‘‘Act’’) and 17 C.F.R. 229.10(d).

1.  A copy of the articles of association of The Bank of New York Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948).
2.  A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948).
3.  A copy of the authorization of the trustee to exercise corporate trust powers. (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-121948).
4.  A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-121948).
5.  The consent of the trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed with Registration Statement No. 333-121948).
6.  A copy of the latest report of condition of the Trustee published pursuant to law or to the requirements of its supervising or examining authority.




SIGNATURE

Pursuant to the requirements of the Act, the trustee, The Bank of New York Trust Company, N.A., a banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of Chicago, and State of Illinois, on the 23rd day of May, 2008.


  THE BANK OF NEW YORK TRUST COMPANY, N.A.
  By: /S/         M. CALLAHAN
    Name:   M. CALLAHAN
    Title:     VICE PRESIDENT




EXHIBIT 7

Consolidated Report of Condition of
THE BANK OF NEW YORK TRUST COMPANY, N.A.
of 700 South Flower Street, Suite 200, Los Angeles, CA 90017

At the close of business March 31, 2008, published in accordance with Federal regulatory authority instructions.


  Dollar Amounts
in Thousands
ASSETS  
Cash and balances due from depository institutions:  
Noninterest-bearing balances and currency and coin 2,130
Interest-bearing balances 0
Securities:  
Held-to-maturity securities 32
Available-for-sale securities 297,195
Federal funds sold and securities purchased under agreements to resell:  
Federal funds sold 11,700
Securities purchased under agreements to resell 65,000
Loans and lease financing receivables:  
Loans and leases held for sale 0
Loans and leases, net of unearned income 0
LESS: Allowance for loan and lease losses 0
Loans and leases, net of unearned income and allowance 0
Trading assets 0
Premises and fixed assets (including capitalized leases) 12,911
Other real estate owned 0
Investments in unconsolidated subsidiaries and associated companies 0
Not applicable  
Intangible assets:  
Goodwill 871,685
Other intangible assets 293,863
Other assets 151,030
Total assets $ 1,705,546





LIABILITIES  
Deposits:  
In domestic offices 1,187
Noninterest-bearing 1,187
Interest-bearing 0
Not applicable  
Federal funds purchased and securities sold under agreements to repurchase:  
Federal funds purchased 0
Securities sold under agreements to repurchase 0
Trading liabilities 0
Other borrowed money:  
(includes mortgage indebtedness and obligations under capitalized leases) 218,691
Not applicable  
Not applicable  
Subordinated notes and debentures 0
Other liabilities 145,238
Total liabilities 365,116
Minority interest in consolidated subsidiaries 0
EQUITY CAPITAL  
Perpetual preferred stock and related surplus 0
Common stock 1,000
Surplus (exclude all surplus related to preferred stock) 1,121,520
Retained earnings 214,719
Accumulated other comprehensive income 3,191
Other equity capital components 0
Total equity capital 1,340,430
Total liabilities, minority interest, and equity capital 1,705,546

I, Karen Bayz, Vice President of the above-named bank do hereby declare that the Reports of Condition and Income (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and belief.


Karen Bayz ) Vice President

We, the undersigned directors (trustees), attest to the correctness of the Report of Condition (including the supporting schedules) for this report date and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.


Michael K. Klugman, President )  
Frank P. Sulzberger, MD ) Directors (Trustees)
William D. Lindelof, VP )