ANK Redit Esearch: Eekly Atings IST

BANK CREDIT RESEARCH
WEEKLY RATINGS LIST

Banks Securities Firms Country Ceilings
November 17, 2008
Published weekly by
Moodys Investors Service

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Moodys Investors Service 1
Table of Contents
Global Bank Ratings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Global Bank Ratings by Country . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 Government Bonds & Country Ceilings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71 Global Banks by Rating . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74 Global Banks by Financial Strength Ratings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75 Bank Preferred Stock Ratings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 108 Securities Industry Ratings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 115
Global Bank Ratings - Alphabetic by Ultimate Parent

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
Long-term Debt Issuer Senior Subord. Rating
[3] Short-
term
AB BANKAS SNORAS AB UKIO BANKAS ABANKA VIPA D.D. ABH FINANCIAL (ALFA) Alfa MTN Markets Limited Alfa-Bank Alfa Bank Ukraine Alfa-Bank Kazakhstan ABN AMRO HOLDING N.V. ABN AMRO Bank N.V. ABN AMRO Bank N.V. (Argentina) ABN AMRO Bank N.V. London Branch ABN AMRO Bank N.V., Australian B ABN AMRO Bank N.V., Chicago ABN AMRO Bank N.V., Paris ABN AMRO Bank N.V.,Montevideo Br ABN AMRO North America Fin Inc. ABN-AMRO Bank N.V., New York ABU DHABI COMMERCIAL BANK ABU DHABI ISLAMIC BANK ADIB Sukuk Company Ltd. ACBA - CREDIT AGRICOLE ACLEDA NGO ACLEDA Bank Plc ACTIVE-BANK AFRICAN BANK INVESTMENTS LIMITED African Bank Limited AGENCY FOR HOUSING MORTGAGE LENDING OPEN JOINT-STO AGRICULTURAL BANK OF CHINA AGRICULTURAL BANK OF GREECE S.A. AGRICULTURAL DEVELOPMENT BANK OF CHINA AGROIMPULS JSCB AHLI BANK S.A.O.G. AK BARS BANK AKBANK TAS AKIBANK AKTIA BANK P.L.C. AL AHLI BANK OF KUWAIT AL RAJHI BANK ALJBA ALLIANCE COMMERCIAL BANK ALLIANCE & LEICESTER PLC Alliance & Leicester Gp Trsy ALLIANZ SE Dresdner Bank AG Dresdner Bank AG, NY Branch Dresdner Bank Luxembourg S.A. Dresdner Finance B.V. Dresdner U.S. Finance Inc. ALLIED BANKING CORPORATION ALLIED IRISH BANKS, P.L.C. AIB North America, Inc. Allied Irish Banks, NY Bank Zachodni WBK S.A. ALOKABANK JOINT-STOCK COMMERCIAL BANK ALPHA BANK AE Alpha Credit Group plc AMAGERBANKEN A/S AMARILLO NATIONAL BANCORP, INCORPORATED Amarillo National Bank
RUR RUR STA STA STA STA STA STA STA(m) STA DEV STA STA STA STA(m) STA STA STA STA STA STA STA STA STA STA STA(m) STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA(m) STA(m) STA(m) STA(m) STA RUR STA STA STA STA(m) STA STA STA NEG STA
Ba3 Ba3 A3 Ba1 B2 Ba3 Aa2 Caa1 Aa2 Aa2 B2 Aa2 Aa3 Ba3 B3 B3 Baa2 A1 Baa1 B3 Baa1 Ba2 B1 B3 A1 A1 A1 B3 Aa3 Aa3 A1 B1 Aa2 Aa2 A2 B3 A1 A3 A3
DDD+ D+ E+ E+ B CD D D E+ D+ E D E+ D DCE+ C CC E+ C+ C C E+ B CE+ C C C
NR Ba1 Ba3 (P)Aa3 Aa2 Aa2 Aa2 Aa3 A2 Ba2 Aa3 Aa3 Aa3 Aa3 A1 Aa3 Aa2 Aa2 A1 A1
Ba2 (P)A1 Aa3 Aa3 Aa3 A1 A3 A1 A2 A1 A1 Ba3 Aa3 A2 A2
Aa2 A2 B1 A3 A1 Aa3 Aa3 A1 A3
NP NP P-2 NP NP NP NP P-1 NP P-1 P-1 NP P-1 P-1 P-1 NP NP NP P-2 P-1 P-1 P-2 P-1 NP P-2 NP NP NP P-1 P-1 P-1 NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 NP P-1 P-1 P-1 P-1 NP P-1 P-1 P-2 P-2
[1] Moody's deposit obligations ratings are issuer (rather than issue) ratings. For U.S. banks & thrifts, this rating applies only to domestic obligations. Other Senior Obligations (OSO) of U.S. banks are covered by the OSO ratings on the U.S. Banks & Thrifts / OSO Ratings list. For non-U.S. banks, the deposit obligation rating applies to all foreign deposit obligations; if a foreign deposit obligation does not exist, and that of a domestic deposit obligation does, it is the domestic deposit obligation rating that is listed. [2] The long-term ratings listed reflect the ratings on specific rated debt issues. [3] Moody's short-term debt rating for commercial paper, bank deposits, or other short-term debt. [4] The Outlook is based on the LT local currency Bank Deposit Rating.

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
AMBANK GROUP AmBank (M) Berhad AMEN BANK AMERICAN EXPRESS COMPANY AMP LTD. AMP Bank Limited ANADOLUBANK AS ANELIK BANK CJSCO. ANGLO IRISH BANK CORPORATION PLC AOZORA BANK, LTD. ARAB BANK PLC Arab Bank Australia Limited Arab Bank Plc (Dubai Branch) ARAB BANKING CORPORATION B.S.C. Banco ABC Brasil S.A. ARAB NATIONAL BANK ARAB TUNISIAN BANK ARDSHININVESTBANK CJSC ARMECONOMBANK (ARMENIAN ECONOMY DEVELOPMENT BANK) ASIA COMMERCIAL BANK ASIAUNIVERSALBANK JSC ASSICURAZIONI GENERALI S.P.A BSI AG ASSOCIATED BANC-CORP Associated Bank, N.A. ASTORIA FINANCIAL CORPORATION Astoria Federal Savings & Loan ASYA KATILIM BANKASI A.S. ATTIJARIWAFA BANK AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED ANZ Banking Group Ltd, NY Br. ANZ Capital Trust II ANZ National Bank Ltd ANZ Banking Group (NZ) Ltd. National Bank of New Zealand AVTOVAZBANK AXIS BANK LTD Axis Bank Ltd, Singapore Branch B.F. SAUL REAL ESTATE INVESTMENT TRUST Chevy Chase Bank FSB Chevy Chase Preferred Cap. Corp. BALTI INVESTEERINGUTE GRUPI PANK AS BALTIC INTERNATIONAL BANK BALTINVESTBANK BALTIYSKIY BANK BANC INTERNACIONAL D'ANDORRA, S.A. BANCA CARIGE S.P.A. BANCA COMERCIALA CARPATICA S.A. BANCA DELLA MARCA CREDITO COOPERATIVO BANCA DELLE MARCHE S.P.A. BANCA ITALEASE S.P.A. BANCA MARCH S.A. BANCA MONASTIER E DEL SILE BANCA MONTE DEI PASCHI DI SIENA S.P.A. Banca Antonveneta Banca Monte dei Paschi, London Banca Toscana S.p.A. MPS Capital Services BANCA POPOLARE DELL'ALTO ADIGE-SUEDTIROLER VOLKSBA
STA STA NEG STA POS(m) NEG RUR NEG STA STA STA STA(m) NEG(m) STA STA STA NEG STA(m) STA STA STA NEG NEG NEG STA STA STA STA STA STA STA STA STA STA STA STA NEG NEG NEG NEG(m) STA STA STA STA STA STA STA STA STA STA STA STA RUR STA RUR STA STA
Baa2 Baa2 A2 B1 Ba3 A1 A3 Ba3 A3 A3 A3 Ba2 A1 Baa2 Ba3 Ba3 B1 Caa2 A1 A1 A1 B1 Ba2 Aa1 Aa2 Caa1 Ba2 Baa2 B1 B1 B3 B2 A2 A2 Ba3 A3 A2 Ba1 A2 A3 Aa3 A1 A1 A1 A1
DD D+ D DC+ D+ C+ D+ CD+ C D DDD E C+ B BD D+ B C+ E C C E+ E+ E+ E+ C+ CDCCDC CC C C D+ C
A2 A2 A1 A3 A3 A1 A1 (P)A2 A1 A2 Aa1 Aa2 Aa2 Aa2 Baa2 A2 Ba1 Aa3 A1 Aa3 NR A1
Baa1 A3 A2 Baa1 A2 A2 A3 A2 Aa2 Aa3 Aa3 Baa2 Baa3 A3 Ba2 A1 A2 A1 A2
A2 A2 A1 A3 Ba2 A2 A1 Aa1 Aa2 Ba3 Baa2 A2 A1
P-3 P-2 P-1 P-1 NP NP P-1 P-2 NP NR P-2 P-2 NP P-1 P-2 NP NP NP NP P-1 P-1 P-1 P-1 NP NP P-1 P-1 NP NP P-2 NP NP NP NP P-1 P-1 NP P-1 P-1 NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
BANCA POPOLARE DI CIVIDALE SCPA BANCA POPOLARE DI MAROSTICA SCPAARL BANCA POPOLARE DI MILANO S.C.A R.L BANCA POPOLARE DI SPOLETO BANCA SELLA HOLDING BANCA TERCAS BANCAPULIA S.P.A. BANCO AUTOFIN MEXICO, S.A. BANCO BANDES URUGUAY S.A. BANCO BBM S.A. BANCO BILBAO VIZCAYA ARGENTARIA, S.A. Banco Bilbao Viz Arg, SA Ldn Br Banco Credito Local Espana BBVA Global Finance Ltd. Compass Bancshares, Inc. Compass Bank Compass Loan Holdings Inc. BANCO BISA S.A. Bisa Leasing S.A. BANCO BMG S.A. BANCO BONSUCESSO S.A. BANCO BPI S.A. Banco BPI S.A. (Cayman) Banco BPI S.A. (Madeira) Banco BPI S.A. (Santa Maria) Banco BPI, S.A. (Macau Offshore) BANCO BRADESCO S.A. Banco Bradesco S.A., (New York) Banco Bradesco SA, Grand Cayman BANCO BVA S.A. BANCO COLUMBIA S.A. BANCO COMAFI S.A. BANCO COMERCIAL PORTUGUES, S.A. Banco Comerc.Portugues, Madeira Bank Millennium S.A. BCP Finance Bank, Ltd. BANCO COOPERATIVO ESPANOL, S.A. BANCO CREDICOOP COOPERATIVO LIMITADO BANCO CRUZEIRO DO SUL S.A. BANCO DE CHILE BANCO DE COSTA RICA Banco Internacional Costa Rica BANCO DE CREDITO E INVERSIONES BANCO DE LA CIUDAD DE BUENOS AIRES BANCO DE LA NACION ARGENTINA Banco de la Nacion Argentina Banco de la Nacion Argt (Urg) BANCO DE LA REPUBLICA ORIENTAL DEL URUGUAY BANCO DE ORO UNIBANK, INC. BANCO DE SANTIAGO DEL ESTERO S.A. Nuevo Banco de La Rioja S.A. BANCO DE VALENCIA S.A. BANCO DE VALORES S.A. BANCO DEL BAJIO, S.A. BANCO DEL ESTADO DE CHILE Banco Estado, New York Branch BANCO DO BRASIL S.A. Banco Do Brasil S.A. (Cayman) BANCO ECONOMICO S.A. (BOLIVIA)
STA STA STA STA STA STA NEG(m) STA RUR STA STA STA STA STA NEG NEG NEG STA STA NEG(m) RUR STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA RUR STA STA STA STA STA(m) STA STA STA(m) STA(m) STA STA NEG STA STA STA STA STA STA STA
A3 A2 A1 A3 A2 A3 Baa2 B1 B2 Ba2 Aa1 Aa1 Aa1 Aa3 Caa1 Ba2 Ba2 A1 Ba2 B2 Caa1 Caa1 Aa3 A3 A1 Caa1 Ba2 A2 Ba1 A2 Caa1 Caa1 Caa1 B1 B1 Caa1 Caa1 A3 Caa1 Baa3 A2 A2 Ba2 Caa1
CC C CCCD+ E+ E+ D+ B B B D D+ D C B E+ E+ DC+ D C+ D D+ B D C+ D DD DDCD+ D+ C+ C E+
A3 A1 A2 Aa1 Aa1 Aa1 A1 Aa3 Ba1 A1 A1 A1 A1 A1 Baa3 Baa3 Baa3 Ba2 Aa3 Aa3 Aa3 Ba1 A3 Baa3 Baa3
Baa1 A2 A3 Aa2 Aa2 (P)A2 A1 A2 A2 A2 A2 A2 Baa3 A1 A1 A1 Ba2 Baa1 Baa3
A1 Aa1 A1 Aa3 B3 A1
P-2 P-1 P-1 P-1 P-1 P-1 P-2 NP NP NP P-1 P-1 P-1 P-1 P-1 NP NP NP P-1 P-1 P-1 P-1 P-1 NP NP NP NP P-1 P-1 P-2 P-1 P-1 NP NP P-1 NP P-1 NP NP NP NP NP NP NP P-2 NP P-3 P-1 P-1 NP P-3 NP

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
BANCO FIBRA S.A. BANCO FINANSUR S.A. BANCO GANADERO S.A. BANCO GUIPUZCOANO BANCO HIPOTECARIO DEL URUGUAY BANCO HIPOTECARIO S.A. BANCO IBI S.A. - BANCO MULTIPLO BANCO INDUSTRIAL DO BRASIL S.A. BANCO INDUSTRIAL E COMERCIAL S.A. (BICBANCO) Banco Industrial e Comercial BIC-Arrendamento Mercantil S.A. BANCO INDUSTRIAL S.A. BANCO INTERNACIONAL DEL PERU - INTERBANK BANCO ITAU HOLDING FINANCEIRA S.A. Banco Itau BBA S.A. Banco Itau BBA (Nassau Branch) Banco Itau S.A. Banco Itau Argentina S.A. Banco Itau Europa, S.A. Banco Itau S.A. (Cayman Isls) ItauBank Leasing S.A. Itauseg Participacoes S.A. Banco Itau Uruguay S.A. BFB Leasing S.A., Arrend.Merc. BANCO LATINOAMERICANO DE EXPORTACIONES S.A. BANCO MACRO S.A. Banco del Tucuman S.A. Nuevo Banco Bisel S.A. BANCO MERCANTIL DO BRASIL S.A. BANCO MERCANTIL SANTA CRUZ S.A. BANCO MODAL S.A. BANCO MULTISECTORIAL DE INVERSIONES BANCO MULTIVA, S.A. BANCO NAC. DE DESENV. ECONOMICO E SOCIAL - BNDES BNDES Participacoes SA-BNDESPAR BANCO NACIONAL DE BOLIVIA S.A. BANCO NACIONAL DE COMERCIO EXTERIOR, S.N.C. BANCO NACIONAL DE OBRAS Y SERVICIOS PUBLICOS, S.N. BANCO NOSSA CAIXA S.A. BANCO PANAMERICANO S.A. BANCO PASTOR, S.A. Pastor International Capital Pastor International Finance BANCO PATAGONIA S.A. BANCO PAULISTA S.A. BANCO PIANO S.A. BANCO PINE S.A. BANCO POPOLARE SOCIETA COOPERATIVA Banca Popolare Ital.Soc. Coop. Efibanca S.p.A. Banco Pop Societa Coop, Lndn Br BANCO POPULAR ESPANOL, S.A. BPE Capital International Ltd. BPE Finance International Ltd. BANCO PROSPER S.A. BANCO RIBEIRAO PRETO S.A. (BRP) BANCO SABADELL, S.A. Banco Sabadell S.A., London Br BANCO SAFRA S.A.
POS(m) STA STA NEG STA(m) STA RUR STA STA STA STA STA(m) STA STA STA STA STA STA STA STA STA STA(m) STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA NEG NEG NEG STA STA STA STA POS(m) POS(m) STA STA STA STA STA NEG(m) STA STA STA STA
Ba2 Caa1 Caa1 Baa1 B1 Caa1 Ba3 Ba3 Ba2 Ba3 Ba2 Ba2 Ba2 Caa1 Baa1 Ba2 B2 Baa2 Caa1 Caa1 Caa1 Ba2 Caa1 Ba3 B2 Ba2 Caa1 Ba2 Ba2 A2 Caa1 B1 Caa1 Ba2 A2 Baa1 Aa1 B1 Ba2 Aa3 Aa3 Ba2
D E+ E+ CE D DDD+ D D+ B BD C D CD D D D D D E+ D D+ D C D E+ DD C D+ B+ E+ D B C-
Ba1 Ba1 Ba1 Baa3 Baa3 Baa1 Baa3 Baa2 B2 Ba2 Baa3 A1 A1 Ba2 A2 A2 A2 A2 Baa1 Aa1 Aa3
Ba2 Ba2 Ba3 Baa2 A2 Baa1 A2 B2 Ba3 A2 B2 Ba3 A3 A3 B2 A3 A3 A3 Aa2 A1
Ba1 A1 A1 Baa2 Baa3 A1 A1 A1 A2 A2
NP NP NP P-2 NP NP NP NP NP NP NP NP NP NP P-2 NP P-2 NP NP NP NP NP NP NP NP NP P-1 P-1 NP NP P-1 P-1 NP NP NP NP P-1 P-2 P-1 P-1 NP NP P-1 P-1 NP

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
BANCO SANTANDER S.A. (SPAIN) Abbey National plc Abbey Nat'l Treasury Int'l Ltd. Abbey Nat'l Treasury Services Abbey Natl Treas Svc (Paris) Abbey National First Capital BV Abbey National Funding plc Abbey National North America LLC AN Structured Issues Limited Banco de Vnzla, Grupo Santander Banco Espanol de Credito S.A. Banesto Finance Ltd. Banesto Issuances Ltd. Banco Santander Rio S.A. Banco Santander Totta S.A. Banco Santander Totta SA, London Banco santander, S.A. (Uruguay) Banco Santander-Chile BSCH Finance Limited Interbanca S.p.A Santander Central Hisp Fin (DE) Santander Central Hispano Intnl Santander Central Hispano Issncs Santander Consumer Finance S.A. Santander Consumer Bank S.p.A. BANCO SCHAHIN S.A. BANCO SOFISA S.A. BANCO SOLIDARIO S.A. (BOLIVIA) BANCO SUPERVIELLE S.A. BANCOLOMBIA S.A BANCOPPEL, S.A. BANCORPSOUTH, INC. BancorpSouth Bank BANGKOK BANK PUBLIC COMPANY LIMITED Bangkok Bank Public Co. (HK) BANIF SGPS SA Banif - Bnc. Inter. do Funchal Banif Banco de Inv (Brasil) SA BANIF-Banco Internac. do Funchal BANIF-Sucursal Financ. Exterior BANK AL-JAZIRA BANK AUDI BANK BPH SA BANK CENTERCREDIT BANK CENTRAL ASIA TBK (P.T.) BANK DANAMON INDONESIA TBK (P.T.) Bank Danamon Indonesia (CI) BANK DHOFAR SAOG BANK EVROPEYSKIY BANK FINANCE AND CREDIT, OJSC BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM BANK GOSPODARKI ZYWNOSCIOWEJ S.A. BANK HAPOALIM B.M. Hapoalim International N.V. BANK INTERNASIONAL INDONESIA TBK (P.T.) Bank Internasional Indo. (CI) BANK LEUMI BANK MANDIRI (P.T.) Bank Mandiri Persero (PT),Cayman
STA STA STA STA STA STA STA STA STA STA(m) STA STA STA STA STA STA STA(m) STA STA STA STA STA STA STA STA STA STA STA STA POS(m) STA STA STA STA STA STA STA STA STA STA STA RUR NEG STA STA(m) STA(m) STA STA STA STA(m) STA RUR RUR STA STA STA STA STA
Aa1 Aa3 Aa3 B3 Aa2 Caa1 Aa3 B2 A2 A3 A1 A1 Ba3 Ba2 Caa1 Caa1 Ba2 Ba3 A2 Baa1 Ba2 Ba2 A2 A3 B3 Baa2 Ba1 B1 B1 A3 B3 B2 B1 A2 A1 B1 A1 B1
B C+ DB D+ C+ D B D+ C+ C DD+ D DD E+ C+ D+ DDC D+ DDDD+ D D+ E+ E+ E+ D C D C D
Aa1 (P)Aa3 Aa3 Aa3 Aa3 (P)Aa3 Aa3 Aa3 Aa2 Aa2 Ba1 Aa3 Aa3 Aa3 A3 Aa1 A1 A1 Ba3 Ba1 A2 A2 B1 Aa3 Ba2
Aa2 A1 A1 A1 Aa3 Aa3 A1 A1 Aa3 Baa1 Aa2 A2 A2 B1 Baa3 Baa1 A3 A3 Ba3 Ba2 NR A1 Ba2 Ba2
Aa1 Aa3 A3 A2 Ba2 Ba2 Ba2
P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 NP P-1 NP P-1 P-1 NP P-1 P-2 P-1 P-1 P-1 P-1 NP NP NP NP NP NP P-1 P-2 NP NP P-1 P-1 P-2 NP P-2 NP NP NP P-2 NP NP NP P-1 P-1 P-1 NP P-1 NP

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
BANK NADRA BANK NEGARA INDONESIA TBK (P.T.) BANK OF AMERICA CORPORATION ABN AMRO N. America Holding Co. LaSalle Bank Corporation Banc of America Pfd. Fndg. Corp. Banc of America Securities LLC Bank of America, N.A. Bank of America, N.A.(Sydney Br) BankAmerica Corporation BA Australia Ltd. Bank of America Mexico, S.A. Security Pacific Corp. Boatmen's Bancshares Inc. Countrywide Financial Corp. Countrywide Bank FSB Countrywide Home Loans, Inc. MBNA Corporation FIA Card Services, N.A. BANK OF ATTICA S.A. BANK OF AYUDHYA Bank of Ayudhya (HK) BANK OF BARODA Bank of Baroda (London) BANK OF BEIRUT BANK OF CHINA LIMITED Bank of China (Hong Kong) Ltd Chiyu Banking Corporation, Ltd. Nanyang Commercial Bank, Ltd. BANK OF COMMUNICATIONS BANK OF CYPRUS PUBLIC COMPANY LIMITED BANK OF EAST ASIA, LIMITED BANK OF FUKUOKA, LTD. BANK OF GEORGIA BANK OF HAWAII CORPORATION Bank of Hawaii BANK OF INDIA Bank of India (London) Bank of India, Jersey Branch BANK OF IRELAND Bank of Ireland, Connecticut Br. ICS Building Society BANK OF KUWAIT AND THE MIDDLE EAST BANK OF MONTREAL Bank of Montreal, Chicago Br. BANK OF N.T. BUTTERFIELD & SON LTD.(THE) BANK OF NEW YORK MELLON CORPORATION (THE) Bank of New York (Lux), Italian Bank of New York (Lux.) S.A. Bank of New York Mellon (The) BNY Mellon National Association BNY Mellon Asset Servicing B.V. BNY Mellon Trust of Delaware Mellon Funding Copporation BANK OF NOVA SCOTIA Bank of Nova Scotia, NY Bank of Nova Scotia, Portland Scotiabanc Inc. Scotiabank Europe Plc
STA STA RUR RUR RUR STA STA RUR STA RUR STA STA RUR RUR RUR STA(m) RUR RUR RUR STA STA STA STA STA STA STA STA STA STA STA STA NEG STA NEG(m) STA STA STA STA STA NEG NEG NEG(m) STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA
B2 B1 Aaa Baa1 Aaa Aaa Ba1 Baa2 Ba2 B3 A1 Aa3 Aa3 Aa3 Baa1 A2 A2 A3 B3 Aa3 Ba2 Aa2 Aa2 Aa3 A1 Aa1 Aa1 Aa3 Aa2 Aa2 Aaa Aaa Aaa Aa1 Aa1
E+ D A D+ B+ AD D D+ DDC+ C C+ D CC D+ D B D+ B C CB C B+ B+ B+ B+ B
B1 Aa2 Aaa Aa2 Aaa Aa2 Aa2 Aa2 Aa2 Aaa Baa2 Baa2 A1 A2 A3 Ba2 A1 Baa2 Baa2 Baa2 Aa2 Aa1 Aa1 Aa2 Aaa Aaa Aa2 Aa1 Aa1
Aa3 Aa1 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa1 Baa2 A3 A3 A1 Baa2 Baa2 Baa2 Aa3 Aa2 A1 Aa3 Aa1 Aa1 Aa3 Aa1 Aa2
Aa2 Aaa A1 Aaa Aaa A3 Aa3 Aa2 Aa3 Aa2 Aa2 Aa2 Aaa Aaa Aaa Aaa Aa1
NP NP P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 NP P-2 NP NP P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-2 NP P-1 NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
BANK OF QUEENSLAND LIMITED BANK OF TAIWAN BANK OF THE PHILIPPINE ISLANDS BANK OF VALLETTA P.L.C. BANK OF YOKOHAMA, LTD. Yokohama Finance Cayman Ltd. BANK RAKYAT INDONESIA (P.T.) BANK SAINT-PETERSBURG OJSC BANK SEVERNAYA KAZNA BANK SOCIETE GENERALE VOSTOK (BSGV) BANK SOYUZ, JSCB BANK STANDARD BANK TABUNGAN NEGARA (P.T.) BANK URALSIB BANK URALSKY FINANCIAL HOUSE BANK VONTOBEL AG BANK VTB, JSC Bank VTB North-West VTB Bank (Austria) AG VTB Bank Europe plc VTB Bank (France) SA VTB Europe Finance B.V. VTB24 BANKINTER, S.A. BANKMUSCAT INTERNATIONAL B.S.C. BANKMUSCAT S.A.O.G. BANKPOZITIF KREDI VE KALKINMA BANKASI A.S. BANQUE CANTONALE VAUDOISE BANQUE DE TUNISIE BANQUE DU CAIRE SAE BANQUE ET CAISSE D'EPARGNE DE L'ETAT BANQUE INTERNATIONALE ARABE DE TUNISIE BANQUE MISR SAE BANQUE SAUDI FRANSI BANREGIO GRUPO FINANCIERO, S.A. DE C.V. AF Banregio, S.A. de C.V. Banco Regional de Monterrey, SA BARCLAYS BANK MEXICO, S.A. BARCLAYS PLC Barclays Bank PLC ABSA Bank Limited Barclays Bank Ireland PLC Barclays Bank of Canada Barclays Bank plc Hong Kong Barclays Bank PLC, Australia Br. Barclays Bank PLC, New York Barclays Bank PLC, Paris Barclays Capital (Cayman), Ltd. Barclays Overseas Capital Corp. Barclays Overseas Investment Co. Barclays US Funding LLC Woolwich plc BAUSPARKASSE MAINZ AG BAWAG P.S.K. BAYERISCHE LANDESBANK Bayerische Landesbank, Hong Kong Bayerische Landesbank, London Bayerische Landesbank, New York Bayerische Landesbank, Paris
STA STA STA(m) STA STA STA STA STA RUR STA RUR STA STA STA STA STA STA(m) STA(m) STA STA STA STA STA(m) STA STA STA STA STA STA STA(m) STA STA STA(m) STA(m) STA STA RUR RUR RUR STA(m) RUR NOO RUR NOO RUR RUR RUR RUR RUR NOO RUR STA STA NEG(m) STA STA STA STA
A2 Aa3 B1 Baa1 A1 B1 Ba3 Caa2 Baa2 B2 B1 B1 Ba3 B3 A1 Baa1 Baa1 Baa2 Baa2 Baa2 Baa1 Aa3 Baa2 A2 B1 A1 Baa2 Ba2 Aaa Baa2 Ba2 A1 Baa3 Baa1 Aa1 Baa1 Aa3 Aa1 Aa1 Aa1 A3 Baa1 Aa2 Aa2 Aa2 Aaa
C D+ CD+ C D+ DE DE+ E+ DDE+ C+ DDD D D DBD+ CD CD+ DC+ D DC+ D+ D B C D+ CD C
NR Baa1 Ba3 B2 A2 Baa2 A2 Aa3 A1 Aaa Aa1 A2 Aa1 Aa1 Aa1 Aa1 Baa1 Aa2 Aaa Aa2
A3 A2 A2 B1 A2 A3 Baa3 A2 A1 Aa1 Aa2 A2 Aa2 Aa2 Aa2 Aa2 Baa2 Aa3 Aaa
A2 Baa3 Aa2 Aa1 Aa2
NR P-1 NP P-2 P-1 NP NP NP P-2 NP NP NP NP NP P-1 P-2 P-2 P-2 P-2 P-2 P-2 P-2 P-1 P-2 P-1 NP P-1 P-2 NP P-1 P-2 NP P-1 P-3 P-3 P-2 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-2 P-1 P-1 P-1

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
BayernLB Capital Trust I Hypo Alpe-Adria-Bank Int'l AG Landesbank Saar MKB Bank Rt. BAYERISCHE MOTOREN WERKE AKTIENGESELLSCHAFT BMW Bank of North America BB&T CORPORATION BB&T Financial, FSB Branch Banking and Trust Co. BBK B.S.C. BBVA PRIVANZA INTERNATIONAL (GIBRALTAR) LTD. BELAGROPROMBANK JSC BELARUSBANK JSSB BELINVESTBANK BELPROMSTROIBANK BENDIGO AND ADELAIDE BANK LIMITED Adelaide Bank Limited BERMUDA COMMERCIAL BANK LIMITED BILBAO BIZKAIA KUTXA BLOM BANK S.A.L. BMCE BANK BNP PARIBAS Banca Nazionale Del Lavoro Banca Naz. del Lavoro, Paris Lavoro Bank Overseas N.V. BancWest Corporation Bank of the West First Hawaiian Bank Banque Paribas BNP Paribas (Argentina) BNP Paribas Canada BNP Paribas Capital Trust VI BNP Paribas Finance, Inc. BNP Paribas, New York Branch Exane S.A. LaSer Cofinoga Cofinoga Funding One L.P. Cofinoga Funding Two L.P. Turk Ekonomi Bankasi AS UkrSibbank BNP PARIBAS PERSONAL FINANCE EAD BOK FINANCIAL CORPORATION Bank of Oklahoma, N.A. BOUBYAN BANK BPN - SGPS, S.A. BPN-Banco Port. de Neg, S.A. Banco Portugues de Negocios BRADFORD & BINGLEY PLC BRE BANK S.A. BREMER LANDESBANK KREDITANSTALT OLDENBURG GZ BRFKREDIT A/S BRITANNIA BUILDING SOCIETY BTA BANK BTA BANK (RUSSIA) BURGAN BANK BYBLOS BANK S.A.L. CAIRO AMMAN BANK CAISSE CENTRALE DESJARDINS Capital Desjardins Inc.
NEG RUR STA NEG(m) NEG NEG(m) STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA(m) STA NOO STA STA STA STA STA STA STA STA STA POS(m) STA POS STA STA STA RUR RUR RUR NEG STA STA STA NEG STA(m) STA RUR STA STA STA STA
A2 Aa2 A3 A2 Aa2 Aa2 A2 B2 B2 B2 B2 A2 A2 Baa3 A1 B3 Ba2 Aa1 Aa2 Aa2 Aa3 Aa3 Caa1 Aa1 Aa3 B1 B2 A1 Baa2 Baa3 Baa3 A2 Aa2 A2 Ba1 B1 A1 B3 Ba3 Aa1
DD+ C C B+ B+ C E+ E+ E+ E+ C CD+ C+ DD+ B C BB C+ D+ D BD D+ D C C DE+ CDDC+
A2 Aa2 Aa3 (P)Aa3 P-1 A2 A2 A2 Aa1 Aa2 Aa2 Aa1 Aa3 Ba3 Ba3 A2 Baa3 Baa3 Aa2 A2 Ba1 B1 B2 Aa1 Aa2
A3 A1 A1 Aa3 A3 NR NR A2 Baa2 Aa2 Aa3 Aa3 A3 Aa2 A1 A2 Ba1 Ca Aa3 A3 Ba2 B2 Aa2
A2 A2 Aa3 Aa2 A2 A2 Baa3 A1 Aa1 Aa2 Aa3 Aa3 A3 Ba3 A1 Ba1 Aa2 A2
P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 NP NP NP NP P-1 P-1 P-3 P-1 NP NP P-1 P-1 P-1 P-1 P-1 NP P-1 P-1 P-1 P-1 NP NP NP P-1 P-2 P-3 P-3 P-3 P-1 P-1 P-1 NP NP P-1 NP NP P-1

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
CAISSE DE REFINANCEMENT DE L'HABITAT CAISSE DES DEPOTS ET CONSIGNATIONS CAISSE FEDERATIVE DU CREDIT MUTUEL CENTRE EST EURO Banque Fed. du Credit Mutuel Banque de l'Economie-Comm. Mon. Credit Industriel et Commercial Credit Industriel et Comm., NY CAIXA CATALUNYA Caixa Catalunya Int'l Fin. Ltd. CAIXA D'ESTALVIS DE MANRESA (CAIXA MANRESA) CAIXA D'ESTALVIS DE TARRAGONA CAIXA D'ESTALVIS DE TERRASSA CAIXA D'ESTALVIS DEL PENEDES CAIXA DE AFORROS DE VIGO, OURSENSE E PONTEVEDRA (C CAIXA ECONOMICA FEDERAL (CAIXA) CAIXA ECONOMICA MONTEPIO GERAL Caixa Econom. Montepio Geral, CI CAIXA GALICIA CAIXA GERAL DE DEPOSITOS, S.A. Caixa Geral de Depositos (Paris) Caixa Geral de Depositos Finance Caixa Geral de Depositos Madeira Caixa Geral de Depositos/NY CAJA DE AHORROS DE AVILA CAJA DE AHORROS DE LA RIOJA CAJA DE AHORROS DE SANTANDER Y CANTABRIA CAJA DE AHORROS DE VALENCIA, CAS. Y ALI. (BANCAJA) Bancaja International Finance CAJA DE AHORROS DE VITORIA Y ALAVA CAJA DE AHORROS DEL MEDITERRANEO CAJA DE AHORROS MUNICIPAL DE BURGOS CAJA DE AHORROS Y MONTE DE PIEDAD DE MADRID Madrid Finance B.V. CAJA DE AHORROS Y MONTE DE PIEDAD DE SEGOVIA CAJA DE AHORROS Y MONTE DE PIEDAD DE ZARAGOZA CAJA DE AHORROS Y PENSIONES DE BARCELONA CAJA DUERO CAJA ESPANA DE INVERSIONES CAJA INSULAR DE AHORROS DE CANARIAS CAJA LABORAL POPULAR COOP. DE CREDITO Caja Laboral Finance Ltd. CAJA RURAL DE GRANADA CAJA RURAL DE NAVARRA CAJAMAR CAJA RURAL, SOCIEDAD COOPERATIVO DE CREDIT CAMBODIAN PUBLIC BANK CANADIAN IMPERIAL BANK OF COMMERCE Canadian Imperial Holdings, Inc. Canadian Imprl Bnk of Comm NY CIBC World Markets plc CANARA BANK CAPITAL ONE FINANCIAL CORPORATION Capital One Bank CASPIAN BANK CASSA DEPOSITI E PRESTITI S.P.A. CASSA DI RISPARMIO DELLA PROVINCIA DI CHIETI S.P.A CASSA DI RISPARMIO DI BOLZANO-SUDTIROLER SPARKASSE CASSA DI RISPARMIO DI FERRARA S.P.A. CATHAY FINANCIAL HOLDING CO., LTD Cathay United Bank Co., Ltd
STA STA STA STA STA(m) STA NEG NEG STA NEG STA STA(m) NEG STA STA STA STA(m) STA STA STA STA STA NEG STA STA STA STA STA NEG STA STA STA NEG STA STA STA NEG STA STA STA STA STA STA STA NEG NEG NEG NEG STA NEG NEG STA STA STA STA STA RUR RUR
Aaa Aa3 Aa3 Aa3 Aa3 A2 A2 Baa1 A3 A2 A1 Ba2 A2 A2 Aa1 Aa1 Aa1 Baa1 A2 A2 A2 A1 A2 A2 Aa3 Baa1 A1 Aa1 A2 A3 A3 A1 A3 A2 A2 B3 Aa2 Aa2 Aa2 Ba2 A2 Ba3 Baa1 A2 A3 A1
C C C C CCC C+ D+ C C C CCCC C+ C C C+ CC+ B C CCC+ CC C D+ B D+ C+ D CCC C-
Aaa Aaa Aa3 Aa3 A2 A2 A3 A2 A2 A2 Aa1 Aa1 Aa1 Aa1 A2 A2 A2 A2 Aa3 Aa3 A1 Aa1 A3 A3 A1 A2 Aa2 Aa2 Aa2 Baa2 A3 A2 Aa2 Baa1 A2 A3
A1 A1 A3 A3 Baa1 A3 A3 A3 Aa2 Aa2 Aa2 Aa2 A3 A3 A3 A1 A1 A2 Aa2 A3 Baa1 Baa1 Aa3 Aa3 Aa3 Baa2 Baa1 A3 A3 Baa1 A2
Aaa A2 A2 A2 A2 A2 A1 Aa1 A2 B1 A2 Aa2 A3 A3
P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-2 P-1 P-1 NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-2 P-2 P-1 P-2 P-1 P-1 NP P-1 P-1 P-1 NP P-1 NP P-2 P-1 P-1 P-1

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
CENTER-INVEST BANK CENTRAL BANK OF INDIA CENTRAL CORPORATE CREDIT UNION CENTROCREDIT BANK CHANG HWA COMMERCIAL BANK CHELSEA BUILDING SOCIETY CHESHIRE BUILDING SOCIETY CHIBA BANK, LTD. Chiba Capital Funding (Cayman) CHINA CONSTRUCTION BANK CORPORATION China Cnst. Bk (Asia) Corp. Ltd. CHINA DEVELOPMENT BANK CHINA DEVELOPMENT FINANCIAL HOLDING CORPORATION China Dev. Industrial Bank CHINA EVERBRIGHT BANK CHINA MERCHANTS HOLDINGS COMPANY, LIMITED China Merchants Bank CHINATRUST FINANCIAL HOLDING COMPANY LIMITED Chinatrust Commercial Bank, Ltd. Chinatrust Commercial Bank, HK CHONG HING BANK LIMITED CHUGOKU BANK, LIMITED CHUO MITSUI TRUST HOLDINGS, INC. Chuo Mitsui Asset Trust & Bk Co Chuo Mitsui Tr & Bnkng Co. Ltd. CIBC MELLON TRUST COMPANY CITIC GROUP China CITIC Bank CITIC Ka Wah Bank Limited CITIGROUP INC. Citicorp Citibank, N.A. Citibank (South Dakota), N.A. Citibank, N.A. (Auckland Branch) Citibank, N.A. (London Branch) Citibank, N.A. (Sydney Branch) Source One Mortgage Services Citigroup Funding, Inc. Citigroup Global Mkts Hldgs.Inc. Egg Banking Plc CITIZENS REPUBLIC BANCORP, INC. Citizens Bank, Michigan CITY NATIONAL CORPORATION City National Bank CLIENTIS AG CLOSE BROTHERS LTD. CO-OPERATIVE BANK PLC COLONIAL BANCGROUP, INC. (THE) Colonial Bank CBG Florida REIT Corp. COMERICA INCORPORATED Comerica Bank COMMERCE ASSET-HOLDING BERHAD CIMB Bank Berhad COMMERCE BANCSHARES, INC. Commerce Bank, N.A. COMMERCIAL BANK AGROPROMCREDIT (LLC) COMMERCIAL BANK INVESTBANK AD COMMERCIAL BANK OF DUBAI PCS
STA STA STA STA STA NEG RUR STA STA STA(m) STA STA STA STA STA STA STA STA STA STA STA STA STA RUR STA STA RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR STA NEG NEG STA STA STA STA STA NEG NEG NEG STA STA STA STA STA STA STA STA
B1 Ba2 B3 A3 A2 A3 A1 A1 A2 Baa1 Ba1 Baa3 A2 Baa2 Aa3 A1 A1 Baa2 Baa2 Aa1 Aa1 A2 Aa3 A3 A2 A2 Baa1 A1 A3 Aa2 B2 B2 A2
E+ D E+ D C CC DC CD D+ C CC+ C+ CB D D+ B B C+ B C C+ C C B D+ B+ E+ E+ D+
A2 A3 A1 Baa1 Baa2 Aa3 Aa3 Aa1 Aa1 Aa1 Aa1 Aa3 Aa3 Aa3 Aa3 A1 A2 A2 A1
A3 Baa1 A2 A2 Baa1 Baa3 A2 Baa3 A1 A1 A1 A1 A1 Baa1 A1 A3 Baa3 Baa2 A3 A2
A1 A3 Aa3 Aa2 Aa1 Aa1 Aa3 Aa3 A3 A2 A1 Aa3 Baa2 Baa1 A2 A1 Aa2
NP NP P-1 NP P-1 P-1 P-2 P-1 P-1 P-1 P-2 NP P-3 P-1 P-2 P-1 P-1 P-1 P-2 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 NP NP P-1

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
COMMERCIAL BANK OF KUWAIT COMMERCIAL BANK OF QATAR COMMERCIAL INTERNATIONAL BANK (EGYPT) SAE COMMERZBANK AG Bre Bank Hipoteczny CB Finance Company B.V. Commerzbank AG, London Branch Commerzbank AG, New York Branch Commerzbank AG, Paris Brch. Commerzbank Europe (Ireland) Commerzbank Europe Finance Irel Commerzbank International S.A. Commerzbank Overseas Fin. N.V. Commerzbank U.S. Fin Inc. Hypothekenbank in Essen AG COMMONWEALTH BANK OF AUSTRALIA ASB Bank Limited CBA (Delaware) Finance Inc. Commonwealth Bk of Australia-NY Preferred Capital Limited CONFEDERACION ESPANOLA DE CAJAS DE AHORRO CORPORATE CENTRAL CREDIT UNION CORPORATE COMMERCIAL BANK AD CORPORATE ONE FEDERAL CREDIT UNION COVENTRY BUILDING SOCIETY CREDICORP LTD. Banco de Credito del Peru CREDIT BANK OF MOSCOW CREDIT DNEPR BANK CREDIT DU MAROC CREDIT LOGEMENT CREDIT SUISSE GROUP Banco Credit Suisse Mexico Credit Suisse Credit Suisse (London) Branch Credit Suisse (Nassau) Branch Credit Suisse (New York) Branch Credit Suisse International Credit Suisse, Sydney Branch CSFB Capital (Guernsey) I Ltd. CREDIT-STANDARD BANK CREDITO VALTELLINESE Bancaperta S.P.A. Credito Artigiano S.p.A. CROATIAN BANK FOR RECONSTRUCTION AND DEVELOPMENT CULLEN/FROST BANKERS, INC. Frost National Bank CZECH EXPORT BANK, A.S. DAEGU BANK, LTD. DAH SING FINANCIAL HOLDINGS LTD. Dah Sing MTN Financing Limited Dah Sing SAR Financing Limited DANMARKS SKIBSKREDIT A/S DANSKE BANK A/S Danske Corporation Sampo Bank plc DB SUKUK COMPANY LTD. DBK LEASING DBS BANK LTD.
STA STA STA(m) STA RUR STA STA STA STA STA STA STA STA STA NOO STA STA STA STA STA STA STA STA STA STA STA STA POS(m) STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA POS STA STA POS STA(m) STA STA STA RUR STA RUR POS STA STA
Aa3 A1 Ba2 Aa3 Baa1 Aa3 Aa3 A2 A2 Aa1 Aa2 Aa1 Aa2 Ba3 A2 Ba2 B1 B3 Ba2 Baa1 Aa1 Aa1 Aa1 Aa1 B3 Baa1 Baa1 Aa3 A2 Aa1 Aa1 Aa1
C CCC D C+ C+ B B B D C+ D+ E+ E+ D+ D+ B E+ CC B C B B B
A1 Aa3 Aa3 A2 Aa3 Aa3 A1 Aa1 Aa2 Aa1 A2 B1 B3 Aa2 Aa1 Aa1 Aa1 Aa1 Aa1 Baa1 Baa1 Baa1 A1 Aa1 A3 Aa3 Aa1 Aa1 A3
A2 A1 A1 A1 A2 Aa2 Aa3 A3 Baa3 Aa3 Aa3 Aa2 Aa2 Aa2 Aa2 Aa2 Baa2 Baa2 Baa2 A2 A1 Baa1 Baa1 Aa2 Aa2 Aa2
Aa3 A2 Aa1 Aa2 Aa2 Aa1 Aa1 A1 A1 Aa3 Aa1 Aa3 Aa1 Aa1 Ba3
P-1 P-1 NP P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 NP P-1 P-1 NP NP NP NP P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 NP P-2 P-2 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-2 NP P-1

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
DBS Bank (Hong Kong) Limited DEKABANK DEUTSCHE GIROZENTRALE DELTA BANK JSC DEMIR-HALK BANK (NEDERLAND) N.V. DENIZBANK A.S. DERBYSHIRE BUILDING SOCIETY DEUTSCHE APOTHEKER- UND AERZTEBANK EG DEUTSCHE BANK AG DB UK Bank Limited Deutsche Australia Limited Deutsche Bank AG, London Brch Deutsche Bank AG, New York Deutsche Bank AG, New Zealand Deutsche Bank AG, Paris Brch. Deutsche Bank AG, Singapore Br. Deutsche Bank AG, Sydney Branch Deutsche Bank Americas Fin. LLC Deutsche Bank Cap.Fund.Trust VI Deutsche Bank Cap.Fund.Trust VII Deutsche Bank Fin'l Inc. Deutsche Bank Financial LLC Deutsche Bank Mexico, S.A. DEUTSCHE POST AG Deutsche Postbank AG Deutsche Postbank Fund Trt IV Deutsche Siedlungs- und Landesr. DEUTSCHE SCHIFFSBANK AG DEVELOPMENT BANK OF KAZAKHSTAN DEVELOPMENT BANK OF SOUTHERN AFRICA DEVELOPMENT BANK OF THE PHILIPPINES DEXIA GROUP (THE) DISCOVER FINANCIAL SERVICES Discover Bank DLR KREDIT A/S DNB NOR BANK ASA Den norske Bank ASA DNB NOR Bank ASA, New York DOHA BANK Q.S.C. DONGORBANK, CJCS DORAL FINANCIAL CORPORATION DOWNEY FINANCIAL CORP. Downey Savings & Loan Assn. DUBAI BANK DUBAI ISLAMIC BANK PJSC DIB Sukuk Company Limited DUNFERMLINE BUILDING SOCIETY DZ BANK AG DEUTSCHE ZENTRAL-GENOSSENSCHAFTSBANK DVB Bank AG DZ Bank AG, Cayman Islands DZ Bank Perp.Fund.Issuer(Jersey) E*TRADE FINANCIAL CORP. E*TRADE Bank E. SUN FINANCIAL HOLDING COMPANY LIMITED E. Sun Commercial Bank, Ltd. EBS BUILDING SOCIETY EFG EUROBANK ERGASIAS S.A. EFG Hellas (Cayman Islands) Ltd EFG Hellas PLC EFG INTERNATIONAL
STA STA STA STA STA RUR STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA RUR STA STA STA STA STA POS STA(m) STA STA STA NEG NEG NEG STA STA STA RUR RUR POS STA STA RUR STA STA STA STA NEG NEG STA STA NEG(m) STA STA STA STA
Aa3 Aa2 B3 Ba1 B1 A3 A2 Aa1 Aa3 Aa1 Aa1 Aa1 Aa1 Baa1 Aa2 A2 B1 Baa2 Aa1 Aa1 A2 B2 B3 A3 Aa3 A1 Ba3 Baa1 A2 Aa3
C+ C E+ D+ CCC B C D C+ C+ D C B D+ E+ E D D+ CCC D D+ CC+
Aa2 A3 A2 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa2 Aaa NR A2 Baa3 Baa2 Aa1 Aa1 A2 B2 B1 Ca A1 A3 Aa3 A1 B2 A2 Aa3 Aa3
Aa3 Baa1 A3 Aa2 Aa1 Aa2 Aa2 Aa2 Aa2 Aa3 Aaa Baa3 A2 Aa2 Aa2 A3 Baa1 A1 A2 A2 B3 A3 A1 A1
Aa1 Aa3 A3 A2 A2 A2 Baa2 A1 Ca Ca A3 A1 B2 Ba3 Baa2 A2
P-1 P-1 NP NP NP P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-2 P-1 P-1 NP P-2 P-1 P-1 P-1 P-1 NP NP P-2 P-1 P-2 P-1 P-1 P-1 NP P-2 P-2 P-1 P-1 P-1 P-1

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
EFG Bank EKSPO FAKTORING A.S. EKSPORTFINANS ASA EMIRATES NBD Emirates Bank Int'l PJSC National Bank of Dubai PJSC EON BANK GROUP EON Bank Berhad ERSTE GROUP BANK AG Banca Comerciala Romana S.A. Ceska Sporitelna, a.s. Erste Bank Hungary Rt Erste Bank, New York Erste Capital Fin.(Jersey)Tier I Slovenska sporitelna, a.s. ESPIRITO SANTO FINANCIAL GROUP S.A. Banco Espirito Santo, London Banco Espirito Santo, S.A. Banco Espirito Santo, SA, CI BES Finance Ltd. EURASIAN BANK EUROBANK TEKFEN AS EUROHYPO AG Eurohypo AG Eurohypo AG, New York Branch EUROHYPO Europ. Hypothekenb. RHEINHYP Rheinische Hypo AG Rheinhyp Finance N.V. EUROKOMMERZ HOLDING LIMITED EUROPEAN TRUST BANK EVROFINANCE MOSNARBANK EXIMBANK KAZAKHSTAN EXIMBANKA SR EXPOBANK EXPORT-IMPORT BANK OF CHINA EXPORT-IMPORT BANK OF INDIA EXPORT-IMPORT BANK OF KOREA (THE) EXPORT-IMPORT BANK OF THAILAND EXPRESS-BANK FHB MORTGAGE BANK CO. PLC. FIAT GROUP AUTOMOBILES FINANCIAL SERVICES S.P.A. FIBA INTERNATIONAL HOLDING N.V. Credit Europe Bank N.V. Credit Europe Bank Ltd. FIDEICOMISO DE FOMENTO MINERO FIFTH THIRD BANCORP Fifth Third Bank, Michigan Fifth Third Bank, Ohio FINANCIERE SYZ & CO. S.A. Banque SYZ & Co. S.A. FIONIA BANK A/S FIRST BANCORP PUERTO RICO FirstBank Puerto Rico FIRST CITIZENS BANCSHARES, INC. First-Citizens Bank & Tr. Co. FIRST CITIZENS BANK LIMITED FIRST CZECH RUSSIAN BANK FIRST FINANCIAL HOLDING COMPANY., LTD First Commercial Bank
STA STA NEG STA STA STA STA STA STA(m) STA(m) STA STA STA STA STA STA STA STA STA STA RUR NOO STA NOO NOO STA STA STA STA POS RUR STA STA STA STA STA STA STA STA STA STA NEG NEG NEG STA STA NEG STA STA STA STA STA STA
A2 A1 A1 Baa2 Aa3 Baa3 A1 A3 Aa3 A1 Aa3 B1 B1 A1 A1 B3 Ba3 B3 A1 B3 Ba2 B3 Baa3 Baa3 Ba1 Aa3 Aa3 A3 A3 Ba1 A1 Baa1 B3 A3
C+ CC D C D C D+ C C+ E+ DC E+ E+ E+ E+ E+ D+ D+ D B B C C D+ BCE+ D
Aaa A1 A1 Aa3 A1 Aa3 Aa3 A1 A1 A1 A1 A1 A1 Baa3 Aa3 Ba1 A1 Aa3 Aa3 A3 Ba1
A3 Aa1 A2 A2 Baa3 A1 A2 A1 A1 A1 A2 A2 A2 A2 Ba1 A2 A1 A1 Baa1 A2
Ba3 Aaa A1 A1 B2 Baa3 A3 Baa2 Baa3 A1 Aa3 Aa3 A3 Ba1 A1 Baa1
P-1 P-1 P-1 P-1 P-3 P-1 P-3 P-1 P-2 P-1 P-1 P-1 P-1 P-1 NP NP P-1 P-1 NP NP NP NP P-1 NP NP P-1 NP P-3 P-3 NP P-3 P-1 P-1 P-1 P-2 P-2 NP P-1 P-2 NP P-1

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
FIRST GULF BANK FIRST HORIZON NATIONAL CORPORATION First Tennessee Bank, N.A. FIRST INTERNATIONAL BANK OF ISRAEL FIRST INVESTMENT BANK AD FIRST MIDWEST BANCORP, INC. First Midwest Bank FIRST REPUBLIC BANK JSC FIRST UKRAINIAN INTERNATIONAL BANK, CJSC FIRST UNITED BANK FIRSTMERIT CORPORATION FirstMerit Bank, N.A. FIRSTRAND BANKING GROUP FirstRand Bank Limited FLAGSTAR BANCORP, INC. Flagstar Bank, FSB FONDO FINANCIERO PRIVADO FASSIL S.A. FORD MOTOR COMPANY Volvo Auto Bank GmbH FOROYA BANKI P/F FORTIS (GROUP) Fortis SA/NV Fortis Bank S.A./N.V. Fortis Bank (Hong Kong) Fortis Bank Nederland (Holding) Fortis Bank, New York Fortis Banque Luxembourg S.A. Fortis Luxembourg Fiannce S.A. Fortis N.V. FORUM BANK FRIESLAND BANK N.V. FUBON FINANCIAL HOLDING CO., LTD. Fubon Securities Co., Ltd. Taipei Fubon Bank FULTON FINANCIAL CORPORATION Fulton Bank FUNDSERVICEBANK GALLABANK GAZBANK JSCB GAZENERGOPROMBANK GAZINVESTBANK GAZPROMBANK GENERAL ELECTRIC COMPANY GETIN BANK SA GHANA COMMERCIAL BANK LTD GIROCREDIT BANK AG DER SPARKASSEN GLITNIR BANKI HF GMAC LLC Banco GMAC S.A. GOLDMAN SACHS GROUP, INC. (THE) Goldman Sachs Bank (Europe) plc Goldman Sachs Bank USA Goldman Sachs Private Bank Ltd. GOVERNMENT HOUSING BANK OF THAILAND GROUPE BANQUE POPULAIRE Banque Federale des Banque Pop. Banque Populaire Atlantique Banque Populaire Lorraine Champ. Banque Monetaire et Financiere
STA NEG NEG STA STA STA STA STA STA STA STA POS RUR STA NEG NEG STA RUR RUR RUR RUR RUR RUR RUR RUR STA(m) STA NEG STA STA NEG NEG STA STA STA STA STA STA(m) STA NEG STA STA RUR RUR RUR NEG NEG NEG NEG STA STA STA STA STA
A2 A3 A1 Ba1 A2 B3 B2 B3 A1 Baa1 Ba1 Caa1 A3 A3 A1 A1 A1 A1 B2 A2 A2 A1 B2 B3 B2 Ba3 Caa1 Baa1 Ba2 B3 Caa1 B3 Aa3 Aa3 Aa3 Baa1 Aa3 Aa3 Aa3 Aa3
D+ C CD C+ E+ E+ E+ B C D+ E+ C C C C C E+ C C BE+ E+ E+ E+ E D D D E E+ B B B E+ C+
A2 A3 (P)Baa1 Baa2 Baa1 A3 Baa1 A3 (P)A3 Baa1 A3 A2 B1 B3 A1 A2 A2 Ba1 Caa1 Caa2 Baa2 A1 A2 A1 A1 A2 A1 A2 A1 A2 A1 A1 A2 Baa2 Ba3 A2 A3 Baa1 Baa3 A3 A2 A1 A3 Aaa (P)Aa1 Aaa Aa3 A1 Caa2 C Caa1 Caa1 Aa3 A1 Aa3 Aa3 Aa3 Aa3 Aa3 A1 Aa3 Aa3 Aa3
P-1 P-2 P-1 NP P-1 NP NP NP P-1 P-1 NP NP P-2 P-2 P-1 P-1 P-1 P-1 P-1 NP P-1 P-1 P-1 NP NP NP NP NP P-2 P-1 NP NP NP NP NP P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
Banque Pop. Bourgogne Fr.-Comte Banque Pop. de l'Ouest Banque Populaire Cote d'Azur Banque Populaire d'Alsace Banque Populaire du Massif Centr Banque Populaire du Nord Banque Populaire du Sud Ouest Banque Populaire Rives de Paris Banque Populaire Toulouse-Pyrene Banque Populaire Val de France BRED-Banque Populaire CASDEN - Banque Populaire Credit Cooperatif GROUPE CAISSE D'EPARGNE CNCE Banque Palatine CDC Ixis Credit Foncier de France Locindus S.A. GROUPE CREDIT AGRICOLE CRCAM Centre Est CRCAM Centre Loire CRCAM Nord de France CRCAM Sud Rhone Alpes Credit Agricole S.A. CALYON Calyon Bank Ukraine CALYON Finl. Products(Guernsey) CALYON, New York Branch Calyon, Tokyo Branch Cassa Di Risparmio Di Parma Banca Popolare Friuladria CRCAM Alsace Vosges CRCAM Anjou-et du Maine CRCAM Aquitaine CRCAM Atlantique Vendee CRCAM Brie Picardie CRCAM Centre France CRCAM Cotes d'Armor CRCAM d'Alpes Provence CRCAM de Charente-Maritime Dx CRCAM de Charente-Perigord CRCAM de la Reunion CRCAM de la Touraine et Poitou CRCAM de Normandie CRCAM de Sud-Mediterranee CRCAM Finistere CRCAM Franche Comte CRCAM Ile-et-vilaine CRCAM Lorraine CRCAM Morbihan CRCAM Nord Est CRCAM Normandie Seine CRCAM Paris et Ile-de-France CRCAM Provence Cote d'Azur CRCAM Pyrenees Gascogne CRCAM Toulouse/Midi Toulousain Credit Agricole S.A., London Credit Uruguay Banco S.A.
STA STA STA STA STA STA STA STA STA STA STA STA STA STA(m) RUR NOO STA RUR RUR RUR RUR RUR RUR RUR STA RUR RUR RUR STA STA RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR STA(m)
Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 B2 Aa1 Aa1 Aa3 Aa3 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 B2
C+ C C C B C D C+ C D
Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aaa Aa1 Aa1 Aa1 Aa1 Aa1 Baa1 Aa1 Aa3 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1
A1 A1 Aa2 Aa2 Aa2 Aa2
Aa1
P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 NP

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
Emporiki Bank of Greece S.A. Europejski Fundusz Leasingowy SA Index-Bank Le Credit Lyonnais S.A. Credit Lyonnais Australia Ltd. Lukas Bank S.A. GROUPE CREDIT IMMOBILIER DE FRANCE Caisse C'ale du Credit Immo GRUPO AVAL ACCIONES Y VALORES S.A. Banco de Bogota GRUPO FINANCIERO BANORTE S.A. DE C.V. Arrendadora Banorte, SA de CV Banco Mercantil del Norte, S.A. Banco Mercantil del NorteSA(CI) Factor Banorte, S.A. de C.V. GRUPO FINANCIERO INTERACCIONES, S.A. DE C.V. Banco Interacciones, S.A. GUANGDONG DEVELOPMENT BANK GULF BANK GULF INTERNATIONAL BANK BSC GULF INVESTMENT CORPORATION GUNMA BANK, LTD. GUTA BANK HABIB BANK LTD. HALYK SAVINGS BANK OF KAZAKHSTAN HANA FINANCIAL GROUP, INC. Hana Bank HANCOCK HOLDING COMPANY Hancock Bank Hancock Bank of Louisiana HAWAIIAN ELECTRIC INDUSTRIES, INC. American Savings Bank, FSB ASB Realty Corporation HBOS PLC Bank of Scotland plc Bank of Scotland (Ireland) Ltd Bank of Scotland/New York Bank of Western Australia Ltd BOS plc, Australia Branch HBOS Capital Funding No. 1 L.P. HDFC LIMITED HDFC Bank Limited HELLENIC BANK PUBLIC COMPANY LTD HERITAGE BUILDING SOCIETY HEWLETT-PACKARD COMPANY Hewlett-Packard Intern Bank Plc HIGO BANK LTD. HIROSHIMA BANK, LIMITED HOME CREDIT & FINANCE BANK HONG LEONG BANK BERHAD HOUSE CONSTRUCTION SAVING BANK OF KAZAKHSTAN JSC HOUSING BANK FOR TRADE & FINANCE (THE) HOUSING FINANCING FUND HSBC HOLDINGS PLC Hongkong and Shanghai Bank Corp. Hang Seng Bank Limited Hang Seng Bank (China) Limited Hongkong & Shanghai Bkg.(Sydney) HSBC Bank (China) Company
STA RUR STA RUR STA RUR STA STA STA STA STA STA STA STA RUR NEG NEG STA STA RUR NEG STA(m) STA STA STA STA STA STA RUR RUR RUR RUR RUR RUR RUR STA STA STA STA STA STA STA STA STA STA STA RUR STA STA STA STA STA STA
Aa3 B2 Aa1 A2 A1 Ba2 Baa1 Ba1 Ba2 A1 A2 A3 A1 Caa1 B3 Ba1 A2 A1 A1 A3 Aa1 Aa3 Aa1 Aa3 Aa1 Ba2 Baa2 A3 A2 A1 A3 Ba3 A3 Baa2 Ba3 Aa2 Aa2 A1 Aa2 A1
C E+ B C C C C D DCCD+ CE DD C BB C B C C CD+ C CC D+ DCE+ C B+ B+ D D
Aa3 Aa1 A1 A3 Baa3 A1 Aa2 Aa1 Aa3 Aa1 Baa2 A3 Ba3 A1 Aa2 Aa1 Aa1
A1 Aa2 A2 A3 A3 Ba2 A3 A2 Aa3 Aa2 A1 Baa2 Baa1 A3 Aa3 Aa2 Aa2 NR
A1 Aa1 A1 A2 A2 A2 A1 A1 A3 Aa2 Aa1 Aa3 A3 A1 Aa1 A1 Aa1
P-1 NP P-1 P-1 P-1 P-1 NP P-1 P-2 P-1 NP NP P-1 P-1 P-1 P-1 NP NP NP P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 NP P-2 P-2 P-1 P-1 P-2 NP P-1 P-2 NP P-1 P-1 P-1 P-1 P-1 P-1

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
HSBC Markets (Bahamas) Limited HSBC Bank Argentina S.A. HSBC Bank Brasil-Banco Multiplo HSBC Bank Malaysia Berhad HSBC Bank Middle East Limited HSBC Bk Middle E. Ltd (UAE Br) HSBC Bank plc HSBC Bank A.S. (Turkey) HSBC Bank Plc Sydney Branch HSBC France Midland Australia Finan. Servs. Midland Intl. Financial Svcs. HSH NORDBANK AG HSH Nordbank, London Branch HSH Nordbank, New York Branch HUA NAN FINANCIAL HOLDING COMPANY Hua Nan Commercial Bank Ltd. HUDSON VALLEY HOLDING CORP. Hudson Valley Bank HUNTINGTON BANCSHARES INCORPORATED Huntington National Bank HYAKUJUSHI BANK LIMITED HYPO REAL ESTATE HOLDING AG HYPO TIROL BANK AG ICCREA HOLDING SPA Banca Agrileasing SpA ICICI BANK LIMITED ICICI Bank Limited, HK Branch ICICI Bank Ltd, Singapore ICICI Bank UK Plc. ICICI Bank, Bahrain Branch IDBI BANK LTD IKB DEUTSCHE INDUSTRIEBANK AG IKB Funding Trust II IMEXBANK JSCB INDEPENDENT BANK CORPORATION Independent Bank INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED Ind. & Coml Bk of China (Asia) INDUSTRIAL BANK OF KOREA INDUSTRIALBANK, JSCB ING GROEP N.V. ING Bank N.V. ING (U.S.) Funding LLC ING Bank (Australia) Ltd. ING Bank Eurasia ING Bank N.V. - Sao Paulo ING Bank N.V., Tokyo Branch ING Bank of Canada ING Bank Slaski S.A. ING Bank Ukraine ING Bank, Paris Branch ING Bank, S.A. (Mexico) ING Belgium SA/NV ING Belgium Intern. Fin. S.A. Postbank Groen N.V. INSTITUTO DE CREDITO OFICIAL INTEGRA BANK CORPORATION Integra Bank National Associat.
STA STA STA STA STA STA STA STA STA STA STA STA STA(m) STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA RUR STA STA STA STA(m) STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA
Caa1 Ba2 A3 Aa2 Aa2 Aa1 B1 Aa1 Aa3 Aa2 Aa2 A3 A2 A2 A2 Aa1 A3 Ba2 Baa2 Ba2 Baa3 B3 Baa1 A1 A2 A2 B3 Aa2 Aa3 Baa1 Ba2 Aa2 A2 B2 Aa2 Baa1 Aa2 A3
D+ C CC+ B C C+ C D C+ C+ C C CC D DE E+ CDCD+ E+ B C+ D C D+ D D+ B C
Aa1 (P)Ba1 Aa2 Aa1 Aa3 Aa1 Aa1 Aa2 Aa1 Aa2 A3 A2 Aa1 A3 Baa2 Baa2 Baa2 Baa2 Baa2 Baa2 Baa3 Aa3 Aa3 Aa2 Aa2 Aa2 Aa2 Aaa
Aa2 Aa3 Aa2 A1 Aa2 Aa2 Aa3 Aa1 Baa1 A3 Aa2 Baa1 Baa2 Baa2 Baa2 Baa3 Baa2 Ba2 Aa3 A2 Aa3 Aa3 Aa3 Aa3
Aa1 A2 A2 Baa1 Aa3 A3
P-1 NP NP P-1 P-1 P-1 P-1 NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-2 NP P-2 NP P-3 NP P-2 P-1 P-1 P-1 NP P-1 P-1 P-1 P-2 NP P-1 P-1 P-1 NP P-1 P-2 P-1 P-1 P-1 P-2

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
INTERMARKET BANK AG INTERNATIONAL ASSET BANK AD INTERNATIONAL BANK OF AZERBAIJAN INTERNATIONAL INDUSTRIAL BANK INTERNATIONAL INVESTMENT BANK INTERPROMBANK, JSCB INTERREGIONAL BANK FOR SETTLEMENTS OF THE TELECOMM INTESA SANPAOLO SPA Banca Commerciale Ital. S.p.A. Banca CR Firenze S.p.A. Banca IMI Spa Banca Infrast. Innov. e Sviluppo Banca Intesa Spa, Hong Kong Banca Intesa, New York branch Bank of Alexandria SAE Cassa Risparmi Forli Rom Spa Cassa Risparmio Provinc Lombard CIB Bank Ltd. Intesa Bank Ireland p.l.c. Sanpaolo IMI S.p.A. Sanpaolo IMI Bank (Intl) S.A. SANPAOLO IMI U.S. Financial Co Vseobecna uverova banka, a.s. INTRUST FINANCIAL CORPORATION INTRUST Bank, N.A. INVESTCORP BANK B.S.C. Investcorp Capital Limited Investcorp S.A. INVESTEC HOLDINGS LTD Investec PLC Investec Bank (UK) Ltd INVESTMENT TRADE BANK IPOTEKA BANK IRISH LIFE & PERMANENT PLC IRISH NATIONWIDE BUILDING SOCIETY ISRAEL DISCOUNT BANK Israel Credit Cards Limited ISTITUTO DI SERVIZI PER IL MERCATO AGRICOLO ALIMEN ISTROBANKA, A.S. J & T BANKA, A. S. JAPAN TRUSTEE SERVICES BANK, LTD. JEONBUK BANK JOINT STOCK COMMERCAL BANK RESPUBLIKA JOINT STOCK COMPANY INDUSTRIAL AND TRADE BANK PROM JOYO BANK, LTD. JPMORGAN CHASE & CO. BANK ONE CORPORATION Bank One, Illinois, N.A. Bank One, National Association First Chicago NBD Corporation Bank One N.A. (Chicago) First Chicago Australia Ltd. NBD Bancorp, Inc. Bank One, Michigan First Commerce Corp. Bear Stearns Companies LLC. Chase Manhattan Corporation (OLD) J.P. Morgan & Co. Incorporated J.P. Morgan Australia Ltd.
STA POS STA(m) STA STA STA RUR STA POS STA STA STA STA STA STA(m) STA STA STA(m) STA STA STA STA STA STA STA RUR RUR RUR NEG NEG(m) STA STA NEG RUR STA STA STA STA(m) STA STA STA POS(m) STA STA NEG NEG NEG NEG NEG NEG NEG NEG NEG NEG NEG NEG NEG NEG
A2 B1 Ba2 B1 B3 B3 Caa2 Aa2 Aa3 Aa3 Aa3 Aa2 Aa2 Ba2 A1 A3 Aa3 A3 Baa3 Baa3 Baa1 B2 B3 Aa3 Baa1 A1 B2 Aa3 A3 B2 B3 A1 Aaa Aaa
C E+ E+ E+ E+ E+ E B C CC+ DC C C C D+ D+ CE+ E+ C+ CC DE+ C D+ E+ E+ C
B1 Aa2 Aa2 Aa3 Aa3 A1 Aa2 Aa3 Aa2 Aa2 Aa2 Baa3 Aa3 Baa1 A1 Aa2 Aa2 Aaa Aa2 Aaa Aa2 Aa2 Aa2
Baa3 Aa3 Aa3 A1 A1 Aa3 A2 Aa3 Aa3 A1 Baa2 Aa3 Aa3 Aa1 Aa3 Aa1 Aa3 Aa1 Aa3 Aa3 Aa3
Aa2 Aa3 Baa1 A3 Baa2 Ba1 Aa2 Aa2 Aa2 Aa2
P-1 NP NP NP NP NP NP P-1 P-1 P-1 P-1 P-1 P-1 NP P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-2 P-3 P-3 P-2 P-2 NP NP P-1 P-2 P-1 NR NP P-1 P-1 NP NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
JP Morgan Internat. Derivatives J.P. Morgan Bank Canada J.P. Morgan Securities Ltd J.P. Morgan Trust Bank Ltd. JPMorgan Chase Bank, London JPMorgan Chase Bank, N.A. JPMorgan Chase Bank, N.A., NY BR JPMorgan Chase Bank, NA Chase Manhattan Bank, Paris Br. Chase Manhattan Bank, Sydney Br. JPMorgan Chase Bk China Co Ltd JPMorgan Chase Bk, NA, Singapore JSB ROSBANK JSC NURBANK JSCB BANK OF MOSCOW Bank Moscow-Minsk JULIUS BAER HOLDING AG Bank Julius Baer & Co. AG Bank Julius Baer & Co, Guernsey JYSKE BANK A/S KAPITAL BANK OJSC KASIKORNBANK PUBLIC COMPANY LIMITED KASIKORNBANK Public Co.Ltd (CI) KAUPTHING BANK HF FIH Erhvervsbank A/S KAZAGROFINANCE, JSC KAZAKHSTAN MORTGAGE COMPANY JSC KAZINVESTBANK KAZKOMMERTSBANK KBC GROUP NV Absolut Bank KBC Bank N.V. Ceskoslovenska Obchodni Banka Ceskoslovenska obchodna banka KBC Bank Ireland PLC KBC Dublin Capital Plc KBC Financial Prod. Int'l VI Ltd KBC Financial Products Int'l Ltd KBC IFIMA N.V. KBC International Finance N.V. Kereskedelmi & Hitel Bank Rt. Kredietbank North Amer. Fin Corp Kredyt Bank S.A. Nova Ljubljanska banka d.d. NLB InterFinanz AG KEDR BANK KEYCORP KeyBank National Association Key Equipment Finance Inc. KHAN BANK LLC KHRESCHATYK BANK KIT FINANCE INVESTMENT BANK KIYO BANK, LTD. KOC FINANCIAL SERVICES Yapi ve Kredi Bankasi AS KOOKMIN BANK KOREA DEVELOPMENT BANK Korea Development Bank, NY Br. KOREA EXCHANGE BANK
NEG NEG NEG NEG NEG NEG NEG NEG NEG NEG NEG NEG POS(m) STA STA(m) STA STA STA STA NEG STA STA STA RUR RUR STA STA STA STA(m) NEG STA NEG NEG(m) STA NEG(m) STA NEG NEG NEG NEG STA(m) STA STA STA STA STA STA STA STA STA STA RUR STA STA(m) STA(m) NEG(m) NEG(m) STA(m)
Aaa Aaa Aaa Aaa Aaa Aaa Aa2 Baa3 B1 Baa1 B2 Aa3 Aa2 B1 Baa1 Caa1 A2 B2 Ba1 Baa3 Aa2 A1 A2 A1 A3 A2 Aa3 B2 A1 B2 B2 Caa2 Baa1 B1 A2 A2 A2
B+ D E+ D E+ B BE+ D+ E C E+ D DBC D C C D C E+ B D E+ E D D+ C D C-
Aaa Aaa Aaa Aaa Aaa Aaa Baa3 A3 Aa3 Aa2 Caa2 A2 Aa3 Baa3 Aa2 A1 Aa2 Aa2 Aa2 Aa2 A2 A1 Ba2 Aa3 Aa3 A2
Aaa Aa1 Aa1 Aaa Aa1 Baa1 A1 Aa3 Baa1 C A3 Baa2 Baa1 Ba2 Aa3 Aa3 A2 Aa3 Aa3 A1 A3 A3 A2 A2 A1 A2 Ba1 Ba2 A1 (P)A3
P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-3 NP P-2 NP P-1 P-1 NP P-2 NP P-1 P-2 NP NP P-1 P-3 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 NP P-1 P-1 NP NP NP P-2 NP P-1 P-1 P-1 P-1

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
KREDITANSTALT FUER WIEDERAUFBAU Deutsche Ausgleichsbank KFW Int'l Finance, Inc. KfW IPEX-Bank GmbH KREDITPROMBANK KREISSPARKASSE KOELN KRUNG THAI BANK Krung Thai Bank, Singapore Br. KUWAIT FINANCE HOUSE LAND BANK OF TAIWAN LAND BANK OF THE PHILIPPINES LANDESBANK BADEN-WUERTTEMBERG Landesbank Baden-Wuerttemberg, New York Branch LANDESBANK SACHSEN AG Sachsen LB Europe PLC Landeskreditbank Baden-Wuert. LB Baden-Wuerttemberg Capl Mkts LRP Landesbank Rheinland-Pfalz LANDESBANK BADEN-WUERTTEMBERG, SINGAPORE BRANCH LANDESBANK BERLIN HOLDING AG Landesbank Berlin AG Landesbank Berlin, London Br. LBB Finance (Ireland) plc LANDESBANK HESSEN-THUERINGEN GZ Helaba Finance B.V. Helaba Int'l. Finance Plc Landesbank Hessen-Thuerin., NY Main Capital Fund. Ltd Part. Main Capital Fund. II Ltd Part. LANDESGIROKASSE STUTTGART LANDESKREDITBANK BADEN-WUERTTEMBERG - FOERDERBANK LANDSBANKI ISLANDS HF LANDSHYPOTEK AB (PUBL) LANDWIRTSCHAFTLICHE RENTENBANK LATVIJAS KRAJBANKA A/S LAURITZEN CORPORATION LEASEPLAN CORPORATION N.V. Lease Plan New Zealand Limited LEEDS BUILDING SOCIETY LEHMAN BROTHERS HOLDINGS INC. Lehman Brothers Commercial Bank LF INSURANCE GROUP LFA FOERDERBANK BAYERN LGT BANK IN LIECHTENSTEIN AG LGT Finance Limited LICO LEASING, S.A. LLOYDS TSB GROUP PLC Lloyds TSB Bank Plc Cheltenham & Gloucester plc Lloyds TSB Bank plc (Uruguay) Lloyds TSB Offshore Limited LOCKO-BANK M&T BANK CORPORATION Manufacturers & Traders Tr Co MACQUARIE GROUP LIMITED Macquarie CPS Trust Macquarie Financial Holdings Ltd Macquarie International Fin Ltd MALAYAN BANKING BERHAD
STA NOO STA STA STA STA STA STA STA STA STA(m) STA STA NEG(m) NEG(m) NOO STA NOO NEG STA STA STA STA STA STA STA STA STA NOO STA RUR STA STA NEG RUR STA STA RUR RUR STA STA STA STA RUR RUR RUR STA(m) RUR STA STA STA NEG NEG NEG NEG STA(m)
Aaa Aa3 B2 Aa2 Baa1 Baa1 Aa3 Aa3 B1 Aa1 Aa1 Aa1 A1 Aa2 Aa2 Aaa Caa1 A2 Aaa Ba2 A2 B3 Aaa Aa3 A2 Aaa Aaa B2 Aa2 B2 A1 A3
CE+ C D CD DC E D+ C E C+ D C C+ B B+ B+ C E+ B C
Aaa Aaa Aaa Aa2 Aa1 Aa1 Aa1 Aaa Aaa Aaa Aa1 Aa1 A1 A1 Aa1 Aa2 Aaa Aaa Aaa Aaa Caa2 Aaa A3 A2 B3 Aaa Aa3 Aa3 Aa1 Aaa Aaa B2 A2 A2 A2
Aa2 Aaa Aa2 Aa1 Aaa Aa2 Aa2 A2 A1 A2 Aa1 Aa3 Aaa Aaa C Caa2 Aaa Baa1 A3 A3 Caa2 B3 Aa3 Aa2 Aa1 Aa1 Aaa (P)A3 A2 A2 A1 A3 A2 A2 A3 A2 A3
P-1 P-1 P-1 P-1 NP P-1 P-2 P-1 P-1 NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 NP P-1 P-1 NP P-2 P-2 P-1 NP NP P-1 P-1 P-1 P-1 P-1 NP P-1 NP P-1 P-1 P-1 P-1 P-1

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
MBB Sukuk Inc MARFIN EGNATIA BANK SA MARFIN POPULAR BANK PUBLIC COMPANY LTD. MARSHALL & ILSLEY CORPORATION M&I LLC M&I Bank FSB M&I Marshall & Ilsley Bank M&I Marshall & Ilsley Inv.II Co. MASHREQBANK PSC MAURITIUS COMMERCIAL BANK LIMITED MBA BANCO DE INVERSIONES S.A. MCB BANK LIMITED MDM FINANCIAL GROUP MDM Bank MEDIOCREDITO TRENTINO-ALTO ADIGE S.P.A. MEGA FINANCIAL HOLDING CO., LTD Mega Int'l Commercial Bank MELIORBANCA S.P.A. MEMBERS UNITED CORPORATE FEDERAL CREDIT UNION MERCANTIL SERVICIOS FINANCIEROS Mercantil, C.A., Banco Univ MERRILL LYNCH & CO., INC. Merrill Lynch Bank & Trust Co Merrill Lynch Bank USA METALLINVESTBANK JSCB METKOMBANK METROPOLITAN BANK AND TRUST COMPANY MFB HUNGARIAN DEVELOPMENT BANK LTD. MITSUBISHI UFJ FINANCIAL GROUP, INC. Bank of Tokyo-Mitsubishi UFJ Bank of Tokyo-Mit. UFJ (MX) Bank of Tokyo-Mitsu. UFJ Ltd. HK Bank of Tokyo-Mitsub.UFJ Trust Bk of Tokyo-Mitsubishi UFJ, Ltd. BTMU (Curacao) Holdings N.V. UnionBanCal Comm. Fund. Corp. UnionBanCal Corporation Union Bank of California, N.A. Mitsubishi UFJ Secs Co., Ltd. Mitsubishi UFJ Secs (HK) Capital Mitsubishi UFJ Secs Int'l plc Mitsubishi UFJ Trt & Bank. Corp. Mitsubishi UFJ Trust Int. Ltd UFJ Trust Bank Limited MUFG Capital Finance 6 Limited MUFG Capital Finance 7 Limited UFJ Bank Limited MIZRAHI TEFAHOT BANK MIZUHO FINANCIAL GROUP, INC. Mizuho Trust & Banking Co., Ltd. Mizuho TB (Aruba) A.E.C. Trust & Custody Services Bank MKB UNIONBANK AD MORGAN STANLEY Bank Morgan Stanley AG Morgan Stanley Bank AG Morgan Stanley Bank Int''l Ltd. Morgan Stanley Bank, N.A. MORTGAGE AND LAND BANK OF LATVIA
STA STA STA NEG NEG NEG NEG NEG STA STA STA RUR STA STA STA STA RUR STA STA(m) RUR RUR RUR NEG(m) STA STA(m) STA(m) NEG STA NEG NEG NEG NEG STA STA STA NEG NEG NEG NEG NEG NEG NEG NEG NEG STA NEG NEG NEG NEG STA RUR STA RUR RUR RUR NEG
Baa1 A3 Aa3 Aa3 A2 Baa2 Caa1 B3 Ba1 Aa3 A1 Baa3 B3 A2 A2 B2 B3 B1 A3 Aa2 Aa2 Aa2 Aa2 Aa3 Aa2 Aa2 A1 Aa2 Aa2 Ba1 A1 A1 A1 A1 A3
D+ C B B CD+ DD D+ C CD+ D C+ C+ E+ E+ D C D C B C C C C D C+ BBBD-
A3 A1 A1 Aa3 A2 Ba1 A2 A2 Aa1 Aa2 Aa2 Aa3 Aa2 Aa2 Aa2 A1
A3 Baa1 A2 A2 A1 A3 Ba2 A3 A3 Baa3 Aa3 Aa3 A2 A1 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 A2
Aa3 Aa3 Baa1 A3 A2 A2 A2 Aa2 Aa2 Aa3 Aa2 Aa2 Aa2 A1 A1 A1 A1
P-2 P-1 P-1 P-1 P-1 P-1 P-2 NP NP NP P-1 P-1 P-3 P-1 NP P-1 P-1 NP NP NP P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 NP P-1 P-1 P-1 P-1 P-1 P-2

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
MOSCOW BANK FOR RECONSTRUCTION & DEVELOPMENT MOSCOW CAPITAL BANK MOSCOW MORTGAGE AGENCY MUENCHENER HYPOTHEKENBANK EG GFW Capital GmbH MY BANK NACIONAL FINANCIERA, S.N.C. Nacional Financiera (Cayman) NATIONAL AGRICULTURAL COOPERATIVE FEDERATION NATIONAL AUSTRALIA BANK LIMITED Bank of New Zealand BNZ Income Securities Limited BNZ Int'l Funding Ltd, London Clydesdale Bank plc National Australia Bk, NY Br. National Capital Trust III NATIONAL BANK OF ABU DHABI NATIONAL BANK OF BAHRAIN BSC NATIONAL BANK OF CANADA Natl Bank of Canada, NY Branch NB Capital Corporation NBC Asset Trust NATIONAL BANK OF EGYPT SAE NATIONAL BANK OF GREECE S.A. Finansbank AS Finans Finansal Kiralama A.S. NBG Finance plc NATIONAL BANK OF KUWAIT NATIONAL BANK OF OMAN LIMITED (SAOG) NATIONAL BANK OF PAKISTAN NATIONAL BANK OF RAS-AL-KHAIMAH NATIONAL BANK OF UZBEKISTAN NATIONAL BANK TRUST NATIONAL CITY CORPORATION Merchants National Corp National City Bank National City Bank, Indiana National City Bk of Pennsylvania National City Credit Corporation NATIONAL COMMERCIAL BANK NATIONAL FACTORING COMPANY NATIONAL RESERVE BANK NATIONAL STANDARD BANK NATIONWIDE BUILDING SOCIETY NATIXIS IXIS Corporate and Invest. Bank Natixis Commercial Paper Corp. NATIXIS Structured Products Ltd NBP Preferred Capital I, L.L.C. NATSIONALNY KOSMICHESKY BANK OAO (NK BANK) NBD BANK NEW YORK COMMUNITY BANCORP, INC. New York Community Bank NEWCASTLE BUILDING SOCIETY NEWCASTLE PERMANENT BUILDING SOCIETY NIBC BANK N.V. NOMOS BANK NORDDEUTSCHE LANDESBANK GZ Deutsche Hypothekenbank AG
RUR RUR STA STA STA STA STA STA STA NEG STA STA STA STA NEG NEG STA STA STA STA STA STA STA(m) STA STA STA STA STA STA RUR STA STA STA RUR RUR RUR RUR RUR RUR STA STA STA STA NEG STA(m) NOO STA STA STA STA STA STA STA STA NEG STA STA STA STA
B1 Caa2 Ba2 Aa3 B3 A2 Aa1 Aa2 Aa3 Aa3 A2 Aa2 Aa2 Ba2 Aa3 B1 Aa2 A3 B3 Baa1 B3 B1 A2 A1 B2 B2 Aa2 Aa3 B3 B2 A2 A2 A2 Baa1 Ba3 Aa2 Aa3
E+ E E+ C+ E+ D+ B C+ B C CB D C+ C BD+ D D+ E+ E+ C+ C E+ E+ E+ B C E+ E+ C+ C C+ CDCC-
B1 Aa3 B3 A1 A1 Aa1 Aa2 Aa2 Aa3 Aa1 Aa3 Aa2 Aa3 Baa1 B1 A3 A3 A2 A2 B3 Aa2 Aa3 Aaa Aa3 A2 Baa1 Ba3 Aa2 Aa3
B2 A1 A2 A2 Aa2 Aa3 Aa3 A1 Aa3 A1 Baa1 A3 A3 A3 Aa3 A1 Aaa A3 Baa2 B1 Aa3 A1
A1 Aa1 Aa2 Aa2 Aa2 Ba1 A2 Aa3 A3 A2
NP NP NP P-1 NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 NP P-1 NP P-1 P-2 NP P-2 NP NP P-1 P-2 P-1 NP NP NP P-1 P-1 P-1 P-1 NP NP P-1 P-1 P-1 P-2 NP P-1 P-1

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
Fuerstenberg Capital GmbH Fuerstenberg Capital II GmbH Nord/LB Finance (Curacao) N.V. Nord/LB GZ (Singapore Branch) Nord/LB Norddeutsche Sec. plc Norddeutsche Landesbank GZ, NY Norddeutsche Landesbank Lux. NORDEA BANK AB Nordea Bank Danmark A/S Nordea Bank Finland Plc Nordea Bank Finland Plc, NY Br Nordea Bank Norge ASA Nordea Hypotek AB (publ) Nordea North America, Inc. NORINCHUKIN BANK NORTHERN ROCK PLC NORTHERN TRUST CORPORATION Northern Trust Company NORVIK BANKA, JSC NORWICH & PETERBOROUGH BUILDING SOCIETY NOTTINGHAM BUILDING SOCIETY NOVA KREDITNA BANKA MARIBOR D.D. NRW.BANK NUEVO BANCO INDUSTRIAL DE AZUL S.A. NYKREDIT REALKREDIT A/S Nykredit Bank A/S ODDO & CIE OESTERREICHISCHE KONTROLLBANK AG OESTERREICHISCHE VOLKSBANKEN AG Investkredit Bank AG Investkredit Funding Ltd Investkredit Funding II Limited Kommunalkredit Austria AG Dexia Kommunalkredit Bank Kommunalkredit Int. Bank Ltd OGAKI KYORITSU BANK, LTD. OJSC OIL COMPANY ROSNEFT Russian Regional Develop. Bank Far Eastern Bank OLD MUTUAL PLC OLD NATIONAL BANCORP Old National Bank OMAN ARAB BANK (SAOC) OMAN INTERNATIONAL BANK (SAOG) OP-POHJOLA GROUP Pohjola Bank plc ORIENTAL BANK OF COMMERCE ORSZAGOS TAKAREKPENZTAR ES KERESKEDELMI BANK RT. DSK Bank PLC OTP Bank (Ukraine) OTP Banka Slovensko, a.s. (OBS) OTP Jelzalogbank Rt (OTP Mtge B) OSV - OSTDEUTSCHER SPARKASSENVERBAND OVERSEA-CHINESE BANKING CORP LTD PACIFIC CAPITAL BANCORP Pacific Capital Bank, N.A. PAN INDONESIA BANK TBK (P.T.) PAREX BANK PEOPLE'S UNITED FINANCIAL INC.
STA STA STA STA STA STA STA STA STA STA STA STA STA STA NEG DEV STA STA NEG STA STA STA STA STA STA STA NEG STA STA STA STA STA RUR RUR RUR STA STA STA STA RUR NEG NEG STA STA STA STA STA RUR STA STA RUR RUR STA STA NEG NEG STA(m) DEV(m) POS
Aa2 Aa3 Aa1 Aa1 Aa1 Aa1 Aa1 Aa2 A2 Aa3 Ba3 A2 A3 A1 Caa1 Aa3 Baa2 Aaa Aa3 A1 Aa3 A3 Ba1 Ba3 A1 A2 A3 Aa1 Ba2 A3 Baa3 B2 Baa1 A3 Aa1 A2 B1 Ba1
CB BB B C E+ B DC CCCE+ C+ C C C CCCD+ E+ E+ BCD+ B C+ D+ C+ D+ D DC+ B C+ D E+
Aa1 Aa1 Aa1 Aa3 Aa1 Aa1 Aa1 Aa1 Aa3 Aa2 A2 A1 Aa3 Aa1 Aa3 Baa2 Aaa Aa3 A1 Aa3 A2 A1 A3 A2 A1 Aa1 Aa3 Ba1
A1 A1 Aa1 Aa1 Aa2 Aa2 Aa1 Aa2 Aa1 Aa2 Aa2 A1 Aa2 B1 (P)A2 A1 A1 Aa3 A2 Aa1 Aa1 A1 Aa3 A1 Baa3 Baa2 A1 Aa3 A2 A1 A3 A1 Baa1 Baa2 A3 A3 A2 A1 Aa2 Aa1 A1 Aa3 Aa2 A3 A2 A3
P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 NP P-1 P-2 P-1 P-1 NP P-1 P-1 P-3 P-1 P-1 P-1 P-1 P-1 P-1 P-2 NP NP P-2 P-1 P-1 P-2 P-1 NP P-2 P-3 NP P-2 P-2 P-1 P-1 NP NP P-2

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
People's United Bank PETERSBURG SOCIAL COMMERCIAL BANK PETROCOMMERCE BANK PEUGEOT S.A. Banque PSA Finance Peugeot Finance International NV PSA Finance Argentina Comp.Fin. PHILIPPINE NATIONAL BANK PIRAEUS BANK S.A. Piraeus Bank Bulgaria AD Piraeus Group Finance Plc PIVDENNYI BANK, JSCB PNC FINANCIAL SERVICES GROUP, INC. PNC Bank, N.A. Mercantile Bankshares Corp. Riggs National Corporation PNC Funding Corporation PNC Preferred Funding Trust II PNC Preferred Funding Trust III POPULAR, INC. Banco Popular de Puerto Rico PORTMAN BUILDING SOCIETY POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI S.A. PRAVEX-BANK JOINT-STOCK COMMERCIAL BANK PRINCIPALITY BUILDING SOCIETY PRIVADO HOLDING SGPS, S.A. Banco Privado Portugues S.A. PRIVATBANK PRIVATBANK AS PRIVATBANKA A.S. PROMINVESTBANK PROMSVYAZBANK PRUDENTIAL BANK, S.A. PRUDENTIAL FINANCIAL, INC. PT BANK LIPPO TBK PT BANK NIAGA TBK PUBLIC BANK BERHAD Public Bank (Hong Kong) Limited PUNJAB NATIONAL BANK PUSAN BANK QATAR NATIONAL BANK RABOBANK NEDERLAND Rabo Australia Ltd. Rabo Financial Products B.V. Rabobank Australia Limited Rabobank Curacao N.V. Rabobank Int'l Equity Deriv. Rabobank Ireland plc Rabobank Nederland, Australia Br Rabobank Nederland, HK Branch Rabobank Nederland, Netherlands Rabobank Nederland, NY Branch Rabobank Nederland, NZ Branch Rabobank Nederland, Paris Branch Rabobank Nederland, Singapore Br Rabobank USA Financial Corp. Rabohypotheekbank N.V. RI Financial Structures B.V. RABOBANK POLSKA SA
POS STA STA STA RUR RUR STA STA(m) STA STA STA STA NEG NEG NEG NEG NEG NEG NEG NEG NEG STA STA STA RUR RUR STA STA STA RUR STA STA STA STA STA STA STA STA STA(m) STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA
A2 B3 Ba3 A3 Caa1 B1 A1 Baa3 B2 Aa3 A2 A2 B2 A2 Ba2 B2 B1 B2 Caa2 Ba2 Ba2 B1 B1 A3 A3 Ba2 A2 Aa3 Aaa Aaa Aaa Aaa
C+ E+ D C E+ E+ C D E+ B C+ C E+ C D DE+ E+ E D E+ D D C CD+ CCB+
Ba3 A3 A3 Ba3 A1 A1 B2 Aa3 A1 A3 Aa2 Aa2 Ba2 A2 Ba3 Ba2 A3 Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa Aaa
A3 A2 Baa2 Baa1 Ba2 A2 A2 (P)A2 A1 A1 Aa3 A2 A2 A2 Baa1 A2 Aa3 Aa3 A3 Ba3 Ba3 Baa1 A3 Ba2 Ba2 Ba2 Ba2 A3 A3 Aa1 Aaa Aa1 Aa1 Aa1 Aa1
P-1 NP NP P-2 P-2 P-2 NP NP P-1 P-3 P-1 NP P-1 P-1 P-1 P-1 NP P-1 NP NP NP NP NP NP NP P-2 NP NP P-1 P-1 NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
RAIFFEISEN ZENTRALBANK OESTERREICH AG RAIFFEISEN-GRUPPE Raiffeisen Schweiz RAIFFEISENLANDESBANK NIEDEROESTERREICH - WIEN RAIFFEISENLANDESBANK OBEROESTERREICH AKTIENGESELLS RASHID HUSSAIN BERHAD RBC DEXIA INVESTOR SERVICES LIMITED REGIONS FINANCIAL CORPORATION Regions Bank Regions Asset Mgmt. Co., Inc. Union Planters Corporation Union Planters Bank, N.A. Union_Planters_Pfd Funding_Corp. RENAISSANCE CAPITAL HOLDINGS LTD Comm. Bk "Renaissance Cap", LLC RENAULT S.A. RCI Banque Diac Overlease S.A. RCI Banque Sucursal Argentina Renault Autofin S.A. RESERVE INVEST CYPRUS RESONA HOLDINGS, INC. Asahi Bank, Ltd. Asahi Finance (Cayman) Ltd. Kinki Osaka Bank, Ltd. (The) Resona Bank, Ltd. Daiwa Int'l Finance (Cayman) Daiwa PB Limited Resona Prf. Gbl Secs (Cayman) Resona Trust & Banking Company Saitama Resona Bank, Ltd. RINGKJOBING LANDBOBANK A/S RIYAD BANK RIZAL COMMERCIAL BANK CORP. RODOVID BANK ROSDORBANK ROSEVROBANK ROSPROMBANK ROSSIYSKIY KREDIT BANK ROYAL BANK OF CANADA RBC Capital Trust Royal Bank of Canada (London) Royal Bank of Canada (New York) Royal Bank of Canada (Sydney Br) Royal Trust Corp. of Canada ROYAL BANK OF SCOTLAND GROUP PLC National Westminster Bank PLC Ulster Bank Limited First Active plc First Active Treasury PLC Ulster Bank Ireland Limited Royal Bank of Scotland plc Royal Bank of Scotland, N.Y. Royal Bank of Scotland,Australia Royal Bank of Scotland, Tokyo Br RUSFINANCE BANK RUSS-BANK, OJSC RUSSIAN AGRICULTURAL BANK
STA STA STA STA STA NEG NEG NEG NEG NEG NEG RUR RUR STA RUR RUR RUR RUR RUR RUR STA STA STA STA STA STA STA STA STA STA STA STA STA(m) RUR STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA NOO STA STA POS
Aa2 Aa1 Aa3 Aa3 A1 B1 A3 A1 A1 A1 A1 A1 A1 B1 B3 B3 B1 B3 Caa1 Aaa Aaa Aaa Aaa Aa1 Aa2 Aa2 Aa2 Aa1 Aa1 Baa2 B2 Baa1
C C+ C C B E+ C D D+ C+ D C+ C DE+ E+ E+ E+ E B+ B+ B C+ C C+ B E+ E+ E+
NR Aa1 A2 A1 A2 B1 A3 A3 A3 A3 (P)A1 Ba3 B3 B1 Aaa Aaa Aaa Aa2 Aa1 Aa2 Aa2 Aa2 Aa1 Aa1 A3
Aa3 NR A3 A2 A3 A2 Baa1 A3 A2 A2 A2 A2 A2 A2 Aa1 Aa1 Aa3 Aa2 Aa3 Aa3 Aa2 Aa2 Baa1
Aa2 Aa3 Aa3 Aa3 A2 A1 Ba3 Ba1 B3 Aaa Aa1 Aa2
P-1 P-1 P-1 P-1 P-1 P-1 NP NP P-2 P-2 P-2 P-2 P-1 P-1 P-1 P-1 P-1 P-1 NP NP NP NP NP NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 NP P-2

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
RUSSIAN BANK FOR DEVELOPMENT RUSSIAN INTERNATIONAL BANK RUSSIAN STANDARD BANK RUSSLAVBANK SAMBA FINANCIAL GROUP SAN-IN GODO BANK, LTD. SAUDI BRITISH BANK SAUDI HOLLANDI BANK SAUDI INVESTMENT BANK SAVINGS BANK OF UKRAINE SB SBERBANK JSC SBERBANK SCARBOROUGH BUILDING SOCIETY SEB SEB (NY) SEB AG SEIMAR ALLIANCE FINANCIAL CORPORATION, JSC Alliance Bank SHANGHAI COMMERCIAL BANK SHANGHAI PUDONG DEVELOPMENT BANK SHENZHEN DEVELOPMENT BANK CO., LTD SHINHAN FINANCIAL GROUP CO., LTD. Shinhan Bank Shinhan Bank, New York Branch SHINKIN CENTRAL BANK SHINSEI BANK, LIMITED Shinsei Bank Finance N.V. SHIZUOKA BANK, LTD. SHOKO CHUKIN BANK, LTD. SIAM CITY BANK PUBLIC COMPANY LIMITED Siam City Bank Public Co Ltd, CI SIAM COMMERCIAL BANK PUBLIC COMPANY LIMITED Siam Commercial Bank (Singapore) SIAULIU BANKAS, AB SINOPAC HOLDINGS Bank Sinopac SIX SECURITIES GROUP LTD. SIX SIS Ltd SIX x-clear Ltd SKB-BANK SKIPTON BUILDING SOCIETY SMFG PREFERRED CAPITAL USD 2 LIMITED SMP BANK SNS REAAL N.V. SNS Bank N.V. SOBINBANK SOCIETE GENERALE BRD - Groupe Societe Generale DeltaCredit Bank General Bank of Greece S.A. Komercni Banka a.s. SG Australia Ltd SGA Societe Generale Accept. Societe Generale Australia Societe Generale N. America, Inc Societe Generale, NY Branch SOCIETE TUNISIENNE DE BANQUE SOLIDARNOST SOUTH FINANCIAL GROUP, INC. (THE)
RUR STA NEG STA STA(m) STA STA(m) STA STA STA STA STA(m) RUR STA STA NEG RUR RUR STA STA STA STA(m) STA NEG STA STA STA NEG(m) STA STA STA STA NEG STA STA STA STA STA STA(m) STA STA NEG NEG POS(m) STA(m) STA STA STA STA(m) STA STA STA STA STA STA NEG
Baa2 B3 Ba2 B3 A1 A2 A1 A1 A2 B2 Ba2 Baa1 A3 Aa2 Aa2 A1 Ba2 A2 Ba1 Ba2 A2 Aa2 A3 Aa3 Aaa Baa2 Baa1 Ba2 Baa1 Aa1 Aa1 B2 A2 B3 A1 B3 Aa2 Baa3 Baa1 A3 A1 Aa2 Baa2 B3
E+ E+ D E+ C+ CC+ CCE+ E+ D+ CB C E+ C+ D D C C+ D+ C+ D D D+ D D+ B+ B+ E+ C+ E+ C+ E+ BD+ D D+ C E+ E+
Ba2 NR Ba1 A2 Aa2 Aa2 Ba2 A1 Aa2 A3 Aa3 Aaa Baa2 A3 A2 A3 A1 Aa2 Aa2 Aa2 Aa2
Ba3 A2 Baa2 Aa3 Ba3 A2 Baa1 Baa1 Baa3 A3 Baa1 A2 Aa3 Aa3 Aa3
Aa2 Ba3 Aa3 Baa2
P-2 NP NP NP P-1 P-1 P-1 P-1 P-1 NP NP P-2 P-2 P-1 P-1 NP NP P-1 NP NP P-1 P-1 P-1 P-2 P-1 P-1 P-3 P-3 P-2 NP P-2 P-1 P-1 NP P-1 NP P-2 P-1 NP P-1 P-3 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 NP

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
Carolina First Bank SOVCOMBANK SOVEREIGN BANCORP, INC. Independence Community Bank Corp Independence Community Bank Sovereign Bank SPAR NORD BANK A/S SPAREBANK 1 GRUPPEN AS SPAREBANK 1 NORD-NORGE SPAREBANK 1 SMN SPAREBANK 1 SR-BANK SPAREBANKEN OEST SPAREBANKEN VEST SPARKASSE AACHEN SPARKASSE KOELNBONN SPARKASSE SPREE-NEISSE SPARKASSEN-FINANZGRUPPE ST. GALLER KANTONALBANK ST.GEORGE BANK LIMITED STADTSPARKASSE DUESSELDORF STANDARD BANK GROUP Standard Bank of South Africa Standard International Holdings Standard Bank Plc Standard Bank Argentina S.A. STANDARD CHARTERED PLC American Express Bank Ltd. Standard Chartered Bank Bank Permata TBK (P.T.) Stand. Charter. B (Thai) Pblc Co Standard Chart. 1st Bk Korea Ltd Standard Chartered Bank (HK) Ltd Standard Chartered Bank Malaysia Standard Chartered Bank, Tokyo STANDARD LIFE PLC STATE BANK OF INDIA State Bank of India, London State Bank of India, Nassau Br STATE BANK OF MAURITIUS LTD. STATE STREET CORPORATION State Street Bank and Trust Co. STOREBRAND GROUP STROYKREDIT BANK SUBSIDIARY BANK SBERBANK OF RUSSIA SUDOSTROITELNY BANK SUHYUP BANK SUMITOMO MITSUI FINANCIAL GROUP, INC SMFG Preferred Capital GBP 1 Ltd SMFG Preferred Capital GBP 2 Ltd SMFG Preferred Capital JPY 1 Ltd SMFG Preferred Capital USD 1 Ltd SMFG Preferred Capital USD 3 Ltd Sumitomo Mitsui Banking Corp. Kansai Urban Banking Corporation Minato Bank, Ltd (The) SMBC Capital Markets, Inc. SMBC International Finance N.V. Sumitomo Bank, Ltd. Sumitomo Finance (Asia) Ltd.
NEG(m) STA RUR RUR RUR RUR STA STA NEG NEG NEG NEG(m) STA STA STA STA NOO STA RUR STA STA(m) STA STA STA(m) STA STA STA STA(m) STA STA STA STA STA STA STA STA STA STA NEG NEG STA STA STA STA STA STA STA STA STA STA STA NEG STA STA STA STA
Baa1 B3 Baa1 A1 Aa3 Aa3 Aa3 A1 A1 Aa2 Aa2 Aa2 Aa1 Aa2 Aa1 Baa1 A3 Caa1 A2 B1 Baa1 A2 Aa3 A3 Ba2 Baa2 Aa1 B3 B2 B3 A2 Aa2 Aa2 Aa2
CE+ CC C+ C+ C+ CC C+ C C+ BBB C+ C+ CD C+ DD+ D+ BC C C B+ E+ E+ E+ D C D D
Baa1 Baa2 (P)Baa3 Baa2 Baa2 Baa2 Baa1 A1 A2 A3 Aa3 A1 Aa3 A1 Aa3 Aa3 A1 Aa3 A1 A2 Aa2 Aa3 Aa2 NR Aa2 Aa3 Aa2 Aa1 Baa1 A3 Baa1 A3 Baa1 A2 A3 A2 A2 A3 A3 A2 A3 Aa3 A1 Aa3 A3 Baa2 Baa2 Baa2 Baa2 Baa2 Baa2 Baa1 Aa3 A1 Aa1 Aa2 Aa1 Ba2 A2 A3 Aa2 Aa3 Aa2 (P)Aa2 Aa3 Aa2 Aa3 Aa2 Aa3 Aa2
P-2 NP P-2 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-2 NP NR P-1 P-1 NP P-2 P-1 P-1 P-1 P-1 NP P-3 P-2 P-1 P-1 NP NP NP P-1 P-1 P-1 P-1 P-1 P-1

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
Sumitomo Mitsui Banking Europe Sumitomo Mitsui Bkg Corp., NY Br Sumitomo Mitsui Fin. Austrl Ltd SUMITOMO TRUST AND BANKING CO., LTD. STB Finance Cayman Ltd. STB Preferred Cap 4(Cayman)Ltd Sumitomo Trust & Bnk. Co. (US) SUNCORP CORPORATE CREDIT UNION SUNCORP-METWAY LTD. Promina Group Limited SUNTRUST BANKS, INC. National Commerce Financial Corp SURUGA BANK, LTD. SUSQUEHANNA BANCSHARES, INC. Susquehanna Bank PA SVB FINANCIAL GROUP Silicon Valley Bank SVENSKA HANDELSBANKEN AB Stadshypotek AB Stadshypotek Delaware, Inc. Svenska Handelsbanken, Inc. Svenska Handelsbanken, NY Branch SWEDBANK AB AS Hansapank Swedbank Invest Swedbank Mortgage AB Swedbank OJSC SWEDISH EXPORT CREDIT CORPORATION SWEDISH HOUSING FINANCE CORPORATION (SBAB) SYDBANK A/S SYNDICATE BANK SYNOVUS FINANCIAL CORP. Columbus Bank & Trust Co. First Commercial Bank T.C. ZIRAAT BANKASI TAISHIN FINANCIAL HOLDING COMPANY Taishin International Bank TAIWAN COOPERATIVE BANK TAMWEEL PJSC TATFONDBANK JOINT-STOCK INVESTMENT COMMERCIAL BANK TBC BANK TCF FINANCIAL CORPORATION TCF National Bank TECHCOMBANK TECHNIKABANK TEMIRBANK TMB BANK PUBLIC COMPANY LIMITED TMB Bank Public Co. Ltd (CI) TORONTO-DOMINION BANK (THE) TD Banknorth Inc TD Bank, N.A. Northgroup Preferred Capital TD Capital Trust III TD North America L.P. Toronto Dominion Global Finance Toronto-Dominion Bank, NY TOYOTA MOTOR CORPORATION TRADE AND DEVELOPMENT BANK OF MONGOLIA LLC TRANSCAPITALBANK JSC BANK
STA STA STA STA STA STA STA STA RUR RUR STA STA STA NEG NEG STA STA STA STA STA STA STA NEG NEG STA NEG STA STA NEG STA STA STA STA STA STA RUR RUR STA STA RUR NEG STA STA(m) NEG STA STA STA STA STA STA STA STA STA STA STA STA STA STA
Aa2 Aa3 Aa3 A3 A3 A2 Aa1 Aa1 Aa3 A1 B2 B2 Aa3 Ba2 A2 A2 B1 Baa1 A2 B2 B3 A1 B1 B2 Ba3 Baa2 Aaa Aa2 Aaa B2 B1
C C B D+ C C+ B C+ CE+ E+ C+ D+ C+ C+ D+ D+ D E+ D BDE+ E+ D B+ B DE+
Aa2 Aa3 A1 (P)A1 A3 A2 Aa1 Aa3 A1 Ba2 Aa3 Aa1 A1 Aa3 B2 B2 Aaa Aaa Aaa Aaa Aaa Ba2 B1
Aa3 A1 A1 Aa3 A1 Aa3 A2 A2 A1 (P)A2 A1 Baa2 A3 A3 A3 A2 Aa2 Aa1 A1 Aa3 A2 A1 Aa3 Aa2 Aa1 A2 A1 A1 Baa1 A2 Baa3 Baa1 A3 A2 A1 Ba2 Aa1 Aaa A1 Aa2 Aa2 Aaa Ba2 Ba2 B2
P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 NP P-1 NP P-1 P-1 P-1 NP P-1 P-1 NP P-2 P-1 P-2 NP NP P-1 NP NP NP P-2 P-1 P-1 P-1 P-1 NP NP

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
TRANSCREDITBANK TRASTA KOMERCBANKA TRUST INVESTMENT BANK TRUSTMARK CORPORATION Trustmark National Bank TSESNA BANK TUMENENERGOBANK TURKIYE GARANTI BANKASI AS GarantiBank International N.V. TURKIYE IS BANKASI AS TURKIYE SINAI KALKINMA BANKASI A.S. TURKIYE VAKIFLAR BANKASI TAO TURON JOINT-STOCK COMMERCIAL BANK U.S. BANCORP Firstar Realty LLC U.S. Bank National Assoc. ND U.S. Bank National Association U.S. Bank Nat. Ass., Canada Br. USB Realty Corp. U.S. CENTRAL FEDERAL CREDIT UNION UBS AG UBS AG, Australian Branch UBS AG, Jersey Branch UBS AG, London Branch UBS AG, New York Branch UBS AG, Stamford Branch UBS Americas, Inc. UBS DEUTSCHLAND AG UBS Finance (Delaware), LLC. UBS Limited UCBH HOLDINGS, INC. United Commercial Bank UKREXIMBANK UKRGASBANK UKRGAZPROMBANK UKRPROMBANK UMB FINANCIAL CORPORATION UMB Bank, N.A. UNIAO DE BANCOS BRASILEIROS S.A. (UNIBANCO) Uniao de Bancos Brasil., GC Br. UNIASTRUM BANK UNIBANCA S.P.A UNIBANK COMMERCIAL BANK UNICAJA UNICREDIT SPA ATF Bank Bank Polska Kasa Opieki SA Bayerische Hypo-und Vereinsbank Bayer Hypo-Und Vereinsbk, HK Br Bayerische Hypo-und Bank A.G. HypoVereins Finance N.V. Bayerische Hypo-Und Vereinsbank Bayerische Hypo-und Vereinsbank Bayerische Hypo-Ver. Singapore Bayerische Vereinsbank, Paris HVB Banque Luxembourg S.A. HVB U.S. Finance Inc. HypoVereinsbank O/S Fin. N.V. Capitalia S.p.A.
STA STA STA STA STA STA RUR STA STA STA(m) STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA NEG STA STA STA STA STA STA STA STA RUR STA POS(m) STA STA STA(m) NEG(m) STA STA STA STA NEG STA STA STA STA STA STA NOO
Ba1 B2 B1 A2 B1 Caa2 B1 A3 B1 B1 B1 B3 Aa1 Aa1 Aa2 Aa2 Aa2 A2 Baa2 B2 B2 B3 B2 A2 Ba2 B2 A3 B2 Aa3 Aa3 Ba1 A2 A1 A1 A3
DE+ E+ C+ E+ E CC D+ D+ D+ E+ AA B D+ CDE+ E+ E+ C+ B E+ CE+ BC+ DC C C
Ba1 B1 Aa2 Aa1 Aa1 Aa2 Aa2 Aa2 Aa2 Aa2 Aa2 Aa2 Aa2 Ba3 A3 Baa3 Baa3 A3 Aa3 Aa3 Baa2 A1 A1 A1 A2 A1 A1 A1 Aa2
A3 Baa1 Aa3 Aa2 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Ba3 Baa3 Baa1 A1 A1 Ba1 A2 A2 A2 A2 A2 A2 Aa3
A3 A2 Aa2 Aa1 Aa1 Aa2 Aa2 Aa2 Baa2 A2 A1 A3
NP NP NP P-1 NP NP NP P-2 NP NP NP NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-2 NP NP NP NP P-1 NP NP P-1 NP P-1 P-1 NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
Fineco S.p.A. UniCredit MedioCred Cen S.p.A. Locat S.p.A. Ukrsotsbank UniCredit Banca per la Casa UniCredit Bank Austria AG UniCredit Bank Slovakia a.s. UniCredit Luxembourg Finance UniCredito Italiano Delaware, Inc UniCredit Bank Ireland p.l.c. UniCredito Italiano Spa (Paris) Unicredito Italiano SpA, NY Zagrebacka banka d.d. UNION BANK OF INDIA Union Bank of India, HK Branch UNION NATIONAL BANK PJSC UNIONE DI BANCHE ITALIANE S.C.P.A. Banca Lombarda Piemontese SPA UNIPOL GRUPPO FINANZIARIO S.P.A. Unipol Banca S.p.A. UNITED BANK LTD. UNITED BANKSHARES, INC. UNITED COCONUT PLANTERS BANK UNITED GULF BANK B.S.C. UNITED OVERSEAS BANK LIMITED UOB (Thai) Public Company Ltd URAL BANK FOR RECONSTRUCTION AND DEVELOPMENT URSA BANK SibAcademFinance plc VAB BANK VALIANT HOLDINGS Valiant Bank AG VALLEY NATIONAL BANCORP Valley National Bank VIETNAM INTERNATIONAL BANK VNESHECONOMBANK VNESHPROMBANK VOLKSWAGEN AKTIENGESELLSCHAFT Volkswagen Bank GmbH VOLVOFINANS BANK AB VONTOBEL HOLDING AG VORARLBERGER LANDES- UND HYPOTHEKENBANK AG VOSTOCHNY EXPRESS BANK VOTORANTIM PARTICIPACOES S.A. Banco Votorantim S.A. Banco Votorantim S.A. Nassau Br VOZROZHDENIE BANK WACHOVIA CORPORATION Golden West Financial Corp. World Savings Bank, FSB SouthTrust Corporation SouthTrust Bank Wachovia Bank, N.A. Wachovia Corporation (Old) South Carolina National Corp. Wachovia Bank, N.A. (Old) Wachovia Preferred Funding Corp. WASHINGTON MUTUAL, INC. WEBSTER FINANCIAL CORPORATION
STA POS(m) STA STA STA STA STA STA STA STA STA STA STA(m) STA STA STA STA(m) NOO STA STA RUR STA RUR STA STA RUR STA STA STA STA STA STA(m) STA(m) STA POS STA NEG(m) STA STA STA POS(m) STA STA STA RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR STA
A2 B2 Aa3 Aa2 A2 Aa3 Aa3 Ba1 Ba2 A1 A1 Baa1 B3 B1 Baa3 Aa1 Baa1 B3 Ba3 B2 A1 A1 B1 Baa1 B3 A2 Baa1 Aa1 B3 Ba2 Ba3 Aa2 Aa2
C D C+ C+ D+ D+ D+ D+ C D+ D E D+ B D E+ D E+ C+ BDE+ E+ C+ C C E+ C D B B
Aa3 Ba3 Aa2 Aa3 Aa3 A2 Baa2 Baa2 A1 A1 A1 Ba3 Ba3 B2 NR A3 A2 Aa1 B3 Baa3 Baa3 A1 A1 Aa2 Aa2 A1 Aa3 Caa2 A3
Aa3 Aa3 A1 Baa2 Baa2 A2 A2 A3 Ba1 Aa2 B1 A2 A3 Aa2 A2 A2 Aa3 Aa3 A2 A2 C (P)Baa1
A1 A1 A1 Ba2 A3 A2 Baa3 A1 Aa2 Aa2 A3
P-1 P-1 NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 NP NP P-1 P-1 P-2 NP NP P-3 P-1 P-2 NP NP NP P-1 P-1 NP P-2 NP P-2 P-1 P-2 P-1 NP NP P-3 NP P-1 P-1 NR P-1 P-1

November 17, 2008
[1] LT [4] Outlook
Bank Deposits
Financial Strength
[2]
[3] Short-
term
Webster Bank N.A. WELLS FARGO & COMPANY Wells Fargo Financial, Inc. WEST BROMWICH BUILDING SOCIETY WESTERN ALLIANCE BANCORPORATION Bank of Nevada WESTERN CORPORATE FEDERAL CREDIT UNION WESTFAELISCH-LIPPISCHER SPARKASSEN- UND GIROVERBAN WESTLB AG Hybrid Capital Fund I Ltd Part. Hybrid Capital Funding II LP WestLB AG, New York Branch WestLB AG, Sydney Branch WestLB Covered Bond Bank WestLB Finance Curacao N.V. WESTPAC BANKING CORPORATION Westpac Banking Corp. (NY) Westpac Banking Corporation, HK Westpac Capital Corp. Westpac Europe Limited Westpac First Trust Westpac TPS Trust Westpac Trust Capital NZ Limited Westpac Trust Securities NZ Ltd. WestpacTrust Securities NZ WGZ BANK AG WESTDEUTSCHE GENOSSENSCHAFTS-ZENTRALBA WGZ Bank Ireland Plc WHITNEY HOLDING CORPORATION Whitney National Bank WILMINGTON TRUST CORPORATION Wilmington Trust Company WING HANG BANK, LIMITED WING LUNG BANK LIMITED WOORI BANK WOORI FINANCE HOLDINGS CO., LTD. Woori Investment & Sec Co., Ltd. XACBANK LLC YORKSHIRE BUILDING SOCIETY ZENIT BANK ZIONS BANCORPORATION Amegy Corporation Amegy Bank National Assoc. California Bank & Trust Nevada State Bank Zions First National Bank ZUERCHER KANTONALBANK ZURICH FINANCIAL SERVICES GROUP
STA RUR RUR STA NEG NEG STA STA NEG(m) NEG NEG NEG NEG NEG NEG STA STA STA STA STA STA STA STA STA STA STA STA NEG NEG STA STA STA STA STA(m) STA NEG STA NEG STA RUR RUR RUR RUR RUR RUR STA
A2 A3 Baa2 A2 A2 A2 Aa1 Aa1 Aa1 Aa3 A2 A2 A1 A2 A2 A2 B2 A2 Ba3 A2 A2 A2 A2 Aaa
C+ C C E+ E+ B C C C+ BC+ C+ C D C D C+ C+ C+ C+ C+
Aa1 Aa1 A3 Aa3 Aa3 A2 A2 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa3 (P)A2 A1 A2 Ba3 A3 Aaa
A3 Aa2 Aa2 Baa1 A3 Aa1 Aa1 Aa2 Aa2 Aa2 A3 A3 A3 A2 A3 Baa1
A2 Aa1 Aa1 Baa3 Baa2 Aa3 Aa1 Aa1 Aa3 A3 A2 A2 A1 A2 Baa1 Ba2 A3 A2 A2 A2 A2
P-1 P-1 P-2 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 NP P-1 NP P-2 P-1 P-1 P-1 P-1 P-1
Global Bank Ratings by Country

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Long-term Debt Senior Subord.
Issuer Rating
[3]
Shortterm
ANDORRA Banc Internacional D'Andorra S.A ARGENTINA ABN AMRO Bank N.V. (Argentina) Banco Cetelem Argentina S.A. Banco Ciudad de Buenos Aires Banco Columbia S.A. Banco Comafi S.A. Banco Credicoop Cooperativo Banco de Santiago del Estero Banco de Valores S.A. Banco del Tucuman S.A. Banco Finansur S.A. Banco Hipotecario S.A. Banco Itau Argentina S.A. Banco Macro S.A. Banco Patagonia S.A. Banco Piano S.A. Banco Santander Rio S.A. Banco Supervielle S.A. BNP Paribas (Argentina) HSBC Bank Argentina S.A. MBA Banco de Inversiones S.A. Nuevo Banco Bisel S.A. Nuevo Banco de La Rioja S.A. Nuevo Banco Industrial de Azul PSA Finance Argentina Comp.Fin. RCI Banque Sucursal Argentina Standard Bank Argentina S.A. Toyota Comp. Financ.de Argentina ARMENIA ACBA - Credit Agricole Anelik Bank CJSCo. Ardshininvestbank CJSC Armeconombank (Armenian EDBank) AUSTRALIA ABN AMRO Bank N.V., Australian B Adelaide Bank Limited AMP Bank Limited Arab Bank Australia Limited Australia and NZ Banking Group BA Australia Ltd. Bank of America, N.A.(Sydney Br) Bank of Queensland Limited Bank of Western Australia Ltd Barclays Bank PLC, Australia Br. Bendigo and Adelaide Bank Bk of Tokyo-Mitsubishi UFJ, Ltd. BOS International (Australia) BOS plc, Australia Branch Chase Manhattan Bank, Sydney Br. Citibank, N.A. (Sydney Branch) Citigroup Pty Limited Commonwealth Bank of Australia Dai-Ichi Kangyo Australia Ltd. Deutsche Australia Limited STA STA STA STA STA STA STA STA RUR NOO STA NEG RUR RUR NEG RUR RUR STA STA STA A2 A2 A3 Aa1 A2 Aa3 A2 Aa2 Aa1 Aa3 Aa1 CD+ D+ B C C C C+ B Aa2 A2 A2 A3 Aa1 Aaa NR Aa3 A2 Aa1 Aa1 Aaa Aa1 Aa3 Aa1 Aa2 Aa1 NR A3 Baa1 Aa2 A3 A1 NR Aa2 A2 A2 A3 Aa1 A2 Aa3 A2 Aa1 P-1 P-1 P-1 NR P-1 P-1 P-1 NR P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 STA NEG STA NEG Ba3 Ba3 Ba3 Ba3 DDDD NP NP NP NP STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA RUR STA(m) STA Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 DD E+ DD DD+ D E+ D D D D DD+ D D+ DD DE+ E+ DE+ Ba2 Ba1 B2 Ba1 (P)Ba1 Ba3 B2 B2 Ba1 NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP STA A2 C+ P-1

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
Deutsche Bank AG, Sydney Branch HBOS Treasury Services, Sydney Heritage Building Society Hongkong & Shanghai Bkg.(Sydney) HSBC Bank Australia Ltd HSBC Bank Plc Sydney Branch ING Bank (Australia) Ltd. Investec Bank (Australia) Ltd Lease Plan Australia Limited Macquarie Bank Limited Macquarie Financial Holdings Ltd Macquarie Group Limited Mizuho Corporate Bank,Ltd,Sydney National Australia Bank Ltd. Newcastle Perm. Building Society Rabobank Australia Limited Rabobank Nederland, Australia Br Royal Bank of Canada (Sydney Br) Royal Bank of Scotland,Australia St.George Bank Limited Sumitomo Mitsui Fin. Austrl Ltd Suncorp-Metway Ltd. UBS AG, Australian Branch WestLB AG, Sydney Branch Westpac Banking Corporation AUSTRIA BAWAG P.S.K. Creditanstalt AG Dexia Kommunalkredit Bank Erste Group Bank AG GiroCredit Bank AG Der Spark. Hypo Alpe-Adria-Bank Int'l AG Hypo Tirol Bank AG Intermarket Bank AG Investkredit Bank AG Kommunalkredit Austria AG Oesterreichische Kontrollbank AG Oesterreichische Postsparkasse Oesterreichische Volksbanken AG Pfand. der Oester. Landes-Hyp. Raiffeisen Zentralbank Oest. Raiffeisenlandesbank Oberoest.AG Raifflndsbnk Niederoesterreich UniCredit Bank Austria AG Vorarlberger Land-und Hypobk AG VTB Bank (Austria) AG AZERBAIJAN Bank Standard Int'l Bank of Azerbaijan JS Commerrcial Bank Respublika Kapital Bank OJSC Technikabank UniBank Commercial Bank BAHAMAS Banco Itau BBA (Nassau Branch) Banco Votorantim S.A. Nassau Br Credit Suisse (Nassau) Branch
STA NOO STA STA STA STA STA STA RUR NEG NEG NEG NEG NEG NEG STA STA STA STA RUR STA RUR STA NEG STA STA STA RUR STA STA RUR STA STA STA RUR STA STA STA STA STA STA STA STA STA STA STA STA(m) POS(m) STA NEG POS(m) STA STA STA
Aa1 A3 Aa2 Aa3 Aa1 Aa3 Baa1 A1 Aa1 A2 Aaa Aa2 Aa3 Aa1 Baa1 Aa3 A2 Aa1 A2 A1 Aa3 Aaa Aa3 Aa2 Aa3 Aa3 Aa2 Aa1 Baa2 B1 Ba2 B2 B1 B2 B2
C C C+ C C+ B C+ B B B D CC DC C C C C C C C C+ C D E+ E+ E+ E+ E+ E+
Aa1 Aa2 A3 Aa1 Aa3 Aa2 Baa1 A3 A1 A2 Aa2 Aa1 Aaa Aaa Aa1 Aa2 Aa2 Aa3 Aa2 Aa1 Aa1 Baa1 Aa2 A2 Aa3 Aa3 A2 Aa1 A1 Aa3 Aaa Aaa Aa3 Aaa NR Aa2 Aa1 B2 Baa3 Baa3 Aa1
Aa2 Baa1 NR A1 Baa2 A2 A3 Aa2 Aa1 Aa2 Aa3 A1 Aa3 Aa2 Baa2 Aa3 A3 A1 A1 A3 Aa2 A2 A1 A1 Aaa Aa3 NR Aa3 Aa2 Baa3 Aa2
A3 Aa1 Aa3 Aa3 Baa1 A1 A2 A2 Aa1 A2 Aa2 Aa3 Aa1 A2 Aa3 Aa2 Aa3 Aa3
P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 NP NP NP NP NP NP P-3 P-1

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
HSBC Markets (Bahamas) Limited State Bank of India, Nassau Br BAHRAIN BankMuscat International B.S.C. BBK B.S.C. ICICI Bank, Bahrain Branch National Bank of Bahrain BSC BAHRAIN - OFF SHORE Arab Banking Corporation B.S.C. Gulf International Bank BSC Investcorp Bank B.S.C. United Gulf Bank B.S.C. BELARUS Bank Moscow-Minsk Belagroprombank JSC Belarusbank JSSB Belinvestbank Belpromstroibank BELGIUM Dexia Bank Belgium Fortis Bank S.A./N.V. Fortis SA/NV ING Belgium SA/NV KBC Bank N.V. BERMUDA Bank of N.T. Butterfield & Son Ltd.(The) Bermuda Commercial Bank Limited BOLIVIA Banco BISA S.A. Banco de la Nacion Argentina Banco Economico S.A. (Bolivia) Banco Ganadero S.A. Banco Mercantil Santa Cruz S.A. Banco Nacional de Bolivia S.A. Banco Solidario S.A. (Bolivia) Fondo Financiero Privado Fassil BRAZIL Banco ABC Brasil S.A. Banco ABN AMRO Real S.A. Banco BBM S.A. Banco BGN S.A. Banco BMG S.A. Banco Bonsucesso S.A. Banco Bradesco S.A. Banco BVA S.A. Banco Citibank S.A. Banco Cruzeiro do Sul S.A. Banco do Brasil S.A. Banco Fibra S.A. Banco GMAC S.A. Banco Ibi S.A. - Banco Multiplo Banco Industrial do Brasil S.A. Banco Industrial e Comercial SA Banco Itau BBA S.A.
STA STA STA STA STA STA STA(m) NEG RUR RUR STA STA STA STA STA RUR RUR RUR STA NEG STA STA STA STA STA STA STA STA STA STA NEG(m) STA STA STA NEG(m) RUR STA STA STA RUR STA POS(m) RUR RUR STA STA STA
Baa2 A2 A2 A3 A2 Baa3 Baa3 B2 B2 B2 B2 B2 Aa3 A1 Aa2 Aa2 Aa3 Baa3 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Caa1 Ba2 Ba2 Ba2 Ba2 Ba2 Ba2 Ba2 B2 Ba2 Ba2 Ba2 Ba2 B3 Ba3 Ba3 Ba2 Ba2
D+ C CCCD+ D+ E+ E+ E+ E+ E+ CC BBC D+ D E+ E+ D DD E+ D+ C D+ DD+ D BE+ CD+ C D E+ DDD+ B-
Aa1 Baa2 A2 Baa2 Aa3 A1 Aa2 Ba1 Baa3 Baa3 Ba1 Baa3 Ba1 Baa3
Aa2 Baa2 A3 Baa2 A3 Ba1 A1 A2 Aa3 A1 B2 Ba2 Ba2
Baa2 Aa3 Baa3
P-1 P-2 P-1 P-1 P-2 P-1 P-3 P-3 NP NP NP NP NP P-1 P-1 P-1 P-1 P-1 P-3 NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
Banco Itau S.A. Banco Mercantil do Brasil S.A. Banco Modal S.A. Banco Nac. Desenv. Econ. Soc. Banco Nossa Caixa S.A. Banco PanAmericano S.A. Banco Paulista S.A. Banco Pine S.A. Banco Prosper S.A. Banco Ribeirao Preto S.A. (BRP) Banco Safra S.A. Banco Santander S.A. (Brazil) Banco Schahin S.A. Banco Sofisa S.A. Banco Votorantim S.A. Banif - Bnc. Inter. do Funchal Banif Banco de Inv (Brasil) SA BES Investimento do Brasil S.A. BFB Leasing S.A., Arrend.Merc. BNDES Participacoes SA-BNDESPAR Caixa Economica Federal (CAIXA) HSBC Bank Brasil-Banco Multiplo ING Bank N.V. - Sao Paulo ItauBank Leasing S.A. Uniao de Bancos Brasileiros S.A. BULGARIA BNP Paribas Personal Finance EAD Commercial Bank Investbank AD Corporate Commercial Bank AD DSK Bank PLC First Investment Bank AD International Asset Bank AD MKB Unionbank AD Piraeus Bank Bulgaria AD Raiffeisenbank (Bulgaria) EAD CAMBODIA ACLEDA Bank Plc Cambodian Public Bank CANADA Bank of Montreal Bank of Nova Scotia Barclays Bank of Canada BMO Subordinated Notes Trust BNP Paribas Canada Caisse Centrale Desjardins Canada Housing Trust No.1 Canadian Imperial Bank Commerce Capital Desjardins Inc. CIBC Mellon Trust Company FB Funding ING Bank of Canada J.P. Morgan Bank Canada JPMorgan Chase Bank, N.A. Montreal Trust Company of Canada National Bank of Canada Royal Bank of Canada Royal Trust Corp. of Canada
STA STA STA STA STA STA STA STA NEG(m) STA STA POS(m) STA STA STA STA STA STA STA STA STA STA STA STA STA POS STA STA STA STA POS STA STA STA STA STA STA STA NOO STA STA STA STA NEG STA STA STA STA NEG NEG STA STA STA STA
Ba2 Ba2 Ba3 Ba2 Ba2 Ba2 B1 Ba2 B1 Ba2 Ba2 Ba2 Ba3 Ba2 Ba2 Ba2 Ba2 Ba2 Ba2 Ba2 Ba2 Ba2 B2 Ba3 Baa3 Ba1 B1 Ba1 Baa3 Baa3 B3 B3 Aa1 Aa1 Aa1 Aa2 Aaa Aaa Aa1 Aa2 Aaa Aaa
BD D D+ D E+ D E+ D CCDD+ CDDD+ D+ C B E+ DD+ D E+ DDD+ D D+ B B C+ B B C B BB+ B+
Ba2 Baa3 Ba2 Ba3 Ba1 Baa3 A1 Baa3 Ba3 Aa1 Aa1 Aa1 Aaa Aa2 Aa2 Aa2 Aaa Aaa
Ba3 Ba3 B1 A2 A2 A2 Aa2 Aa1 Aa2 Aa2 Aa3 Aa3 Aa3 Aa1
A1 A1 A1 A1 Ba3 B1 B1 Aa1 Aa2 Aa2 Aaa
NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP P-3 NP NP NP P-3 P-3 NP NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
Societe Generale (Canada) Sumitomo Mitsui Bkg Co.of Canada TD Capital Trust III Toronto-Dominion Bank (The) U.S. Bank Nat. Ass., Canada Br. CAYMAN ISLANDS ADCB Finance (Cayman) Limited ADIB Sukuk Company Ltd. Banco BPI Cayman Ltd Banco BPI S.A. (Cayman) Banco Do Brasil S.A. (Cayman) Banco Espirito Santo, SA, CI Banco Industrial e Comercial Banco Itau S.A. (Cayman Isls) Banco Mercantil del NorteSA(CI) Bank Danamon Indonesia (CI) Bank Internasional Indo. (CI) Bank Mandiri Persero (PT),Cayman BBVA Bancomer, S.A. Grand Cayman BCL International Finance Ltd. BCP Finance Bank, Ltd. BCP Finance Company BES Finance Ltd. BPN - Cayman, Limited Caixa Catalunya Int'l Fin. Ltd. Caixa Econom. Montepio Geral, CI Caixa Geral de Depositos Finance Caixa Preference Limited Caja Laboral Finance Ltd. CKWH-UT2 Limited Crediop Overseas Bank Ltd. Daiwa PB Limited DB Sukuk Company Ltd. DBS Capital Funding Corporation Dexia Overseas Limited DZ Bank AG, Cayman Islands EFG Hellas (Cayman Islands) Ltd EIB Sukuk Company Ltd. Fortis Bank, Cayman Islands HSBC Mexico, S.A. Cayman Islands HSH N Funding II Investcorp Capital Limited KASIKORNBANK Public Co.Ltd (CI) KBC Financial Prod. Int'l VI Ltd KBC Financial Products Int'l Ltd Mizuho Corporate Bnk,Ltd(Cayman) Mizuho Financial Group (Cayman) Nacional Financiera (Cayman) Siam City Bank Public Co Ltd, CI STB Finance Cayman Ltd. Tamweel Sukuk Limited Yokohama Finance Cayman Ltd. CAYMAN ISLANDS - OFF SHORE Banco Bradesco SA, Grand Cayman Banco Santander S.A. - Cayman Uniao de Bancos Brasil., GC Br.
STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA(m) STA STA STA STA STA STA STA RUR NEG STA STA STA STA STA RUR STA POS NOO RUR STA STA STA RUR STA STA RUR STA NEG NEG NEG NEG STA STA STA STA STA STA STA STA
Aaa Ba2
B+
Aa2 Aaa Aa3 A2 A1 A1 Baa3 Ba1 Baa3 Ba2 Aa1 Aa3 Aa3 Baa3 A2 A2 Aa1 A1 A1 A3 Aa3 Aa3 A1 A1 A1 Baa3 Aa2 Aa2 A1 Baa2 A3 Baa3 Baa3
Aa2 Aa1 A1 A3 A2 A2 Baa3 A1 A3 Ba2 Ba2 Ba2 A1 A1 (P)A1 A1 Ba1 A3 Aa2 Baa3 A2 A2 A1 A1 A2 A1 Baa1 Aa3 Baa3 A1 A2 Baa3 Baa3 Baa3
Aaa
P-1 P-1 P-1 NR P-1 P-1 P-3 P-1 P-1 P-1 P-3 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-3

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
CHANNEL ISLANDS Credit Suisse Grp Fin (Guernsey) CHILE Banco de Chile Banco de Credito e Inversiones Banco del Estado de Chile Banco Santander-Chile Central Bank of Chile CHINA Agricult. Develop. Bank of China Agricultural Bank of China Bank of China Limited Bank of Communications China CITIC Bank China Construction Bank Corp China Development Bank China Everbright Bank China Merchants Bank Export-Import Bank of China Guangdong Development Bank Hang Seng Bank (China) Limited HSBC Bank (China) Company Industrial&Commerc.Bank of China JPMorgan Chase Bk China Co Ltd Shanghai Pudong Dev. Bank Shenzhen Development Bank Co. Ltd COLOMBIA Banco de Bogota Bancolombia S.A. CROATIA Croatian Bank for Recon. & Dev. Zagrebacka banka d.d. CYPRUS Alfa MTN Invest Ltd Alfa MTN Issuance Limited Alfa MTN Markets Limited Alfa MTN Projects Limited Bank of Cyprus Public Co. Ltd Hellenic Bank Public Company Ltd Kommunalkredit Int. Bank Ltd Marfin Popular Bk Public Co. Ltd CZECH REPUBLIC Ceska Sporitelna, a.s. Ceskoslovenska Obchodni Banka Czech Export Bank, a.s. J & T Banka, a. s. Komercni Banka a.s. DENMARK Amagerbanken A/S BRFkredit a/s Danmarks Skibskredit A/S Danske Bank A/S DLR Kredit A/S NEG STA STA RUR STA A3 Aa1 C B Aa3 Aa1 Aa2 A2 A2 Aa3 Aa1 A1 P-2 P-1 STA(m) NEG(m) POS STA STA(m) A1 A1 B2 A1 C C E+ C Aa1 Aa1 P-1 P-1 P-1 NP P-1 STA STA STA STA STA STA RUR STA A2 Baa2 A3 CD+ CCBa1 Ba1 Ba1 Ba1 A2 A1 A3 A3 Baa1 A1 NP NP P-1 P-2 P-1 P-1 POS STA(m) Ba1 D+ A1 A2 A1 NP STA POS(m) Ba2 Ba2 CD Baa3 NP NP STA STA(m) STA STA STA STA(m) STA STA STA STA STA STA STA STA(m) NEG STA STA A1 A1 Baa1 Baa2 A1 Ba1 Baa3 Ba2 A1 A1 A1 Aaa Ba1 Ba2 E DD D D DD+ DD D D D D A1 A1 A1 Aa1 A1 A1 P-1 P-1 P-1 P-2 P-2 P-1 NP P-3 NP P-1 P-1 P-1 P-1 NP NP STA STA STA STA STA A2 A2 A2 A2 BC+ C+ B Aa3 A1 Aa3 P-1 P-1 P-1 P-1 STA Aa2 Aa3 P-1

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
FIH Erhvervsbank A/S Fionia Bank A/S Foroya Banki P/F Jyske Bank A/S Nordea Bank Danmark A/S Nykredit Bank A/S Nykredit Realkredit A/S Ringkjobing Landbobank A/s Spar Nord Bank A/S Sydbank A/S EGYPT Bank of Alexandria SAE Banque du Caire SAE Banque Misr SAE Commercial Intl. Bank (Egypt)SAE National Bank of Egypt SAE EL SALVADOR Banco Multisectorial ESTONIA AS Hansapank Balti Investeer Grupi Pank AS FINLAND Aktia Bank p.l.c. Leonia Corporate Bank plc Nordea Bank Finland Plc OP-Pohjola Group Pohjola Bank plc Sampo Bank plc FRANCE Abbey Natl Treas Svc (Paris) ABN AMRO Bank N.V., Paris Agence Francaise de Dvlopmnt. Banca Naz. del Lavoro, Paris Banque de l'Economie-Comm. Mon. Banque Fed. du Credit Mutuel Banque Federale des Banque Pop. Banque Monetaire et Financiere Banque Palatine Banque Paribas Banque Pop. Bourgogne Fr.-Comte Banque Pop. de l'Ouest Banque Populaire Atlantique Banque Populaire Cote d'Azur Banque Populaire d'Alsace Banque Populaire du Massif Centr Banque Populaire du Nord Banque Populaire du Sud Ouest Banque Populaire Lorraine Champ. Banque Populaire Rives de Paris Banque Populaire Toulouse-Pyrene Banque Populaire Val de France Banque PSA Finance Barclays Bank PLC, Paris Bayerische Hypo-Und Vereinsbank Bayerische Landesbank, Paris
RUR NEG STA NEG STA STA STA STA STA STA STA(m) STA(m) STA(m) STA(m) STA(m) STA NEG NEG(m) STA RUR STA STA STA RUR STA STA STA STA STA STA STA STA RUR NOO STA STA STA STA STA STA STA STA STA STA STA STA RUR RUR NEG STA
A2 A3 A3 Aa2 Aa1 Aa3 A1 A1 Aa3 Ba2 Ba2 Ba2 Ba2 Ba2 A1 B1 A1 Aa1 Aa1 Aa1 Aa2 Aa2 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 A3 Aa1 Aaa
C CCBBC+ C+ C C+ DDDCD CE+ C B B C+ B C C+ C C
A2 A3 Aa2 Aa1 Aa3 A1 Aa3 A1 Aa1 Aa1 Aa1 Aa1 Aa3 Aaa Aa3 Aa3 Aa1 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 A3
A3 Baa1 Aa3 Aa2 A1 A1 A2 A1 A2 Aa2 Aa2 Aa2 A1 A1 Aa2 Baa1
Aa1 Aa3 Baa3 Aa1 Aa1 Aa1 Aa3
P-1 P-2 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 NP NP NP NP NP P-1 NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
Bayerische Vereinsbank, Paris BNP Paribas BRED-Banque Populaire Caisse Autonome de Refin. Caisse C'ale du Credit Immo Caisse de Refncmnt. de l'Habitat Caisse Des Depots et Consignat. Caixa Geral de Depositos (Paris) CALYON CASDEN - Banque Populaire CDC Ixis Chase Manhattan Bank, Paris Br. CNCE Commerzbank AG, Paris Brch. Compagnie Bancaire CRCAM Alsace Vosges CRCAM Anjou-et du Maine CRCAM Aquitaine CRCAM Atlantique Vendee CRCAM Brie Picardie CRCAM Centre Est CRCAM Centre France CRCAM Centre Loire CRCAM Cotes d'Armor CRCAM d'Alpes Provence CRCAM de Charente-Maritime Dx CRCAM de Charente-Perigord CRCAM de la Reunion CRCAM de la Touraine et Poitou CRCAM de Normandie CRCAM de Sud-Mediterranee CRCAM Finistere CRCAM Franche Comte CRCAM Ile-et-vilaine CRCAM Lorraine CRCAM Morbihan CRCAM Nord de France CRCAM Nord Est CRCAM Normandie Seine CRCAM Paris et Ile-de-France CRCAM Provence Cote d'Azur CRCAM Pyrenees Gascogne CRCAM Sud Rhone Alpes CRCAM Toulouse/Midi Toulousain Credit Agricole S.A. Credit Cooperatif Credit Foncier de France Credit Industriel et Commercial Credit Logement Deutsche Bank AG, Paris Brch. Dexia Credit Local Entenial Exane S.A. HSBC France ING Bank, Paris Branch IXIS Corporate and Invest. Bank LaSer Cofinoga Le Credit Lyonnais S.A. Locindus S.A.
STA STA STA STA STA STA STA STA RUR STA NOO NEG STA(m) STA RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR STA STA STA(m) STA STA RUR NOO STA STA STA NOO STA RUR RUR
A1 Aa1 Aa3 A1 Aaa Aa1 Aa1 Aa3 Aaa Aa3 Aa3 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa3 Aa3 Aa3 Aa1 Aa3 Aa3 Aa2 Aa3 Aa1 Aa3
B C C C+ B C C C C+ C+ BC
A1 Aa1 Aaa A1 Aaa Aaa Aa1 Aa1 Aa3 Aaa Aa3 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa3 Aa3 Aa3 Aa3 Aa3 Aaa Aa3 Aa1
Aa2 A2 Aa2 Aa2 A1 A1 Aa2 A1 Aa3 A1 A1 A1 Aaa A1 Aa2
Aa1 A1 Aaa Aa1 Aa2 Aa3 A3 Aa1
P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
Mizuho Corporate Bank,Ltd, Paris Natexis Banque S.A. Natixis Natixis Commercial Paper Corp. Oddo & Cie OSEO Financement Rabobank Nederland, Paris Branch RCI Banque SG Option Europe Societe Generale Sofira SNC UniCredito Italiano Spa (Paris) VTB Bank (France) SA GEORGIA Bank of Georgia TBC Bank GERMANY Bausparkasse Mainz AG Bayerische Hypo-und Bank A.G. Bayerische Hypo-und Vereinsbank Bayerische Landesbank Bremer Landesbank Kred. Old. Citigroup Global Mkts Deutsch. Commerzbank AG DekaBank Deutsche Girozentrale DEPFA Deutsche Pfandbriefbank AG Deutsche Apotheker-und Aerztebk. Deutsche Ausgleichsbank Deutsche Bank AG Deutsche Hypothekenbank AG Deutsche Postbank AG Deutsche Schiffsbank AG Deutsche Siedlungs- und Landesr. Dresdner Bank AG DVB Bank AG DZ BANK AG Deutsche Zentral-Gen. Eurohypo AG Eurohypo AG Hamburger Sparkasse AG Hamburgische Landesbank GZ Honda Bank GmbH HSH Nordbank AG Hypo Real Estate Bank AG Hypo Real Estate Bank Int'l AG Hypothekenbank in Essen AG IKB Deutsche Industriebank AG KfW IPEX-Bank GmbH Kreditanstalt fuer Wiederaufbau Kreissparkasse Koeln L-Bank Landesbank Baden-Wuerttemberg Landesbank Berlin AG Landesbank Saar LANDESBANK SACHSEN AG Landesbank Schleswig-Holstein Landesbk Hessen-Thueringen GZ Landesgirokasse Stuttgart Landeskreditbank Baden-Wuert.
NEG STA STA(m) STA NEG STA STA RUR STA STA(m) STA STA STA NEG(m) NEG STA STA STA NEG(m) STA RUR STA STA RUR STA NOO STA STA STA STA STA STA(m) STA STA RUR NOO STA STA STA(m) RUR RUR NOO RUR STA STA STA STA STA STA STA NEG(m) STA STA NOO NOO
Aa2 Aa3 Baa2 A3 Aa2 Aa3 Baa2 B3 B3 A3 A1 Aa2 Aa2 Aa3 Aa3 Aa2 A2 A2 Aa1 Aa3 Aa2 A2 Aa3 A1 Aa3 A1 Aa2 A2 A2 Baa3 Aa3 Aaa Aa2 Aaa Aa1 A1 Aa2 Aa2
C C C B D DDC CCC B C C D+ C B CC+ C+ C C CC C CC E C C C D+ D+ C
Aa3 Aa3 Baa2 Aaa A3 Aa2 Aa2 Ba2 A1 A1 Aa2 Aa2 Aa3 Aa2 A2 A2 Aaa Aa1 Aa3 Aa2 NR Aaa Aa3 A1 Aa3 A1 A1 NR Aa1 Aa2 A2 A2 A1 Baa3 Aaa Aa2 Aaa Aa1 A1 Aa2 Aa1 Aa1 Aa2 Aaa Aaa
A1 A1 Baa3 Baa1 Aa3 Aa3 A2 A2 Aa3 Aa3 A1 Aa3 A3 A3 Aa2 A1 Aa3 Aaa A1 A2 A1 A2 A2 Aa1 Aa3 A3 A3 A2 Ba2 Aaa Aa2 A2 Aa2 Aa1 Aa3 Aaa
Aa3 Baa2 A1 Aa2 Aa2 Aa3 A2 Aa1 A2 Aa3 A1 Aaa A1
P-1 P-1 P-1 P-3 P-1 P-2 P-1 P-1 P-2 P-1 P-2 NP NP P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-3 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
Landwirtschaftliche Rentenbk. Lehman Brothers Bankhaus AG LfA Foerderbank Bayern LRP Landesbank Rheinland-Pfalz Morgan Stanley Bank AG Muenchener Hypothekenbank eG Norddeutsche Landesbank GZ NRW.BANK OSV-Ostdeutscher Sparkassenv RHEINHYP Rheinische Hypo AG SEB AG Sparkasse Aachen Sparkasse KoelnBonn Sparkasse Spree-Neisse Sparkassen-Finanzgruppe Stadtsparkasse Duesseldorf Sueddeutsche Bodencreditbank AG UBS DEUTSCHLAND AG Volkswagen Bank GmbH Volvo Auto Bank GmbH Westdeutsche Immobilienbank Westfaelisch-Lipp.Spk-& Giroverb Westfaelische Hypothekenbank WestLB AG WGZ BANK AG GHANA Ghana Commercial Bank Ltd GREECE Agricultural Bank of Greece SA Alpha Bank AE Bank of Attica S.A. Bank of Greece EFG Eurobank Ergasisa S.A. Emporiki Bank of Greece S.A. General Bank of Greece S.A. Marfin Egnatia Bank SA National Bank of Greece S.A. Piraeus Bank S.A. GUATEMALA Banco Industrial S.A. GUERNSEY Bank Julius Baer & Co, Guernsey Credit Suisse (Guernsey Branch) HONG KONG ANZ National (Int'l) Ltd, HK Banca Intesa Spa, Hong Kong Bangkok Bank Public Co. (HK) Bank of Ayudhya (HK) Bank of China (Hong Kong) Ltd Bank of East Asia, Limited Bank of Tokyo-Mitsu. UFJ Ltd. HK Barclays Bank plc Hong Kong Bayer Hypo-Und Vereinsbk, HK Br Bayerische Landesbank, Hong Kong China Cnst. Bk (Asia) Corp. Ltd.
STA RUR STA NOO RUR STA STA STA STA NOO NEG STA STA STA NOO STA RUR STA STA NEG STA RUR NEG(m) STA STA STA STA STA STA STA STA STA STA STA STA STA(m) STA STA STA STA STA STA STA NEG NEG RUR STA STA STA
Aaa Aaa A1 Aa3 Aa2 A1 Aa2 Aa2 Aa2 Aa1 A2 A2 A3 A2 Aa3 B3 Baa1 A1 Ba1 Aa3 Aa3 A3 Baa1 Aa3 A1 Ba3 Aa2 Aa3 A2 Aa2 Aa1 Aa2 A2
BC+ CC CC+ C C+ BC+ D+ C+ C E+ C DD C D C+ CD+ D+ C+ C D C+ C C
Aaa B3 Aaa Aa1 Aa3 Aa2 Aa1 A1 Aa2 Aa2 A2 A2 NR Aa3 A2 A2 Aa3 A1 A2 Aa3 A1 Aa3 Aa2 Baa2 A1
Aaa Caa2 Aa2 A1 Aa3 Aa1 A2 Aa3 A3 A3 A3 A2 A1 A2 Ba3 Aa2 Aa3 Baa1 A3 A2
A1 Aa1 Aa3 Aa1 Aa3 Aa3
P-1 NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 NP P-2 P-1 NP P-1 P-1 P-1 P-2 P-1 P-1 NP P-1 P-1 P-1 P-1 P-1 P-1

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
Chinatrust Commercial Bank, HK Chiyu Banking Corporation, Ltd. Chong Hing Bank Limited CITIC Ka Wah Bank Limited CITIC Pacific Limited Dah Sing Bank, Limited DBS Bank (Hong Kong) Limited Fortis Bank (Hong Kong) Hang Seng Bank Limited Hong Kong Mortgage Corp.Ltd(The) Hongkong and Shanghai Bank Corp. ICICI Bank Limited, HK Branch Ind. & Coml Bk of China (Asia) Mizuho Corporate Bank,Ltd, HK Br Nanyang Commercial Bank, Ltd. Public Bank (Hong Kong) Limited Rabobank Nederland, HK Branch Shanghai Commercial Bank Standard Chartered Bank (HK) Ltd Union Bank of India, HK Branch Westpac Banking Corporation, HK Wing Hang Bank, Limited Wing Lung Bank Limited HUNGARY Budapest Bank Rt. CIB Bank Ltd. Erste Bank Hungary Rt FHB Mortgage Bank Co. Plc. Kereskedelmi & Hitel Bank Rt. MFB Hungarian Dev Bank Ltd. MKB Bank Rt. National Bank of Hungary OTP Bank OTP Jelzalogbank Rt (OTP Mtge B) ICELAND Glitnir banki hf Housing Financing Fund Kaupthing Bank hf Landsbanki Islands hf INDIA Axis Bank Ltd Bank of Baroda Bank of India Canara Bank Central Bank of India Export-Import Bank of India HDFC Bank Limited ICICI Bank Limited IDBI Bank Ltd Oriental Bank of Commerce Punjab National Bank State Bank of India Syndicate Bank Union Bank of India
STA STA STA STA RUR STA STA RUR STA STA(m) STA STA STA NEG STA STA STA STA STA STA STA STA STA STA(m) STA(m) STA(m) STA STA(m) STA(m) NEG(m) STA RUR RUR RUR RUR RUR RUR STA STA STA STA STA STA STA STA STA STA STA STA STA STA
Aa3 Baa2 Baa2 A3 Aa3 Aa2 Aa2 A2 Aa2 Aa3 A3 Aaa A2 Aa3 Aa1 A2 A2 A3 A3 A3 Baa3 A3 A3 A3 A3 A3 Caa1 Caa1 Caa1 Ba2 Ba2 Ba2 Ba2 Ba2 Ba2 Ba2 Ba2 Ba2 Ba2 Ba2 Ba2 Ba2 Ba2
C CD+ C C+ B+ B+ C C+ C C+ B C+ C+ D+ CD+ D+ C C C+ C+ E E E CD+ D+ D+ D CCDD+ D+ CD+ D+
Baa2 Ba2 A3 A1 Aaa Aa1 Baa2 Aa3 Baa2 Aa3 Aa1 Aa3 A1 Aa3 Caa2 A1 Caa2 Caa2 Baa2 Baa2 Baa3 Baa2 Baa2 Baa2 Baa2 Baa2
Baa1 Baa3 Baa3 Baa1 Aa2 Aa2 Baa2 A1 Baa2 Aa2 A3 A1 A1 C C C Baa2 Baa2 Baa2 Baa2 Baa2 Baa2
Aa1 Aa1 Aa3 A1 A1 Caa2 Baa3
P-1 P-2 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-2 P-2 P-3 P-2 P-2 P-2 P-2 P-2 NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
INDONESIA Bank Central Asia Tbk (P.T.) Bank Danamon Indonesia TBK (PT) Bank Internasional Indonesia PT Bank Mandiri (P.T.) Bank Negara Indonesia TBK (P.T.) Bank Permata TBK (P.T.) Bank Rakyat Indonesia (P.T.) Bank Tabungan Negara (P.T.) Pan Indonesia Bank TBK (P.T.) PT Bank Lippo Tbk PT Bank Niaga Tbk IRELAND Allied Irish Banks, p.l.c. Anglo Irish Bank Corp. Plc Bank of Ireland Bank of Scotland (Ireland) Ltd Barclays Bank Ireland PLC BOS (Ireland) Funding Plc Citibank Europe plc Commerzbank Europe (Ireland) Depfa ACS Bank DEPFA Bank plc DEPFA-Bank Europe P.L.C. DZ-Bank Ireland plc EBS Building Society Espirito Santo Investment plc First Active plc First Active Treasury PLC FirstRand (Ireland) plc Goldman Sachs Bank (Europe) plc Goldman Sachs Private Bank Ltd. Hewlett-Packard Intern Bank Plc Hypo Public Finance Bank ICS Building Society Intesa Bank Ireland p.l.c. Intesa Sanpaolo Bank Ireland plc Irish Life & Permanent plc Irish Nationwide Build. Society KBC Bank Ireland PLC Lease Plan Finance (Dublin) Merrill Lynch Int'l Bank Ltd. Rabobank Ireland plc Sachsen LB Europe PLC SibAcademFinance plc TOTTA (IRELAND) p.l.c. Ulster Bank Finance PLC Ulster Bank Ireland Limited UniCredit Bank Ireland p.l.c. UT2 Funding plc WestLB Covered Bond Bank WGZ Bank Ireland Plc Zurich Bank ISRAEL Bank Hapoalim B.M. Bank Leumi First Intl Bank of Israel RUR STA STA A1 A1 A1 C C C P-1 P-1 P-1 STA RUR NEG RUR RUR STA RUR STA RUR RUR RUR STA NEG(m) STA STA STA STA NEG NEG STA RUR NEG(m) STA STA NEG RUR NEG(m) RUR RUR STA NEG(m) STA STA STA STA STA STA(m) NEG STA STA Aa2 A1 Aa2 Aa3 Aa3 Aa3 A2 A2 A2 A2 A2 A2 Aa2 Aa3 Aa3 A2 A2 Aa3 Aa3 Baa1 A1 Aa1 Aa2 A2 A2 A1 BC+ BCD+ B C+ D+ D+ D+ CC C B B C C C+ CC E C+ E+ C D Aa2 A1 Aa2 A2 A2 A2 A2 Aa3 Aa2 Aa2 A2 Aa2 Aa2 Aa3 Baa1 A1 A3 Aaa Aaa Ba3 NR Aa2 Aa3 A2 Aa3 A2 Aa3 A3 A3 A3 A1 Aa3 Aa3 A3 Aa3 Aa3 A1 Baa2 A2 Aa1 (P)A1 A3 A1 Aa2 A2 Aa3 Aa3 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 STA STA(m) STA STA STA STA(m) STA STA STA(m) STA STA B1 B1 B1 B1 B1 B1 B1 B1 B1 B1 B1 D+ D D DDDD+ DD D D Ba2 Ba2 Ba2 Ba2 Ba2 Ba2 NP NP NP NP NP NP NP NP NP NP NP

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
Israel Credit Cards Limited Israel Discount Bank Mizrahi Tefahot Bank ITALY Banca Agrileasing SpA Banca Antonveneta Banca Carige S.p.A. Banca Commerciale Ital. S.p.A. Banca CR Firenze S.p.A. Banca della Marca Credito Coop Banca Delle Marche S.p.A. Banca IMI Spa Banca Infrast. Innov. e Sviluppo Banca Italease S.p.A. Banca Lombarda Piemontese SPA Banca Monastier e del Sile Banca Monte dei Paschi di Siena Banca Nazionale Del Lavoro Banca Popolare dell'Alto Adige Banca Popolare di Cividale ScpA Banca Popolare di Marostica Banca Popolare di Milano Banca Popolare di Spoleto Banca Popolare Friuladria Banca Popolare Ital.Soc. Coop. Banca Sella Holding Banca Tercas Banca Toscana S.p.A. Bancaperta S.P.A. BancApulia S.p.A. Banco Popolare Soc Cooperativa Bank of New York (Lux), Italian Capitalia S.p.A. CaRiChieti Cassa Depositi e Prestiti S.p.A. Cassa di Risp.di Bolzano-Sudtirl Cassa Di Risparmio Di Parma Cassa di Risparmio Ferrara SpA Cassa Risparmi Forli Rom Spa Cassa Risparmio Provinc Lombard Credito Artigiano S.p.A. Credito Valtellinese Dexia Crediop S.p.A. Efibanca S.p.A. Fiat Group Automobiles Fin Ser Fineco S.p.A. Interbanca S.p.A Intesa Sanpaolo Spa Istituto Serv. Merc. Agric. Alim Locat S.p.A. Mediocredito Fond. Centro Italia Mediocredito Trentino-Alto Adige Meliorbanca S.p.A. MPS Capital Services Sanpaolo IMI S.p.A. Santander Consumer Bank S.p.A. Unibanca S.p.A UniCredit Banca per la Casa UniCredit MedioCred Cen S.p.A.
STA STA STA STA RUR STA POS STA STA STA STA STA STA NOO STA STA STA STA STA STA STA STA STA POS(m) STA STA RUR STA NEG(m) POS(m) STA NOO STA STA STA STA STA STA STA STA STA RUR STA STA STA STA STA STA STA STA STA RUR STA STA STA STA STA POS(m)
A1 A1 A3 A1 A2 Aa3 A3 A2 Aa3 Aa3 Ba1 A3 Aa3 Aa2 A1 A3 A2 A1 A3 Aa3 A2 A3 A1 Baa1 Baa2 A2 Aa2 Baa1 A2 Aa3 A3 A1 Baa1 A1 Baa1 A3 Aa2 Aa3 Baa3 A1 A1 A3 Aa3 A2
CCCCC C CCCC+ D CC C C CC C CC CCC CD+ C C CC+ CC CC D+ D+ B CD+ D+ C CC+ C
A3 A1 Aa2 Aa3 A2 Aa3 Ba1 A1 Aa3 Aa2 A1 A3 A1 A2 A2 NR Baa1 A2 Aa2 Baa1 Aa2 A2 Aa3 A3 A1 Aa2 Baa1 Baa1 A1 Baa1 Aa3 A3 Aa2 A2 Aa2 A1 A3
Baa1 A2 Aa3 A1 A3 A1 Ba2 A2 A1 Aa3 A2 Baa1 A2 A3 A3 Baa2 A3 Aa3 A3 Baa1 A2 Baa2 Baa2 A2 A3 Aa3 Baa1 Aa3 Aa3 A2 Baa1
Ba1 A2 Aa3 Aa2 A1 A1 A2 Aa2 Aa2 A3 Baa2 Aa2 Aa2 A1
P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 NP P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-2 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-2 P-2 P-1 P-2 P-2 P-1 NR P-1 P-1 P-3 P-1 P-1 P-1 P-1 P-1 P-1

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
UniCredit SpA Unione di Banche Italiane ScpA Unipol Banca S.p.A. JAPAN Aozora Bank, Ltd. Asahi Bank, Ltd. Bank of Fukuoka, Ltd. Bank of Tokyo-Mitsubishi UFJ Bank of Yokohama, Ltd. Barclays Bank PLC, Tokyo Bayerische Hypo-und Vereinsbank Calyon, Tokyo Branch Chiba Bank, Ltd. Chugoku Bank, Limited Chuo Mitsui Asset Trust & Bk Co Chuo Mitsui Tr & Bnkng Co. Ltd. Citibank Japan Ltd. Dai-Ichi Kangyo Bank, Ltd. Dexia Credit Local, Tokyo Branch Fuji Bank, Ltd. Gunma Bank, Ltd. Higo Bank Ltd. Hiroshima Bank, Limited Hyakujushi Bank Limited Industrial Bank of Japan Ltd. ING Bank N.V., Tokyo Branch J.P. Morgan Trust Bank Ltd. Japan Trustee Services Bank, Ltd Joyo Bank, Ltd. Kansai Urban Banking Corporation Kinki Osaka Bank, Ltd. (The) Kiyo Bank, Ltd. Minato Bank, Ltd (The) Mitsubishi UFJ Trt & Bank. Corp. Mizuho Bank, Ltd. Mizuho Corporate Bank, Ltd. Mizuho Financial Group, Inc. Mizuho Trust & Banking Co., Ltd. Norinchukin Bank Ogaki Kyoritsu Bank, Ltd. Resona Bank, Ltd. Resona Holdings, Inc. Resona Trust & Banking Company Royal Bank of Scotland, Tokyo Br Saitama Resona Bank, Ltd. Sakura Bank, Ltd. San-in Godo Bank, Ltd. Sanwa Bank, Ltd. Shinkin Central Bank Shinsei Bank, Limited Shizuoka Bank, Ltd. Shoko Chukin Bank, Ltd. Standard Chartered Bank, Tokyo Sumitomo Bank, Ltd. Sumitomo Mitsui Banking Corp.
STA STA(m) STA NEG STA STA NEG STA NOO STA RUR STA STA STA STA RUR STA RUR STA STA STA STA STA STA STA NEG STA STA STA STA STA NEG NEG NEG NEG NEG NEG NEG STA STA STA STA NOO STA STA STA NEG NEG STA STA NEG(m) STA STA STA
Aa3 A1 Baa1 A3 A3 Aa2 A1 Aa1 A1 Aa3 A1 A1 Aa3 Aa3 A1 A1 A3 A2 Aa2 Aaa Aa3 A1 Aa2 A1 Baa1 Aa2 Aa2 Aa2 Aa2 Aa2 Aa2 A3 A1 A1 A1 A2 Aa2 A3 Aa3 Aaa Aa2
C+ C D+ D+ D+ C C C C+ C+ CB CC D+ C C CD D DD C C C C C D+ D+ C+ D C C+ D+ C+ D C
Aa3 A1 A3 A3 Aa2 Aa2 A1 (P)Aa2 Aa2 Aa2 Aa2 Aa2 (P)A1 Aa2 Aa2 A3 Aa3 Aaa Aa2 Aa2
A1 A2 A2 Aa3 A2 A2 A2 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 A2 A3 A2 Aa3 Aa3 Baa1 Aa3 Aa3
A1 A3 Aa2 A1 Aa3 Aa2 Aa2 Aa2 Aa3 Aa2
P-1 P-1 P-2 P-2 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
Sumitomo Trust And Banking Co. Suruga Bank, Ltd. Trust & Custody Services Bank UFJ Bank Limited UFJ Trust Bank Limited JERSEY Alpha Group Jersey Limited Bank of India, Jersey Branch Fairbairn Private Bank Limited HSBC Bank Middle East Limited Hypo Vorarlberg Cap.Fin(Jersey) Lloyds TSB Offshore Limited NATIXIS Structured Products Ltd ProPart Funding Ltd Partnership UBS AG, Jersey Branch JORDAN Arab Bank PLC Cairo Amman Bank Housing Bank for Trade & Finance KAZAKHSTAN Alfa-Bank Kazakhstan Alliance Bank ATF Bank Bank CenterCredit BTA Bank Caspian Bank DBK Leasing Delta Bank JSC Development Bank of Kazakhstan Eurasian Bank Eximbank Kazakhstan Halyk Savings Bk of Kazakhstan House Constr. Sav. Bank of KZ JSC Nurbank KazAgroFinance, JSC Kazakhstan Mortgage Company JSC Kazinvestbank Kazkommertsbank SB Sberbank JSC Seimar Alliance Fin Corp, JSC Temirbank Tsesna Bank KOREA Chohung Bank Citibank Korea Inc. Daegu Bank, Ltd. Export-Import Bank of Korea Hana Bank Industrial Bank of Korea Jeonbuk Bank Kookmin Bank Korea Development Bank Korea Exchange Bank National Agricult. Coop. Feder. Pusan Bank Shinhan Bank
STA STA NEG NEG NEG STA STA STA STA STA RUR STA STA STA STA STA STA STA RUR STA(m) NEG STA(m) STA STA STA STA STA STA NEG STA STA STA STA STA STA(m) STA RUR STA STA STA STA STA(m) STA STA(m) STA STA STA(m) NEG(m) STA(m) STA STA(m) STA(m)
Aa3 A3 Aa2 A3 Aa2 Aa2 Ba3 Ba3 Ba3 Ba3 Ba2 Ba1 Ba1 Ba1 Ba3 B3 B1 B3 Ba1 Baa2 B1 B2 Ba1 Ba2 Ba3 B1 A2 A2 A2 A2 A3 A2 A2 A2 A2 A2 A2
C D+ C C C+ C C+ DCE+ E+ DDDD E+ E+ E+ D E+ E+ E+ DE+ E+ E+ CC C D+ D+ C D CD+ CC
Aa2 A1 Baa2 Aa2 Aa3 Aa2 Ba2 Baa2 Ba1 A2 Baa3 Aa3 A1 Aa3 Aa3 Aa3 A2 A1 A1
A1 Aa3 Aa3 A2 Baa2 Aa3 Aa3 Ca Aa3 Ba3 Ba1 Ba3 Ba2 Ba2 A2 A2 Aa3 A1 (P)A3 A2 A3 A2
Ba3 A2 Baa2 Baa1 Ba3 A1
P-1 P-2 P-1 P-2 P-1 P-1 P-1 P-1 NP NP NP NP NP NP NP NP NP NP NP NP NP NP P-2 NP P-2 NP NP NP NP NP NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
Standard Chart. 1st Bk Korea Ltd Suhyup Bank Woori Bank Woori Finance Holdings Woori Investment & Sec Co., Ltd. KUWAIT Al Ahli Bank of Kuwait Bank of Kuwait and Middle East Boubyan Bank Burgan Bank Commercial Bank of Kuwait Gulf Bank Gulf Investment Corporation Kuwait Finance House National Bank of Kuwait KYRGYZSTAN AsiaUniversalBank JSC LATVIA Baltic International Bank Latvijas Krajbanka A/S Mortgage and Land Bank of Latvia Norvik Banka, JSC Parex Bank PrivatBank AS Trasta Komercbanka LEBANON Bank Audi Bank of Beirut BLOM BANK s.a.l. Byblos Bank S.A.L. LIECHTENSTEIN LGT Bank in Liechtenstein AG LITHUANIA AB Bankas SNORAS AB Ukio Bankas Siauliu Bankas, AB LUXEMBOURG Banco di Brescia S.p.A. Lux Bank of New York (Lux.) S.A. Banque et Caisse d'Epargne Commerzbank International S.A. Credit Suisse Group Fin. Lux. SA Dexia Banque Int'l a Luxembourg Dresdner Bank Luxembourg S.A. EUROHYPO Europ. Hypothekenb. Fortis Banque Luxembourg S.A. Fortis Luxembourg Fiannce S.A. HSH Nordbank, Luxembourg Branch HVB Banque Luxembourg S.A. Investcorp S.A. LRI LBnk Rheinld-Pfalz Intl SA Norddeutsche Landesbank Lux. Petrocommerce Invest S.A. Standard International Holdings
STA STA STA(m) STA NEG STA STA STA RUR STA RUR NEG STA STA STA STA NEG NEG NEG DEV(m) STA STA STA STA STA STA STA RUR RUR NEG STA STA STA STA STA RUR STA(m) RUR RUR STA STA RUR NOO STA STA STA
A2 A2 A2 A1 A1 Baa2 A1 Aa3 A1 A3 Aa3 Aa2 Caa2 B1 Ba2 A3 Ba3 Ba1 B1 B2 B3 B3 B3 B3 Aa3 Ba3 Ba3 Ba2 Aa2 Aaa A2 Aa3 A1 A1 A3 Baa3 Aa3
D+ DC CCD CC CD+ CBE E+ DDDE+ E+ E+ DDDDBDDD B+ C+ C+ CC C CD+ C
A2 A2 A1 A3 Ba1 B2 Aa3 NR Aaa A2 Aa2 A1 A1 A1 A1 A1 Aaa Aa3 Ba3
A3 A3 A2 B2 Aa1 Aa3 A1 A2 A2
A2 Baa1 Aa3 Aa2 Aa3 A1 A1 A3 Baa1
P-1 P-1 P-1 P-2 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 NP NP NP P-2 NP NP NP NP NP NP NP NP P-1 NP NP NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-3 P-1 NP

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
UniCredit Int'l Bank (Lux) S.A. UniCredit Luxembourg Finance MACAU Banco BPI, S.A. (Macau Offshore) MALAYSIA AmBank (M) Berhad CIMB Bank Berhad CIMB Investment Bank EON Bank Berhad Hong Leong Bank Berhad HSBC Bank Malaysia Berhad Malayan Banking Berhad MBB Sukuk Inc Public Bank Berhad RHB Bank Berhad Southern Bank Berhad Standard Chartered Bank Malaysia MALTA Bank of Valletta MAURITIUS Mauritius Commercial Bk. Ltd. State Bank of Mauritius Ltd. MEXICO Banco Autofin Mexico, S.A. Banco Credit Suisse Mexico Banco del Bajio, S.A. Banco Interacciones, S.A. Banco Mercantil del Norte, S.A. Banco Multiva, S.A. Banco Nacional de Comercio Banco Nacional de Mexico, S.A. Banco Regional de Monterrey, SA Banco Santander, S.A. (Mexico) BanCoppel, S.A. Bank of America Mexico, S.A. Bank of Tokyo-Mit. UFJ (MX) Banobras, S.N.C. Barclays Bank Mexico, S.A. BBVA Bancomer, S.A. Deutsche Bank Mexico, S.A. Fideicomiso de Fomento Minero HSBC Mexico, S.A. ING Bank, S.A. (Mexico) Nacional Financiera, S.N.C. Prudential Bank, S.A. Scotiabank Inverlat S.A. MONGOLIA Khan Bank LLC Trade & Dvlpmt Bank of Mongolia XacBank LLC MOROCCO Attijariwafa Bank BMCE Bank Credit du Maroc
STA STA STA STA STA STA STA STA STA STA(m) STA STA STA STA(m) STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA RUR STA STA STA STA STA STA STA STA STA STA STA STA STA STA
Baa2 A3 Baa2 A3 A3 A3 A3 A3 A3 Baa1 Baa2 Baa2 B1 Baa1 Baa3 Ba1 Baa1 B2 Baa1 Baa3 Baa1 Ba3 Baa1 Baa1 Baa1 Baa1 Baa1 Baa1 Ba2 Baa1 B2 B2 B2 Ba2 Ba2 Ba2
DD+ D CCC C D CD+ D+ CE+ D+ D+ D CE+ C+ D+ C E+ D+ D D C+ D C D+ E+ CD DD D+ D+ D+
Aa3 Aa3 A1 Baa1 A1 A1 A1 Aa2 Aa2 Ba2 Ba2
A1 A2 Baa1 Baa3 A3 A3 A3 A3 Baa1 Ba2 A3 Aa3 Aa3 Ba1 Ba2 Baa2
A3 Baa1 Baa1 A1 A1 Baa3 Ba2 Ba2 Ba2
P-1 P-1 P-1 P-3 P-1 P-1 P-3 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-2 P-2 NP P-2 P-3 NP P-2 NP P-1 P-2 P-3 P-2 NP P-2 P-1 P-2 P-2 P-2 P-3 P-2 P-2 P-1 NP P-2 NP NP NP NP NP NP

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
NETHERLANDS ABN AMRO Bank N.V. ABN AMRO Holding N.V. B of A Issuance B.V. BNY Mellon Asset Servicing B.V. Caixa Catalunya Int'l Fin. B.V. Caja Madrid SD Finance BV Caja Vital Finance B.V. CB Finance Company B.V. Credit Europe Bank N.V. Demir-Halk Bank (Nederland) N.V. Fortis Bank Nederland (Holding) Fortis N.V. Friesland Bank N.V. GarantiBank International N.V. HypoVereins Finance N.V. ING Bank N.V. KBC IFIMA N.V. LeasePlan Corporation N.V. Mizuho Corporate Bank Nederland NIBC Bank N.V. NurFinance B.V. Postbank Groen N.V. Rabo Financial Products B.V. Rabobank Int'l Equity Deriv. Rabobank Nederland Rabobank Nederland, Netherlands Rabohypotheekbank N.V. RI Financial Structures B.V. Sabadell International Capital Sabadell International Finance SNS Bank N.V. VTB Europe Finance B.V. NETHERLANDS ANTILLES Rabobank Curacao N.V. SMBC International Finance N.V. NEW ZEALAND ANZ Banking Group (NZ) Ltd. ANZ National (Int'l) Ltd ANZ National Bank Ltd ASB Bank Limited Bank of New Zealand Citibank, N.A. (Auckland Branch) Deutsche Bank AG, New Zealand Lease Plan New Zealand Limited National Bank of New Zealand Rabobank Nederland, NZ Branch Westpac New Zealand Limited Westpac Securities NZ Limited NORWAY Den norske Bank ASA Den norske Creditbank DNB NOR Bank ASA Eksportfinans ASA Nordea Bank Norge ASA SpareBank 1 Gruppen AS NEG NEG NEG NEG STA STA Aa1 Aa1 B B Aa1 Aa1 Aaa Aa1 Aa2 Aa2 Aa2 Aa1 Aa2 Aaa A3 P-1 P-1 P-1 P-1 P-2 STA STA STA STA STA RUR STA STA STA STA STA STA Aa2 Aa2 Aa2 Aa2 C+ BC+ C+ Aa2 Aa2 Aa2 Aa2 Aa2 Aa1 Aa2 Aaa Aa2 Aa3 Aa3 Aa3 Aa2 Aa3 Aa3 Aa2 Aa2 Aa2 Aa2 Aa2 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 STA STA Aaa Aa3 P-1 STA(m) STA RUR STA NEG STA STA STA STA STA RUR RUR STA STA STA STA NEG RUR NEG STA STA STA STA STA STA STA STA STA STA STA NEG STA Aa2 Baa3 Ba1 A1 A2 A3 Aa2 Baa1 Aaa A1 B D+ D+ C C C B C C B+ C+ Aa2 (P)Aa3 Aa2 A2 A1 Aa3 A1 A2 A2 Aa2 Aa2 A3 Aa2 Baa1 B1 Aa2 Aaa Aaa Aaa Aaa Aaa Aaa Aa3 A1 Baa2 Aa3 (P)A1 Aa3 A1 A1 Ba1 A2 A3 Baa1 A2 Aa3 Aa3 Baa1 Baa2 Aa3 Aa1 Aa1 Aa1 A1 A2 Baa3 Aa2 Aaa Baa2 A3 Aaa P-1 P-1 P-1 P-3 NP P-1 P-1 P-2 P-1 P-1 P-1 P-2 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
SpareBank 1 Nord-Norge SpareBank 1 SMN SpareBank 1 SR-Bank Sparebanken Oest Sparebanken Vest Storebrand Bank OMAN Ahli Bank S.A.O.G. Bank Dhofar SAOG BankMuscat S.A.O.G National Bank of Oman Limited Oman Arab Bank (SAOC) Oman International Bank (SAOG) PAKISTAN Habib Bank Ltd. MCB Bank Limited National Bank of Pakistan United Bank Ltd. PANAMA Banco Internacional Costa Rica Bladex S.A. Primer Banco del Istmo, S.A. PERU Banco de Credito del Peru Banco Internacional del Peru PHILIPPINES Allied Banking Corporation Banco De Oro Unibank, Inc. Bangko Sentral ng Pilipinas Bank of the Philippine Islands Devel. Bank of the Philippines Land Bank of the Philippines Metropolitan Bank & Trust Co. Philippine National Bank Rizal Commercial Bank Corp. United Coconut Planters Bank POLAND Bank BPH SA Bank Gospodarki Zywnosciowej SA Bank Handlowy w Warszawie S.A. Bank Millennium S.A. Bank Polska Kasa Opieki SA Bank Zachodni WBK S.A. Bre Bank Hipoteczny BRE Bank S.A. Europejski Fundusz Leasingowy SA Getin Bank SA ING Bank Slaski S.A. Kredyt Bank S.A. Lukas Bank S.A. Powszechna Kasa Oszczednosci Bk Rabobank Polska SA
NEG NEG NEG NEG(m) STA NEG STA STA STA STA STA STA RUR RUR RUR RUR STA STA STA STA STA RUR STA(m) POS STA(m) STA(m) STA(m) STA(m) STA(m) STA(m) STA RUR STA RUR STA NEG(m) STA(m) RUR STA RUR NEG STA STA RUR STA STA
Aa3 Aa3 Aa3 A1 A1 A2 Baa1 A3 A2 A3 A2 A3 B3 B3 B3 B3 Ba1 Baa2 Baa2 Ba2 Ba2 B1 B1 B1 B1 B1 B1 B1 B1 B1 Baa2 A2 A2 A3 A2 A2 Baa1 A2 Ba2 A2 A2 A2 A2
C+ C+ C+ CC CD D+ CD+ CD+ DD D DD CCD+ D+ E+ D CD DD E+ DE DD CD C CDD D D+ D CC
Aa3 Aa3 Aa3 A1 A2 A1 Baa2 B1 Ba3 Aa2
A1 A1 A1 A2 A3 Baa3 Ba3 Baa3 Ba2 Aa3
Aa3 Aa3 Baa2 A1
P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-2 P-1 P-2 P-1 P-2 NP NP NP NP NP P-2 P-2 NP NP NP NP NP NP NP NP NP NP NP P-2 P-1 P-1 P-2 P-1 P-1 P-2 P-1 NP P-1 P-1 P-1 P-1 P-1

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
PORTUGAL Banco BPI S.A. Banco BPI S.A. (Madeira) Banco BPI S.A. (Santa Maria) Banco Comerc.Portugues, Madeira Banco Comercial Portugues, S.A. Banco Espirito Santo, Madeira Banco Espirito Santo, S.A. Banco Itau Europa, S.A. Banco Portugues de Negocios Banco Privado Portugues S.A. Banco Santander Totta S.A. BANIF-Banco Internac. do Funchal BANIF-Sucursal Financ. Exterior BPN - SGPS, S.A. BPN-Banco Port. de Neg, S.A. Caixa Economica Montepio Geral Caixa Geral de Depositos Madeira Caixa Geral de Depositos, S.A. Espirito Santo Plc Sanpaolo IMI Bank (Intl) S.A. QATAR Commercial Bank of Qatar Doha Bank Q.S.C. Qatar National Bank ROMANIA Banca Comerciala Carpatica Banca Comerciala Romana S.A. BRD - Groupe Societe Generale Raiffeisen Bank SA RUSSIA Absolut Bank Agency for Housing Mtg Lending Agroimpuls JSCB Ak Bars Bank Akibank Alfa-Bank Aljba Alliance Commercial Bank Avtovazbank Baltinvestbank Baltiyskiy Bank Bank Saint-Petersburg OJSC Bank Severnaya Kazna Bank Societe Generale Vostok Bank SOYUZ, JSCB Bank Uralsib Bank Uralsky Financial House Bank VTB North-West Bank VTB, JSC BTA Bank (Russia) Center-Invest Bank CentroCredit Bank Comm. Bk "Renaissance Cap", LLC Commercial Bk Agropromcredit Credit Bank of Moscow Credit Europe Bank Ltd. STA STA STA STA STA STA STA STA STA STA STA RUR STA RUR STA STA STA(m) STA(m) STA STA STA RUR STA STA STA Baa3 B3 Ba2 B3 Ba1 B3 Caa1 B3 B2 Ba3 Caa2 Baa2 B2 Ba3 B3 Baa1 Baa1 B1 B1 B3 B1 B2 B1 Ba1 D E+ DE+ D+ E+ E E+ E+ DE DE+ DE+ DDE+ E+ E+ E+ E+ E+ DBaa3 Ba2 Ba3 B2 A2 B1 B1 B1 Ba1 Ba2 B1 A3 A2 A3 P-3 P-1 NP NP NP NP NP NP NP NP NP NP P-2 NP NP NP P-2 P-2 NP NP NP NP NP NP NP STA STA STA STA Ba3 Baa3 Baa3 Baa3 DD D+ D NP P-3 P-3 P-3 STA STA STA A1 A2 Aa3 CD+ CA1 A2 A2 A3 P-1 P-1 P-1 STA STA STA STA STA STA STA STA RUR RUR STA STA STA RUR RUR STA STA STA STA STA A1 Aa3 Aa3 Baa1 Ba2 Aa3 A2 Baa3 A2 Aa1 C C+ C+ C D C+ C D+ C C A1 A1 A1 Aa3 Aa3 Aa3 Baa1 Baa3 Aa3 A2 A2 A2 Aa1 Aa1 Aa2 A2 A2 A2 A1 A1 A1 Baa2 Ba1 A1 A3 A3 A3 Aa2 Aa2 A1 Ba1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-3 NP P-1 P-1 P-1 P-3 P-1 P-1 P-1 P-1 P-1

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
DeltaCredit Bank Eurokommerz Holding Limited European Trust Bank Evrofinance Mosnarbank Expobank Far Eastern Bank First Czech Russian Bank First Republic Bank JSC First United Bank Fundservicebank Gazbank JSCB Gazenergoprombank Gazinvestbank Gazprombank Guta Bank Home Credit & Finance Bank ING Bank Eurasia International Industrial Bank International Investment Bank Interprombank, JSCB Investment Trade Bank JSB Rosbank JSCB Bank of Moscow Kedr Bank KIT Finance Investment Bank Locko-bank MDM Bank Metallinvestbank JSCB Metkombank Moscow Bank for Reconstr.&Devel Moscow Capital Bank Moscow Mortgage Agency My Bank National Bank TRUST National Factoring Company National Reserve Bank National Standard Bank Natsionalny Kosmichesky Bank OAO NBD Bank Nomos Bank Petersburg Social Comm Bank Petrocommerce Bank Promsvyazbank Promtorgbank Rosdorbank Rosevrobank Rosprombank Rossiyskiy Kredit Bank Rusfinance Bank Russ-Bank, OJSC Russian Agricultural Bank Russian Bank for Development Russian International Bank Russian Regional Develop. Bank Russian Standard Bank Russlavbank Sberbank SKB-Bank SMP Bank
STA STA STA STA RUR STA STA STA STA STA STA STA STA STA(m) STA STA STA STA STA STA STA POS(m) STA(m) STA RUR STA STA NEG(m) STA RUR RUR STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA POS RUR STA STA NEG STA STA(m) STA STA
Baa1 B3 Ba3 B3 Ba3 B3 B3 B3 B2 B2 Ba3 Caa1 Baa1 Caa1 Ba3 Baa1 B1 B3 B3 B2 Baa3 Baa1 B2 Caa2 B2 Ba1 B2 B3 B1 Caa2 Ba2 B3 B1 B2 B2 B3 B2 Ba3 B3 Ba3 Ba2 B3 B3 B1 B3 Caa1 Baa2 B2 Baa1 Baa2 B3 Ba1 Ba2 B3 Baa1 B2 B3
D E+ E+ E+ E+ E+ E+ E+ E+ E+ E+ E DE DD E+ E+ E+ E+ D D E+ E E+ D+ E+ E+ E+ E E+ E+ E+ E+ E+ E+ E+ E+ DE+ DD E+ E+ E+ E+ E E+ E+ E+ E+ E+ E+ D E+ D+ E+ E+
B3 A3 Ba3 B1 Baa3 A3 B2 Ba1 B1 B3 B1 B3 Ba3 Ba3 Ba2 B1 A3 Ba2 A2
Baa1 Ba2 B2 B1 Ba3 Baa1 Ba3 A2
B2
P-2 NP NP NP NP NP NP NP NP NP NP NP NP P-2 NP NP P-2 NP NP NP NP P-3 P-2 NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP P-2 NP P-2 P-2 NP NP NP NP P-2 NP NP

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
Sobinbank Solidarnost Sovcombank Stroykredit Bank Sudostroitelny Bank Sviaz-Bank Tatfondbank TranscapitalBank JSC Bank TransCreditBank TRUST Investment Bank TumenEnergoBank Uniastrum Bank Ural Bank for Reconstr. & Dev-t URSA Bank Vnesheconombank Vneshprombank Vostochny Express Bank Vozrozhdenie Bank VTB24 ZAO Raiffeisenbank Zenit Bank SAINT LUCIA First Citizens (St. Lucia) Ltd SAUDI ARABIA Al Rajhi Bank Arab National Bank Bank Al-Jazira Banque Saudi Fransi National Commercial Bank Riyad Bank Samba Financial Group Saudi British Bank Saudi Hollandi Bank Saudi Investment Bank SINGAPORE Axis Bank Ltd, Singapore Branch Barclays Bank PLC, Singapore Bayerische Hypo-Ver. Singapore DBS Bank Ltd. Deutsche Bank AG, Singapore Br. DVB Group Merchant Bank (Asia) ICICI Bank Ltd, Singapore JPMorgan Chase Bk, NA, Singapore Krung Thai Bank, Singapore Br. LBBW, Singapore Branch Nord/LB GZ (Singapore Branch) Oversea-Chinese Banking Corp Ltd Rabobank Nederland, Singapore Br Siam Commercial Bank (Singapore) Toronto Dominion(SouthEast Asia) United Overseas Bank Limited SLOVAK REPUBLIC Ceskoslovenska obchodna banka Eximbanka SR Istrobanka, a.s. OTP Banka Slovensko, a.s. (OBS)
POS(m) NEG STA STA STA RUR RUR STA STA STA RUR RUR RUR STA STA(m) STA STA STA STA(m) STA STA STA STA STA STA STA(m) STA STA STA(m) STA(m) STA STA STA NOO STA STA STA STA STA NEG STA NEG STA STA STA STA STA STA STA POS STA(m) RUR
B3 B3 B3 B3 B3 Caa2 B2 B1 Ba1 B1 Caa2 B2 B3 Ba3 Baa1 B3 B3 Ba3 Baa1 Baa1 Ba3 A1 A1 A3 A1 A1 A1 A1 A1 A1 A2 Aa1 Aa1 Aa2 Baa1 Aa1 Aa1 A2 A1 Baa1
E+ E+ E+ E+ E+ E E+ E+ DE+ E E+ E+ DE+ E+ E+ DDD+ D C C D+ C+ C C C+ C+ CC B B B D DD-
B2 B1 Ba1 B1 Ba3 B3 A2 Baa1 Ba3 A1 A1 NR Baa2 A1 A1 Baa2 Aaa Aa1 Aa1 Aaa A3 Aaa
B2 B1 A2 Baa2 A2 Baa2 A2 Aa2 Baa2 Aa2 Aa2 Aa1 Aa1 Aa2
NP NP NP NP NP NP NP NP NP NP NP NP NP NP P-2 NP NP NP P-2 P-2 NP P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
Privatbanka a.s. Slovenska sporitelna, a.s. Tatra banka, a.s. UniCredit Bank Slovakia a.s. Vseobecna uverova banka, a.s. SLOVENIA Abanka Vipa d.d. Nova Kreditna banka Maribor d.d. Nova Ljubljanska banka d.d. SOUTH AFRICA ABSA Bank Limited African Bank Limited Development Bk of So. Africa FirstRand Bank Limited Investec Bank Ltd. Nedbank Limited Standard Bank of South Africa SPAIN Banca March S.A. Bancaja Emisiones, SA Uniperson. Bancaja US Debt, S.A.U. Banco Bilbao Viz. Argentar. S.A. Banco Cooperativo Espanol, S.A. Banco Credito Local Espana Banco De Valencia S.A. Banco Espanol de Credito S.A. Banco Guipuzcoano Banco Pastor, S.A. Banco Popular Espanol, S.A. Banco Sabadell, S.A. Banco Santander S.A. (Spain) Banesto Banco de Emisiones, S.A. Bankinter Emisiones,SA Uniperson Bankinter, S.A. BBVA Capital Finance, S.A BBVA International Limited BBVA Senior Finance, SA Unipers. BBVA Subordinated Capital, SA BBVA U.S. Senior, SA Unipersonal Bilbao Bizkaia Kutxa BPE Financiaciones, S.A. Caixa Catalunya Caixa Catalunya Prf. Issnce. Ltd Caixa d'Estalvis de Manresa Caixa d'Estalvis de Tarragona Caixa d'Estalvis de Terrassa Caixa d'Estalvis del Penedes Caixa Galicia Caixanova Caja Ahorros Monte Piedad Madrid Caja Ahorros Valencia, Bancaja Caja Cantabria Caja de Ahorros de Avila Caja de Ahorros de La Rioja Caja de Ahorros de Vitoria Alava Caja de Ahorros del Mediterraneo Caja de Ahorros Mun. de Burgos
STA STA STA STA STA STA STA STA STA(m) STA POS POS STA(m) STA(m) STA(m) STA RUR STA STA STA STA NEG STA NEG NEG STA STA STA STA STA STA STA STA NOO NOO STA STA STA NEG NEG STA NEG STA STA(m) STA(m) NEG STA STA STA NEG STA STA NEG STA
B2 A1 A1 A2 Aa3 A3 A1 Aa3 Baa1 Baa2 Baa1 Baa1 Baa1 Baa1 A2 Aa1 A1 Aa1 A3 Aa2 Baa1 A2 Aa1 Aa3 Aa1 Aa3 A1 A2 A2 Baa1 A3 A2 A2 A1 Aa3 A2 A2 Baa1 A2 A1 A2 A2
E+ CCD+ CD+ CC C D+ C C C C+ C B C+ B CBCC B+ BB B C+ C C CCC C C+ C+ C CCCC+ C C
A2 A2 A2 A2 A2 Aa1 Aa1 A3 Aa2 A2 Aa3 Aa1 Aa2 Aa3 Aa1 Aa1 Aa1 A2 A3 A2 Aa3 A2 A2 A2
A2 A1 A2 A2 A3 A3 Aa2 Baa1 Aa3 A3 A1 Aa2 Aa3 A1 Aa2 A2 Aa2 A3 A3 Baa1 A3 A1 A3 A3 A3
A2 Aa1 A2 Aa1 A1 A2 A2 A2 A2 A2
NP P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-2 P-2 P-1 P-2 P-2 P-2 P-1 P-1 P-1 P-1 P-2 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
Caja Duero Caja Espana de Inversiones Caja Insular de Ahor.de Canar. Caja Laboral Popular Coop.de Crt Cred. Caja Rural de Granada Caja Rural de Navarra Caja Segovia Cajamar Cj. Rrl., Soc. Coop. Cr. Confederacion Espanola Ahorro Dexia Sabadell, S.A. Ibercaja Instituto de Credito Oficial La Caixa Lico Leasing, S.A. Pastor Internacional Debt, S.A. Santander Consumer Finance S.A. Santander Finance Preferred SA Santander Int'l Debt, S.A. Santander Iss. S.A. Unipersonal Santander Perpetual, SA Uniper. Santander US Debt, SA Unipers. Unicaja SWEDEN Dexia Credit Local, Stockholm Dexia Public Finance Norden Foreningsbanken AB Landshypotek AB (publ) Lansforsakringar Bank AB (publ) Nordea Bank AB Nordea Bank Sweden AB (publ) Nordea Hypotek AB (publ) SEB Stadshypotek AB Svenska Handelsbanken AB Swedbank AB Swedbank Mortgage AB Swedish Export Credit Corp. Swedish Housing Finance Corp Volvofinans Bank AB SWITZERLAND Bank Julius Baer & Co. AG Bank Morgan Stanley AG Bank Vontobel AG Banque Cantonale Vaudoise Banque SYZ & Co. S.A. BSI AG Clariden Leu AG Clientis AG Credit Suisse Credit Suisse (Old) Credit Suisse Group EFG Bank EFG International Financiere SYZ & Co. S.A. HSBC Private Bank (Suisse) SA HSBC Private Bnkg Hlds (Suisse) SA Julius Baer Holding AG Raiffeisen Schweiz
STA NEG STA STA STA STA NEG STA STA RUR STA STA STA STA NEG STA STA NOO STA NOO STA STA RUR RUR NOO STA STA STA STA STA STA STA STA NEG NEG STA NEG NEG(m) STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA
A2 A3 A3 A1 A3 A2 Baa1 A2 Aa2 A2 A1 Aa1 A2 A1 Aa3 Aa3 A2 A2 Aa1 Aa2 Aa1 Aa3 Baa1 Aa3 A1 A1 A1 A3 A1 Aa2 A3 Aa1 A2 Aa2 Aa1
C CCC+ CC CC BC+ C+ B C+ B C+ C B B B C+ CBC+ C+ CC C+ BC B C+ B C+
A3 A3 A2 A1 Aaa Aa1 A2 A1 Aa1 Aa1 Aa3 A2 Aa1 Aa1 Aa3 Aa2 Aa1 Aa3 Aa3 Aa1 A1 Aa1 Aa2 Aa1
A3 Baa1 Baa1 A2 Aa2 A3 A2 Aa2 Aa2 Aa2 A1 A1 NR Aa2 Aa2 A1 Aa3 Aa2 A1 A1 Aa2 A2 Aa2 Aa2 Aa3 A3
A2 A1 Aa1 Aa2 Aa1 Aa3 Aa3 Aa1 A1 Aa1 A2 A3 Aa2 Aa3 A1
P-1 P-2 P-2 P-1 P-2 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
SIX SIS Ltd SIX x-clear Ltd St. Galler Kantonalbank Swiss Bank Corporation UBS AG Union Bank of Switzerland Valiant Bank AG Vontobel Holding AG Zuercher Kantonalbank TAIWAN Bank of Taiwan Bank Sinopac Cathay United Bank Co., Ltd Chang Hwa Commercial Bank China Dev. Industrial Bank Chinatrust Commercial Bank, Ltd. Chinatrust Financial Hold Co Ltd E. Sun Commercial Bank, Ltd. E. Sun Financial Holding Co. Ltd First Commercial Bank First Financial Holding Company Fubon Financial Holding Co. Ltd. Hua Nan Commercial Bank Ltd. Land Bank of Taiwan Mega Financial Holding Co., Ltd Mega Int'l Commercial Bank SinoPac Holdings Taipei Fubon Bank Taishin Financial Holding Co. Taishin International Bank Taiwan Cooperative Bank THAILAND Bangkok Bank Bank of Ayudhya Export-Import Bank of Thailand Government Housing Bank,Thailand KASIKORNBANK Public Co. Ltd Krung Thai Bank Siam City Bank Public Co. Ltd. Siam Commercial Bank Public Co. Stand. Charter. B (Thai) Pblc Co TMB Bank Public Company Ltd UOB (Thai) Public Company Ltd TRINIDAD & TOBAGO First Citizens Bank Limited TUNISIA Amen Bank Arab Tunisian Bank Banque de Tunisie Banque Int'le Arabe de Tunisie Central Bank of Tunisia Societe Tunisienne de Banque TURKEY Akbank TAS Anadolubank AS
STA STA STA NOO STA NOO STA STA STA STA STA RUR STA STA STA STA STA STA STA STA NEG STA STA STA STA STA STA RUR RUR STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA POS(m)
Aa1 Aa1 Aa1 Aa2 A1 Aaa Aa3 Baa1 A1 A3 Baa1 A2 Baa1 A3 A3 Aa3 A1 A2 Baa1 A2 Baa1 Baa2 Baa1 Baa1 Baa1 Baa2 Baa1 Baa1 Baa2 Baa1 Baa1 Baa2 Baa2 Baa2 Baa2 Baa2 B1 B1
B+ B+ B B C+ C+ D+ D+ CD CC D+ D D D C C D+ D D+ D E+ D+ DD D+ D+ DD CDD D+ D E+ CD
NR Aa2 NR Aaa NR
Aa3 Aa3 Aa3 A2
Aa2 A2 A3 Baa2 Baa1 Baa1 A3 Baa2 Baa3 Baa1 A3 A3
P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-2 P-1 P-2 P-2 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-2 P-2 P-2 P-2 P-2 P-3 P-2 P-2 P-2 P-2 P-2 P-2 P-2 P-2 P-2 P-2 NP NP

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
Asya Katilim Bankasi A.S. Bankpozitif Kredi Kalk Bk A.S. Denizbank A.S. Ekspo Faktoring A.S. Eurobank Tekfen AS Finans Finansal Kiralama A.S. Finansbank AS HSBC Bank A.S. (Turkey) T.C. Ziraat Bankasi Toplu Konut Idaresi Baskanligi Turk Ekonomi Bankasi AS Turkiye Garanti Bankasi AS Turkiye Is Bankasi AS Turkiye Sinai Kalkinma Bank. AS Turkiye Vakiflar Bankasi TAO Yapi ve Kredi Bankasi AS UKRAINE Active-Bank Alfa Bank Ukraine Bank Evropeyskiy Bank Finance and Credit, OJSC Bank Nadra Calyon Bank Ukraine Credit Dnepr Bank DonGorBank, CJCS Express-Bank First Ukrainian Int'l Bk, CJSC Forum Bank Imexbank JSCB Index-Bank Industrialbank, JSCB ING Bank Ukraine Khreschatyk Bank Kreditprombank OTP Bank (Ukraine) Pivdennyi Bank, JSCB Pravex-Bank Privatbank Prominvestbank Raiffeisen Bank Aval Rodovid Bank Savings Bank of Ukraine Subsidiary Bank Sber of Russia Swedbank Invest Swedbank OJSC Ukreximbank Ukrgasbank Ukrgazprombank Ukrprombank UkrSibbank Ukrsotsbank VAB Bank UNITED ARAB EMIRATES Abu Dhabi Commercial Bank Abu Dhabi Islamic Bank Arab Bank Plc (Dubai Branch) Commercial Bank of Dubai PSC Dubai Bank
STA STA STA STA STA STA STA STA STA STA POS(m) STA STA(m) STA STA STA(m) STA STA STA STA STA STA POS(m) STA STA STA STA(m) STA STA STA STA STA STA STA STA STA STA RUR STA RUR STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA POS
B1 B1 B1 B1 B1 B1 B1 B1 B1 B1 B1 B1 B1 B3 B2 B3 B2 B2 B2 B3 B2 B3 B2 B2 B3 B2 B3 B2 B2 B2 B2 B2 B2 B2 Caa2 B2 B3 B2 B2 B2 B2 B2 B2 B3 B2 B2 B2 B2 Aa3 A3 A2
D D C D CCD+ D+ CD+ D+ D+ D+ E+ E+ E+ E+ E+ D E+ E+ E+ E+ E+ E+ E+ E+ D E+ E+ D E+ E+ DE D E+ E+ E+ E+ E+ DE+ E+ E+ D D E+ CD D+ D
Ba3 B1 B1 Baa1 B3 B2 B1 Ba3 B2 Ba2 Ba3 Baa2 B3 Ba1 Ba2 Ba2 Ba3 Ba3 Ba3 B2 Aa3
Ba3 Ba3 A1
Ba3 Ba1 Ba3 A2 A3
NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP P-1 P-1 P-2 P-1 P-2

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
Dubai Islamic Bank PJSC Emirates Bank Int'l PJSC First Gulf Bank HSBC Bk Middle E. Ltd (UAE Br) MashreqBank psc National Bank of Abu Dhabi National Bank of Dubai PJSC National Bank of Ras-Al-Khaimah Tamweel PJSC Union National Bank PJSC UNITED KINGDOM Abbey Nat'l Treasury Int'l Ltd. Abbey Nat'l Treasury Services Abbey National plc ABN AMRO Bank N.V. London Branch Alliance & Leicester Gp Trsy Alliance & Leicester plc Alpha Credit Group plc ANZ National (Int'l) Ltd,London ASB Finance Limited, London Br Attica Funds plc Banca Monte dei Paschi, London Banco Bilbao Viz Arg, SA Ldn Br Banco Espirito Santo, London Banco Pop Societa Coop, Lndn Br Banco Sabadell S.A., London Br Banco Santander Totta SA, London Bank of Baroda (London) Bank of India (London) Bank of Scotland plc Barclays Bank PLC Barclays Financial LLC Barclays Plc Bayerische Landesbank, London Bradford & Bingley plc Bradford&Bingley Capital Fnd.LP Bremer Landesbank Capital Mkts Bristol & West plc Britannia Building Society Cariverona Banca SpA (London) Chelsea Building Society Cheltenham & Gloucester plc Cheshire Building Society CIBC World Markets plc Citibank International Plc Citibank, N.A. (London Branch) Close Brothers Ltd. Clydesdale Bank plc Co-Operative Bank Plc Commerzbank AG, London Branch Coventry Building Society Credit Agricole S.A., London Credit Suisse (London) Branch Credit Suisse International DB UK Bank Limited DEPFA Funding II LP Derbyshire Building Society Deutsche Bank AG, London Brch DKB International PLC
STA STA STA STA STA STA STA STA STA STA STA STA STA DEV STA STA STA STA STA STA STA STA STA STA STA STA STA STA RUR RUR STA RUR STA NEG NEG NOO NOO NEG STA NEG RUR RUR NEG RUR RUR STA STA STA STA STA RUR STA STA STA RUR RUR STA STA
A1 A2 Aa2 A2 Aa3 A1 Baa1 A1 Aa3 Aa3 Aa3 Aa1 Aa3 Aa1 Aa1 Baa3 A2 A2 Aaa A3 Aa2 Aa3 A2 Aa3 A2 A2 Aa1 Aa1 Aa3 A3
D+ CD+ CC CD+ D+ C+ C+ B B C C B+ C B C+ BC C+ C C
A1 A2 A2 Aa3 A1 Baa1 A1 Aa3 Aa3 (P)Aa3 Aa2 Aa3 Aa3 A1 Aa2 Aa2 Aa3 Aa3 Baa2 Baa2 Aa1 Aa1 Aa1 Aaa Baa3 Aa1 A2 Aa3 A2 Aaa A3 Aa2 Aa3 Aa1 Aa3 A2 A2 Aa1 Aa1 Aa1 A3 Aa1 Aa2
A2 A3 A3 A2 A1 A1 A1 A2 Aa3 Aa3 Ba2 A1 A1 Baa2 Baa2 Aa2 Aa2 Ca C Aa3 A3 A3 Aa1 Baa1 Aa3 A1 A1 A3 A3 Aa2 Aa2 Aa2 Ba3 Baa1 Aa1
A1 A3 Aa3 Aa3 Aa1 Aa1 Aa2 Aaa Aa1 Aa3
P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-3 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
Dunfermline Building Society EFG Hellas PLC Egg Banking Plc Halifax plc HBOS plc HBOS Treasury Services Plc HFC Bank plc HSBC Bank plc HSBC Holdings plc HSH Nordbank, London Branch ICICI Bank UK Plc. Investec Bank (UK) Ltd Investec PLC J.P. Morgan Securities Ltd JPMorgan Chase Bank, London Landesbank Berlin, London Br. LB Baden-Wuerttemberg Capl Mkts Leeds Building Society Leeds Permanent Building Soc. Lloyds TSB Bank Plc Lloyds TSB Group plc Mitsubishi UFJ Trust Int. Ltd Mizuho International plc Morgan Stanley Bank Int''l Ltd. Nat. Australia Cap. Secs. National Westminster Bank PLC Nationwide Building Society Newcastle Building Society Nord/LB Norddeutsche Sec. plc Northern Rock plc Norwich & Peterborough Bldg Soc Nottingham Building Society Portman Building Society Principality Building Society RBC Dexia Investor Services Ltd Royal Bank of Canada (London) Royal Bank of Scotland Group plc Royal Bank of Scotland plc Scarborough Building Society Scotiabank Europe Plc Skipton Building Society Standard Bank Plc Standard Chartered Bank Standard Chartered PLC Standard Life Bank Limited Standard Life Funding B.V. State Bank of India, London Sumitomo Mitsui Banking Europe UBS AG, London Branch UBS Limited Ulster Bank Limited VTB Bank Europe plc Wellcome Trust Wellcome Trust Finance plc West Bromwich Building Society Westpac Securities NZ, London Woolwich plc Yorkshire Building Society
RUR STA STA RUR RUR NOO STA STA STA STA STA NEG(m) NEG NEG NEG STA STA STA NOO RUR RUR NEG NEG RUR NEG STA NEG STA STA DEV STA STA STA RUR STA STA STA STA RUR STA STA(m) STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA RUR NEG
A3 Aa1 Baa2 Baa1 A2 Aaa A1 Aa1 Aa2 A2 A2 A2 A3 A2 Aaa Aa1 A3 A2 A3 A2 A2 Aa2 Aa2 Baa2 A3 A2
C B D C C+ B+ B B B C E+ C C C B C C+ CC+ C C C+ D C C
A3 Aa3 Aa3 Aa1 Aa2 Aa1 Aa3 Aa1 Aa2 Aa1 Baa2 Aaa A1 Aaa A2 Aaa Aa1 Aa2 Aa1 Aa2 A2 Aa1 A2 Aa2 A2 Aaa Aa2 Aa1 Aa1 A2 A3 A2 A3 A2 Baa2 Aa2 Aaa A3 Aa2 Aa1 A2
Baa1 A1 A1 Aa2 Aa3 A1 Aa2 Aa3 Aa1 Baa3 A2 A3 Aa2 Aa1 Aa2 Aa2 Aa2 Aa3 A3 Aa1 B1 Aa3 A3 Aa1 Aa3 Aa2 Baa2 A3 Baa1 A3 Baa1 A3 Baa2 Aa3 Baa1 Aa2 A3
Aa2 Aa1 Baa2 Aaa Aa2 A1 Aa1 Aa3 Aa2 Aa2 Aaa
P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-2 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-2 P-1 P-2 P-1 NR P-1 P-1 P-3 P-1 P-1 P-1 P-1 P-2 P-2 P-1 P-1

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
UNITED STATES ABN AMRO Bank N.V., Chicago ABN-AMRO Bank N.V., New York Allfirst Financial Inc. Allied Irish Banks, NY Amarillo National Bank Amegy Bank National Assoc. Amegy Corporation American Express Bank Ltd. American Express Bank, FSB American Express Centurion Bank American Savings Bank, FSB AmSouth Bancorporation AmSouth Bank Associated Banc-Corp Associated Bank, N.A. Astoria Federal Savings & Loan Astoria Financial Corporation B.F. Saul Real Est. Inv. Tr. Banca Intesa, New York branch Banco Bradesco S.A., (New York) Banco Estado, New York Branch Banco Popular de Puerto Rico Banco Santander Puerto Rico BancorpSouth Bank BancorpSouth, Inc. BancWest Corporation Bank of America Corporation Bank of America, N.A. Bank of Hawaii Bank of Hawaii Corporation Bank of Ireland, Connecticut Br. Bank of Montreal, Chicago Br. Bank of Nevada Bank of New York Mellon (The) Bank of New York Mellon Corp. Bank of Nova Scotia, NY Bank of Nova Scotia, Portland Bank of Oklahoma, N.A. Bank of Scotland/New York Bank of the West Bank of Tokyo-Mitsub.UFJ Trust BANK ONE CORPORATION Bank One N.A. (Chicago) Bank One, Delaware, N.A. Bank One, Illinois, N.A. Bank One, Michigan Bank One, National Association Bank United BankAmerica Corporation Banque Paribas, New York Branch Barclays Bank PLC, New York Bayerische Landesbank, New York BB&T Corporation BB&T Financial, FSB BBV Argentaria Puerto Rico Bk of Tokyo-Mitsubishi UFJ, Ltd. BMW Bank of North America BNP Paribas, New York Branch STA STA STA STA STA RUR RUR STA NEG NEG STA NEG NEG NEG NEG STA NEG NEG STA STA NEG NEG STA STA STA RUR RUR STA STA NEG STA NEG STA STA STA STA STA RUR STA(m) NEG NEG NEG NEG NEG NEG NEG RUR RUR STA RUR STA STA STA STA NEG NEG(m) STA Aa2 Aa2 A3 A2 A1 A1 A3 A1 A1 Aa2 A2 A2 A2 A2 Aaa Aa3 Aa2 Aa1 Baa2 Aaa Aa1 A1 Aa1 Aa3 Aa2 Aaa Aaa Aa1 Aa2 Aa2 Aa3 A2 Aa1 C C+ BBC BB C+ C C+ AB CB+ B BC B+ C C A2 A1 A1 (P)A2 A1 A2 Baa3 A2 Aa2 Aaa A1 Aa1 Aaa Aa2 Aa2 Aaa Aaa Aaa Aa2 Aa2 (P)Aa3 Aa3 Aa3 A3 A3 A2 A2 A3 A2 A3 A2 Aa3 A3 Aa3 Aa1 A1 Aa1 Aa3 Aa2 A2 Aa3 Aa1 Aa1 Aa1 Aa1 C Aa3 Aa2 Aaa A1 A1 Aa3 A3 A2 A3 A2 A1 A1 A3 A1 A2 Ba3 A2 A2 A2 A3 Aa2 Aaa Aa3 Baa2 Aaa Aa2 A1 Aa3 Aa2 Aa3 Aa3 A2 P-1 P-2 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
BNY Mellon National Association BNY Mellon Trust of Delaware Boatmen's Bancshares Inc. BOK Financial Corporation Branch Banking and Trust Co. Caixa Geral de Depositos/NY California Bank & Trust CALYON, New York Branch Canadian Imprl Bnk of Comm NY Capital One Bank Capital One Financial Corp. Capital One, N.A. Carolina First Bank Central Corporate Credit Union Charter One Bank, N.A. Chase Bank USA, N.A. Chase Manhattan Corporation (OLD) Chevy Chase Bank FSB Chittenden Corporation Citibank (South Dakota), N.A. Citibank, N.A. Citicorp Citigroup Capital XIII Citigroup Inc. Citizens Bank of Pennsylvania Citizens Bank, Michigan Citizens Republic Bancorp, Inc. City National Bank City National Corporation Colonial BancGroup, Inc. (The) Colonial Bank Columbus Bank & Trust Co. Comerica Bank Comerica Incorporated Commerce Bancshares, Inc. Commerce Bank, N.A. Commerzbank AG, New York Branch Compass Bancshares, Inc. Compass Bank Corporate Central Credit Union Corporate One FCU Countrywide Bank FSB Countrywide Financial Corp. Credit Industriel et Comm., NY Credit Suisse (New York) Branch Credit Suisse Group Fin.(US)Inc. Credit Suisse Grp Fin (DE) LLCI Cullen/Frost Bankers, Inc. DEPFA Bank plc New York Agency Deutsche Bank AG, New York Deutsche Bank Americas Fin. LLC Deutsche Bank Financial LLC Deutsche Bank National Trust Co Deutsche Bank Trust Co. Americas Deutsche Bank Trust Co. Delaware Deutsche Bank Trust Corporation Dexia Credit Local, NY Discover Bank Discover Financial Services
STA STA RUR STA STA STA RUR RUR NEG NEG NEG NEG NEG(m) STA STA NEG NEG NEG NOO RUR RUR RUR RUR RUR STA NEG NEG STA STA NEG NEG STA STA STA STA STA STA NEG NEG STA STA STA(m) RUR STA STA STA STA STA RUR STA STA STA STA STA STA STA RUR STA STA
Aaa Aaa Aa2 Aa1 A2 Aa1 Aa2 A2 A2 Baa1 Aaa Baa2 Aa1 Aa1 Aa3 A2 Aa3 Baa1 A2 A1 Aa2 Aa3 Aa3 Aaa Aa3 Aa1 A2 Aa1 Aa3 Aa3 Aa3 Aa3 Baa2
B+ B+ B+ C+ C+ C+ C B C B B B C+ B CC+ B B+ B B+ C C C C
Aaa A2 P-1 A2 A3 Aa3 Aaa Aa2 Aa1 Aa3 Aa3 A1 A1 A2 A1 Aa3 Aa2 Aa1 Aa2 (P)Aa2 Aa1 Aa1 Aa3 A1 Baa2 Baa3
Aa1 Aa3 Aa3 A3 Baa1 A1 Aa1 Aa3 Baa3 Baa1 A1 A1 Baa1 A1 Baa3 Baa2 A2 A3 (P)A2 A1 Aa3 Aa2 Aa3 (P)Aa3 A2 Aa2 A1 A2 Baa3
Aaa Aaa Aa2 A2 A2 A2 Baa1 Aaa Aa2 Baa2 Aa1 Aa1 Aa3 A2 A3 Aa3 A1 Baa2 Baa1 A2 A1 A2 Aa2 A1 Aa3 Aaa A1 Aa3 Aa3 Aa3 A1 Baa2
P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
DNB NOR Bank ASA, New York Doral Financial Corporation Downey Financial Corp. Downey Savings & Loan Assn. Dresdner Bank AG, NY Branch E*TRADE Bank Erste Bank, New York Erste Finance (Delaware) LLC Eurohypo AG, New York Branch European-American Bank FIA Card Services, N.A. Fifth Third Bancorp Fifth Third Bank, Michigan Fifth Third Bank, Ohio First Chicago NBD Corporation First Commercial Bank First Hawaiian Bank First Horizon National Corp. First Massachusetts Bank NA First Midwest Bancorp, Inc. First Midwest Bank First National Bank of Omaha First Tennessee Bank, N.A. First Union Nat'l Bk Of Florida First-Citizens Bank & Tr. Co. Firstar Bank, N.A. FirstBank Puerto Rico FirstMerit Bank, N.A. Flagstar Bank, FSB Fleet National Bank (Old) FleetBoston Financial Corp. Fortis Bank, New York Frost National Bank Fulton Bank Fulton Capital Trust I Fulton Financial Corporation Golden West Financial Corp. Goldman Sachs Bank USA Greater Bay Bancorp GreenPoint Bank Hancock Bank Hancock Bank of Louisiana Hancock Holding Company Harris Bankcorp, Inc. Harris N.A. Hibernia Corporation HSBC Bank USA, N.A. HSBC USA Inc. HSH Nordbank, New York Branch Hudson United Bank Hudson Valley Bank Huntington Bancshares Inc. Huntington National Bank Imperial Bank Independence Community Bank Independence Community Bank Corp Independent Bank ING (US) Issuance LLC Integra Bank National Associat.
NEG STA RUR RUR STA(m) NEG STA STA STA RUR RUR NEG NEG NEG NEG STA STA NEG STA STA STA STA NEG RUR STA STA STA STA RUR STA RUR RUR STA NEG NEG NEG RUR NEG RUR NEG STA STA STA STA STA NEG STA STA STA STA STA STA STA STA RUR RUR STA STA STA
Aa1 B3 Ba3 Aa3 A1 Aaa Aa3 Aa3 A2 Aa3 A2 A3 A3 A1 Ba1 A1 Ba1 A1 Aa3 A1 Aa3 A1 A1 Aa3 Aa2 Aa2 A2 A2 Baa1 A3
E D A B B C+ B C+ C C B D+ BD+ B B B BB B C+ C+ C+ C C
B1 Ca Aa2 Aaa A1 Aa3 Aa3 Aa2 (P)Baa1 (P)A3 A3 Ba1 A1 A1 Aa1 Aa3 Aa2 Aa3 Aa2 A3 A2 Baa2 Aa2
A1 Aa1 A2 A1 A1 Aa3 Baa2 Aa3 Baa1 Baa1 Baa1 Aa3 A2 Aa2 Aa1 Aa3 A2 A1 A3 A3 A1 Baa1 Aa3 A1 Aa3 Baa1 A3 A2 Baa2
Ca Ca Ba3 Aaa A1 Aa3 Aa3 Aa3 Baa1 A3 A2 A3 A3 A1 Ba1 A1 Ba1 Aa3 A1 A2 A1 Aa3 A1 A1 A2 Aa3 Aa2 A2 A2 Baa1 A3
P-1 NP NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-2 P-1 NP P-1 NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-2 P-2

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
INTRUST Bank, N.A. INTRUST Financial Corp. J.P. Morgan & Co. Incorporated JPMorgan Chase & Co. JPMorgan Chase Bank, N.A., NY BR JPMorgan Chase Bank, NA KeyBank National Association KeyCorp Korea Development Bank, NY Br. Landesbank Baden-Wuerttemberg, New York Branch Landesbank Hessen-Thuerin., NY LaSalle Bank Corporation LaSalle Funding LLC LaSalle National Corporation Lehman Brothers Bank, FSB Lehman Brothers Commercial Bank M&I Bank FSB M&I LLC M&I Marshall & Ilsley Bank M&T Bank Corporation Manufacturers & Traders Tr Co Marshall & Ilsley Corporation MBNA Corporation Members Untd Corp Fed. Credit Mercantile Bankshares Corp. Merchants National Corp Meridian Bancorp, Inc. Merrill Lynch Bank & Trust Co Merrill Lynch Bank USA Monogram Credit Card Bank of GA Morgan Gty. Trust Co. of NY Morgan Stanley Bank, N.A. National Australia Bk, NY Br. National City Bank National City Bank of Kentucky National City Bank, Indiana National City Bk of Pennsylvania National City Corporation National Commerce Financial Corp Natl Bank of Canada, NY Branch NBD Bancorp, Inc. Nevada State Bank New York Community Bancorp, Inc New York Community Bank Norddeutsche Landesbank GZ, NY Nordea Bank Finland Plc, NY Br North Fork Bancorporation, Inc. Northern Trust Company Northern Trust Corporation Old National Bancorp Old National Bank Pacific Capital Bancorp Pacific Capital Bank, N.A. People's United Bank People's United Financial Inc. PNC Bank, Delaware PNC Bank, N.A. PNC Financial Services Grp., Inc Popular North America, Inc.
STA STA NEG NEG NEG NEG STA STA NEG(m) STA STA RUR RUR RUR RUR RUR NEG NEG NEG STA STA NEG RUR STA NEG RUR RUR RUR RUR STA NEG RUR NEG RUR RUR RUR RUR RUR STA STA NEG RUR STA STA STA STA NEG STA STA NEG NEG NEG NEG POS POS NEG NEG NEG NEG
A3 Aaa A1 Aa1 Aa2 B3 Aa3 Aa3 A1 A2 A2 Aaa A1 A2 Aa2 A2 A2 Aa2 Aa1 Aa3 A1 A2 A2 Aa3 Aa3
C B+ B B B B C+ C+ B C+ C+ C+ B B C+ C+ B B
Aa2 Aa2 Aaa Aaa A1 A2 Aa1 Aa2 A1 Aa3 A2 A1 Aa2 A3 (P)A2 A2 Aaa Aa1 A2 A2 A3 (P)A1 Aa3 A1 A2 A1 Aa3 A3
Aa3 Aa3 Aa1 Aa1 A2 A3 Aaa (P)Aa3 A2 A1 (P)A3 A2 A2 Aa3 A2 (P)A3 A3 A3 A3 A3 A3 Baa1 (P)A2 Aa3 Aa2 Baa1 A1 (P)A2 A3 A2 A3 A1 (P)A2 Baa1
A3 Baa1 Aa2 Aa2 Aaa A1 A2 Aa3 Aa3 A2 A1 A2 A2 A1 A2 A1 A2 A3 Aa3 A1 A1 A3 A2 A2 A3 Aa3 Aa3 A1
P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 NP NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
Popular, Inc. Provident Bank Prudential Bank & Trust, FSB Rabobank Nederland, NY Branch RBC Bank (USA) RBCF L.P. RBS Citizens, NA Regions Bank Regions Financial Corporation Regions Financing Trust II Republic National Bank of NY Republic New York Corporation Riggs National Corporation Roslyn Bancorp, Inc. Royal Bank of Canada (New York) Royal Bank of Scotland, N.Y. Scotiabanc Inc. SEB (NY) Security Pacific Corp. SG Structured Products, Inc. Shinhan Bank, New York Branch Silicon Valley Bank Sky Bank Sky Financial Group, Inc. Societe Generale Societe Generale, NY Branch South Carolina National Corp. SouthTrust Bank SouthTrust Bank of GA., N.A. SouthTrust Corporation Sovereign Bancorp, Inc. Sovereign Bank Stadshypotek Delaware, Inc. State Street Bank and Trust Co. State Street Corporation Sumitomo Mitsui Bkg Corp., NY Br Sumitomo Trust & Bnk. Co. (US) SunCorp Corporate Credit Union SunTrust Bank SunTrust Banks, Inc. Susquehanna Bancshares, Inc. Susquehanna Bank PA SVB Financial Group Svenska Handelsbanken, NY Branch Swiss Bank Corp., NY Branch Synovus Financial Corp. TCF National Bank TD Bank, N.A. TD Banknorth Inc Texas State Bank Toronto-Dominion Bank, NY Toronto-Dominion Hldgs (USA) Trustmark Corporation Trustmark National Bank U.S. Bancorp U.S. Bancorp (Old) U.S. Bank National Assoc. ND U.S. Bank National Association UBS AG, New York Branch
NEG RUR STA STA STA STA STA NEG NEG NEG STA STA NEG STA STA STA STA STA RUR STA STA STA STA STA STA STA RUR RUR RUR RUR RUR RUR STA NEG NEG STA STA STA STA STA NEG NEG STA STA NOO STA STA STA STA NEG STA STA STA STA STA STA STA STA STA
A1 Aaa Aa3 Aa3 A1 Aa2 Aaa Aa1 Aa2 A2 Aa2 Baa1 Aa1 Aa3 A3 Aa1 A1 Aa2 Aa3 Aaa A2 Aa1 Aa1 Aa2
B C B B C+ C B+ B C BB B C+ AA
A3 Aaa Aa3 Aaa A1 A2 Aa2 A3 Aa2 Aa2 Aa2 A2 Aa2 Baa2 Aa1 Aa3 Aa3 A1 A3 Aaa Aa2 Aa1 Aa2
Baa1 A3 A1 A1 Aa3 Aa3 A2 A1 A3 A2 A1 A2 Aa3 A3 A2 A3 Baa1 A2 Aa3 A2 A2 (P)Baa3 Baa2 Baa1 Aa2 Aa1 A1 Aa3 Aa3 A1 Aa3 A2 A1 Baa2 A3 A3 Aa3 Baa1 A2 A1 Aa2 A1 Aa3 A3 A3 A2 Aa3 Aa2 Aa3 Aa1 Aa2 Aa1 Aa3
P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 NR P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
UBS AG, Stamford Branch UMB Bank, N.A. UMB Financial Corporation Unicredito Italiano SpA, NY Union Bank of California, N.A. Union Planters Bank, N.A. Union Planters Corporation UnionBanCal Corporation United Bank United Bank, Inc. United Commercial Bank US Central Federal Credit Union Valley National Bank Wachovia Bank, N.A. Wachovia Bank, N.A. (Old) Wachovia Corporation Wachovia Corporation (Old) Washington Mutual Bank Washington Mutual, Inc. Webster Bank N.A. Webster Capital Trust IV Webster Financial Corporation Wells Fargo & Company Wells Fargo Bank Northwest, N.A. Wells Fargo Bank, N.A. Western Alliance Bancorporation Western Corp. Fed. Credit Union Western Financial Bank, FSB WestLB AG, New York Branch Westpac Banking Corp. (NY) Westpac Capital Trust II Whitney Holding Corporation Whitney National Bank Wilmington Trust Company Wilmington Trust Corporation World Savings Bank, FSB Zions Bancorporation Zions First National Bank URUGUAY ABN AMRO Bank N.V.,Montevideo Br Banco Bandes Uruguay S.A. Banco de la Nacion Argt (Urg) Banco Hipotecario del Uruguay Banco Itau Uruguay S.A. Banco Republica Orient. Uruguay Banco santander, S.A. (Uruguay) Credit Uruguay Banco S.A. Lloyds TSB Bank plc (Uruguay) UZBEKISTAN Alokabank Joint-Stock Comm Bank Credit-Standard Bank Gallabank Ipoteka Bank National Bank of Uzbekistan Turon Joint-Stock Comm Bank
STA STA STA STA STA NEG NEG STA STA STA NEG STA STA RUR RUR RUR RUR RUR RUR STA STA STA RUR RUR RUR NEG STA RUR NEG STA STA NEG NEG STA STA RUR RUR RUR STA(m) RUR STA STA(m) STA(m) STA(m) STA(m) STA(m) STA(m) STA STA STA STA STA STA
Aa2 A2 Aa3 Aa3 A2 A2 Baa2 A1 Aa2 A2 Aaa Aaa A2 Aa1 A2 A1 Aa2 A2 B2 B2 Caa1 B1 B2 B1 B2 B2 B2 B3 B3 B3 B3 B3 B3
C+ B C+ C+ C BB C+ A A C+ B B C+ E+ E D DD D E+ E+ E+ E+ E+ E+
Aa2 A3 Aa3 A2 Aa1 Aa2 Aa3 A1 A1 Ca Caa2 A3 Aa1 Aaa Aaa Aa3 A2 Aa1 (P)A2 Aa2 A3
Aa3 A2 A1 Aa3 A2 A3 A2 A2 A2 Baa2 A2 A1 Aa3 Aa2 A2 A2 C C A3 A2 (P)Baa1 A3 Aa2 Aa1 Aaa Aa1 Aaa Baa3 Aa3 Aa1 A3 A3 A2 A1 A3 A2 Aa2 Baa1 A2
P-2 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP

November 17, 2008
[1] [4]
Outlook
LT Bank Deposits
Financial Strength
[2]
Issuer Rating
[3]
Shortterm
VENEZUELA Banco de Vnzla, Grupo Santander Mercantil, C.A., Banco Univ VIETNAM Asia Commercial Bank Bank for Inv. & Dev. of Vietnam Techcombank Vietnam International Bank STA(m) STA(m) STA(m) STA(m) B1 B1 B1 B1 D E+ DD NR Ba2 Ba2 Ba2 Ba2 NP NP NP NP STA(m) STA(m) B3 B3 DD NP NP
Government Bonds & Country Ceilings

November 17, 2008
Foreign Currency Long Term Government Bonds Domestic Currency Long Term Country Ceilings for Foreign Currency Bonds Bank and Notes Deposits [1] Short [1] Short Long Long Term Term Term Term
Outlook
Albania Alderney Andorra Argentina Armenia Australia Austria Azerbaijan Bahamas Bahamas-Off Shore Banking Center [4] Bahrain Bahrain-Off Shore Banking Center [4] Barbados Belarus Belgium Belize Bermuda Bolivia Bosnia and Herzegovina Botswana Brazil Bulgaria Cambodia Canada Cayman Islands Cayman Islands-Off Shore Bnk Ctr [4] Chile China Colombia Costa Rica Croatia Cuba Cyprus Czech Republic Denmark Dominican Republic Ecuador Egypt El Salvador Estonia Eurozone Fiji Islands Finland France Germany Greece Guatemala Guernsey Honduras Hong Kong Hungary Iceland India Indonesia Ireland
B1 B3 Ba2 [2] Aaa Aaa Ba1 [2] A3 A2 [2] Baa2 B1 [2] Aa1 Caa1 Aa1 [2] B3 B2 A2 [2] Ba1 Baa3 B2 [2] Aaa Aa3 [2] A2 A1 Ba1 Ba1 Baa3 Caa1 [2] Aa3 A1 Aaa B2 Caa1 [5] Ba1 Baa3 A1 [2] Ba2 Aaa Aaa [2] Aaa A1 Ba2 B2 [2] Aa2 A3 A1 [5] Baa3 [2] Ba3 Aaa
[2]
B1 B3 [2] Ba2 [2] Aaa Aaa Ba1 [2] A1 A2 [2] A3 B1 [2] Aa1 Caa1 Aaa [2] B3 [2] B2 [2] A1 Ba1 Baa3 B2 [2] Aaa A1 A1 Baa3 Ba1 [2] Baa1 NR [2] Aa3 A1 Aaa B2 [2] Ba1 Baa2 [2] A1 [2] Ba2 Aaa Aaa Aaa A1 Ba1 [2] B2 Aa2 A3 A1 [5] Ba2 Ba3 Aaa
[2]
STA STA STA STA STA POS STA STA STA STA POS STA STA STA STA POS(m) STA STA STA STA STA STA STA STA POS POS(m) STA STA POS STA STA RUR NEG STA NEG NEG STA STA STA POS POS(m) STA STA NEG RUR STA STA STA
Ba1 Aaa [3] B2 Baa3 Aaa [3] Baa2 Aa1 Aaa Aa3 Aa3 A1 Ba2 [3] B2 Aaa B2 Ba3 Aa3 Baa3 A1 B1 Aaa Aaa Aaa Aa3 A1 Baa3 Baa3 A1 Caa1 [3] Aa1 Aaa Ba3 Caa1 [5] Baa2 Baa3 Aa1 Aaa Ba1 [3] [3] [3] [3] Ba1 Aaa Ba3 Aa1 Aa1 Aa1 [5] Baa2 Ba2 [3]
NP P-1 [3] NP P-3 P-1 [3] P-2 P-1 P-1 P-1 P-1 P-1 NP [3] NP P-1 NP NP P-1 P-3 P-1 NP P-1 P-1 P-1 P-1 P-1 P-3 P-3 P-1 NP [3] P-1 P-1 NP NP P-2 P-3 P-1 P-1 NP [3] [3] [3] [3] NP P-1 NP P-1 P-1 P-1 P-2 NP [3]
B2 Aaa [3] Caa1 Ba3 Aaa [3] Ba2 A3 Aaa A2 Aa3 Baa2 B2 [3] Caa1 Aa1 Caa1 B3 A2 Ba2 Baa3 B3 Aaa Aa3 Aaa A2 A1 Ba2 Ba2 Ba1 Caa2 [3] A1 Aaa B3 Caa1 [5] Ba2 Baa3 A1 Aaa Ba3 [3] [3] [3] [3] Ba3 Aaa B3 Aa2 A3 A1 [5] Ba2 B1 [3]
NP P-1 [3] NP NP P-1 [3] NP P-2 P-1 P-1 P-1 P-2 NP [3] NP P-1 NP NP P-1 NP P-3 NP P-1 P-1 P-1 P-1 P-1 NP NP NP NP [3] P-1 P-1 NP NP NP P-3 P-1 P-1 NP [3] [3] [3] [3] NP P-1 NP P-1 P-1 P-1 NP NP [3]
[1] Commercial Paper of Banks/Bank Holding Companies fall under the Bank Deposit Ceiling. [2] Issuer Rating. [3] See Eurozone. [4] Ceilings apply only to banks licensed or designated as: "non-resident" in the Bahamas; "Offshore Banking Units" in Bahrain; license "B" banks in the Cayman Islands; and banks with an "international license in Panama. [5] On review for possible downgrade. [6] On review for possible upgrade.

November 17, 2008
Outlook
Isle of Man Israel Italy Jamaica Japan Jersey Jordan Kazakhstan Korea Kuwait Latvia Lebanon Liechtenstein Lithuania Luxembourg Macao Malaysia Malta Mauritius Mexico Moldova Monaco Mongolia Montenegro Morocco Netherlands New Zealand Nicaragua Norway Oman Pakistan Panama Panama -Off Shore Banking Center [4] Papua New Guinea Paraguay Peru Philippines Poland Portugal Qatar Romania Russia San Marino Sark Saudi Arabia Singapore Slovakia Slovenia South Africa Spain St. Vincent and the Grenadines Suriname Sweden Switzerland Taiwan Thailand
Aaa [2] A1 Aa2 B1 [5] Aaa [2] Ba2 [2] Baa2 [2] A2 Aa2 [2] A3 B3 A2 Aaa [2] Aa3 [2] A3 A1 [2] Baa2 [2] Baa1 Caa1 B1 [2] Ba2 [2] Ba1 Aaa [2] Aaa Caa1 [2] (P)Aaa A2 [2] B3 [5] Ba1 B1 [2] B3 [2] Ba1 B1 A2 Aa2 Aa2 Baa3 Baa1 A1 [2] Aaa [2] A1 Aa2 Baa1 Aaa B1 B1 [2] Aaa Aaa [2] Aa3 [2] Baa1
Aaa A1 Aa2 Ba2 [5] Aa3 Baa3 [2] Baa1 [2] A2 Aa2 [2] A3 B3 [2] A2 Aaa [2] Aa3 [2] A3 A1 [2] Baa2 Baa1 Caa1 [2] B1 [2] Ba1 Aaa Aaa B3 Aaa A2 [2] B3 [5] B1 [2] B3 [2] Baa3 B1 A2 Aa2 Aa2 [2] Baa3 Baa1 A1 Aaa A1 Aa2 A2 Aaa B1 [2] Ba3 [2] Aaa Aaa Aa3 Baa1
STA STA STA RUR STA STA STA STA STA NEG STA NEG STA STA STA STA STA STA STA STA STA STA STA STA STA STA STA RUR STA STA STA STA POS STA STA STA STA POS POS STA POS POS POS(m) STA STA STA STA STA STA STA
Aaa Aa1 [3] Ba3 Aaa Aaa Baa3 A2 Aa3 Aa2 Aa1 B2 Aaa Aa1 [3] Aa1 A3 [3] Baa1 A1 B3 [3] Ba2 Baa1 Baa2 [3] Aaa B3 Aaa Aa3 B1 [5] A3 Aa2 Ba2 B2 Baa3 Ba3 Aa1 [3] Aa2 A1 A2 [3] Aaa Aa3 Aaa Aaa [3] A2 [3] A3 Ba2 Aaa Aaa Aa3 A3
P-1 P-1 [3] NP P-1 P-1 P-3 P-1 P-1 P-1 P-1 NP P-1 P-1 [3] P-1 P-1 [3] P-2 P-1 NP [3] NP P-2 P-2 [3] P-1 NP P-1 P-1 NP P-2 P-1 NP NP P-3 NP P-1 [3] P-1 P-1 P-1 [3] P-1 P-1 P-1 P-1 [3] P-1 [3] P-2 NP P-1 P-1 P-1 P-2
Aaa A1 [3] B2 [5] Aaa Aaa Ba3 Ba1 A2 Aa2 A3 B3 Aaa A2 [3] Aa3 A3 [3] Baa2 Baa1 Caa2 [3] B2 Ba3 Ba2 [3] Aaa Caa2 Aaa A2 B3 [5] Baa2 Aa2 B2 B3 Ba2 B1 A2 [3] Aa2 Baa3 Baa1 [3] Aaa A1 Aaa Aaa [3] Baa1 [3] Baa1 B2 Aaa Aaa Aa3 Baa1
P-1 P-1 [3] NP P-1 P-1 NP NP P-1 P-1 P-1 NP P-1 P-1 [3] P-1 P-1 [3] P-2 P-2 NP [3] NP NP [3] P-1 NP P-1 P-1 NP [5] P-2 P-1 NP NP NP NP P-1 [3] P-1 P-3 P-2 [3] P-1 P-1 P-1 P-1 [3] P-2 [3] P-2 NP P-1 P-1 P-1 P-2

November 17, 2008
Outlook
Trinidad & Tobago Tunisia Turkey Turkmenistan Ukraine United Arab Emirates United Kingdom United States of America Uruguay Venezuela Vietnam
Baa1 Baa2 [2] Ba3 B2 [2] B1 Aa2 [2] Aaa [2] Aaa [2] B1 [6] B2 [6] Ba3
Baa1 Baa2 [2] Ba3 B2 [2] B1 Aa2 [2] Aaa Aaa B1 [6] B1 [2] Ba3
STA STA STA STA STA STA STA STA RUR RUR NEG
A1 A3 Ba1 B1 Ba3 Aa2 Aaa Aaa Ba2 [6] B1 [6] Ba2
P-1 P-2 NP NP NP P-1 P-1 P-1 NP NP NP
Baa1 Baa2 B1 B3 B2 Aa2 Aaa Aaa B2 [6] B3 [6] B1
P-2 P-2 NP NP NP P-1 P-1 P-1 NP NP NP
Country Guidelines for Local Currency Obligations

November 17, 2008 Moody's assigns local currency ratings to issues and issuers which are debt ratings which incorporate all relevant factors that may influence performance and which are intended to be globally comparable. In order to facilitate the assignment of such ratings, Moody's maintains and publishes Country Guidelines for Local Currency Obligations. Such guidelines assess the general country-level risks (not transfer risk) that should be reflected in the ratings of locally domiciled obligors or locally originated structured transactions denominated in local currency. While not acting as a rigid ceiling, they indicate the rating level that might be assigned to the financially strongest obligations in the country.
Country Local Currency Guideline Country Local Currency Guideline
Albania Alderney Andorra Argentina Armenia Australia Austria Azerbaijan Bahamas Bahrain Barbados Belarus Belgium Belize Bermuda Bolivia Bosnia and Herzegovina Botswana Brazil Bulgaria Cambodia Canada Cayman Islands Chile China Colombia Costa Rica Croatia Cuba Cyprus Czech Republic Denmark Dominican Republic Ecuador Egypt El Salvador Estonia Eurozone Fiji Islands Finland France Germany Greece Guatemala Guernsey Honduras Hong Kong Hungary Iceland India Indonesia Ireland Isle of Man
A3 Aaa Aaa Ba1 A3 Aaa Aaa A3 Aaa Aa2 Aa2 Baa3 Aaa A1 Aaa Ba1 Ba1 Aa3 A1 Aa3 Ba1 Aaa Aaa Aaa A1 A1 Aa2 Aa1 Ba3 Aaa Aaa Aaa A1 Ba2 A3 Baa3 Aaa Aaa A1 Aaa Aaa Aaa Aaa A3 Aaa A3 Aaa Aaa Aaa Aa3 Baa2 Aaa Aaa
Israel Italy Jamaica Japan Jersey Jordan Kazakhstan Korea Kuwait Latvia Lebanon Liechtenstein Lithuania Luxembourg Macao Malaysia Malta Mauritius Mexico Moldova Monaco Mongolia Montenegro Morocco Netherlands New Zealand Nicaragua Norway Oman Pakistan Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Qatar Romania Russia San Marino Sark Saudi Arabia Singapore Slovakia Slovenia South Africa Spain St. Vincent and the Grenadines Suriname Sweden Switzerland Taiwan Thailand Trinidad & Tobago Tunisia Turkey Turkmenistan Ukraine United Arab Emirates United Kingdom United States of America Uruguay Venezuela Vietnam
Aa1 Aaa A3 Aaa Aaa A3 A1 Aaa Aa2 Aaa Ba1 Aaa Aaa Aaa Aaa Aa2 Aaa Aa2 Aaa Ba2 Aaa Baa1 A3 Aaa Aaa Ba2 Aaa Aa2 Baa2 A3 A1 Ba1 A3 A1 Aaa Aaa Aa2 Aa3 A1 Aaa Aaa Aa3 Aaa Aaa Aaa Aaa Aaa A3 A3 Aaa Aaa Aa3 Aa2 Aa3 Aa2 A2 Ba1 A3 Aa2 Aaa Aaa A3 A3 Ba1
Global Banks by Rating

November 17, 2008 LONG-TERM Rabobank Nederland, NZ Branch Rabobank Nederland, Singapore Br Rabohypotheekbank N.V. RBCF L.P. RI Financial Structures B.V. Royal Bank of Canada Royal Bank of Canada (London) Royal Bank of Canada (New York) Royal Trust Corp. of Canada Shoko Chukin Bank, Ltd. Toronto Dominion(SouthEast Asia) Toronto-Dominion Bank (The) Toronto-Dominion Bank, NY Wells Fargo Bank Northwest, N.A. Wells Fargo Bank, N.A. Zuercher Kantonalbank
Aaa
Agence Francaise de Dvlopmnt. BA Australia Ltd. Bank of America, N.A. Bank of New York Mellon (The) Bank One N.A. (Chicago) Bank One, Delaware, N.A. Bank One, Illinois, N.A. Bank One, National Association Banque et Caisse d'Epargne Bayerische Landesbank, London Bayerische Landesbank, Paris BNY Mellon Asset Servicing B.V. BNY Mellon National Association BNY Mellon Trust of Delaware Caisse Autonome de Refin. Caisse de Refncmnt. de l'Habitat Caisse Des Depots et Consignat. CDC Ixis Chase Bank USA, N.A. Chase Manhattan Bank, Paris Br. Chase Manhattan Bank, Sydney Br. Cheltenham & Gloucester plc Countrywide Bank FSB Deutsche Ausgleichsbank Deutsche Siedlungs- und Landesr. Eksportfinans ASA FIA Card Services, N.A. Instituto de Credito Oficial IXIS Corporate and Invest. Bank J.P. Morgan Bank Canada J.P. Morgan Securities Ltd J.P. Morgan Trust Bank Ltd. JPMorgan Chase Bank, London JPMorgan Chase Bank, N.A. JPMorgan Chase Bank, N.A., NY BR JPMorgan Chase Bank, NA JPMorgan Chase Bk China Co Ltd Kreditanstalt fuer Wiederaufbau L-Bank Landesgirokasse Stuttgart Landeskreditbank Baden-Wuert. Landwirtschaftliche Rentenbk. LB Baden-Wuerttemberg Capl Mkts LfA Foerderbank Bayern Lloyds TSB Bank Plc LRI LBnk Rheinld-Pfalz Intl SA Monogram Credit Card Bank of GA Morgan Gty. Trust Co. of NY Oesterreichische Kontrollbank AG Oesterreichische Postsparkasse OSEO Financement Pfand. der Oester. Landes-Hyp. Rabo Financial Products B.V. Rabobank Australia Limited Rabobank Curacao N.V. Rabobank Int'l Equity Deriv. Rabobank Ireland plc Rabobank Nederland Rabobank Nederland, Australia Br Rabobank Nederland, HK Branch Rabobank Nederland, Netherlands Rabobank Nederland, NY Branch
[1] Where no long-term deposit, senior unsecured, or Issuer rating exists.
Aa1
Australia and NZ Banking Group Banco Bilbao Viz Arg, SA Ldn Br Banco Bilbao Viz. Argentar. S.A. Banco Credito Local Espana Banco Popular Espanol, S.A. Banco Santander S.A. (Spain) Bank of Montreal Bank of Montreal, Chicago Br. Bank of Nova Scotia Bank of Nova Scotia, Portland Bank of Scotland plc Bank of Scotland/New York Banque Paribas Barclays Bank PLC Barclays Bank plc Hong Kong Barclays Bank PLC, New York Barclays Bank PLC, Paris Barclays Financial LLC BBVA Senior Finance, SA Unipers. BBVA U.S. Senior, SA Unipersonal BCL International Finance Ltd. BNP Paribas BNP Paribas, New York Branch BOS International (Australia) BOS plc, Australia Branch BPE Financiaciones, S.A. Bremer Landesbank Capital Mkts Caisse Centrale Desjardins Caixa Geral de Depositos (Paris) Caixa Geral de Depositos Finance Caixa Geral de Depositos Madeira Caixa Geral de Depositos, S.A. Caixa Geral de Depositos/NY CALYON CALYON, New York Branch Calyon, Tokyo Branch Citibank (South Dakota), N.A. Citibank, N.A. Citibank, N.A. (Auckland Branch) Citibank, N.A. (London Branch) Citibank, N.A. (Sydney Branch) Commonwealth Bank of Australia Compagnie Bancaire CRCAM Alsace Vosges CRCAM Anjou-et du Maine CRCAM Aquitaine CRCAM Atlantique Vendee CRCAM Brie Picardie

CRCAM Centre Est CRCAM Centre France CRCAM Centre Loire CRCAM Cotes d'Armor CRCAM d'Alpes Provence CRCAM de Charente-Maritime Dx CRCAM de Charente-Perigord CRCAM de la Reunion CRCAM de la Touraine et Poitou CRCAM de Normandie CRCAM de Sud-Mediterranee CRCAM Finistere CRCAM Franche Comte CRCAM Ile-et-vilaine CRCAM Lorraine CRCAM Morbihan CRCAM Nord de France CRCAM Nord Est CRCAM Normandie Seine CRCAM Paris et Ile-de-France CRCAM Provence Cote d'Azur CRCAM Pyrenees Gascogne CRCAM Sud Rhone Alpes CRCAM Toulouse/Midi Toulousain Credit Agricole S.A. Credit Agricole S.A., London Credit Suisse Credit Suisse (London) Branch Credit Suisse (Nassau) Branch Credit Suisse (New York) Branch Credit Suisse International Czech Export Bank, a.s. Danske Bank A/S DBS Bank Ltd. Den norske Bank ASA Deutsche Australia Limited Deutsche Bank AG Deutsche Bank AG, London Brch Deutsche Bank AG, New York Deutsche Bank AG, Paris Brch. Deutsche Bank AG, Singapore Br. Deutsche Bank AG, Sydney Branch Deutsche Bank Americas Fin. LLC Deutsche Bank Financial LLC DNB NOR Bank ASA DNB NOR Bank ASA, New York Greater Bay Bancorp Halifax plc Hamburgische Landesbank GZ HBOS Treasury Services Plc HSBC Bank plc HSBC Bank Plc Sydney Branch HSBC Markets (Bahamas) Limited HSH Nordbank, London Branch Hypo Tirol Bank AG La Caixa Landesbank Baden-Wuerttemberg Landesbank Baden-Wuerttemberg, New York Branch LANDESBANK SACHSEN AG Landesbank Schleswig-Holstein LBBW, Singapore Branch Le Credit Lyonnais S.A. Leonia Corporate Bank plc Lloyds TSB Group plc LRP Landesbank Rheinland-Pfalz
Montreal Trust Company of Canada National Australia Bank Ltd. National Australia Bk, NY Br. National Westminster Bank PLC Nord/LB GZ (Singapore Branch) Nord/LB Norddeutsche Sec. plc Nordea Bank AB Nordea Bank Danmark A/S Nordea Bank Finland Plc Nordea Bank Finland Plc, NY Br Nordea Bank Norge ASA Nordea Bank Sweden AB (publ) NRW.BANK Oversea-Chinese Banking Corp Ltd Pohjola Bank plc Raiffeisen Schweiz Royal Bank of Scotland plc Royal Bank of Scotland, N.Y. Royal Bank of Scotland,Australia Sachsen LB Europe PLC Sampo Bank plc Santander Int'l Debt, S.A. Santander US Debt, SA Unipers. Scotiabank Europe Plc SIX SIS Ltd SIX x-clear Ltd St. Galler Kantonalbank Stadtsparkasse Duesseldorf State Street Bank and Trust Co. Svenska Handelsbanken AB Svenska Handelsbanken, NY Branch Swedish Export Credit Corp. U.S. Bank National Assoc. ND U.S. Bank National Association United Overseas Bank Limited US Central Federal Credit Union Vorarlberger Land-und Hypobk AG Wells Fargo & Company WestLB AG, Sydney Branch Westpac Banking Corp. (NY) Westpac Banking Corporation Westpac Banking Corporation, HK Woolwich plc
Aa2
ABN AMRO Bank N.V. ABN AMRO Bank N.V. London Branch ABN AMRO Bank N.V., Australian B ABN AMRO Bank N.V., Chicago ABN AMRO Bank N.V., Paris ABN-AMRO Bank N.V., New York Allied Irish Banks, p.l.c. ANZ Banking Group (NZ) Ltd. ANZ National (Int'l) Ltd ANZ National (Int'l) Ltd, HK ANZ National (Int'l) Ltd,London ANZ National Bank Ltd ASB Bank Limited ASB Finance Limited, London Br B of A Issuance B.V. Banca Commerciale Ital. S.p.A. Banca Intesa Spa, Hong Kong Banca Intesa, New York branch Banca Naz. del Lavoro, Paris Banca Nazionale Del Lavoro Banco Espanol de Credito S.A.

Banesto Banco de Emisiones, S.A. Bank of America Corporation Bank of Ireland Bank of Ireland, Connecticut Br. Bank of New York (Lux), Italian Bank of New York (Lux.) S.A. Bank of New York Mellon Corp. Bank of New Zealand Bank of Tokyo-Mitsu. UFJ Ltd. HK Bank of Tokyo-Mitsub.UFJ Trust Bank of Tokyo-Mitsubishi UFJ BANK ONE CORPORATION BankAmerica Corporation Barclays Plc Bayerische Landesbank Bayerische Landesbank, Hong Kong Bayerische Landesbank, New York BB&T Financial, FSB Bk of Tokyo-Mitsubishi UFJ, Ltd. Branch Banking and Trust Co. Bremer Landesbank Kred. Old. Canadian Imperial Bank Commerce Canadian Imprl Bnk of Comm NY Capital Desjardins Inc. Capitalia S.p.A. Cassa Depositi e Prestiti S.p.A. Cassa Risparmio Provinc Lombard Chase Manhattan Corporation (OLD) CIBC Mellon Trust Company CIBC World Markets plc Clariden Leu AG Commerce Bank, N.A. Confederacion Espanola Ahorro Countrywide Financial Corp. Credit Logement Credit Suisse Group Credit Suisse Group Fin. Lux. SA Credit Suisse Group Fin.(US)Inc. Credit Suisse Grp Fin (DE) LLCI Credit Suisse Grp Fin (Guernsey) Creditanstalt AG Dai-Ichi Kangyo Australia Ltd. DekaBank Deutsche Girozentrale Deutsche Postbank AG DKB International PLC European-American Bank First Active plc First Active Treasury PLC First Chicago NBD Corporation Hang Seng Bank Limited HBOS plc HBOS Treasury Services, Sydney Hongkong & Shanghai Bkg.(Sydney) Hongkong and Shanghai Bank Corp. HSBC Bank Middle East Limited HSBC Bank USA, N.A. HSBC Bk Middle E. Ltd (UAE Br) HSBC Holdings plc HSBC Private Bank (Suisse) SA HSH Nordbank AG HSH Nordbank, New York Branch Industrial Bank of Japan Ltd. ING (US) Issuance LLC ING Bank N.V. ING Bank N.V., Tokyo Branch
ING Bank, Paris Branch ING Belgium SA/NV Intesa Bank Ireland p.l.c. Intesa Sanpaolo Bank Ireland plc Intesa Sanpaolo Spa Istituto Serv. Merc. Agric. Alim J.P. Morgan & Co. Incorporated JPMorgan Chase & Co. JPMorgan Chase Bk, NA, Singapore Jyske Bank A/S Kansai Urban Banking Corporation KBC Bank N.V. KBC Financial Prod. Int'l VI Ltd KBC Financial Products Int'l Ltd KBC IFIMA N.V. Kreissparkasse Koeln Landesbank Hessen-Thuerin., NY Landesbank Saar Landesbk Hessen-Thueringen GZ LaSalle Funding LLC Lloyds TSB Offshore Limited MBNA Corporation Minato Bank, Ltd (The) Mitsubishi UFJ Trt & Bank. Corp. Mitsubishi UFJ Trust Int. Ltd Mizuho Bank, Ltd. Mizuho Corporate Bank Nederland Mizuho Corporate Bank, Ltd. Mizuho Corporate Bank,Ltd, HK Br Mizuho Corporate Bank,Ltd, Paris Mizuho Corporate Bank,Ltd,Sydney Mizuho International plc Mizuho Trust & Banking Co., Ltd. National Bank of Canada National Bank of Kuwait National Bank of New Zealand Nationwide Building Society Natl Bank of Canada, NY Branch Norddeutsche Landesbank GZ Norddeutsche Landesbank GZ, NY Norinchukin Bank Portman Building Society Postbank Groen N.V. Raiffeisen Zentralbank Oest. Republic National Bank of NY Royal Bank of Scotland Group plc Sanpaolo IMI Bank (Intl) S.A. Sanpaolo IMI S.p.A. Sanwa Bank, Ltd. SEB SEB (NY) Security Pacific Corp. SG Option Europe SG Structured Products, Inc. Shinkin Central Bank Societe Generale Societe Generale Societe Generale (Canada) Societe Generale, NY Branch Sparkasse Aachen Sparkasse KoelnBonn Sparkasse Spree-Neisse Sparkassen-Finanzgruppe St.George Bank Limited Sumitomo Bank, Ltd.

Sumitomo Mitsui Banking Corp. Sumitomo Mitsui Banking Europe Sumitomo Mitsui Fin. Austrl Ltd TD Bank, N.A. Trust & Custody Services Bank U.S. Bancorp UBS AG UBS AG, Australian Branch UBS AG, Jersey Branch UBS AG, London Branch UBS AG, New York Branch UBS AG, Stamford Branch UBS Limited UFJ Bank Limited Ulster Bank Ireland Limited Ulster Bank Limited UniCredit Bank Austria AG Wachovia Bank, N.A. Westpac New Zealand Limited Westpac Securities NZ Limited Westpac Securities NZ, London World Savings Bank, FSB Banque Populaire du Massif Centr Banque Populaire du Nord Banque Populaire du Sud Ouest Banque Populaire Lorraine Champ. Banque Populaire Rives de Paris Banque Populaire Toulouse-Pyrene Banque Populaire Val de France Barclays Bank Ireland PLC BB&T Corporation BBV Argentaria Puerto Rico BCP Finance Bank, Ltd. BES Finance Ltd. BRED-Banque Populaire Caja Ahorros Monte Piedad Madrid Cariverona Banca SpA (London) CASDEN - Banque Populaire Cassa Di Risparmio Di Parma CB Finance Company B.V. Charter One Bank, N.A. Chiyu Banking Corporation, Ltd. Chugoku Bank, Limited Citibank Europe plc Citibank International Plc Citibank Japan Ltd. Citicorp Citigroup Global Mkts Deutsch. Citigroup Inc. Citigroup Pty Limited Citizens Bank of Pennsylvania City National Bank Clydesdale Bank plc CNCE Commercial Bank of Kuwait Commerzbank AG Commerzbank AG, New York Branch Commerzbank AG, Paris Brch. Compass Bank Credit Cooperatif Credit Foncier de France Credit Industriel et Comm., NY Credit Industriel et Commercial Danmarks Skibskredit A/S DB UK Bank Limited DBS Bank (Hong Kong) Limited Deutsche Bank National Trust Co Deutsche Bank Trust Co. Americas Deutsche Bank Trust Co. Delaware Deutsche Hypothekenbank AG Dexia Bank Belgium Dexia Banque Int'l a Luxembourg Dexia Credit Local Dexia Credit Local, NY Dexia Credit Local, Tokyo Branch Dexia Overseas Limited Dexia Public Finance Norden Dresdner Bank AG DZ BANK AG Deutsche Zentral-Gen. EFG Eurobank Ergasisa S.A. EFG Hellas (Cayman Islands) Ltd EFG Hellas PLC Egg Banking Plc Emporiki Bank of Greece S.A. Entenial Erste Bank, New York Erste Group Bank AG
Aa3
Abbey Nat'l Treasury Int'l Ltd. Abbey Nat'l Treasury Services Abbey National plc Abbey Natl Treas Svc (Paris) ABN AMRO Holding N.V. Abu Dhabi Commercial Bank ADCB Finance (Cayman) Limited Alliance & Leicester Gp Trsy Alliance & Leicester plc Banca CR Firenze S.p.A. Banca IMI Spa Banca Infrast. Innov. e Sviluppo Banca Monte dei Paschi di Siena Banca Monte dei Paschi, London Banca Popolare Friuladria Banco Comerc.Portugues, Madeira Banco Comercial Portugues, S.A. Banco Espirito Santo, S.A. Banco Sabadell S.A., London Br Banco Sabadell, S.A. Banco Santander Totta S.A. Banco Santander Totta SA, London Bank Julius Baer & Co, Guernsey Bank Julius Baer & Co. AG Bank of China (Hong Kong) Ltd Bank of Hawaii Bank of N.T. Butterfield & Son Ltd.(The) Bank of Scotland (Ireland) Ltd Bank of Taiwan Bank of the West Bank of Western Australia Ltd Bankinter, S.A. Banque de l'Economie-Comm. Mon. Banque Fed. du Credit Mutuel Banque Federale des Banque Pop. Banque Monetaire et Financiere Banque Palatine Banque Pop. Bourgogne Fr.-Comte Banque Pop. de l'Ouest Banque Populaire Atlantique Banque Populaire Cote d'Azur Banque Populaire d'Alsace

Espirito Santo Investment plc Export-Import Bank of Korea Fifth Third Bank, Michigan Fifth Third Bank, Ohio Fineco S.p.A. First Hawaiian Bank Frost National Bank GiroCredit Bank AG Der Spark. Goldman Sachs Bank (Europe) plc Goldman Sachs Bank USA Goldman Sachs Private Bank Ltd. Harris N.A. HFC Bank plc HSBC Bank Australia Ltd HSBC France HSBC Private Bnkg Hlds (Suisse) SA HSBC USA Inc. ICS Building Society ING Bank (Australia) Ltd. Irish Life & Permanent plc Japan Trustee Services Bank, Ltd KfW IPEX-Bank GmbH Kommunalkredit Austria AG Kuwait Finance House Land Bank of Taiwan LaSer Cofinoga LGT Bank in Liechtenstein AG Locindus S.A. M&I Bank FSB M&I Marshall & Ilsley Bank Mediocredito Trentino-Alto Adige Muenchener Hypothekenbank eG Nanyang Commercial Bank, Ltd. Natexis Banque S.A. National Bank of Abu Dhabi National Bank of Greece S.A. Natixis NATIXIS Structured Products Ltd Norddeutsche Landesbank Lux. Nordea Hypotek AB (publ) Northern Trust Company Nova Ljubljanska banka d.d. Nykredit Bank A/S Nykredit Realkredit A/S Oesterreichische Volksbanken AG OSV-Ostdeutscher Sparkassenv PNC Bank, Delaware PNC Bank, N.A. Qatar National Bank Raiffeisenlandesbank Oberoest.AG Raifflndsbnk Niederoesterreich RBC Bank (USA) RBC Dexia Investor Services Ltd RBS Citizens, NA Sabadell International Finance Shizuoka Bank, Ltd. SpareBank 1 Nord-Norge SpareBank 1 SMN SpareBank 1 SR-Bank Standard Chartered Bank (HK) Ltd State Street Corporation Sumitomo Trust & Bnk. Co. (US) Sumitomo Trust And Banking Co. Suncorp-Metway Ltd. SunTrust Bank
Swedbank AB Swedbank Mortgage AB Sydbank A/S Texas State Bank Unicaja UniCredit Banca per la Casa UniCredit Bank Ireland p.l.c. UniCredit Int'l Bank (Lux) S.A. UniCredit Luxembourg Finance UniCredit SpA UniCredito Italiano Spa (Paris) Unicredito Italiano SpA, NY Union Bank of California, N.A. Vseobecna uverova banka, a.s. Wachovia Bank, N.A. (Old) Western Corp. Fed. Credit Union Westfaelisch-Lipp.Spk-& Giroverb WGZ BANK AG
A1
Agricult. Develop. Bank of China Agricultural Bank of China Aktia Bank p.l.c. Al Ahli Bank of Kuwait Al Rajhi Bank Alpha Bank AE Alpha Credit Group plc Alpha Group Jersey Limited American Express Bank, FSB American Express Centurion Bank Anglo Irish Bank Corp. Plc Arab National Bank AS Hansapank Associated Bank, N.A. Astoria Federal Savings & Loan Banca Antonveneta Banca Lombarda Piemontese SPA Banca Popolare dell'Alto Adige Banca Popolare di Milano Banca Toscana S.p.A. Banco BPI Cayman Ltd Banco BPI S.A. Banco BPI S.A. (Cayman) Banco BPI S.A. (Madeira) Banco BPI S.A. (Santa Maria) Banco BPI, S.A. (Macau Offshore) Banco Cooperativo Espanol, S.A. Banco Nacional de Comercio Bank Hapoalim B.M. Bank Leumi Bank Morgan Stanley AG Bank of China Limited Bank of Hawaii Corporation Bank of Kuwait and Middle East Bank of Oklahoma, N.A. Bank of Yokohama, Ltd. Bank Vontobel AG Banobras, S.N.C. Banque Cantonale Vaudoise Banque Saudi Fransi Bayer Hypo-Und Vereinsbk, HK Br Bayerische Hypo-und Bank A.G. Bayerische Hypo-und Vereinsbank Bayerische Hypo-Ver. Singapore Bayerische Vereinsbank, Paris BFB Leasing S.A., Arrend.Merc.

Bilbao Bizkaia Kutxa BNDES Participacoes SA-BNDESPAR BSI AG Burgan Bank Caisse C'ale du Credit Immo Caixanova Caja de Ahorros de Vitoria Alava Caja Laboral Finance Ltd. Caja Laboral Popular Coop.de Crt Cred. Caja Vital Finance B.V. Cassa Risparmi Forli Rom Spa Cathay United Bank Co., Ltd Ceska Sporitelna, a.s. Ceskoslovenska Obchodni Banka Chiba Bank, Ltd. China Construction Bank Corp China Development Bank Chuo Mitsui Asset Trust & Bk Co Chuo Mitsui Tr & Bnkng Co. Ltd. City National Corporation Comerica Bank Commercial Bank of Qatar Compass Bancshares, Inc. Crediop Overseas Bank Ltd. Croatian Bank for Recon. & Dev. Cullen/Frost Bankers, Inc. Deutsche Bank Trust Corporation Dexia Crediop S.p.A. DLR Kredit A/S Dresdner Bank Luxembourg S.A. Dubai Islamic Bank PJSC DVB Bank AG DVB Group Merchant Bank (Asia) EIB Sukuk Company Ltd. Emirates Bank Int'l PJSC Eurohypo AG Eurohypo AG Eurohypo AG, New York Branch EUROHYPO Europ. Hypothekenb. Europejski Fundusz Leasingowy SA Eximbanka SR Export-Import Bank of China Fifth Third Bancorp First Citizens (St. Lucia) Ltd First Intl Bank of Israel First-Citizens Bank & Tr. Co. FirstMerit Bank, N.A. Fortis Bank (Hong Kong) Fortis Bank Nederland (Holding) Fortis Bank S.A./N.V. Fortis Bank, Cayman Islands Fortis Bank, New York Fortis Banque Luxembourg S.A. Fortis Luxembourg Fiannce S.A. Fulton Bank Golden West Financial Corp. Gulf Bank Gunma Bank, Ltd. Hancock Bank Hancock Bank of Louisiana Hang Seng Bank (China) Limited Higo Bank Ltd. Housing Financing Fund HSBC Bank (China) Company HSBC Mexico, S.A. Cayman Islands
Hypothekenbank in Essen AG Ibercaja Industrial&Commerc.Bank of China Investkredit Bank AG Israel Discount Bank ItauBank Leasing S.A. Joyo Bank, Ltd. Julius Baer Holding AG KBC Bank Ireland PLC KeyBank National Association Kinki Osaka Bank, Ltd. (The) Komercni Banka a.s. Kommunalkredit Int. Bank Ltd Landesbank Berlin AG Landesbank Berlin, London Br. Locat S.p.A. M&I LLC Macquarie Bank Limited Manufacturers & Traders Tr Co Marshall & Ilsley Corporation Mega Int'l Commercial Bank Mizrahi Tefahot Bank Morgan Stanley Bank AG Morgan Stanley Bank Int''l Ltd. Morgan Stanley Bank, N.A. MPS Capital Services Nacional Financiera (Cayman) National Bank of Dubai PJSC National Commerce Financial Corp National Commercial Bank Northern Trust Corporation Nova Kreditna banka Maribor d.d. Old National Bank Piraeus Bank S.A. PNC Financial Services Grp., Inc Prudential Bank & Trust, FSB Regions Bank Resona Bank, Ltd. Resona Trust & Banking Company RHEINHYP Rheinische Hypo AG Ringkjobing Landbobank A/s Riyad Bank Saitama Resona Bank, Ltd. Samba Financial Group Santander Consumer Bank S.p.A. Santander Consumer Finance S.A. Saudi British Bank Saudi Hollandi Bank SEB AG Slovenska sporitelna, a.s. SNS Bank N.V. Spar Nord Bank A/S Sparebanken Oest Sparebanken Vest SunTrust Banks, Inc. Swedish Housing Finance Corp Tatra banka, a.s. TCF National Bank TD Banknorth Inc Union National Bank PJSC Unione di Banche Italiane ScpA Valiant Bank AG

Valley National Bank Wachovia Corporation Wachovia Corporation (Old) Wilmington Trust Company Zurich Bank Cajamar Cj. Rrl., Soc. Coop. Cr. California Bank & Trust Capital One Bank Capital One, N.A. Cassa di Risp.di Bolzano-Sudtirl Ceskoslovenska obchodna banka Chelsea Building Society China Cnst. Bk (Asia) Corp. Ltd. Chinatrust Commercial Bank, Ltd. Citibank Korea Inc. Citizens Bank, Michigan Close Brothers Ltd. Co-Operative Bank Plc Columbus Bank & Trust Co. Comerica Incorporated Commercial Bank of Dubai PSC Commerzbank Europe (Ireland) Commerzbank International S.A. Coventry Building Society Daegu Bank, Ltd. Depfa ACS Bank DEPFA Bank plc DEPFA Bank plc New York Agency DEPFA Deutsche Pfandbriefbank AG DEPFA-Bank Europe P.L.C. Deutsche Apotheker-und Aerztebk. Deutsche Schiffsbank AG Development Bank of Kazakhstan Development Bk of So. Africa Dexia Kommunalkredit Bank Dexia Sabadell, S.A. Doha Bank Q.S.C. DZ-Bank Ireland plc EBS Building Society EFG Bank EFG International FIH Erhvervsbank A/S First Commercial Bank First Gulf Bank First Midwest Bank Friesland Bank N.V. Fulton Financial Corporation Gulf International Bank BSC Hana Bank Hancock Holding Company Hewlett-Packard Intern Bank Plc Hudson Valley Bank Huntington National Bank Hyakujushi Bank Limited Hypo Alpe-Adria-Bank Int'l AG Hypo Public Finance Bank Hypo Real Estate Bank AG Hypo Real Estate Bank Int'l AG HypoVereins Finance N.V. Ind. & Coml Bk of China (Asia) Industrial Bank of Korea ING Bank Slaski S.A. Intermarket Bank AG KeyCorp Kookmin Bank Korea Development Bank Korea Exchange Bank Kredyt Bank S.A. Landshypotek AB (publ) Lansforsakringar Bank AB (publ)
A2
Abu Dhabi Islamic Bank Adelaide Bank Limited ADIB Sukuk Company Ltd. Amegy Bank National Assoc. American Express Bank Ltd. AMP Bank Limited Associated Banc-Corp Astoria Financial Corporation Banc Internacional D'Andorra S.A Banca Carige S.p.A. Banca Delle Marche S.p.A. Banca March S.A. Banca Popolare di Marostica Banca Popolare Ital.Soc. Coop. Banca Sella Holding Bancaja Emisiones, SA Uniperson. Bancaja US Debt, S.A.U. Banco de Chile Banco de Credito e Inversiones Banco del Estado de Chile Banco Estado, New York Branch Banco Pastor, S.A. Banco Popolare Soc Cooperativa Banco Popular de Puerto Rico Banco Santander Puerto Rico Banco Santander-Chile BancorpSouth Bank BANIF-Banco Internac. do Funchal BANIF-Sucursal Financ. Exterior Bank Gospodarki Zywnosciowej SA Bank Handlowy w Warszawie S.A. Bank of Cyprus Public Co. Ltd Bank of East Asia, Limited Bank of Queensland Limited Bank Polska Kasa Opieki SA Bank Zachodni WBK S.A. BankMuscat S.A.O.G BBK B.S.C. Bendigo and Adelaide Bank BMW Bank of North America BOK Financial Corporation BRE Bank S.A. BRFkredit a/s Britannia Building Society Caixa Catalunya Caixa Catalunya Int'l Fin. B.V. Caixa Catalunya Int'l Fin. Ltd. Caixa d'Estalvis de Manresa Caixa d'Estalvis del Penedes Caixa Econom. Montepio Geral, CI Caixa Economica Montepio Geral Caixa Galicia Caja Ahorros Valencia, Bancaja Caja Cantabria Caja de Ahorros de La Rioja Caja de Ahorros del Mediterraneo Caja de Ahorros Mun. de Burgos Caja Duero Caja Rural de Navarra

Leeds Building Society Lico Leasing, S.A. Lukas Bank S.A. M&T Bank Corporation Macquarie Financial Holdings Ltd Macquarie Group Limited MashreqBank psc Mediocredito Fond. Centro Italia Meridian Bancorp, Inc. Merrill Lynch Bank & Trust Co Merrill Lynch Bank USA National Agricult. Coop. Feder. National Bank of Bahrain BSC National City Bank National City Bank, Indiana Nevada State Bank New York Community Bank Newcastle Building Society Newcastle Perm. Building Society Northern Rock plc Norwich & Peterborough Bldg Soc Old National Bancorp Oman Arab Bank (SAOC) Pacific Capital Bank, N.A. Pastor Internacional Debt, S.A. People's United Bank Powszechna Kasa Oszczednosci Bk Principality Building Society Pusan Bank Regions Financial Corporation San-in Godo Bank, Ltd. Saudi Investment Bank Shanghai Commercial Bank Shinhan Bank Silicon Valley Bank Skipton Building Society Standard Chart. 1st Bk Korea Ltd Standard Chartered Bank Standard Life Bank Limited Standard Life Funding B.V. Storebrand Bank Sueddeutsche Bodencreditbank AG Suhyup Bank Taipei Fubon Bank Taiwan Cooperative Bank Trustmark National Bank UBS DEUTSCHLAND AG UMB Bank, N.A. UniCredit Bank Slovakia a.s. UniCredit MedioCred Cen S.p.A. Union Planters Corporation United Bank United Bank, Inc. Volkswagen Bank GmbH Vontobel Holding AG Webster Bank N.A. Westfaelische Hypothekenbank WestLB AG WestLB AG, New York Branch WestLB Covered Bond Bank WGZ Bank Ireland Plc Whitney National Bank Wilmington Trust Corporation Wing Hang Bank, Limited Wing Lung Bank Limited
Woori Bank Woori Finance Holdings Yorkshire Building Society Zions First National Bank
A3
Abanka Vipa d.d. Agency for Housing Mtg Lending Amagerbanken A/S Amarillo National Bank Amegy Corporation American Savings Bank, FSB Aozora Bank, Ltd. Arab Bank Australia Limited Arab Bank Plc (Dubai Branch) Arab Banking Corporation B.S.C. Banca Agrileasing SpA Banca della Marca Credito Coop Banca Monastier e del Sile Banca Popolare di Cividale ScpA Banca Popolare di Spoleto Banca Tercas Banco De Valencia S.A. BancorpSouth, Inc. Bank Al-Jazira Bank Dhofar SAOG Bank Millennium S.A. Bank of Fukuoka, Ltd. Banque PSA Finance Banque SYZ & Co. S.A. Bausparkasse Mainz AG Budapest Bank Rt. Caixa d'Estalvis de Terrassa Caja Espana de Inversiones Caja Insular de Ahor.de Canar. Caja Rural de Granada Capital One Financial Corp. Cassa di Risparmio Ferrara SpA Chang Hwa Commercial Bank Cheshire Building Society Chinatrust Financial Hold Co Ltd CIB Bank Ltd. CIMB Bank Berhad CIMB Investment Bank Citizens Republic Bancorp, Inc. Clientis AG Dah Sing Bank, Limited DB Sukuk Company Ltd. Derbyshire Building Society Dubai Bank Dunfermline Building Society Erste Bank Hungary Rt Exane S.A. Export-Import Bank of Thailand Fairbairn Private Bank Limited Financiere SYZ & Co. S.A. Fionia Bank A/S First Commercial Bank First Midwest Bancorp, Inc. First National Bank of Omaha First Tennessee Bank, N.A. Foroya Banki P/F GarantiBank International N.V. General Bank of Greece S.A. Gulf Investment Corporation Heritage Building Society

Hiroshima Bank, Limited Hong Leong Bank Berhad HSBC Bank Malaysia Berhad Hua Nan Commercial Bank Ltd. Huntington Bancshares Inc. HVB Banque Luxembourg S.A. Integra Bank National Associat. Interbanca S.p.A INTRUST Bank, N.A. Jeonbuk Bank Kereskedelmi & Hitel Bank Rt. Lease Plan Australia Limited Lease Plan Finance (Dublin) LeasePlan Corporation N.V. Malayan Banking Berhad Marfin Popular Bk Public Co. Ltd Mega Financial Holding Co., Ltd Merchants National Corp MFB Hungarian Dev Bank Ltd. MKB Bank Rt. Mortgage and Land Bank of Latvia National Bank of Oman Limited National City Corporation New York Community Bancorp, Inc Nottingham Building Society Ogaki Kyoritsu Bank, Ltd. Oman International Bank (SAOG) OTP Bank OTP Jelzalogbank Rt (OTP Mtge B) Pacific Capital Bancorp People's United Financial Inc. Popular North America, Inc. Popular, Inc. Public Bank (Hong Kong) Limited Public Bank Berhad RCI Banque RHB Bank Berhad Roslyn Bancorp, Inc. Scarborough Building Society Shinsei Bank, Limited Siam Commercial Bank (Singapore) SpareBank 1 Gruppen AS Standard Bank Plc Standard Chartered Bank Malaysia Standard Chartered PLC Suruga Bank, Ltd. Susquehanna Bank PA SVB Financial Group Tamweel PJSC Tamweel Sukuk Limited Trustmark Corporation UMB Financial Corporation Unibanca S.p.A Volvo Auto Bank GmbH Webster Financial Corporation West Bromwich Building Society Whitney Holding Corporation Zions Bancorporation Banco Itau Europa, S.A. Banco Mercantil del Norte, S.A. Banco Nacional de Mexico, S.A. Banco Santander, S.A. (Mexico) Bangkok Bank Bank of America Mexico, S.A. Bank of Communications Bank of Valletta Bank Sinopac Bank VTB North-West Bank VTB, JSC Barclays Bank Mexico, S.A. BAWAG P.S.K. BBVA Bancomer, S.A. Bre Bank Hipoteczny Caixa d'Estalvis de Tarragona Caja de Ahorros de Avila Caja Segovia CaRiChieti Carolina First Bank China Dev. Industrial Bank Colonial Bank Credito Artigiano S.p.A. Credito Valtellinese DeltaCredit Bank Deutsche Bank Mexico, S.A. E. Sun Commercial Bank, Ltd. Efibanca S.p.A. First Citizens Bank Limited First Financial Holding Company First Horizon National Corp. FirstRand Bank Limited Fubon Financial Holding Co. Ltd. Gazprombank Government Housing Bank,Thailand HSBC Mexico, S.A. Independent Bank ING Bank Eurasia ING Bank, S.A. (Mexico) INTRUST Financial Corp. Investec Bank (Australia) Ltd Investec Bank (UK) Ltd Investec Bank Ltd. Irish Nationwide Build. Society JSCB Bank of Moscow KASIKORNBANK Public Co. Ltd Kazakhstan Mortgage Company JSC Kiyo Bank, Ltd. Krung Thai Bank Krung Thai Bank, Singapore Br. Marfin Egnatia Bank SA National Bank of Ras-Al-Khaimah Nedbank Limited NIBC Bank N.V. OTP Banka Slovensko, a.s. (OBS) Russian Agricultural Bank Sberbank Scotiabank Inverlat S.A. Siam Commercial Bank Public Co. Sovereign Bank Stand. Charter. B (Thai) Pblc Co Standard Bank of South Africa Standard International Holdings Taishin International Bank Unipol Banca S.p.A.
Baa1
ABSA Bank Limited Agricultural Bank of Greece SA Ahli Bank S.A.O.G. Bancaperta S.P.A. Banco Credit Suisse Mexico Banco Guipuzcoano

UOB (Thai) Public Company Ltd Vnesheconombank Volvofinans Bank AB VTB24 Woori Investment & Sec Co., Ltd. ZAO Raiffeisenbank VTB Europe Finance B.V.
Baa3
Absolut Bank Banca Comerciala Romana S.A. Banco Bradesco S.A., (New York) Banco Bradesco SA, Grand Cayman Banco del Bajio, S.A. Banco Do Brasil S.A. (Cayman) Banco Itau BBA (Nassau Branch) Banco Multisectorial Banco Portugues de Negocios Banco Regional de Monterrey, SA Banco Votorantim S.A. Nassau Br Bermuda Commercial Bank Limited BPN - Cayman, Limited BPN-Banco Port. de Neg, S.A. Bradford & Bingley plc BRD - Groupe Societe Generale China Merchants Bank Credit Europe Bank N.V. Discover Financial Services DSK Bank PLC FHB Mortgage Bank Co. Plc. Fideicomiso de Fomento Minero IKB Deutsche Industriebank AG Investcorp Bank B.S.C. Investcorp Capital Limited Investcorp S.A. JSB Rosbank Meliorbanca S.p.A. Piraeus Bank Bulgaria AD Raiffeisen Bank SA Raiffeisenbank (Bulgaria) EAD Taishin Financial Holding Co. Uniao de Bancos Brasil., GC Br. United Gulf Bank B.S.C. Western Alliance Bancorporation
Baa2
African Bank Limited AmBank (M) Berhad Amen Bank Arab Tunisian Bank Axis Bank Ltd, Singapore Branch BancApulia S.p.A. Bank BPH SA Bank of Ayudhya Bank of Ayudhya (HK) Bank of Baroda (London) Bank of India (London) Bank of India, Jersey Branch Bank of Nevada Bank Societe Generale Vostok BankMuscat International B.S.C. Banque de Tunisie Banque Int'le Arabe de Tunisie Bladex S.A. Boubyan Bank Chevy Chase Bank FSB China CITIC Bank Chong Hing Bank Limited CITIC Ka Wah Bank Limited Colonial BancGroup, Inc. (The) Discover Bank E. Sun Financial Holding Co. Ltd EON Bank Berhad Fiat Group Automobiles Fin Ser Fortis N.V. Fortis SA/NV Hellenic Bank Public Company Ltd House Constr. Sav. Bank of KZ ICICI Bank Limited, HK Branch ICICI Bank Ltd, Singapore ICICI Bank UK Plc. ICICI Bank, Bahrain Branch Independence Community Bank Corp Investec PLC KazAgroFinance, JSC Mauritius Commercial Bk. Ltd. Oddo & Cie Primer Banco del Istmo, S.A. Rusfinance Bank Russian Bank for Development Siam City Bank Public Co Ltd, CI Siam City Bank Public Co. Ltd. SinoPac Holdings Societe Tunisienne de Banque Sovereign Bancorp, Inc. State Bank of India, London State Bank of India, Nassau Br State Bank of Mauritius Ltd. TMB Bank Public Company Ltd Union Bank of India, HK Branch United Commercial Bank VTB Bank (Austria) AG VTB Bank (France) SA VTB Bank Europe plc
Ba1
Alfa MTN Invest Ltd Alfa MTN Issuance Limited Alfa MTN Markets Limited Alfa MTN Projects Limited Alfa-Bank ATF Bank Banca Italease S.p.A. Banco Industrial e Comercial Banco Interacciones, S.A. Banco Internacional Costa Rica Bank CenterCredit Bank of Attica S.A. BPN - SGPS, S.A. BTA Bank China Everbright Bank Credit Europe Bank Ltd. Demir-Halk Bank (Nederland) N.V. Finans Finansal Kiralama A.S. First Investment Bank AD FirstBank Puerto Rico Flagstar Bank, FSB Halyk Savings Bk of Kazakhstan Israel Credit Cards Limited Kazkommertsbank MDM Bank MKB Unionbank AD

Parex Bank RCI Banque Sucursal Argentina Russian Regional Develop. Bank Shanghai Pudong Dev. Bank TransCreditBank Zagrebacka banka d.d. Int'l Bank of Azerbaijan Latvijas Krajbanka A/S Moscow Mortgage Agency National Bank of Egypt SAE Oriental Bank of Commerce Promsvyazbank Prudential Bank, S.A. Punjab National Bank Russian Standard Bank SB Sberbank JSC Shenzhen Development Bank Co. Ltd Siauliu Bankas, AB State Bank of India Syndicate Bank Uniao de Bancos Brasileiros S.A. Union Bank of India
Ba2
Ak Bars Bank Alliance Bank Attijariwafa Bank Axis Bank Ltd Banco ABC Brasil S.A. Banco ABN AMRO Real S.A. Banco BBM S.A. Banco BGN S.A. Banco BMG S.A. Banco Bonsucesso S.A. Banco Bradesco S.A. Banco Citibank S.A. Banco Cruzeiro do Sul S.A. Banco de Bogota Banco de Credito del Peru Banco do Brasil S.A. Banco Fibra S.A. Banco Industrial e Comercial SA Banco Internacional del Peru Banco Itau BBA S.A. Banco Itau S.A. Banco Itau S.A. (Cayman Isls) Banco Mercantil do Brasil S.A. Banco Nac. Desenv. Econ. Soc. Banco Nossa Caixa S.A. Banco PanAmericano S.A. Banco Pine S.A. Banco Privado Portugues S.A. Banco Ribeirao Preto S.A. (BRP) Banco Safra S.A. Banco Santander S.A. (Brazil) Banco Sofisa S.A. Banco Votorantim S.A. Bancolombia S.A. Banif - Bnc. Inter. do Funchal Banif Banco de Inv (Brasil) SA Bank Mandiri Persero (PT),Cayman Bank of Alexandria SAE Bank of Baroda Bank of India Banque du Caire SAE Banque Misr SAE BES Investimento do Brasil S.A. BMCE Bank Caixa Economica Federal (CAIXA) Canara Bank Central Bank of India Commercial Intl. Bank (Egypt)SAE Credit du Maroc Export-Import Bank of India Getin Bank SA Ghana Commercial Bank Ltd Guangdong Development Bank HDFC Bank Limited HSBC Bank Brasil-Banco Multiplo ICICI Bank Limited IDBI Bank Ltd ING Bank N.V. - Sao Paulo
Ba3
AB Bankas SNORAS AB Ukio Bankas ACBA - Credit Agricole Alfa-Bank Kazakhstan Anelik Bank CJSCo. Arab Bank PLC Ardshininvestbank CJSC Armeconombank (Armenian EDBank) B.F. Saul Real Est. Inv. Tr. Banca Comerciala Carpatica Banco Ibi S.A. - Banco Multiplo Banco Industrial do Brasil S.A. Banco Industrial S.A. Banco Modal S.A. Banco Schahin S.A. BanCoppel, S.A. Bank Saint-Petersburg OJSC Bank Uralsib BNP Paribas Personal Finance EAD Cairo Amman Bank Caspian Bank Corporate Commercial Bank AD DBK Leasing E*TRADE Bank Ekspo Faktoring A.S. Evrofinance Mosnarbank Far Eastern Bank Gazenergoprombank Home Credit & Finance Bank Housing Bank for Trade & Finance Nomos Bank Norvik Banka, JSC Petrocommerce Bank Petrocommerce Invest S.A. Seimar Alliance Fin Corp, JSC SibAcademFinance plc Temirbank URSA Bank Vozrozhdenie Bank Zenit Bank
B1
Akbank TAS Allied Banking Corporation Anadolubank AS Asia Commercial Bank Asya Katilim Bankasi A.S. Balti Investeer Grupi Pank AS

Baltic International Bank Banco Autofin Mexico, S.A. Banco De Oro Unibank, Inc. Banco Hipotecario del Uruguay Banco Paulista S.A. Banco Prosper S.A. Banco Republica Orient. Uruguay Bank Central Asia Tbk (P.T.) Bank Danamon Indonesia TBK (PT) Bank for Inv. & Dev. of Vietnam Bank Internasional Indonesia PT Bank Mandiri (P.T.) Bank Negara Indonesia TBK (P.T.) Bank of the Philippine Islands Bank Permata TBK (P.T.) Bank Rakyat Indonesia (P.T.) Bank Standard Bank Tabungan Negara (P.T.) Bankpozitif Kredi Kalk Bk A.S. BTA Bank (Russia) Center-Invest Bank Comm. Bk "Renaissance Cap", LLC Credit Bank of Moscow Denizbank A.S. Devel. Bank of the Philippines Doral Financial Corporation Eurasian Bank Eurobank Tekfen AS Finansbank AS HSBC Bank A.S. (Turkey) International Asset Bank AD International Industrial Bank JSC Nurbank Kapital Bank OJSC Land Bank of the Philippines Metropolitan Bank & Trust Co. Moscow Bank for Reconstr.&Devel National Bank TRUST NurFinance B.V. Pan Indonesia Bank TBK (P.T.) Philippine National Bank PrivatBank AS PT Bank Lippo Tbk PT Bank Niaga Tbk Rizal Commercial Bank Corp. Rosevrobank T.C. Ziraat Bankasi Techcombank TranscapitalBank JSC Bank TRUST Investment Bank Tsesna Bank Turk Ekonomi Bankasi AS Turkiye Garanti Bankasi AS Turkiye Is Bankasi AS Turkiye Sinai Kalkinma Bank. AS Turkiye Vakiflar Bankasi TAO United Coconut Planters Bank Vietnam International Bank Yapi ve Kredi Bankasi AS Banco Itau Uruguay S.A. Banco Multiva, S.A. Banco santander, S.A. (Uruguay) Bank Finance and Credit, OJSC Bank Moscow-Minsk Bank Nadra Bank SOYUZ, JSCB Belagroprombank JSC Belarusbank JSSB Belinvestbank Belpromstroibank Calyon Bank Ukraine Commercial Bank Investbank AD Commercial Bk Agropromcredit Credit Uruguay Banco S.A. DonGorBank, CJCS Eurokommerz Holding Limited First Ukrainian Int'l Bk, CJSC Forum Bank Fundservicebank Gazbank JSCB Index-Bank ING Bank Ukraine Investment Trade Bank J & T Banka, a. s. JS Commerrcial Bank Respublika Kazinvestbank Kedr Bank Khan Bank LLC Khreschatyk Bank Kreditprombank Lloyds TSB Bank plc (Uruguay) Locko-bank Metallinvestbank JSCB National Factoring Company National Reserve Bank NBD Bank OTP Bank (Ukraine) Pivdennyi Bank, JSCB Pravex-Bank Privatbank Privatbanka a.s. Raiffeisen Bank Aval Russ-Bank, OJSC Savings Bank of Ukraine SKB-Bank Subsidiary Bank Sber of Russia Swedbank Invest Swedbank OJSC Tatfondbank Technikabank Trade & Dvlpmt Bank of Mongolia Trasta Komercbanka Ukreximbank Ukrgasbank Ukrprombank UkrSibbank Ukrsotsbank Uniastrum Bank UniBank Commercial Bank VAB Bank XacBank LLC
B2
ABN AMRO Bank N.V.,Montevideo Br Alfa Bank Ukraine Baltiyskiy Bank Banco Bandes Uruguay S.A. Banco BVA S.A.
B3
ACLEDA Bank Plc Active-Bank

Agroimpuls JSCB Akibank Aljba Alliance Commercial Bank Alokabank Joint-Stock Comm Bank Baltinvestbank Banco de Vnzla, Grupo Santander Banco GMAC S.A. Bank Audi Bank Evropeyskiy Bank of Beirut Bank of Georgia Bank Uralsky Financial House BLOM BANK s.a.l. Byblos Bank S.A.L. Cambodian Public Bank CentroCredit Bank Credit Dnepr Bank Credit-Standard Bank Delta Bank JSC Downey Savings & Loan Assn. European Trust Bank Eximbank Kazakhstan Expobank Express-Bank First Czech Russian Bank First Republic Bank JSC First United Bank Gallabank Habib Bank Ltd. Imexbank JSCB Industrialbank, JSCB International Investment Bank Interprombank, JSCB Ipoteka Bank Lehman Brothers Bankhaus AG Lehman Brothers Commercial Bank MCB Bank Limited Mercantil, C.A., Banco Univ Metkombank My Bank National Bank of Pakistan National Bank of Uzbekistan National Standard Bank Natsionalny Kosmichesky Bank OAO Petersburg Social Comm Bank Promtorgbank Rodovid Bank Rosdorbank Rosprombank Russian International Bank Russlavbank SMP Bank Sobinbank Solidarnost Sovcombank Stroykredit Bank Sudostroitelny Bank TBC Bank Turon Joint-Stock Comm Bank Ukrgazprombank United Bank Ltd. Ural Bank for Reconstr. & Dev-t Vneshprombank Vostochny Express Bank
Caa1
ABN AMRO Bank N.V. (Argentina) Avtovazbank Banco BISA S.A. Banco Cetelem Argentina S.A. Banco Ciudad de Buenos Aires Banco Columbia S.A. Banco Comafi S.A. Banco Credicoop Cooperativo Banco de la Nacion Argentina Banco de la Nacion Argt (Urg) Banco de Santiago del Estero Banco de Valores S.A. Banco del Tucuman S.A. Banco Economico S.A. (Bolivia) Banco Finansur S.A. Banco Ganadero S.A. Banco Hipotecario S.A. Banco Itau Argentina S.A. Banco Macro S.A. Banco Mercantil Santa Cruz S.A. Banco Nacional de Bolivia S.A. Banco Patagonia S.A. Banco Piano S.A. Banco Santander Rio S.A. Banco Solidario S.A. (Bolivia) Banco Supervielle S.A. BNP Paribas (Argentina) Fondo Financiero Privado Fassil Gazinvestbank Glitnir banki hf Guta Bank HSBC Bank Argentina S.A. Kaupthing Bank hf Landsbanki Islands hf MBA Banco de Inversiones S.A. Nuevo Banco Bisel S.A. Nuevo Banco de La Rioja S.A. Nuevo Banco Industrial de Azul PSA Finance Argentina Comp.Fin. Rossiyskiy Kredit Bank Standard Bank Argentina S.A. Toyota Comp. Financ.de Argentina
Caa2
AsiaUniversalBank JSC Bank Severnaya Kazna KIT Finance Investment Bank Moscow Capital Bank Prominvestbank Sviaz-Bank TumenEnergoBank Washington Mutual, Inc.
Ca
Downey Financial Corp. Washington Mutual Bank SHORT-TERM[1]
P-1
Allied Irish Banks, NY Banco di Brescia S.p.A. Lux Banco Espirito Santo, London Banco Espirito Santo, Madeira Banco Espirito Santo, SA, CI

Banco Pop Societa Coop, Lndn Br Bank of America, N.A.(Sydney Br) Bankinter Emisiones,SA Uniperson Barclays Bank of Canada Barclays Bank PLC, Australia Br. Barclays Bank PLC, Singapore Barclays Bank PLC, Tokyo Bayerische Hypo-Und Vereinsbank Bayerische Hypo-und Vereinsbank BNP Paribas Canada BOS (Ireland) Funding Plc Central Corporate Credit Union Commerce Bancshares, Inc. Commerzbank AG, London Branch Corporate Central Credit Union Corporate One FCU Dexia Credit Local, Stockholm DZ Bank AG, Cayman Islands Erste Finance (Delaware) LLC Espirito Santo Plc FB Funding FirstRand (Ireland) plc Harris Bankcorp, Inc. Honda Bank GmbH HSH Nordbank, Luxembourg Branch ING Bank of Canada Korea Development Bank, NY Br. LaSalle Bank Corporation
Members Untd Corp Fed. Credit Merrill Lynch Int'l Bank Ltd. Mizuho Corporate Bnk,Ltd(Cayman) Mizuho Financial Group, Inc. Nacional Financiera, S.N.C. Natixis Commercial Paper Corp. Rabobank Nederland, Paris Branch Rabobank Polska SA Royal Bank of Canada (Sydney Br) Royal Bank of Scotland, Tokyo Br Scotiabanc Inc. Shinhan Bank, New York Branch Stadshypotek AB Stadshypotek Delaware, Inc. Standard Chartered Bank, Tokyo Sumitomo Mitsui Bkg Co.of Canada SunCorp Corporate Credit Union Toronto-Dominion Hldgs (USA) TOTTA (IRELAND) p.l.c. U.S. Bank Nat. Ass., Canada Br. Ulster Bank Finance PLC
P-2
Lease Plan New Zealand Limited Sofira SNC
NP
Lehman Brothers Bank, FSB
Global Banks by Financial Strength Rating

November 17, 2008
Issuer Domicile
[1]
LT Bank
Financial
[2] Short-Term
A
Wells Fargo Bank Northwest, N.A. Wells Fargo Bank, N.A. United States United States United States United States United States United States Spain Luxembourg United States United States United States United States United States United Kingdom United States United States Hong Kong Hong Kong United States United Kingdom Netherlands Canada Canada Switzerland Switzerland United States Canada Australia Spain Spain Spain United States Canada Canada United Kingdom United Kingdom France United States United States Ireland United Kingdom Japan United States Germany United States United States Australia France Switzerland Denmark Singapore Germany United States United States United States Aaa Aaa Aaa Aaa Aa1 Aa1 Aa1 Aa2 Aaa Aa2 Aaa Aaa Aa2 Aaa Aa2 Aaa Aa2 Aa2 Aaa Aaa Aaa Aaa Aaa Aa1 Aa1 Aa1 Aaa Aa1 Aa1 Aa1 Aa1 Aa3 Aa1 Aa1 Aa1 Aa1 Aa1 Aaa Aa1 Aa3 Aa3 Aa3 Aa1 Aa3 Aa3 Aa3 Aa1 Aa1 Aa1 Aa1 Aa1 Aa1 Aa3 Aa3 Aa3 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1
ABank of America, N.A. FIA Card Services, N.A. U.S. Bank National Assoc. ND U.S. Bank National Association
B+
Banco Popular Espanol, S.A. Bank of New York (Lux.) S.A. Bank of New York Mellon (The) BB&T Financial, FSB BNY Mellon National Association BNY Mellon Trust of Delaware Branch Banking and Trust Co. Cheltenham & Gloucester plc Commerce Bank, N.A. Countrywide Bank FSB Hang Seng Bank Limited Hongkong and Shanghai Bank Corp. JPMorgan Chase Bank, NA Lloyds TSB Bank Plc Rabobank Nederland Royal Bank of Canada Royal Trust Corp. of Canada SIX SIS Ltd SIX x-clear Ltd State Street Bank and Trust Co. Toronto-Dominion Bank (The)
B
Australia and NZ Banking Group Banco Bilbao Viz. Argentar. S.A. Banco Credito Local Espana Banco Santander S.A. (Spain) Bank of Hawaii Bank of Montreal Bank of Nova Scotia Bank of Scotland plc Barclays Bank PLC BNP Paribas Chase Bank USA, N.A. Citibank (South Dakota), N.A. Citibank Europe plc Citibank International Plc Citibank Japan Ltd. Citibank, N.A. Citigroup Global Mkts Deutsch. Citizens Bank of Pennsylvania City National Bank Commonwealth Bank of Australia Credit Agricole S.A. Credit Suisse Danske Bank A/S DBS Bank Ltd. Deutsche Bank AG Fifth Third Bank, Michigan Fifth Third Bank, Ohio Frost National Bank
[1] Moody's deposit obligations ratings are issuer (rather than issue) ratings. For U.S. banks & thrifts, this rating applies only to domestic deposit obligations. Other Senior Obligations (OSO) of U.S. banks are covered by the OSO ratings on the U.S. Banks & Thrifts / OSO Ratings list. For non-U.S. banks, the deposit obligation rating applies to all deposit obligations. [2] Moody's short-term debt rating for commercial paper, bank deposits, or other short-term debt.

November 17, 2008
Issuer Domicile
[1]
LT Bank
Financial
[2] Short-Term
Goldman Sachs Bank (Europe) plc Goldman Sachs Bank USA Goldman Sachs Private Bank Ltd. HSBC Bank plc HSBC Private Bank (Suisse) SA La Caixa M&I Bank FSB M&I Marshall & Ilsley Bank Montreal Trust Company of Canada National Australia Bank Ltd. National Westminster Bank PLC Nationwide Building Society Nordea Bank AB Nordea Bank Finland Plc Northern Trust Company OP-Pohjola Group Oversea-Chinese Banking Corp Ltd PNC Bank, Delaware PNC Bank, N.A. RBS Citizens, NA Royal Bank of Scotland plc St.George Bank Limited SunTrust Bank Svenska Handelsbanken AB Union Bank of California, N.A. United Overseas Bank Limited Wachovia Bank, N.A. Westpac Banking Corporation World Savings Bank, FSB
Ireland United States Ireland United Kingdom Switzerland Spain United States United States Canada Australia United Kingdom United Kingdom Sweden Finland United States Finland Singapore United States United States United States United Kingdom Australia United States Sweden United States Singapore United States Australia United States Netherlands Ireland United States United States New Zealand United States United States Brazil Chile Spain Brazil Brazil Spain Chile Switzerland Ireland United States United States Spain Canada Canada Switzerland United Kingdom United States United States Spain Norway United States United States United States United States
Aa3 Aa3 Aa3 Aa1 Aa2 Aa1 Aa3 Aa3 Aa1 Aa1 Aa1 Aa2 Aa1 Aa1 Aa3 Aa1 Aa3 Aa3 Aa3 Aa1 Aa2 Aa3 Aa1 Aa3 Aa1 Aa2 Aa1 Aa2 Aa2 Aa2 A1 A1 Aa2 A1 A1 Ba2 A2 Aa2 Ba2 Ba2 Aa3 A2 Aa3 Aa2 A1 Aa3 Aa3 Aa2 Aa2 Aa3 A1 Aa3 Aa2 Aa1 Aa3 A1 A1 A1
P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 NP P-1 P-1 NP NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1
BABN AMRO Bank N.V. Allied Irish Banks, p.l.c. American Express Bank, FSB American Express Centurion Bank ASB Bank Limited Associated Bank, N.A. Astoria Federal Savings & Loan Banco Bradesco S.A. Banco de Chile Banco Espanol de Credito S.A. Banco Itau BBA S.A. Banco Itau S.A. Banco Sabadell, S.A. Banco Santander-Chile Bank Julius Baer & Co. AG Bank of Ireland Bank of Oklahoma, N.A. Bank of the West Bankinter, S.A. Canadian Imperial Bank Commerce CIBC Mellon Trust Company Clariden Leu AG Clydesdale Bank plc Comerica Bank Compass Bank Confederacion Espanola Ahorro DNB NOR Bank ASA First Hawaiian Bank First-Citizens Bank & Tr. Co. FirstMerit Bank, N.A. Fulton Bank

November 17, 2008
Issuer Domicile
[1]
LT Bank
Financial
[2] Short-Term
Hancock Bank Hancock Bank of Louisiana Harris N.A. ING Bank N.V. ING Belgium SA/NV Intesa Sanpaolo Spa Jyske Bank A/S KBC Bank N.V. KeyBank National Association Le Credit Lyonnais S.A. LGT Bank in Liechtenstein AG Manufacturers & Traders Tr Co Morgan Stanley Bank AG Morgan Stanley Bank Int''l Ltd. Morgan Stanley Bank, N.A. National Bank of Canada National Bank of Kuwait Nordea Bank Danmark A/S Nordea Bank Norge ASA Old National Bank Prudential Bank & Trust, FSB Regions Bank Sampo Bank plc SEB Societe Generale Sparkassen-Finanzgruppe St. Galler Kantonalbank Standard Chartered Bank (HK) Ltd Suncorp-Metway Ltd. TCF National Bank TD Bank, N.A. Texas State Bank UBS AG Uniao de Bancos Brasileiros S.A. Unicaja Valley National Bank Wilmington Trust Company
United States United States United States Netherlands Belgium Italy Denmark Belgium United States France Liechtenstein United States Germany United Kingdom United States Canada Kuwait Denmark Norway United States United States United States Finland Sweden France Germany Switzerland Hong Kong Australia United States United States United States Switzerland Brazil Spain United States United States United Kingdom United Kingdom United States Ireland New Zealand Jordan Andorra Italy Portugal Spain Chile Chile Portugal Mexico United States Portugal United States Switzerland Hong Kong New Zealand Switzerland Luxembourg France
A1 A1 Aa3 Aa2 Aa2 Aa2 Aa2 Aa2 A1 Aa1 Aa3 A1 A1 A1 A1 Aa2 Aa2 Aa1 Aa1 A1 A1 A1 Aa1 Aa2 Aa2 Aa1 Aa3 Aa3 A1 Aa2 Aa3 Aa2 Ba2 Aa3 A1 A1 Aa3 Aa3 A2 A1 Aa2 Ba3 A2 Aa3 Aa3 A1 A2 A2 Aa3 Baa1 A2 Aa3 A2 A1 Aa3 Aa2 A1 Aaa Aa3
P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1
C+
Abbey National plc Alliance & Leicester plc Amegy Bank National Assoc. Anglo Irish Bank Corp. Plc ANZ National Bank Ltd Arab Bank PLC Banc Internacional D'Andorra S.A Banca Infrast. Innov. e Sviluppo Banco Comercial Portugues, S.A. Banco Cooperativo Espanol, S.A. Banco de Credito e Inversiones Banco del Estado de Chile Banco Espirito Santo, S.A. Banco Nacional de Mexico, S.A. Banco Popular de Puerto Rico Banco Santander Totta S.A. BancorpSouth Bank Bank Morgan Stanley AG Bank of China (Hong Kong) Ltd Bank of New Zealand Bank Vontobel AG Banque et Caisse d'Epargne Banque Federale des Banque Pop.

November 17, 2008
Issuer Domicile
[1]
LT Bank
Financial
[2] Short-Term
Banque Saudi Fransi BBVA Bancomer, S.A. Bilbao Bizkaia Kutxa BSI AG Caisse Centrale Desjardins Caixanova Caja Ahorros Monte Piedad Madrid Caja de Ahorros de Vitoria Alava Caja Laboral Popular Coop.de Crt Cred. California Bank & Trust Capital One Bank Capital One, N.A. Cassa Di Risparmio Di Parma Chugoku Bank, Limited Chuo Mitsui Asset Trust & Bk Co Citigroup Pty Limited Citizens Bank, Michigan Close Brothers Ltd. CNCE Columbus Bank & Trust Co. Commerzbank Europe (Ireland) Commerzbank International S.A. Coventry Building Society DBS Bank (Hong Kong) Limited Deutsche Postbank AG Deutsche Schiffsbank AG Dexia Sabadell, S.A. EFG Bank EFG Eurobank Ergasisa S.A. First Commercial Bank First Midwest Bank HSBC Bank Middle East Limited HSBC Bank USA, N.A. HSBC France Hudson Valley Bank Huntington National Bank Ibercaja ING Bank (Australia) Ltd. Irish Life & Permanent plc Landshypotek AB (publ) LaSer Cofinoga Leeds Building Society Macquarie Bank Limited Merrill Lynch Bank & Trust Co Merrill Lynch Bank USA Muenchener Hypothekenbank eG Nanyang Commercial Bank, Ltd. National Bank of Greece S.A. National City Bank Nevada State Bank New York Community Bank Newcastle Perm. Building Society Nykredit Bank A/S OTP Bank OTP Jelzalogbank Rt (OTP Mtge B) Pacific Capital Bank, N.A. People's United Bank Pohjola Bank plc Raiffeisen Schweiz Resona Trust & Banking Company Ringkjobing Landbobank A/s Samba Financial Group
Saudi Arabia Mexico Spain Switzerland Canada Spain Spain Spain Spain United States United States United States Italy Japan Japan Australia United States United Kingdom France United States Ireland Luxembourg United Kingdom Hong Kong Germany Germany Spain Switzerland Greece United States United States Jersey United States France United States United States Spain Australia Ireland Sweden France United Kingdom Australia United States United States Germany Hong Kong Greece United States United States United States Australia Denmark Hungary Hungary United States United States Finland Switzerland Japan Denmark Saudi Arabia
A1 Baa1 A1 A1 Aa1 A1 Aa3 A1 A1 A2 A2 A2 Aa3 Aa3 A1 Aa3 A2 A2 Aa3 A2 A2 A2 A2 Aa3 Aa2 A2 A2 A2 Aa3 A2 A2 Aa2 Aa2 Aa3 A2 A2 A1 Aa3 Aa3 A2 Aa3 A2 A1 A2 A2 Aa3 Aa3 Aa3 A2 A2 A2 A2 Aa3 A3 A3 A2 A2 Aa1 Aa1 A1 A1 A1
P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1

November 17, 2008
Issuer Domicile
[1]
LT Bank
Financial
[2] Short-Term
Santander Consumer Finance S.A. Saudi British Bank Shanghai Commercial Bank Shinkin Central Bank Shizuoka Bank, Ltd. Silicon Valley Bank Skipton Building Society SNS Bank N.V. SpareBank 1 Nord-Norge SpareBank 1 SMN SpareBank 1 SR-Bank Sparkasse Aachen Sparkasse Spree-Neisse Stadtsparkasse Duesseldorf Standard Bank of South Africa Standard Chartered Bank Swedbank AB Sydbank A/S Trustmark National Bank Ulster Bank Ireland Limited Ulster Bank Limited UMB Bank, N.A. UniCredit Banca per la Casa UniCredit Bank Austria AG UniCredit SpA United Bank United Bank, Inc. Valiant Bank AG Volkswagen Bank GmbH Webster Bank N.A. Westpac New Zealand Limited Whitney National Bank Wing Hang Bank, Limited Wing Lung Bank Limited Zions First National Bank Zuercher Kantonalbank
Spain Saudi Arabia Hong Kong Japan Japan United States United Kingdom Netherlands Norway Norway Norway Germany Germany Germany South Africa United Kingdom Sweden Denmark United States Ireland United Kingdom United States Italy Austria Italy United States United States Switzerland Germany United States New Zealand United States Hong Kong Hong Kong United States Switzerland South Africa Finland Saudi Arabia Greece United States United States Saudi Arabia Italy Spain Italy Italy Italy Italy Italy Italy Italy Brazil Portugal Brazil Spain United States Mexico Israel Israel
A1 A1 A2 Aa2 Aa3 A2 A2 A1 Aa3 Aa3 Aa3 Aa2 Aa2 Aa1 Baa1 A2 Aa3 Aa3 A2 Aa2 Aa2 A2 Aa3 Aa2 Aa3 A2 A2 A1 A2 A2 Aa2 A2 A2 A2 A2 Aaa Baa1 A1 A1 A1 A3 A3 A1 Aa3 A2 Aa3 Aa2 A1 A2 A1 Aa3 A1 Ba2 A1 Ba2 A2 A2 Baa1 A1 A1
P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-2 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 NP P-1 NP P-1 P-1 P-2 P-1 P-1
C
ABSA Bank Limited Aktia Bank p.l.c. Al Rajhi Bank Alpha Bank AE Amarillo National Bank American Savings Bank, FSB Arab National Bank Banca CR Firenze S.p.A. Banca March S.A. Banca Monte dei Paschi di Siena Banca Nazionale Del Lavoro Banca Popolare dell'Alto Adige Banca Popolare di Marostica Banca Popolare di Milano Banca Popolare Friuladria Banca Toscana S.p.A. Banco ABN AMRO Real S.A. Banco BPI S.A. Banco do Brasil S.A. Banco Pastor, S.A. Banco Santander Puerto Rico Banco Santander, S.A. (Mexico) Bank Hapoalim B.M. Bank Leumi

November 17, 2008
Issuer Domicile
[1]
LT Bank
Financial
[2] Short-Term
Bank of East Asia, Limited Bank of N.T. Butterfield & Son Ltd.(The) Bank of Queensland Limited Bank of Tokyo-Mitsubishi UFJ Bank of Western Australia Ltd Bank of Yokohama, Ltd. Bank Polska Kasa Opieki SA Banque Fed. du Credit Mutuel Banque PSA Finance Banque SYZ & Co. S.A. BBV Argentaria Puerto Rico Bendigo and Adelaide Bank BMW Bank of North America Bremer Landesbank Kred. Old. Britannia Building Society Caisse C'ale du Credit Immo Caixa Catalunya Caixa d'Estalvis de Manresa Caixa d'Estalvis del Penedes Caixa Galicia Caixa Geral de Depositos, S.A. Caja Ahorros Valencia, Bancaja Caja de Ahorros del Mediterraneo Caja de Ahorros Mun. de Burgos Caja Duero Caja Rural de Navarra Cajamar Cj. Rrl., Soc. Coop. Cr. CALYON Ceska Sporitelna, a.s. Ceskoslovenska Obchodni Banka Chelsea Building Society Chiba Bank, Ltd. China Cnst. Bk (Asia) Corp. Ltd. Chiyu Banking Corporation, Ltd. Clientis AG Co-Operative Bank Plc Commercial Bank of Kuwait Commerzbank AG Credit Foncier de France Dah Sing Bank, Limited DB UK Bank Limited DekaBank Deutsche Girozentrale Deutsche Apotheker-und Aerztebk. Deutsche Bank National Trust Co Deutsche Bank Trust Co. Americas Deutsche Bank Trust Co. Delaware Dexia Crediop S.p.A. Dresdner Bank AG Dresdner Bank Luxembourg S.A. DVB Bank AG Erste Group Bank AG Eurohypo AG Fairbairn Private Bank Limited FIH Erhvervsbank A/S First Active plc First National Bank of Omaha First Tennessee Bank, N.A. FirstRand Bank Limited Friesland Bank N.V. GarantiBank International N.V. Hana Bank Heritage Building Society
Hong Kong Bermuda Australia Japan Australia Japan Poland France France Switzerland United States Australia United States Germany United Kingdom France Spain Spain Spain Spain Portugal Spain Spain Spain Spain Spain Spain France Czech Republic Czech Republic United Kingdom Japan Hong Kong Hong Kong Switzerland United Kingdom Kuwait Germany France Hong Kong United Kingdom Germany Germany United States United States United States Italy Germany Luxembourg Germany Austria Germany Jersey Denmark Ireland United States United States South Africa Netherlands Netherlands Korea Australia
A2 Aa3 A2 Aa2 Aa3 A1 A2 Aa3 A3 A3 Aa3 A2 A2 Aa2 A2 A1 A2 A2 A2 A2 Aa1 A2 A2 A2 A2 A2 A2 Aa1 A1 A1 A2 A1 A2 Aa3 A3 A2 Aa3 Aa3 Aa3 A3 Aa3 Aa2 A2 Aa3 Aa3 Aa3 A1 Aa3 A1 A1 Aa3 A1 A3 A2 Aa2 A3 A3 Baa1 A2 A3 A2 A3
P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-2 P-2 P-2 P-1 P-2 P-1 P-2

November 17, 2008
Issuer Domicile
[1]
LT Bank
Financial
[2] Short-Term
Higo Bank Ltd. HSBC Bank Brasil-Banco Multiplo HSBC Mexico, S.A. HSH Nordbank AG Hypo Tirol Bank AG ICS Building Society ING Bank of Canada Integra Bank National Associat. Intermarket Bank AG INTRUST Bank, N.A. Investec Bank Ltd. Investkredit Bank AG Japan Trustee Services Bank, Ltd KBC Bank Ireland PLC Komercni Banka a.s. Kookmin Bank Kreissparkasse Koeln Landesbank Baden-Wuerttemberg Lansforsakringar Bank AB (publ) LeasePlan Corporation N.V. Lloyds TSB Offshore Limited Locindus S.A. Malayan Banking Berhad Mitsubishi UFJ Trt & Bank. Corp. Mizuho Bank, Ltd. Mizuho Corporate Bank, Ltd. Mizuho Trust & Banking Co., Ltd. National Bank of Abu Dhabi National Commercial Bank Natixis Nedbank Limited Newcastle Building Society Norinchukin Bank Norwich & Peterborough Bldg Soc Nova Ljubljanska banka d.d. Oesterreichische Volksbanken AG Piraeus Bank S.A. Powszechna Kasa Oszczednosci Bk Principality Building Society Public Bank Berhad Raiffeisen Zentralbank Oest. Raiffeisenlandesbank Oberoest.AG Raifflndsbnk Niederoesterreich RCI Banque Riyad Bank Santander Consumer Bank S.p.A. Shinhan Bank Spar Nord Bank A/S Sparebanken Vest Sparkasse KoelnBonn Sumitomo Mitsui Banking Corp. Sumitomo Mitsui Banking Europe Sumitomo Trust And Banking Co. Susquehanna Bank PA Trust & Custody Services Bank UniCredit MedioCred Cen S.p.A. Unione di Banche Italiane ScpA Volvo Auto Bank GmbH
Japan Brazil Mexico Germany Austria Ireland Canada United States Austria United States South Africa Austria Japan Ireland Czech Republic Korea Germany Germany Sweden Netherlands Jersey France Malaysia Japan Japan Japan Japan United Arab Emirates Saudi Arabia France South Africa United Kingdom Japan United Kingdom Slovenia Austria Greece Poland United Kingdom Malaysia Austria Austria Austria France Saudi Arabia Italy Korea Denmark Norway Germany Japan United Kingdom Japan United States Japan Italy Italy Germany
A1 Ba2 Baa1 Aa2 Aa1 Aa3 A3 A2 A3 Baa1 A1 Aa3 A1 A1 A2 Aa2 Aa1 A2 Aa2 Aa3 A3 Aa2 Aa2 Aa2 Aa2 Aa3 A1 Aa3 Baa1 A2 Aa2 A2 Aa3 Aa3 A1 A2 A2 A3 Aa2 Aa3 Aa3 A3 A1 A1 A2 A1 A1 Aa2 Aa2 Aa2 Aa3 A3 Aa2 A2 A1 A3
P-1 NP P-2 P-1 P-1 P-1 P-2 P-1 P-2 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-2

November 17, 2008
Issuer Domicile
[1]
LT Bank
Financial
[2] Short-Term
Vorarlberger Land-und Hypobk AG WGZ BANK AG WGZ Bank Ireland Plc Woori Bank Yorkshire Building Society
Austria Germany Ireland Korea United Kingdom United Arab Emirates Australia Turkey Kuwait Denmark Bahrain - Off Shore Estonia India Italy Italy Italy Italy Italy Italy Italy Italy Italy Italy Italy Brazil Colombia Spain Spain Portugal Mexico Italy Brazil Brazil Brazil Portugal Poland Cyprus Kuwait United States Ireland Philippines United States Poland Oman Switzerland France Germany Germany Germany Bahrain Panama Kuwait Spain Spain Portugal Spain Spain Spain Spain Spain
Aa1 Aa3 A2 A2 A2 Aa3 A2 B1 A1 A3 A3 A1 Ba2 A3 A1 A2 A3 A2 A3 A3 A3 A2 A3 Baa1 Ba2 Ba2 A3 Baa1 Baa1 Baa1 A2 Ba2 Ba2 Ba2 A2 A2 A2 A1 Baa2 Aa3 B1 Aa2 A2 A2 A1 Aa3 A3 A1 Aa2 A2 Baa2 A1 Baa1 A3 A2 A2 Baa1 A2 A3 A3
P-1 P-1 P-1 P-1 P-1 P-1 P-1 NP P-1 P-2 P-2 P-1 NP P-2 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-2 NP NP P-2 P-2 P-2 P-2 P-1 NP NP NP P-1 P-1 P-1 P-1 P-2 P-1 NP P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-2 P-1 P-2 P-2 P-1 P-1 P-2 P-1 P-2 P-2
CAbu Dhabi Commercial Bank Adelaide Bank Limited Akbank TAS Al Ahli Bank of Kuwait Amagerbanken A/S Arab Banking Corporation B.S.C. AS Hansapank Axis Bank Ltd Banca Agrileasing SpA Banca Antonveneta Banca Carige S.p.A. Banca della Marca Credito Coop Banca Delle Marche S.p.A. Banca Monastier e del Sile Banca Popolare di Cividale ScpA Banca Popolare di Spoleto Banca Sella Holding Banca Tercas Bancaperta S.P.A. Banco Citibank S.A. Banco de Bogota Banco De Valencia S.A. Banco Guipuzcoano Banco Itau Europa, S.A. Banco Mercantil del Norte, S.A. Banco Popolare Soc Cooperativa Banco Safra S.A. Banco Santander S.A. (Brazil) Banco Votorantim S.A. BANIF-Banco Internac. do Funchal Bank Handlowy w Warszawie S.A. Bank of Cyprus Public Co. Ltd Bank of Kuwait and Middle East Bank of Nevada Bank of Scotland (Ireland) Ltd Bank of the Philippine Islands Bank of Tokyo-Mitsub.UFJ Trust Bank Zachodni WBK S.A. BankMuscat S.A.O.G Banque Cantonale Vaudoise Banque Palatine Bausparkasse Mainz AG Bayerische Hypo-und Vereinsbank Bayerische Landesbank BBK B.S.C. Bladex S.A. Burgan Bank Caixa d'Estalvis de Tarragona Caixa d'Estalvis de Terrassa Caixa Economica Montepio Geral Caja Cantabria Caja de Ahorros de Avila Caja de Ahorros de La Rioja Caja Espana de Inversiones Caja Insular de Ahor.de Canar.

November 17, 2008
Issuer Domicile
[1]
LT Bank
Financial
[2] Short-Term
Caja Rural de Granada Caja Segovia CaRiChieti Carolina First Bank Cassa di Risp.di Bolzano-Sudtirl Cassa di Risparmio Ferrara SpA Cassa Risparmi Forli Rom Spa Cathay United Bank Co., Ltd Cheshire Building Society Chevy Chase Bank FSB China Dev. Industrial Bank Chinatrust Commercial Bank, Ltd. Chong Hing Bank Limited Chuo Mitsui Tr & Bnkng Co. Ltd. CIB Bank Ltd. Citibank Korea Inc. Colonial Bank Commercial Bank of Qatar Commercial Intl. Bank (Egypt)SAE Credit Industriel et Commercial Credito Valtellinese Daegu Bank, Ltd. Denizbank A.S. Derbyshire Building Society Deutsche Hypothekenbank AG Dexia Bank Belgium Dexia Banque Int'l a Luxembourg Dexia Credit Local Dexia Kommunalkredit Bank Discover Bank Dunfermline Building Society DZ BANK AG Deutsche Zentral-Gen. DZ-Bank Ireland plc EBS Building Society Emirates Bank Int'l PJSC Emporiki Bank of Greece S.A. Finansbank AS Fionia Bank A/S First Citizens Bank Limited First Intl Bank of Israel Foroya Banki P/F Fortis Bank Nederland (Holding) Fortis Bank S.A./N.V. Fortis Banque Luxembourg S.A. Gulf Bank Gulf International Bank BSC Gunma Bank, Ltd. HDFC Bank Limited Hewlett-Packard Intern Bank Plc Hong Leong Bank Berhad Housing Bank for Trade & Finance HSBC Bank A.S. (Turkey) HSBC Bank Australia Ltd HSBC Bank Malaysia Berhad HVB Banque Luxembourg S.A. Hyakujushi Bank Limited Hypo Real Estate Bank AG Hypo Real Estate Bank Int'l AG ICICI Bank Limited Ind. & Coml Bk of China (Asia) Independent Bank Investec Bank (Australia) Ltd
Spain Spain Italy United States Italy Italy Italy Taiwan United Kingdom United States Taiwan Taiwan Hong Kong Japan Hungary Korea United States Qatar Egypt France Italy Korea Turkey United Kingdom Germany Belgium Luxembourg France Austria United States United Kingdom Germany Ireland Ireland United Arab Emirates Greece Turkey Denmark Trinidad & Tobago Israel Denmark Netherlands Belgium Luxembourg Kuwait Bahrain - Off Shore Japan India Ireland Malaysia Jordan Turkey Australia Malaysia Luxembourg Japan Germany Germany India Hong Kong United States Australia
A3 Baa1 Baa1 Baa1 A2 A3 A1 A1 A3 Baa2 Baa1 A2 Baa2 A1 A3 A2 Baa1 A1 Ba2 Aa3 Baa1 A2 B1 A3 Aa3 Aa3 Aa3 Aa3 Baa2 A3 Aa3 A2 A2 A1 Aa3 B1 A3 Baa1 A1 A3 A1 A1 A1 A1 A2 A1 Ba2 A2 A3 Ba3 B1 Aa3 A3 A3 A2 A2 A2 Ba2 A2 Baa1 Baa1
P-2 P-2 P-2 P-2 P-1 P-1 P-1 P-1 P-2 P-2 P-2 P-1 P-2 P-1 P-2 P-1 P-2 P-1 NP P-1 P-2 P-1 NP P-2 P-1 P-1 P-1 P-1 P-1 P-2 P-2 P-1 P-1 P-1 P-1 P-1 NP P-2 P-2 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 NP P-1 P-1 NP NP P-1 P-1 P-2 P-1 P-1 NP P-1 P-2 P-1

November 17, 2008
Issuer Domicile
[1]
LT Bank
Financial
[2] Short-Term
Investec Bank (UK) Ltd Irish Nationwide Build. Society Israel Discount Bank Joyo Bank, Ltd. Kereskedelmi & Hitel Bank Rt. KfW IPEX-Bank GmbH Kommunalkredit Austria AG Kommunalkredit Int. Bank Ltd Korea Exchange Bank Kuwait Finance House Landesbk Hessen-Thueringen GZ Lukas Bank S.A. Marfin Popular Bk Public Co. Ltd MashreqBank psc Mediocredito Trentino-Alto Adige Mega Int'l Commercial Bank Mizrahi Tefahot Bank MKB Bank Rt. National Bank of Bahrain BSC National Bank of Dubai PJSC NIBC Bank N.V. Norddeutsche Landesbank GZ Norddeutsche Landesbank Lux. Nottingham Building Society Nova Kreditna banka Maribor d.d. NRW.BANK Oddo & Cie Oman Arab Bank (SAOC) Primer Banco del Istmo, S.A. Public Bank (Hong Kong) Limited Pusan Bank Qatar National Bank RBC Bank (USA) San-in Godo Bank, Ltd. Saudi Hollandi Bank Saudi Investment Bank Scarborough Building Society Scotiabank Inverlat S.A. SEB AG Slovenska sporitelna, a.s. Sovereign Bank Sparebanken Oest Standard Bank Plc Standard Chartered Bank Malaysia Standard Life Bank Limited State Bank of India State Bank of Mauritius Ltd. Storebrand Bank Taipei Fubon Bank Tatra banka, a.s. Turkiye Garanti Bankasi AS Unibanca S.p.A United Commercial Bank Volvofinans Bank AB Vseobecna uverova banka, a.s. West Bromwich Building Society
United Kingdom Ireland Israel Japan Hungary Germany Austria Cyprus Korea Kuwait Germany Poland Cyprus United Arab Emirates Italy Taiwan Israel Hungary Bahrain United Arab Emirates Netherlands Germany Luxembourg United Kingdom Slovenia Germany France Oman Panama Hong Kong Korea Qatar United States Japan Saudi Arabia Saudi Arabia United Kingdom Mexico Germany Slovak Republic United States Norway United Kingdom Malaysia United Kingdom India Mauritius Norway Taiwan Slovak Republic Turkey Italy United States Sweden Slovak Republic United Kingdom Slovenia South Africa Russia Australia
Baa1 Baa1 A1 A1 A3 Aa3 Aa3 A2 Aa3 Aa2 A2 A3 A2 Aa3 A1 A1 A3 A2 A1 Baa1 Aa2 Aa3 A3 A1 Baa2 A2 Baa2 A3 A2 Aa3 Aa3 A2 A1 A2 A3 Baa1 A1 A1 Baa1 A1 A3 A3 A2 Ba2 Baa2 A2 A2 A1 B1 A3 Baa2 Baa1 Aa3 A3 A3 Baa2 Ba1 A2
P-2 P-2 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-2 P-1 P-1 P-2 P-1 P-3 P-1 P-2 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-2 P-1 P-1 P-2 P-1 P-2 P-1 P-1 NP P-2 P-1 P-1 P-1 NP P-1 P-2 P-2 P-1 P-2 P-2 P-2 NP P-1
D+
Abanka Vipa d.d. African Bank Limited Alfa-Bank AMP Bank Limited

November 17, 2008
Issuer Domicile
[1]
LT Bank
Financial
[2] Short-Term
Aozora Bank, Ltd. Arab Bank Australia Limited Attijariwafa Bank BancApulia S.p.A. Banco ABC Brasil S.A. Banco BBM S.A. Banco BMG S.A. Banco Credit Suisse Mexico Banco Cruzeiro do Sul S.A. Banco de Credito del Peru Banco de Valores S.A. Banco del Bajio, S.A. Banco Industrial e Comercial SA Banco Internacional del Peru Banco Nossa Caixa S.A. Banco Regional de Monterrey, SA Banco Santander Rio S.A. Banco Sofisa S.A. Bangkok Bank Bank Al-Jazira Bank Central Asia Tbk (P.T.) Bank Dhofar SAOG Bank of America Mexico, S.A. Bank of Baroda Bank of Fukuoka, Ltd. Bank of India Bank of Taiwan Bank of Valletta Bank Rakyat Indonesia (P.T.) Bank Sinopac BankMuscat International B.S.C. Banque de Tunisie Barclays Bank Ireland PLC Bermuda Commercial Bank Limited BES Investimento do Brasil S.A. BMCE Bank BPN-Banco Port. de Neg, S.A. BRD - Groupe Societe Generale Budapest Bank Rt. Caixa Economica Federal (CAIXA) Cambodian Public Bank Canara Bank China Merchants Bank CIMB Bank Berhad CITIC Ka Wah Bank Limited Commercial Bank of Dubai PSC Credit du Maroc Credit Europe Bank N.V. Demir-Halk Bank (Nederland) N.V. Depfa ACS Bank DEPFA Bank plc DEPFA Deutsche Pfandbriefbank AG DEPFA-Bank Europe P.L.C. Doha Bank Q.S.C. DSK Bank PLC Dubai Islamic Bank PJSC E. Sun Commercial Bank, Ltd. Efibanca S.p.A. Erste Bank Hungary Rt FHB Mortgage Bank Co. Plc. First Gulf Bank FirstBank Puerto Rico
Japan Australia Morocco Italy Brazil Brazil Brazil Mexico Brazil Peru Argentina Mexico Brazil Peru Brazil Mexico Argentina Brazil Thailand Saudi Arabia Indonesia Oman Mexico India Japan India Taiwan Malta Indonesia Taiwan Bahrain Tunisia Ireland Bermuda Brazil Morocco Portugal Romania Hungary Brazil Cambodia India China Malaysia Hong Kong United Arab Emirates Morocco Netherlands Netherlands Ireland Ireland Germany Ireland Qatar Bulgaria United Arab Emirates Taiwan Italy Hungary Hungary United Arab Emirates United States
A3 A3 Ba2 Baa2 Ba2 Ba2 Ba2 Baa1 Ba2 Ba2 Caa1 Baa3 Ba2 Ba2 Ba2 Baa3 Caa1 Ba2 Baa1 A3 B1 A3 Baa1 Ba2 A3 Ba2 Aa3 Baa1 B1 Baa1 Baa2 Baa2 Aa3 Baa3 Ba2 Ba2 Baa3 Baa3 A3 Ba2 B3 Ba2 Baa3 A3 Baa2 A2 Ba2 Baa3 Ba1 A2 A2 A2 A2 A2 Baa3 Baa1 Baa1 A3 Baa3 A2 Ba1
P-2 P-1 NP P-2 NP NP NP P-2 NP NP NP P-3 NP NP NP P-3 NP NP P-2 P-2 NP P-2 P-2 NP P-2 NP P-1 P-2 NP P-2 P-2 P-2 P-1 P-3 NP NP P-3 P-3 P-2 NP NP NP P-3 P-1 P-2 P-1 NP P-3 NP P-1 P-1 P-1 P-1 P-1 P-3 P-2 P-2 P-2 P-3 P-1 NP

November 17, 2008
Issuer Domicile
[1]
LT Bank
Financial
[2] Short-Term
Flagstar Bank, FSB General Bank of Greece S.A. Gulf Investment Corporation Hellenic Bank Public Company Ltd Hiroshima Bank, Limited HSBC Bank Argentina S.A. Industrial Bank of Korea ING Bank Slaski S.A. ING Bank, S.A. (Mexico) Interbanca S.p.A Investcorp Bank B.S.C. Investcorp S.A. Jeonbuk Bank KASIKORNBANK Public Co. Ltd Landesbank Berlin AG Landesbank Saar Marfin Egnatia Bank SA Mauritius Commercial Bk. Ltd. MDM Bank Meliorbanca S.p.A. MPS Capital Services National Agricult. Coop. Feder. National Bank of Oman Limited National Bank of Ras-Al-Khaimah Ogaki Kyoritsu Bank, Ltd. Oman International Bank (SAOG) Oriental Bank of Commerce Punjab National Bank Raiffeisenbank (Bulgaria) EAD Resona Bank, Ltd. Sberbank Shinsei Bank, Limited Siam Commercial Bank Public Co. Stand. Charter. B (Thai) Pblc Co Standard Chart. 1st Bk Korea Ltd Suruga Bank, Ltd. Syndicate Bank T.C. Ziraat Bankasi Taishin International Bank Turk Ekonomi Bankasi AS Turkiye Is Bankasi AS Turkiye Sinai Kalkinma Bank. AS Turkiye Vakiflar Bankasi TAO UBS DEUTSCHLAND AG UniCredit Bank Slovakia a.s. Union Bank of India Union National Bank PJSC Unipol Banca S.p.A. United Gulf Bank B.S.C. Yapi ve Kredi Bankasi AS Zagrebacka banka d.d. ZAO Raiffeisenbank
United States Greece Kuwait Cyprus Japan Argentina Korea Poland Mexico Italy Bahrain - Off Shore Luxembourg Korea Thailand Germany Germany Greece Mauritius Russia Italy Italy Korea Oman United Arab Emirates Japan Oman India India Bulgaria Japan Russia Japan Thailand Thailand Korea Japan India Turkey Taiwan Turkey Turkey Turkey Turkey Germany Slovak Republic India United Arab Emirates Italy Bahrain - Off Shore Turkey Croatia Russia United Arab Emirates Cambodia Greece Oman Turkey Tunisia Vietnam Turkey
Ba1 A3 A3 Baa2 A3 Caa1 A2 A2 Baa1 A3 Baa3 Baa3 A3 Baa1 A1 Aa2 Baa1 Baa2 Ba1 Baa3 A1 A2 A3 Baa1 A3 A3 Ba2 Ba2 Baa3 A1 Baa1 A3 Baa1 Baa1 A2 A3 Ba2 B1 Baa1 B1 B1 B1 B1 A2 A2 Ba2 A1 Baa1 Baa3 B1 Ba1 Baa1 B3 Baa1 Baa1 B1 Baa2 B1 B1
NP P-1 P-1 P-2 P-2 NP P-1 P-1 P-2 P-2 P-3 P-3 P-1 P-2 P-1 P-1 P-2 P-2 NP P-3 P-1 P-1 P-2 P-2 P-2 P-2 NP NP P-3 P-1 P-2 P-2 P-2 P-2 P-1 P-2 NP NP P-2 NP NP NP NP P-1 P-1 NP P-1 P-2 P-3 NP NP P-2 NP P-2 P-2 NP P-2 NP NP
D
Abu Dhabi Islamic Bank ACLEDA Bank Plc Agricultural Bank of Greece SA Ahli Bank S.A.O.G. Anadolubank AS Arab Tunisian Bank Asia Commercial Bank Asya Katilim Bankasi A.S.

November 17, 2008
Issuer Domicile
[1]
LT Bank
Financial
[2] Short-Term
Banca Comerciala Romana S.A. Banco Bonsucesso S.A. Banco Ciudad de Buenos Aires Banco Credicoop Cooperativo Banco De Oro Unibank, Inc. Banco del Tucuman S.A. Banco Fibra S.A. Banco Hipotecario S.A. Banco Industrial S.A. Banco Interacciones, S.A. Banco Internacional Costa Rica Banco Itau Argentina S.A. Banco Itau Uruguay S.A. Banco Macro S.A. Banco Mercantil do Brasil S.A. Banco Mercantil Santa Cruz S.A. Banco PanAmericano S.A. Banco Patagonia S.A. Banco Pine S.A. Banco Privado Portugues S.A. Banco Ribeirao Preto S.A. (BRP) Banco santander, S.A. (Uruguay) Banco Solidario S.A. (Bolivia) Bancolombia S.A. Bank Danamon Indonesia TBK (PT) Bank Gospodarki Zywnosciowej SA Bank Internasional Indonesia PT Bank Millennium S.A. Bank of Attica S.A. Bank of Ayudhya Bank of Communications Bank of Tokyo-Mit. UFJ (MX) Bankpozitif Kredi Kalk Bk A.S. Banque Int'le Arabe de Tunisie Barclays Bank Mexico, S.A. BAWAG P.S.K. Boubyan Bank BRE Bank S.A. Calyon Bank Ukraine Ceskoslovenska obchodna banka Chang Hwa Commercial Bank China CITIC Bank Credit Uruguay Banco S.A. DeltaCredit Bank Deutsche Bank Mexico, S.A. Devel. Bank of the Philippines Dubai Bank EON Bank Berhad First Commercial Bank First Investment Bank AD Getin Bank SA Halyk Savings Bk of Kazakhstan Hang Seng Bank (China) Limited HSBC Bank (China) Company Hua Nan Commercial Bank Ltd. ICICI Bank UK Plc. ING Bank Eurasia ING Bank Ukraine JSB Rosbank JSCB Bank of Moscow Kansai Urban Banking Corporation Khan Bank LLC
Romania Brazil Argentina Argentina Philippines Argentina Brazil Argentina Guatemala Mexico Panama Argentina Uruguay Argentina Brazil Bolivia Brazil Argentina Brazil Portugal Brazil Uruguay Bolivia Colombia Indonesia Poland Indonesia Poland Greece Thailand China Mexico Turkey Tunisia Mexico Austria Kuwait Poland Ukraine Slovak Republic Taiwan China Uruguay Russia Mexico Philippines United Arab Emirates Malaysia Taiwan Bulgaria Poland Kazakhstan China China Taiwan United Kingdom Russia Ukraine Russia Russia Japan Mongolia
Baa3 Ba2 Caa1 Caa1 B1 Caa1 Ba2 Caa1 Ba3 Ba1 Ba1 Caa1 B2 Caa1 Ba2 Caa1 Ba2 Caa1 Ba2 Ba2 Ba2 B2 Caa1 Ba2 B1 A2 B1 A3 Ba1 Baa2 Baa1 B1 Baa2 Baa1 Baa1 Baa2 A2 B2 A2 A3 Baa2 B2 Baa1 Baa1 B1 Baa2 A3 Ba1 Ba2 Ba1 A1 A1 A3 Baa2 Baa1 B2 Baa3 Baa1 Aa2 B2
P-3 NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP P-1 NP P-2 NP P-2 P-2 NP P-2 P-2 P-2 P-2 P-1 NP P-1 P-1 P-2 NP P-2 P-2 NP P-3 P-1 NP NP NP P-1 P-1 P-1 P-2 P-2 NP P-3 P-2 P-1 NP

November 17, 2008
Issuer Domicile
[1]
LT Bank
Financial
[2] Short-Term
Kinki Osaka Bank, Ltd. (The) Korea Development Bank Kredyt Bank S.A. Land Bank of Taiwan MCB Bank Limited Metropolitan Bank & Trust Co. Minato Bank, Ltd (The) National Bank of Egypt SAE National Bank of Pakistan Nuevo Banco Bisel S.A. OTP Bank (Ukraine) Pan Indonesia Bank TBK (P.T.) Promsvyazbank PT Bank Lippo Tbk PT Bank Niaga Tbk Raiffeisen Bank Aval Raiffeisen Bank SA RHB Bank Berhad Russian Standard Bank Saitama Resona Bank, Ltd. Shanghai Pudong Dev. Bank Shoko Chukin Bank, Ltd. Siam City Bank Public Co. Ltd. Siauliu Bankas, AB Taiwan Cooperative Bank UkrSibbank Ukrsotsbank UOB (Thai) Public Company Ltd VTB Bank (Austria) AG VTB Bank (France) SA VTB Bank Europe plc XacBank LLC Zurich Bank
Japan Korea Poland Taiwan Pakistan Philippines Japan Egypt Pakistan Argentina Ukraine Indonesia Russia Indonesia Indonesia Ukraine Romania Malaysia Russia Japan China Japan Thailand Lithuania Taiwan Ukraine Ukraine Thailand Austria France United Kingdom Mongolia Ireland Lithuania Lithuania Russia Armenia Russia Malaysia Tunisia Armenia Armenia Armenia Kazakhstan Romania Italy Brazil Bolivia Argentina Argentina Argentina Venezuela Brazil Brazil Brazil Bolivia Argentina Uruguay Brazil Argentina
A1 A2 A2 Aa3 B3 B1 Aa2 Ba2 B3 Caa1 B2 B1 Ba2 B1 B1 B2 Baa3 A3 Ba2 A1 Ba1 Aaa Baa2 Ba2 A2 B2 B2 Baa1 Baa2 Baa2 Baa2 B2 A1 Ba3 Ba3 Baa3 Ba3 Ba2 Baa2 Baa2 Ba3 Ba3 Ba3 Ba1 Ba3 Ba1 Ba2 Caa1 Caa1 Caa1 Caa1 B3 Ba3 Ba3 Ba3 Caa1 Caa1 B1 Ba3 Caa1
P-1 P-1 P-1 P-1 NP NP P-1 NP NP NP NP NP NP NP NP NP P-3 P-1 NP P-1 NP P-1 P-3 NP P-1 NP NP P-2 P-2 P-2 P-2 NP P-1 NP NP P-3 NP NP P-3 P-2 NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP
DAB Bankas SNORAS AB Ukio Bankas Absolut Bank ACBA - Credit Agricole Ak Bars Bank AmBank (M) Berhad Amen Bank Anelik Bank CJSCo. Ardshininvestbank CJSC Armeconombank (Armenian EDBank) ATF Bank Banca Comerciala Carpatica Banca Italease S.p.A. Banco BGN S.A. Banco BISA S.A. Banco Cetelem Argentina S.A. Banco Comafi S.A. Banco de Santiago del Estero Banco de Vnzla, Grupo Santander Banco Ibi S.A. - Banco Multiplo Banco Industrial do Brasil S.A. Banco Modal S.A. Banco Nacional de Bolivia S.A. Banco Piano S.A. Banco Republica Orient. Uruguay Banco Schahin S.A. Banco Supervielle S.A.

November 17, 2008
Issuer Domicile
[1]
LT Bank
Financial
[2] Short-Term
Banif - Bnc. Inter. do Funchal Banif Banco de Inv (Brasil) SA Bank Audi Bank BPH SA Bank CenterCredit Bank Mandiri (P.T.) Bank Negara Indonesia TBK (P.T.) Bank of Alexandria SAE Bank of Beirut Bank of China Limited Bank of Georgia Bank Permata TBK (P.T.) Bank Saint-Petersburg OJSC Bank Societe Generale Vostok Bank Tabungan Negara (P.T.) Bank Uralsib Bank VTB North-West Bank VTB, JSC Banque du Caire SAE Banque Misr SAE BLOM BANK s.a.l. Bre Bank Hipoteczny BTA Bank Byblos Bank S.A.L. Cairo Amman Bank Caspian Bank Central Bank of India China Construction Bank Corp China Everbright Bank Corporate Commercial Bank AD Credit Europe Bank Ltd. E*TRADE Bank Eurobank Tekfen AS Gazprombank Ghana Commercial Bank Ltd Guangdong Development Bank Habib Bank Ltd. Home Credit & Finance Bank Hypo Alpe-Adria-Bank Int'l AG IDBI Bank Ltd Industrial&Commerc.Bank of China Istrobanka, a.s. Kazkommertsbank Kiyo Bank, Ltd. Krung Thai Bank Land Bank of the Philippines Latvijas Krajbanka A/S MBA Banco de Inversiones S.A. Mercantil, C.A., Banco Univ MKB Unionbank AD Mortgage and Land Bank of Latvia Nomos Bank Norvik Banka, JSC Nuevo Banco de La Rioja S.A. OTP Banka Slovensko, a.s. (OBS) Petrocommerce Bank Piraeus Bank Bulgaria AD Privatbank Rizal Commercial Bank Corp. Shenzhen Development Bank Co. Ltd Standard Bank Argentina S.A. Suhyup Bank
Brazil Brazil Lebanon Poland Kazakhstan Indonesia Indonesia Egypt Lebanon China Georgia Indonesia Russia Russia Indonesia Russia Russia Russia Egypt Egypt Lebanon Poland Kazakhstan Lebanon Jordan Kazakhstan India China China Bulgaria Russia United States Turkey Russia Ghana China Pakistan Russia Austria India China Slovak Republic Kazakhstan Japan Thailand Philippines Latvia Argentina Venezuela Bulgaria Latvia Russia Latvia Argentina Slovak Republic Russia Bulgaria Ukraine Philippines China Argentina Korea
Ba2 Ba2 B3 Baa2 Ba1 B1 B1 Ba2 B3 A1 B3 B1 Ba3 Baa2 B1 Ba3 Baa1 Baa1 Ba2 Ba2 B3 Baa1 Ba1 B3 Ba3 Ba3 Ba2 A1 Ba1 Ba3 Ba1 Ba3 B1 Baa1 B3 Ba2 B3 Ba3 A2 Ba2 A1 Ba1 Baa1 Baa1 B1 Ba2 Caa1 B3 Ba1 A3 Ba3 Ba3 Caa1 Baa1 Ba3 Baa3 B2 B1 Ba2 Caa1 A2
NP NP NP P-2 NP NP NP NP NP P-1 NP NP NP P-2 NP NP P-2 P-2 NP NP NP P-2 NP NP NP NP NP P-1 NP NP NP NP NP P-2 NP NP NP NP P-1 NP P-1 NP P-2 P-2 NP NP NP NP NP P-2 NP NP NP P-2 NP P-3 NP NP NP NP P-1

November 17, 2008
Issuer Domicile
[1]
LT Bank
Financial
[2] Short-Term
TBC Bank Techcombank TMB Bank Public Company Ltd Trade & Dvlpmt Bank of Mongolia TransCreditBank Ukreximbank United Bank Ltd. URSA Bank Vietnam International Bank Vozrozhdenie Bank VTB24 Zenit Bank
Georgia Vietnam Thailand Mongolia Russia Ukraine Pakistan Russia Vietnam Russia Russia Russia Ukraine Russia Russia Ukraine Kazakhstan Russia Kazakhstan Philippines Uzbekistan Estonia Latvia Russia Russia Mexico Brazil Argentina Argentina Bolivia Brazil Mexico Brazil Brazil Mexico Ukraine Ukraine Vietnam Belarus Ukraine Russia Azerbaijan Russia Belarus Belarus Belarus Belarus Russia Russia Russia Russia Bulgaria Russia Russia Ukraine Uzbekistan Kazakhstan Ukraine Kazakhstan Russia
B3 B1 Baa2 B2 Ba1 B2 B3 Ba3 B1 Ba3 Baa1 Ba3 B3 B3 B3 B2 Ba3 B3 Ba2 B1 B3 B1 B1 B3 B2 B1 B2 Caa1 Caa1 Caa1 B3 B2 B1 B1 Ba3 B3 B2 B1 B2 B2 B2 B1 B3 B2 B2 B2 B2 B1 B1 B3 B1 B2 B2 B1 B3 B3 B3 B2 B1 B3
NP NP P-2 NP NP NP NP NP NP NP P-2 NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP
E+
Active-Bank Agroimpuls JSCB Akibank Alfa Bank Ukraine Alfa-Bank Kazakhstan Aljba Alliance Commercial Bank Alliance Bank Allied Banking Corporation Alokabank Joint-Stock Comm Bank Balti Investeer Grupi Pank AS Baltic International Bank Baltinvestbank Baltiyskiy Bank Banco Autofin Mexico, S.A. Banco BVA S.A. Banco Columbia S.A. Banco Finansur S.A. Banco Ganadero S.A. Banco GMAC S.A. Banco Multiva, S.A. Banco Paulista S.A. Banco Prosper S.A. BanCoppel, S.A. Bank Evropeyskiy Bank Finance and Credit, OJSC Bank for Inv. & Dev. of Vietnam Bank Moscow-Minsk Bank Nadra Bank SOYUZ, JSCB Bank Standard Bank Uralsky Financial House Belagroprombank JSC Belarusbank JSSB Belinvestbank Belpromstroibank BTA Bank (Russia) Center-Invest Bank CentroCredit Bank Comm. Bk "Renaissance Cap", LLC Commercial Bank Investbank AD Commercial Bk Agropromcredit Credit Bank of Moscow Credit Dnepr Bank Credit-Standard Bank Delta Bank JSC DonGorBank, CJCS Eurasian Bank European Trust Bank

November 17, 2008
Issuer Domicile
[1]
LT Bank
Financial
[2] Short-Term
Evrofinance Mosnarbank Eximbank Kazakhstan Expobank Express-Bank Far Eastern Bank First Czech Russian Bank First Republic Bank JSC First Ukrainian Int'l Bk, CJSC First United Bank Fondo Financiero Privado Fassil Forum Bank Fundservicebank Gallabank Gazbank JSCB Gazenergoprombank Government Housing Bank,Thailand House Constr. Sav. Bank of KZ Imexbank JSCB Index-Bank Industrialbank, JSCB Int'l Bank of Azerbaijan International Asset Bank AD International Industrial Bank International Investment Bank Interprombank, JSCB Investment Trade Bank Ipoteka Bank J & T Banka, a. s. JS Commerrcial Bank Respublika JSC Nurbank Kapital Bank OJSC Kazinvestbank Kedr Bank Khreschatyk Bank Kreditprombank Locko-bank Metallinvestbank JSCB Metkombank Moscow Bank for Reconstr.&Devel Moscow Mortgage Agency My Bank National Bank of Uzbekistan National Bank TRUST National Factoring Company National Reserve Bank National Standard Bank Natsionalny Kosmichesky Bank OAO NBD Bank Northern Rock plc Nuevo Banco Industrial de Azul Parex Bank Petersburg Social Comm Bank Philippine National Bank Pivdennyi Bank, JSCB Pravex-Bank PrivatBank AS Privatbanka a.s. Promtorgbank Prudential Bank, S.A. PSA Finance Argentina Comp.Fin. Rodovid Bank Rosdorbank
Russia Kazakhstan Russia Ukraine Russia Russia Russia Ukraine Russia Bolivia Ukraine Russia Uzbekistan Russia Russia Thailand Kazakhstan Ukraine Ukraine Ukraine Azerbaijan Bulgaria Russia Russia Russia Russia Uzbekistan Czech Republic Azerbaijan Kazakhstan Azerbaijan Kazakhstan Russia Ukraine Ukraine Russia Russia Russia Russia Russia Russia Uzbekistan Russia Russia Russia Russia Russia Russia United Kingdom Argentina Latvia Russia Philippines Ukraine Ukraine Latvia Slovak Republic Russia Mexico Argentina Ukraine Russia
Ba3 B3 B3 B3 Ba3 B3 B3 B2 B3 Caa1 B2 B2 B3 B2 Ba3 Baa1 Baa2 B3 B2 B3 Ba2 B1 B1 B3 B3 B2 B3 B2 B2 B1 B1 B2 B2 B2 B2 B2 B2 B3 B1 Ba2 B3 B3 B1 B2 B2 B3 B2 A2 Caa1 Ba1 B3 B1 B2 B2 B1 B2 B3 Ba2 Caa1 B3 B3
NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP P-2 P-2 NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP P-1 NP NP NP NP NP NP NP NP NP NP NP NP NP

November 17, 2008
Issuer Domicile
[1]
LT Bank
Financial
[2] Short-Term
Rosevrobank Rosprombank Rusfinance Bank Russ-Bank, OJSC Russian Agricultural Bank Russian Bank for Development Russian International Bank Russian Regional Develop. Bank Russlavbank Savings Bank of Ukraine SB Sberbank JSC SKB-Bank SMP Bank Sobinbank Societe Tunisienne de Banque Solidarnost Sovcombank Stroykredit Bank Subsidiary Bank Sber of Russia Sudostroitelny Bank Swedbank Invest Swedbank OJSC Tatfondbank Technikabank Temirbank Toyota Comp. Financ.de Argentina TranscapitalBank JSC Bank Trasta Komercbanka TRUST Investment Bank Tsesna Bank Turon Joint-Stock Comm Bank Ukrgasbank Ukrgazprombank Ukrprombank Uniastrum Bank UniBank Commercial Bank Ural Bank for Reconstr. & Dev-t VAB Bank Vnesheconombank Vneshprombank Vostochny Express Bank WestLB AG WestLB Covered Bond Bank
Russia Russia Russia Russia Russia Russia Russia Russia Russia Ukraine Kazakhstan Russia Russia Russia Tunisia Russia Russia Russia Ukraine Russia Ukraine Ukraine Russia Azerbaijan Kazakhstan Argentina Russia Latvia Russia Kazakhstan Uzbekistan Ukraine Ukraine Ukraine Russia Azerbaijan Russia Ukraine Russia Russia Russia Germany Ireland China Kyrgyzstan Russia Uruguay Russia United States Russia Iceland Russia Germany Iceland Russia Iceland Russia Ukraine Russia Ireland
B1 B3 Baa2 B2 Baa1 Baa2 B3 Ba1 B3 B2 Ba2 B2 B3 B3 Baa2 B3 B3 B3 B2 B3 B2 B2 B2 B2 Ba3 Caa1 B1 B2 B1 B1 B3 B2 B3 B2 B2 B2 B3 B2 Baa1 B3 B3 A2 A2 A1 Caa2 Caa1 B1 Caa2 B3 Caa1 Caa1 Caa1 Baa3 Caa1 Caa2 Caa1 Caa2 Caa2 Caa1 Aa1
NP NP P-2 NP P-2 P-2 NP NP NP NP NP NP NP NP P-2 NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP NP P-2 NP NP P-1 P-1 P-1 NP NP NP NP NP NP NP NP P-3 NP NP NP NP NP NP P-1
E
Agricultural Bank of China AsiaUniversalBank JSC Avtovazbank Banco Hipotecario del Uruguay Bank Severnaya Kazna Downey Savings & Loan Assn. Gazinvestbank Glitnir banki hf Guta Bank IKB Deutsche Industriebank AG Kaupthing Bank hf KIT Finance Investment Bank Landsbanki Islands hf Moscow Capital Bank Prominvestbank Rossiyskiy Kredit Bank Sachsen LB Europe PLC

November 17, 2008
Issuer Domicile
[1]
LT Bank
Financial
[2] Short-Term
Sviaz-Bank TumenEnergoBank United Coconut Planters Bank
Russia Russia Philippines
Caa2 Caa2 B1
NP NP NP
Bank Preferred Stock Ratings

November 17, 2008
Preferred Stock Preferred Stock
Abanka Vipa d.d. ABN AMRO Holding N.V. ABN AMRO Cap Funding LLC VII ABN AMRO Cap Funding LLC VIII ABN AMRO Cap Funding Tr VIII ABN AMRO Cap Funding Trust IX ABN AMRO Capital Fndg Trust III ABN AMRO Capital Funding LLC V ABN AMRO Capital Funding LLC VI ABN AMRO Capital Funding LLC IX ABN AMRO Capital Funding Tr V ABN AMRO Capital Funding Tr VI ABN AMRO Capital Funding Tr VII Advanta Corp. Advanta Capital L.L.C. Advanta Capital Trust I Alliance & Leicester plc Allianz SE Dresdner Funding Trust I Dresdner Funding Trust II Dresdner Funding Trust III Dresdner Funding Trust IV HT 1 Funding Trust GbmH Allied Irish Banks, p.l.c. AIB UK 1 LP AIB UK 2 LP AIB UK 3 LP Alpha Bank AE Alpha Group Jersey Limited AmBank Group AMBB Capital (L) Ltd Anglo Irish Bank Corp. Plc Anglo Irish Asset Finance PLC Anglo Irish Capital UK (2) LP Anglo Irish Capital UK (3) LP Associated Banc-Corp ASBC Capital I ASBC Capital II ASBC Capital III Australia and NZ Banking Group ANZ Banking Group Ltd, NY Br. ANZ Capital Trust I ANZ Capital Trust II ANZ Capital Trust III Axis Bank Ltd Axis Bank Ltd, Singapore Branch Banca Italease S.p.A. Banca Italease Capital Trust Banca Monte dei Paschi di Siena MPS Capital Trust I Banca Popolare di Milano BPM Capital Trust I Banco Bilbao Viz. Argentar. S.A. BBVA Capital Finance, S.A BBVA Capital Funding Limited BBVA International Limited BBVA Internatl Pref Unipersonal Compass Bancshares, Inc. Banco Comercial Portugues, S.A. BCP Finance Company BCP International Bank Ltd. Banco De Valencia S.A. BVA Preferentes, S.A. Banco Pastor, S.A.
Baa3 (P)A1 (P)A1 (P)A1 (P)A1 A1 (P)A1 (P)A1 (P)A1 A1 A1 A1 (P)B3 (P)B2 B2 A2 A2 A2 A2 A2 (P)A2 A1 A1 A1 A1 A3 Ba2 A3 A3 A3 A3 (P)Baa1 A3 (P)A3 (P)A3 Aa3 Aa3 Aa3 Aa3 Aa3 Baa2 B1 A2 A3 A3 Aa3 Aa3 Aa3 Aa3 (P)A3 A2 A2 (P)A2 Baa2
Pastor Particip. Preferen., S.A. Banco Popolare Soc Cooperativa Banca Popolare di Lodi InvTrtIII Banco Popular Espanol, S.A. Popular Capital, S.A. Popular Preference (Cayman) Ltd. Banco Sabadell, S.A. Banco Santander S.A. (Spain) Abbey National Capital LP I Abbey National Capital LP II Abbey National Capital Trust I Abbey National Capital Trust II Banco Espanol de Credito S.A. Banesto Holdings, Ltd. Banesto Preferentes, S.A. BCH Capital Limited BSCH Finance Limited Santander Finance Capital, SA Santander Finance Preferred SA Santander Overseas Bank, Inc. Totta & Acores Financing Ltd. BancorpSouth, Inc. BancorpSouth Capital Trust I Banif SGPS SA Banif Finance, Limited Bank of America Corporation ABN AMRO N. America Cap Fdg Trt ABN AMRO N. America Holding Co. ABN AMRO N.A. Cap. Fdg. Trt. II ABN AMRO N.A. Hldg Cap Fdg LLC I ABN AMRO N.A. Hldg Cap Fdg LLC X ABN AMRO N.A. Hldg Cap Fdg VIII ABN AMRO N.A. Hldg Cap Fdg IX ABN AMRO N.A. Hldg Cap Fdg XI ABN AMRO N.A. Hldg Cap Fdg XII ABN AMRO N.A. Hldg Cap Fdg XIII ABN AMRO N.A. Hldg Cap Fdg XIV ABN AMRO NA Hdg Cp Fdg LLC XVIII ABN AMRO NA Hldg Cap Fdg LLC III ABN AMRO NA Hldg Cap Fdg LLC IV ABN AMRO NA Hldg Cap Fdg LLC V ABN AMRO NA Hldg Cap Fdg LLC VI ABN AMRO NA Hldg Cap Fdg LLC VII ABN AMRO NA Hldg Cap Fdg LLC XV ABN AMRO NA Hldg Cap Fdg LLC XVI ABN AMRO NA Hldg Cap Fdg LLC XIX ABN AMRO NA Hldg Cap. Fdg LLC II BAC Capital Trust I BAC Capital Trust II BAC Capital Trust III BAC Capital Trust IV BAC Capital Trust V BAC Capital Trust VI BAC Capital Trust VII BAC Capital Trust VIII BAC Capital Trust IX BAC Capital Trust X BAC Capital Trust XI BAC Capital Trust XII BAC Capital Trust XIII BAC Capital Trust XIV BAC Capital Trust XV BAC Capital Trust XVI BAC Capital Trust XVII
Baa1 Baa1 Baa1 Aa3 Aa3 A2 A2 (P)A2 A2 (P)A2 A1 A1 A1 Aa3 Aa3 Aa3 Aa3 Aa3 A2 Baa1 Baa1 A1 A1 A1 A1 A1 A1 A1 A1 A1 A1 A1 A1 A1 A1 A1 A1 A1 A1 A1 A1 A1 A1 Aa3 Aa3 Aa3 Aa3 Aa3 (P)Aa3 Aa3 Aa3 (P)Aa3 Aa3 Aa3 Aa3 A1 A1 Aa3 (P)Aa3 (P)Aa3

November 17, 2008
BAC Capital Trust XVIII BAC Capital Trust XIX BAC Capital Trust XX Banc of America Pfd. Fndg. Corp. BankAmerica Capital I BankAmerica Capital II BankAmerica Capital III BankAmerica Inst. Capital A BankAmerica Institut'l Cap. B BankBoston Capital Trust III BankBoston Capital Trust IV BankBoston Corporation Barnett Banks, Inc. Barnett Capital Trust III Fleet Capital Trust II Fleet Capital Trust V Fleet Capital Trust VII Fleet Capital Trust VIII Fleet Capital Trust IX FleetBoston Financial Corp. LaSalle Bank Corporation LaSalle National Corporation MBNA Capital A MBNA Capital B MBNA Capital C MBNA Capital D MBNA Capital E MBNA Capital F MBNA Capital G MBNA Corporation NB Capital Trust I NB Capital Trust II NB Capital Trust III NB Capital Trust IV NB Capital Trust V Shawmut National Corporation Summit Bancorp Bank of Hawaii Corporation Bancorp Hawaii Capital Tr. I Bank of India Bank of India, Jersey Branch Bank of Ireland Bank of Ireland UK Holdings Plc BOI Capital Funding I, LP BOI Capital Funding II, LP BOI Capital Funding III, LP BOI Capital Funding IV, LP Bank of Montreal Bank of New York Mellon Corp. BNY Capital I BNY Capital III BNY Capital IV BNY Capital V BNY Capital VI BNY Capital VII BNY Capital VIII BNY Capital IX BNY Capital X BNY Institut'nl Cap. Trust A Mellon Capital III Mellon Capital IV Mellon Capital V Bank of Nova Scotia Scotiabank Capital Trust
(P)Aa3 (P)Aa3 (P)Aa3 Aa2 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 A1 A1 Aa3 Aa3 Aa3 (P)Aa3 Aa3 Aa3 A1 A1 A1 Aa3 Aa3 (P)Aa3 Aa3 Aa3 (P)Aa3 (P)Aa3 (P)A1 Aa3 Aa3 Aa3 Aa3 (P)Aa3 A1 A1 A2 Baa3 Baa3 A1 A1 A1 A1 A1 A1 Aa3 A1 (P)Aa3 (P)Aa3 Aa3 Aa3 (P)Aa3 (P)Aa3 (P)Aa3 (P)Aa3 (P)Aa3 Aa3 Aa3 Aa3 (P)Aa3 Aa3 Aa3
Bank of Queensland Limited Bankinter, S.A. Bankinter Emisiones,SA Uniperson Barclays Plc Barclays Bank PLC BAWAG P.S.K. BAWAG Cap. Finance (Jersey) III BAWAG Capital Fin (Jersey) Ltd BAWAG Capital Fin (Jersey)II Ltd Bayerische Landesbank BayernLB Capital Trust I Hypo Alpe-Adria (Jersey) Ltd. Hypo Alpe-Adria (Jersey) II Ltd BB&T Corporation BB&T Capital Trust I BB&T Capital Trust II BB&T Capital Trust III BB&T Capital Trust IV BB&T Capital Trust V BBVA Preferred Capital Limited BBVA Priv. Int'l (Gibraltar) Ltd BNP Paribas BANCWEST CAPITAL I BNP Paribas Capital Trust I BNP PARIBAS Capital Trust III BNP Paribas Capital Trust IV BNP Paribas Capital Trust VI Cofinoga Funding One L.P. Cofinoga Funding Two L.P. First Hawaiian Capital I Caisse Fed Cred Mt Cntr Est Euro Banque Fed. du Credit Mutuel Caixa Catalunya Caixa Catalunya Prf. Issnce. Ltd Caixa Galicia Caixa Galicia Preferentes, S.A. Caixa Geral de Depositos, S.A. Caixa Geral Finance Limited Caja Ahorros Monte Piedad Madrid Caja Madrid Finance Preferred Caja Ahorros Valencia, Bancaja Bancaja Capital, SA Unipersonal Caja Cantabria Cantabria Preferentes, S.A. Caja Duero Caja Duero Capital, S.A. Caja Espana de Inversiones Caja Esp.de Inv.Soc.de Part.Pref Canadian Imperial Bank Commerce Capital One Financial Corp. North Fork Capital Trust II Citigroup Inc. Citicorp Citicorp Capital I Citigroup Capital I Citigroup Capital XIII Citigroup Capital XIV Citigroup Capital XV Citigroup Capital XVI Citigroup Capital XVII Citigroup Capital XVIII Citigroup Capital XIX Citigroup Capital XX Citigroup Capital XXI
Baa1 A2 Aa3 Ba1 Ba1 Ba1 A1 Baa2 Baa2 (P)A2 A1 A1 (P)A1 A1 A1 Aa3 Aa3 Aa3 A3 Aa3 Aa3 Aa3 Aa3 A2 A2 A3 A2 Baa1 Baa1 Aa3 A2 Baa1 Baa1 Baa1 Baa1 Baa2 A1 (P)Baa2 Baa1 A2 A2 (P)A1 A1 (P)A1 A1 A1 A1 A1 A1 A1 A1 A1

November 17, 2008
Citizens Republic Bancorp, Inc. Citizens Funding Trust I Colonial BancGroup, Inc. (The) CBG Florida REIT Corp. Colonial Capital Trust IV Comerica Incorporated Comerica Capital Trust I Comerica Capital Trust II Commerce Asset-Hldg Berhad CIMB Bank Berhad SBB Capital Corporation Commerzbank AG Commerzbank Cap. Fund Trst III Commerzbank Cap. Fund. Trust II Commerzbank Cap. Funding Trust I Commonwealth Bank of Australia ASB Capital Limited CBA Capital Trust I CBA Capital Trust II PERLS II Trust Preferred Capital Limited Credit Logement Credit Suisse Group Credit Suisse Credit Suisse (Guernsey Branch) Credit Suisse Gr Cap (DE) LLC II Credit Suisse Gr Cap (DE) LLCIII Credit Suisse Gr Cap (DE) Tr III Credit Suisse Group Cap X Ltd. Credit Suisse Group Capital I Credit Suisse Group Capital VII Credit Suisse Grp Cap (DE) LLCI Credit Suisse Grp Cap (DE) Tr I Credit Suisse Grp Cap (DE) Tr II Credit Suisse Grp Cap VIII Ltd. Credit Suisse Grp Cap IX Ltd. Credit Suisse Grp. Capital II Credit Suisse Grp. Capital III Credit Suisse Grp. Capital IV CS Group Capital (Guernsey)V Ltd CSFB Capital (Guernsey) I Ltd. Cullen/Frost Bankers, Inc. Cullen/Frost Capital Trust II Danske Bank A/S Sampo Bank plc DBS Bank Ltd. DBS Capital Funding Corporation DBS Capital Funding II Corp Deutsche Apotheker-und Aerztebk. Capital Issuing GmBH Deutsche Bank AG BT Preferred Capital Trust I BT Preferred Capital Trust III BT Preferred Capital Trust IV Deutsche Bank Cap Fnd Trust X Deutsche Bank Cap.Fund.Trust IV Deutsche Bank Cap.Fund.Trust VI Deutsche Bank Cap.Fund.Trust VII Deutsche Bank Capital Funding Deutsche Bank Capital Trust III Deutsche Bank Capital Trust V Deutsche Bank Trust Corporation Deutsche Bank Cap. Fndg. Tr. IX Deutsche Bank Capital Trust II
Baa1 Ba1 Baa3 Baa1 (P)A3 A3 Baa3 Baa3 A2 A2 A2 Aa3 A1 Aa3 Aa3 Aa3 Aa3 A1 Aa3 Aa3 (P)A1 (P)A1 (P)A1 (P)A1 Aa3 A1 (P)A1 (P)A1 (P)A1 (P)A1 (P)A1 A1 A1 A1 A1 Aa3 A2 Aa3 Aa3 Aa3 Aa3 Baa1 A2 (P)A2 (P)A2 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 A3 Aa3 Aa3
Deutsche Bank Con Cap Tr III Deutsche Bank Con Cap Trust V Deutsche Bk Cap. Fndg. Tr. VIII Deutsche Post AG Deutsche Postbank Fund Trt IV Deutsche Postbank Fund. Trust I Deutsche Postbank Fund. Trust II Deutsche Postbank Fund.Trust III Dexia Group (The) Dexia Banque Int'l a Luxembourg Dexia Credit Local Dexia Funding Luxembourg S.A. DLR Kredit A/S DNB NOR Bank ASA Den norske Bank ASA Dynegy Inc. NGC Corp Capital Trust I DZ BANK AG Deutsche Zentral-Gen. DZ BANK Capital Fund. Trust III DZ BANK Capital Funding Trust I DZ BANK Capital Funding Trust II EBS Building Society EBS Capital No. 1 S.A. EFG Eurobank Ergasisa S.A. EFG Hellas Funding Limited Eksportfinans ASA Erste Group Bank AG Erste Finance (Jersey) (2) Ltd Erste Finance (Jersey) (4) Ltd Erste Finance (Jersey) (5) Ltd Erste Finance (Jersey) (6) Ltd Espirito Santo Financial Group BES Finance Ltd. ESFG International Limited ESFG Overseas Limited Eurohypo AG Eurohypo Cap. Funding Trust II Eurohypo Capital Funding Tst I Extecapital Ltd. Fifth Third Bancorp CNB Capital Trust I Fifth Third Capital Trust II Fifth Third Capital Trust IV Fifth Third Capital Trust V Fifth Third Capital Trust VI Fifth Third Capital Trust VII Financiere SYZ & Co. S.A. Banque SYZ & Co. S.A. First Citizens BancShares, Inc. FCB/NC Capital Trust I FCB/NC Capital Trust II First Horizon National Corp. First Tenn. R.E. Sec. Co., Inc. First Tennessee Bank, N.A. First Tennessee Capital I First Tennessee Capital II First Tennessee Capital III First Tennessee Capital IV First Midwest Bancorp, Inc. First Midwest Capital Trust I FORTIS (Group) Fortis Bank S.A./N.V. Fortis Capital Company Limited Fortis Hybrid Financing
Aa3 Aa3 Aa3 A1 A1 A1 A1 A2 A2 A2 A3 Aa3 Aa3 B3 A2 A2 A2 Baa1 A2 Aa2 A2 A2 A2 A2 A2 A3 A3 A3 A3 Aa3 A3 A2 (P)A2 A2 A2 A2 A2 Baa2 A3 A3 Baa2 Baa2 Baa2 Baa2 (P)Baa2 (P)Baa2 (P)Baa2 Baa1 A3 A3 Ba1

November 17, 2008
Friesland Bank N.V. Fulton Financial Corporation Fulton Capital Trust I Fulton Capital Trust II Fulton Capital Trust III Fulton Capital Trust IV Glitnir banki hf Groupe Caisse D'Epargne CNCE Groupe Credit Agricole CL Capital Trust I Credit Agricole S.A. Credit Lyonnais Capital S.C.A. Indosuez Holdings S.C.A. HBOS CAPITAL FUNDING NO. 3 L.P. HBOS plc Bank of Scotland Capital Funding Bank of Scotland plc HBOS Capital Funding No. 1 L.P. HBOS Capital Funding No. 4 L.P. HBOS Group Euro Finance L.P. HBOS Group Sterling Fin. LP HSBC Holdings plc HSBC Americas Capital Trust I HSBC Bank Cap.Fund.(Sterling 2) HSBC Bank plc HSBC Bk Cap Fund (Sterling1)LP HSBC Capital Fund. (Euro 3) LP HSBC Capital Fund. (Sterling1) HSBC Capital Funding (Dollar1)LP HSBC Capital Funding (Dollar2)LP HSBC Capital Funding (Euro 1) LP HSBC CAPITAL FUNDING (EURO 2) HSBC USA Capital Trust V HSBC USA Capital Trust VI HSBC USA Inc. Republic New York Capital I Republic New York Corporation HSH Nordbank AG HSH N Funding I RESPARCS Fund.II Ltd Partnership Huntington Bancshares Inc. Huntington Bancshs Cap Trt I Huntington Capital II Huntington Capital III Huntington Capital IV Huntington Capital V Huntington Capital VI Huntington Pfd. Capital, Inc. Sky Financial Capital Trust I Hypo Real Estate Holding AG Depfa Funding III LP DEPFA FUNDING IV LP Ibercaja ICICI Bank Limited ICICI Bank, Bahrain Branch IKB Deutsche Industriebank AG Capital Raising GMBH IKB Funding Trust I IKB Funding Trust II Intesa Sanpaolo Spa Sanpaolo IMI Capital Trust I Investec Holdings Ltd Investec Tier 1 (UK) LP
Baa1 (P)Baa1 A3 (P)A3 (P)A3 (P)A3 C A2 Aa3 Aa3 Aa3 Aa3 A1 A1 Aa3 Aa3 A1 A1 A1 A1 A1 A1 Aa3 Aa3 A1 A1 A1 A1 A1 A1 A1 (P)A1 (P)A1 A2 A1 A2 A1 A1 Baa2 Baa1 Baa1 Baa1 (P)Baa1 (P)Baa1 (P)Baa1 Baa1 Baa1 Ba3 Ba3 A3 Baa2 Caa3 Caa3 Caa3 A1 A1 Ba1
JPMorgan Chase & Co. BANK ONE Capital III BANK ONE Capital V BANK ONE Capital VI BANK ONE Capital VII BANK ONE Capital VIII BANK ONE Capital IX BANK ONE Capital X BANK ONE CORPORATION Chase Capital II Chase Capital III Chase Capital VI Chase Capital IX Chase Manhattan Corporation (OLD) First Chicago NBD Capital I First Chicago NBD Corporation First Commerce Corp. J.P. Morgan & Co. Incorporated J.P. Morgan Chase Capital X J.P. Morgan Chase Capital XI J.P. Morgan Chase Capital XII J.P. Morgan Chase Capital XIII J.P. Morgan Chase Capital XIV J.P. Morgan Chase Capital XV J.P. Morgan Chase Capital XVI J.P. Morgan Chase Capital XVII J.P. Morgan Chase Capital XVIII J.P. Morgan Chase Capital XIX J.P. Morgan Chase Capital XX J.P. Morgan Chase Capital XXI J.P. Morgan Chase Capital XXII J.P. Morgan Chase Capital XXIII J.P. Morgan Chase Capital XXIV JP Morgan Index Funding Co. I JP Morgan Indx. Fndg. Co. LLC JPM Capital Trust I JPM Capital Trust III JPM Capital Trust IV JPMorgan Chase Capital XXV JPMorgan Chase Capital XXVI JPMorgan Chase Capital XXVII JPMorgan Chase Capital XXVIII JPMorgan Chase Capital XXIX JPMorgan Chase Capital XXX JPMorgan Chase Capital XXXI JPMorgan Chase Capital XXXII Julius Baer Holding AG Kaupthing Bank hf KBC Group NV KBC Bank Funding Trust II KBC Bank Funding Trust III KBC Bank Funding Trust IV KeyCorp KeyCorp (Old) KeyCorp Capital I KeyCorp Capital II KeyCorp Capital III KeyCorp Capital V KeyCorp Capital VI KeyCorp Capital VII KeyCorp Capital VIII Keycorp Capital IX KeyCorp Capital X KeyCorp Institutional Capital C
A1 Aa3 (P)Aa3 Aa3 (P)Aa3 (P)Aa3 (P)Aa3 (P)Aa3 A1 Aa3 Aa3 Aa3 (P)Aa3 A1 Aa3 A1 A1 A1 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 (P)Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 (P)Aa3 (P)Aa3 (P)Aa3 Aa3 (P)A1 (P)A1 (P)A1 (P)A1 (P)A1 (P)A1 (P)A1 A3 C A1 A1 A1 Baa1 Baa1 A3 A3 A3 A3 A3 A3 A3 A3 A3 A3

November 17, 2008
Krung Thai Bank Krung Thai Bank, Singapore Br. La Caixa Caixa Preference Limited Landesbk Hessen-Thueringen GZ Main Capital Fund. Ltd Part. Main Capital Fund. II Ltd Part. Landsbanki Islands hf Lloyds TSB Group plc Lloyds TSB Bank Plc Lloyds TSB Capital 1 L.P. Lloyds TSB Capital 2 L.P. M&T Bank Corporation Allfirst Preferred Asset Trust Allfirst Preferred Capital Tr First Maryland Capital I First Maryland Capital II M&T Capital Trust I M&T Capital Trust II M&T Capital Trust III M&T Capital Trust IV M&T Capital Trust V M&T Capital Trust VI Macquarie Group Limited Macquarie Capital Funding L.P. Macquarie CPS Trust Macquarie Finance Limited Marshall & Ilsley Corporation M&I Capital Trust C M&I Capital Trust D M&I Captial Trust E M&I LLC M&I Marshall & Ilsley Inv.II Co. Mellon Financial Corporation Metropolitan Bank & Trust Co. Mitsubishi UFJ Finan. Grp, Inc. MUFG Capital Finance 1 Limited MUFG Capital Finance 2 Limited MUFG Capital Finance 3 Limited MUFG Capital Finance 4 Limited MUFG Capital Finance 5 Limited MUFG Capital Finance 6 Limited MUFG Capital Finance 7 Limited Union Bank of California, N.A. Mizuho Financial Group, Inc. Mizuho Capital Inv. (EUR) 1 Ltd. Mizuho Capital Inv. (USD) 1 Ltd. National Australia Bank Ltd. National Australia Bk, NY Br. National Cap Ins [Euro] LLC2 National Capital Trust I National Capital Trust II National Capital Trust III National Bank of Canada NBC Asset Trust NBC Capital Trust National Bank of Greece S.A. National Bank of Greece Funding National City Corporation National City Capital Trust I National City Capital Trust II National City Capital Trust III National City Capital Trust IV National City Pfd Capital Tr II
Baa3 Aa3 A1 A1 C Aa3 Aa2 Aa2 Aa2 (P)Baa1 A3 A3 A3 A3 A3 A3 A3 A3 (P)A3 (P)A3 A3 Baa1 A3 (P)A2 (P)A2 (P)A2 (P)A3 A2 A1 Ba3 A2 A2 A2 A2 A2 A2 A2 A2 A2 A2 Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 A1 A1 A1 A2 A2 Baa2 Baa1 Baa1 Baa1 Baa1 (P)Baa2
National City Pfd Capital Tr III National City Preferred Cap Tr I PFGI Capital Corporation Provident Capital Trust I Provident Capital Trust III Nationwide Building Society Natixis NBP Capital Trust I NBP Capital Trust III NBP Preferred Capital I, L.L.C. NBP Preferred Capital III, LLC New York Community Bancorp, Inc Haven Capital Trust II NIBC Bank N.V. Nordea Bank AB Nordea Bank Sweden AB (publ) Northern Rock plc Northern Trust Corporation NTC Capital I NTC Capital II NTC Capital III Oesterreichische Volksbanken AG Investkredit Funding Ltd Investkredit Funding II Limited Kommunalkredit Capital I Ltd OEVAG Finance (Jersey) Limited Old National Bancorp ONB Capital Trust II ONB Capital Trust III ONB Capital Trust IV ONB Capital Trust V ONB Capital Trust VI OP-Pohjola Group Pohjola Bank plc Oversea-Chinese Banking Corp Ltd OCBC Capital Corporation OCBC Capital Corporation (2008) Piraeus Bank S.A. Piraeus Group Capital Limited PNC Financial Services Grp., Inc PNC Capital Trust C PNC Capital Trust D PNC Capital Trust E PNC Capital Trust F PNC Capital Trust G PNC Capital Trust H PNC Inst. Cap. Trust A PNC Preferred Funding Trust I PNC Preferred Funding Trust II PNC Preferred Funding Trust III Popular, Inc. BanPonce Trust I Popular Capital Trust I Popular Capital Trust II Popular Capital Trust III Popular Capital Trust IV Popular Int'l. Bank, Inc. Popular North America Cap Tr I Popular North America Cap Tr III Popular North America Cap Tr IV Popular North America, Inc. Public Bank Berhad Rabobank Nederland Rabobank Cap Funding Trust II
(P)Baa2 Baa2 Baa2 Baa1 (P)Baa1 A1 A2 A2 A2 A2 A2 Baa1 Baa3 Aa3 Aa3 B3 (P)A3 A2 A2 (P)A2 A3 A3 A3 A2 A2 (P)Baa1 A3 (P)A3 (P)A3 (P)A3 (P)A3 Aa3 Aa3 Aa3 Aa3 A3 A3 A2 A2 A2 (P)A2 (P)A2 (P)A2 A2 A2 A3 A3 Baa2 Baa1 Baa1 Baa1 (P)Baa1 (P)Baa1 (P)Baa2 Baa1 (P)Baa1 (P)Baa1 (P)Baa2 A3 Aa2 Aa2

November 17, 2008
Rabobank Capital Funding Tr IV Rabobank Capital Funding Tr V Rabobank Capital Funding Tr VI Rabobank Capital Funding Trt III Raiffeisen Zentralbank Oest. RZB Finance (Jersey) II Ltd RZB Finance (Jersey) III Limited RZB Finance (Jersey) IV Limited Regions Financial Corporation Regions Financing Trust II Regions Financing Trust III Regions Financing Trust IV Union_Planters_Pfd Funding_Corp. Regions Financing Trust V Regions Financing Trust VI Resona Holdings, Inc. Resona Prf. Gbl Secs (Cayman) Rizal Commercial Bank Corp. Royal Bank of Canada RBC Capital Trust RBC Capital Trust II RBC Centura Capital Trust I Royal Bank of Scotland Group plc National Westminster Bank PLC RBS Capital Trust B RBS Capital Trust C RBS Capital Trust D RBS Capital Trust I RBS Capital Trust II RBS Capital Trust III RBS Capital Trust IV SEB Shinhan Financial Group Co., Ltd Shinhan Bank Shinsei Bank, Limited Shinsei Finance (Cayman) Limited Shinsei Finance II (Cayman) Ltd. SMFG Preferred Capital USD 2 Ltd Societe Generale SG Capital Trust I SG Capital Trust III SG Preferred Capital II SG II Preferred Sec. Inv. Trust SpareBank 1 Nord-Norge SpareBank 1 SMN SpareBank 1 SR-Bank Sparebanken Vest St.George Bank Limited Standard Chartered PLC Standard Chartered Bank Standard Chartered Cap Trust 1 State Bank of India State Bank of India, Nassau Br State Street Corporation State Street Capital Tr. III State Street Capital Trust I State Street Capital Trust II State Street Capital Trust IV Sumitomo Mitsui Fin.Group, Inc SMFG Preferred Capital GBP 1 Ltd SMFG Preferred Capital GBP 2 Ltd SMFG Preferred Capital JPY 1 Ltd SMFG Preferred Capital USD 1 Ltd SMFG Preferred Capital USD 3 Ltd
Aa2 Aa2 Aa2 Aa2 A1 A1 A1 (P)Baa1 A3 A3 (P)A3 A3 (P)A3 (P)A3 Baa1 B1 Aa2 Aa2 Aa2 A2 A1 Aa3 A1 A1 A1 A1 A1 A1 A1 A1 A3 Baa3 Baa3 A2 A1 A1 A1 A1 A1 A2 A2 A2 A3 A1 Baa2 Baa1 Baa2 Baa2 (P)A2 (P)A1 A1 (P)A1 A1 A2 A2 A2 A2 A2
Sumitomo Trust And Banking Co. STB Preferred Cap 4(Cayman)Ltd Suncorp-Metway Ltd. SunTrust Banks, Inc. Crestar Capital Trust I National Commerce Cap Trt I National Commerce Cap. Tr. II National Commerce Financial Corp SunTrust Capital I SunTrust Capital III SunTrust Capital V SunTrust Capital VI SunTrust Capital VIII SunTrust Capital IX SunTrust Capital X SunTrust Capital XI SunTrust Capital XII SunTrust Capital XIII SunTrust Capital XIV SunTrust Capital XV SunTrust Preferred Capital I SunTrust Real Estate Inv. Corp. Susquehanna Capital I SVB Financial Group SVB Capital II Svenska Handelsbanken AB Swedbank AB Swedish Export Credit Corp. Swedish Housing Finance Corp Sydbank A/S TMB Bank Public Company Ltd TMB Bank Public Co. Ltd (CI) Toronto-Dominion Bank (The) Northgroup Preferred Capital U.S. Bancorp USB Capital IV USB Capital V USB Capital VI USB Capital VII USB Capital VIII USB Capital IX USB Capital X USB Capital XI USB Capital XII USB Capital XIII USB Capital XIV USB Capital XV USB Capital XVI USB Realty Corp. UBS AG UBS Capital Sec (Jersey) LTD UBS Pref. Fund. (Jersey) Ltd. UBS Preferred Fdng. Co LLC VII UBS Preferred Fdng. Co LLC VIII UBS Preferred Funding Co LLC VI UBS Preferred Funding Co LLC IX UBS Preferred Funding Co. LLC V UBS Preferred Funding Trust I UBS Preferred Funding Trust II UBS Preferred Funding Trust IV UBS Preferred Funding Trust V UBS Preferred Funding Trust VI UBS Preferred Funding Trust VII UBS Preferred Funding Trust VIII
A2 A2 A3 A2 A2 A2 (P)A3 A2 (P)A2 A2 (P)A2 A2 A2 (P)A2 (P)A2 (P)A2 (P)A2 (P)A2 (P)A2 A3 A1 Baa2 Baa1 Aa3 A2 Aa3 A3 A2 B1 Aa2 A1 A1 (P)Aa3 (P)Aa3 Aa3 Aa3 Aa3 A1 Aa3 Aa3 Aa3 (P)Aa3 (P)Aa3 (P)Aa3 (P)Aa3 A1 A1 A1 (P)A1 (P)A1 (P)A1 (P)A1 (P)A1 A1 A1 A1 A1 (P)A1 (P)A1 (P)A1

November 17, 2008
UBS Preferred Funding Trust IX UniCredit SpA BA-CA Finance (Cayman Island) BA-CA Finance (Cayman Island) 2 HVB Banque Luxembourg S.A. HVB Funding Trust HVB Funding Trust II HVB Funding Trust III HVB Funding Trust V HVB Funding Trust VII HVB Funding Trust VIII Perent Funding Limited UniCredit Int'l Bank (Lux) S.A. UniCredito Ital. Cap. Trust III Unicredito Italiano Cap. Trt I Unicredito Italiano Cap. Trt II UniCredito Italiano Cap.Trust IV Unione di Banche Italiane ScpA Banca Lombarda Pfd Sec Trust Banca Pop.Di Bergamo Capital Trs United Overseas Bank Limited UOB Cayman I Limited Wachovia Capital Trust XI Wachovia Capital Trust XII Wachovia Capital Trust XIII Wachovia Capital Trust XIV Wachovia Capital Trust XV Wachovia Corporation Central Fidelity Cap. Trust I CoreStates Capital I CoreStates Capital II CoreStates Capital III First Fidelity Bancorporation First Union Capital I First Union Capital II First Union Capital III First Union Instit. Capital I Wachovia Capital Trust I Wachovia Capital Trust II Wachovia Capital Trust III Wachovia Capital Trust IV Wachovia Capital Trust V Wachovia Capital Trust VII Wachovia Capital Trust VIII Wachovia Capital Trust IX Wachovia Capital Trust X Washington Mutual, Inc.
(P)A1 A1 A1 Baa2 A3 A3 A3 A3 A3 A3 A3 A2 A2 A2 A2 A2 A3 A3 Aa3 Aa3 (P)A3 (P)A3 (P)A3 (P)A2 (P)A3 A3 A2 A2 A2 A2 A3 A2 A2 (P)A2 A2 A2 A2 A3 A2 A2 (P)A2 (P)A2 A2 A2 C
Providian Capital I Webster Financial Corporation Webster Capital Trust IV Webster Capital Trust V Webster Capital Trust VI Wells Fargo & Company First Security Capital I Wells Fargo Capital C Wells Fargo Capital I Wells Fargo Capital II Wells Fargo Capital III Wells Fargo Capital IV Wells Fargo Capital V Wells Fargo Capital VI Wells Fargo Capital VII Wells Fargo Capital VIII Wells Fargo Capital IX Wells Fargo Capital X Wells Fargo Capital XI Wells Fargo Capital XII Wells Fargo Capital XIII Wells Fargo Capital XIV WFC Holdings Corporation WestLB AG Hybrid Capital Fund I Ltd Part. Hybrid Capital Funding II LP Westpac Banking Corporation Westpac Capital Trust I Westpac Capital Trust II Westpac Capital Trust III WestPac Capital Trust IV Westpac First Trust Westpac TPS Trust Woori Bank Zions Bancorporation Zions Capital Trust B Zions Capital Trust C Zions Capital Trust D Zions Inst. Capital Trust A
C (P)Baa2 Baa1 (P)Baa1 (P)Baa1 Aa3 Aa2 Aa2 Aa2 Aa2 (P)Aa2 Aa2 (P)Aa2 (P)Aa2 Aa2 Aa2 Aa2 Aa2 Aa3 Aa2 Aa2 Aa2 Aa3 Caa1 Caa1 Aa3 (P)Aa3 Aa3 Aa3 Aa3 Aa3 Aa3 A3 Baa2 Baa1 (P)Baa1 (P)Baa1 Baa1
Securities Industry Ratings

November 17, 2008
Outlook
[1] Long-term Debt Senior Subord.
Issuer Rating
Commercial Paper
Preferred Stock
Ahorro Corporacion Financiera Asigna, Compens. y Liquid Banc of America Securities LLC Bear Stearns Companies LLC. Bear Stearns Bank plc Bear Stearns Capital Tr. III Bear Stearns Capital Tr. IV Bear Stearns Capital Trust I Bear Stearns Capital Trust V Bear Stearns Global Asset Holdng Bear, Stearns Securities Corp. BS Carib Asset Holdings, Ltd. Charles Schwab Corp. (The) Schwab Capital Trust I Citigroup Global Mkts Hldgs.Inc. CGMH Capital II CGMH Capital III CGMH Capital IV SI Financing Trust I Smith Barney Holdings Inc. Citigroup Global Markets Inc. CME Group Inc. ConvergEx Holdings LLC Credit Suisse Holdings (USA) Inc Credit Suisse (USA) Inc. Daiwa Securities Group Inc. Daiwa Securities Co. Ltd. Daiwa Securities SMBC Co. Ltd. Deutsche Bank Securities Inc E*TRADE Financial Corp. Fubon Securities Co., Ltd. Goldman Sachs Group, Inc. (The) Goldman Sachs & Co. Asset Funding Company IV Ltd Goldman Sachs Canada Finance Co. Goldman Sachs Capital I Goldman Sachs Capital II Goldman Sachs Capital III Goldman Sachs Capital IV Goldman Sachs Capital V Goldman Sachs Capital VI Goldman Sachs Finc'l Prod I Ltd Goldman Sachs Japan Co., Ltd. Goldman Sachs Over. Fin., L.P. GS Finance Corp. GS Paris Inc., et Cie Heraeus Holding GmbH Jefferies Group, Inc. LaBranche & Co Inc. Lazard Group Finance LLC Lazard Ltd. Lazard Group LLC Lehman Brothers Holdings Inc. LBH Capital Trust I LBH Capital Trust II LBH Capital Trust III LBH Capital Trust IV LBH Capital Trust V LBH Capital Trust VI LBH Capital Trust VII LBH Capital Trust VIII LBH Capital Trust IX LBH Capital Trust X
[1] The long-term ratings listed reflect the ratings on specific rated debt issues.
STA STA STA NEG NEG NEG NEG NEG NEG NEG NEG STA STA STA RUR RUR RUR RUR RUR RUR NEG STA STA STA STA STA STA STA STA NEG STA NEG NEG NEG STA NEG NEG NEG NEG NEG NEG NEG STA NEG NEG NEG STA NEG STA STA POS RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR
Aa2 Aa2 Aa2 Aa2 A2 A3 Aa3 Aa3 Aa3 B2 Aa1 Baa1 A1 Aa3 B2 Aa3 Aa3 Aa3 Aa3 Baa1 B2 Ba1 Ba1 B3
Aa3 A3 A1 (P)A1 (P)Aa2 (P)Baa2 A1 B3 A1 (P)Baa2 Caa2
A2 NR Aa2 Aa3 Aa3 Baa1 A1 B2 Baa3 Aa3 Aa3 Baa1 Baa1 B3
P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-2 P-1 P-1 P-1 P-1 P-1 NP
A1 Aa3 (P)Aa3 Aa3 (P)Aa3 (P)Baa1 A2 (P)A1 (P)A1 (P)A1 A1 (P)A2 Aa3 (P)Caa1 A2 A1 A2 A2 (P)A1 (P)A1 (P)A1 Baa3 Ca (P)Caa2 (P)Caa2 Caa2 Caa2 Caa2 Caa2 Ca Ca (P)Caa2 (P)Caa2

November 17, 2008
Outlook
Issuer Rating
Commercial Paper
Preferred Stock
LBH Capital Trust XI LBH Capital Trust XII Lehman Bro. Hldgs Inc (London) Lehman Bros Hldgs E-Cap. Tr. I Lehman Bros. Special Fin. Inc. Lehman Brothers Holdings Plc Lehman Brothers Treasury B.V. Lehman Brothers Inc. Lehman Brothers International (E Lehman Brothers OTC Derivatives Lehman Brothers UK Cap. Fnd. V Lehman Brothers UK Cap. Funding Lehman Brothers UK Cap. Fung IV Lehman Brothers UK Cap.Fund. II Lehman Brothers UK Cap. Fnd. III London Stock Exchange Group plc London Stock Exchange plc LPL Holdings II LPL Holdings, Inc. Merrill Lynch & Co., Inc. Merrill Lynch & Co., Canada Merrill Lynch Canada Finance Co. Merrill Lynch Capital Trust I Merrill Lynch Capital Trust II Merrill Lynch Capital Trust III Merrill Lynch Finance(Australia) Merrill Lynch Japan Finance Co. Merrill Lynch Pfd. Cap. Tr. III Merrill Lynch Pfd. Cap. Tr. IV Merrill Lynch Pfd. Cap. Tr. V Merrill Lynch Pfd. Cap. Tr. VI Merrill Lynch Pfd. Fd. III, L.P Merrill Lynch Pfd. Fd. IV, L.P. Merrill Lynch Pfd. Fd. V, L.P. Merrill Lynch Pfd. Fd. VI, L.P. Merrill Lynch Pfd. Funding I, LP Merrill Lynch Pfd. Funding II Merrill Lynch S.A. MF Global Ltd. Mitsubishi UFJ Secs Co., Ltd. Mizuho Securities Co., Ltd. Morgan Stanley Morgan Stanley & Co. Int. plc Morgan Stanley (Jersey) Limited Morgan Stanley Australia Fin Ltd Morgan Stanley Capital Tr VIII Morgan Stanley Capital Tr IX Morgan Stanley Capital Tr X Morgan Stanley Group Inc. Morgan Stanley Finance plc Morgan Stanley Group (Europe) Morgan Stanley Intl Fin SA Morgan Stanley Japan Sec Co Ltd MS Capital Trust II MS Capital Trust III MS Capital Trust IV MS Capital Trust V MS Capital Trust VI MS Capital Trust VII NASDAQ OMX Group, Inc. (The) Nikko Citi Holdings Inc. Nikko Citigroup Limited Nikko Cordial Securities Inc.
RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR STA POS POS STA RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR RUR NEG NEG NEG RUR RUR RUR RUR RUR RUR RUR RUR RUR STA STA STA RUR RUR RUR RUR RUR RUR POS RUR RUR RUR
B3 B3 B3 (P)B1 Baa2 Ba3 A2 A2 A2 A2 A2 A2 Baa1 Aa2 A1 A1 A1 A1 A1 (P)A1 Ba1 A1
Caa2 Caa2 B3 B2 A3 A3 A3 A2 A2 A2 A2 A2
B3 B1 B3 B3 Baa3 Baa1 A2 Baa1 Aa2 A1 A1 A1 A1 A1 A1
NP NP NP P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1 P-1
(P)Caa2 (P)Caa2 Ca Ca Ca Ca Ca Ca Baa1 A3 A3 A3 A3 A3 A3 (P)A3 A3 A3 A3 (P)A3 A3 A3 Baa3 A3 A2 (P)A2 (P)A2 A3 (P)A2 A2 A2 A2 A2 A2

November 17, 2008
Outlook
Issuer Rating
Commercial Paper
Preferred Stock
Nomura Holdings, Inc. Nomura Global Funding plc Nomura International plc Nomura Securities Co., Ltd. NYSE Euronext Oppenheimer Holdings, Inc. Scottrade Financial Srv, Inc. Shuaa Capital psc SRE Group Limited UBS Americas, Inc.
NEG NEG NEG NEG STA RUR STA STA NEG STA
A2 A2 A1 B1 B1 Aa2
(P)A2 Aa3
A3 A1 Baa3 Baa2 Aa2
P-2 P-1 P-1 P-1
(P)A3
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WEEKLY RATINGS LIST

November 17, 2008

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Global Bank Ratings - Alphabetic by Ultimate Parent

Long-term Debt Issuer Senior Subord. Rating

DDD+ D+ E+ E+ B CD D D E+ D+ E D E+ D DCE+ C CC E+ C+ C C E+ B CE+ C C C

Ba2 (P)A1 Aa3 Aa3 Aa3 A1 A3 A1 A2 A1 A1 Ba3 Aa3 A2 A2

Aa2 A2 B1 A3 A1 Aa3 Aa3 A1 A3

Moodys Investors Service 5

Global Bank Ratings - Alphabetic by Ultimate Parent

Long-term Debt Issuer Senior Subord. Rating

DD D+ D DC+ D+ C+ D+ CD+ C D DDD E C+ B BD D+ B C+ E C C E+ E+ E+ E+ C+ CDCCDC CC C C D+ C

A2 A2 A1 A3 A3 A1 A1 (P)A2 A1 A2 Aa1 Aa2 Aa2 Aa2 Baa2 A2 Ba1 Aa3 A1 Aa3 NR A1

Baa1 A3 A2 Baa1 A2 A2 A3 A2 Aa2 Aa3 Aa3 Baa2 Baa3 A3 Ba2 A1 A2 A1 A2

A2 A2 A1 A3 Ba2 A2 A1 Aa1 Aa2 Ba3 Baa2 A2 A1

Moodys Investors Service 6

Global Bank Ratings - Alphabetic by Ultimate Parent

Long-term Debt Issuer Senior Subord. Rating

CC C CCCD+ E+ E+ D+ B B B D D+ D C B E+ E+ DC+ D C+ D D+ B D C+ D DD DDCD+ D+ C+ C E+

Baa1 A2 A3 Aa2 Aa2 (P)A2 A1 A2 A2 A2 A2 A2 Baa3 A1 A1 A1 Ba2 Baa1 Baa3

Moodys Investors Service 7

Global Bank Ratings - Alphabetic by Ultimate Parent

Long-term Debt Issuer Senior Subord. Rating

Ba2 Ba2 Ba3 Baa2 A2 Baa1 A2 B2 Ba3 A2 B2 Ba3 A3 A3 B2 A3 A3 A3 Aa2 A1

Ba1 A1 A1 Baa2 Baa3 A1 A1 A1 A2 A2

Moodys Investors Service 8

Global Bank Ratings - Alphabetic by Ultimate Parent

Long-term Debt Issuer Senior Subord. Rating

B C+ DB D+ C+ D B D+ C+ C DD+ D DD E+ C+ D+ DDC D+ DDDD+ D D+ E+ E+ E+ D C D C D

Aa1 Aa3 A3 A2 Ba2 Ba2 Ba2

Moodys Investors Service 9

Global Bank Ratings - Alphabetic by Ultimate Parent

Long-term Debt Issuer Senior Subord. Rating

Moodys Investors Service 10

Global Bank Ratings - Alphabetic by Ultimate Parent

Long-term Debt Issuer Senior Subord. Rating

C D+ CD+ C D+ DE DE+ E+ DDE+ C+ DDD D D DBD+ CD CD+ DC+ D DC+ D+ D B C D+ CD C

A2 Baa3 Aa2 Aa1 Aa2

Moodys Investors Service 11

Global Bank Ratings - Alphabetic by Ultimate Parent

Long-term Debt Issuer Senior Subord. Rating

DD+ C C B+ B+ C E+ E+ E+ E+ C CD+ C+ DD+ B C BB C+ D+ D BD D+ D C C DE+ CDDC+

Moodys Investors Service 12

Global Bank Ratings - Alphabetic by Ultimate Parent

Long-term Debt Issuer Senior Subord. Rating

C C C C CCC C+ D+ C C C CCCC C+ C C C+ CC+ B C CCC+ CC C D+ B D+ C+ D CCC C-

Aaa A2 A2 A2 A2 A2 A1 Aa1 A2 B1 A2 Aa2 A3 A3

Moodys Investors Service 13

Global Bank Ratings - Alphabetic by Ultimate Parent

Long-term Debt Issuer Senior Subord. Rating

A3 Baa1 A2 A2 Baa1 Baa3 A2 Baa3 A1 A1 A1 A1 A1 Baa1 A1 A3 Baa3 Baa2 A3 A2

Moodys Investors Service 14

Global Bank Ratings - Alphabetic by Ultimate Parent

Long-term Debt Issuer Senior Subord. Rating

Moodys Investors Service 15

Global Bank Ratings - Alphabetic by Ultimate Parent

Long-term Debt Issuer Senior Subord. Rating

C+ C E+ D+ CCC B C D C+ C+ D C B D+ E+ E D D+ CCC D D+ CC+