DBRS Discontinues Rating on Potential IRS Termination Payments Re: Charles River CDO I

DBRS, Inc. (“DBRS”) has today discontinued the rating on the Interest Rate Swap Termination Payments including all interest due (“Potential Termination Payment”) which may be owed to the interest rate swap counterparty (“Swap Counterparty”) under an Event of Default, where Charles River CDO I, Ltd. (the “Issuer”) is the sole defaulting party due to a Failure to Pay or Deliver as defined in section 5(a)(i) of the ISDA Master Agreement (“Agreement”) executed on November, 2002 between Charles River and the Swap Counterparty.

The rating action reflects maturity of the swap and fulfillment of the Issuer’s payment obligations to the Swap Counterparty.

The principal methodology is Rating Global Structured Finance CDO Restructurings which can be found on our website under Methodologies.

This credit rating has been issued outside the European Union (EU) and may be used for regulatory purposes by financial institutions in the EU.