DBRS Confirms Rating on Potential Interest Rate Swap Termination Payment Re: Altius Funding III Ltd.

DBRS, Inc. (“DBRS”) has today confirmed the rating of BBB (sf) on the Potential 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 Altius III Funding Ltd. (“Altius III”) 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 September 28, 2006 between Altius III and 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.

Note: All figures are in U.S. dollars unless otherwise noted.