EFTA01376343.pdf

Table I Asset Specific Recovery• Rating Notches to Derive Rating from Issue Rating 1+ -3 -2 2 -1 3 0 4 0 5 +I 6 +2 None Not available for notching Table 2 Rating Rating -Points" AAA AA+ 2 AA 3 AA- 4 A+ 5 A 6 A- 7 BBB+ 8 BBB 9 BBB- 10 BB+ 11 BB 12 BB- 13 B+ 14 B 15 B- 16 CCC+ 17 CCC 18 CCC- 19 With respect to the Collateral Obligations generally. if at any time S&P (or its successor) ceases to provide rating services, references to rating categories of S&P shall be deemed instead to be references to the equivalent categories of any other nationally recognized investment rating agency designated in writing by the Investment Manager on behalf of the Issuer (with written notice to the Trustee), as of the most recent date on which such other rating agency and S&P published ratings for the type of security in respect of which such alternative rating agency is used. The Trustee, the Issuer and the Investment Manager shall not disclose any such estimated rating received from S&P. 120 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0072395 CONFIDENTIAL SDNY_GM_00218579 EFTA01376343