Fitch Rates Virginia Port Auth Commonwealth $21.7MM Rfdg Revs 'AA+'

Business Wire, April 12, 2005

NEW YORK -- Fitch Ratings has assigned an 'AA ' rating to $21.73 million Virginia Port Authority commonwealth port fund revenue refunding bonds (2002 resolution), series 2006. The forward delivery bonds were sold April 5 through negotiation with a syndicate led by Morgan Keegan & Company and will mature July 1, 2007-2016.

They are not callable and will be delivered on or after April 4, 2006. For more information, see the Fitch report dated March 24, 2005, titled 'Virginia Port Authority -- port fund rev bonds series 2005,' available on the Fitch Ratings web site at www.fitchratings.com.