Business Services Industry

Fitch: Alliance Capital Management L.P. Rtgs Now Listed Under AllianceBernstein L.P

Business Wire, Feb 27, 2006

CHICAGO -- Effective immediately, Fitch Ratings has placed the ratings assigned to Alliance Capital Management L.P. under the company's new banner, AllianceBernstein L.P. This is a result of the company's name change on Feb. 24, 2006.

Ratings affected by the name change:

AllianceBernstein L.P. (formerly Alliance Capital Management L.P.)

--Long-term Issuer Default Rating 'A ';

--Short-term 'F1';

--Rating Outlook Stable;

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.

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