Fitch Takes Various Actions on 5 Bear Stearns Prime Pre-2005 Deals

Business Wire, July 24, 2008

NEW YORK -- Fitch Ratings has taken numerous rating actions on the five Bear Stearns Prime RMBS transactions listed below:

--Series 1997-4;

--Series ARM 1997-6;

--Series FRM 1997-6;

--Series ARM 2000-2;

--Series ARM 2001-4.

The rating actions were taken as part as Fitch's ongoing surveillance process of existing transactions.

A spreadsheet detailing Fitch's rating actions on the transactions in question is available on the Fitch Ratings web site at www.fitchratings.com under the following headers:

Structured Finance then RMBS then Special Reports

Further information regarding current delinquency, loss, and credit enhancement statistics is also available at www.fitchratings.com.

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.