News Release

Oct. 16, 2009

Affirmed AA-/Stable and J-1+ on Tokyo Electron

Assigned preliminary A+ rating to shelf reg. of SUMCO

Affirmed A+ and J-1 on JTEKT; Revised outlook to Negative

Affirmed J-2 on CP of Kokusai Pulp & Paper

Assigned A to bonds of Hankyu Hanshin Holdings

Assigned A+ to bonds of Tokyu Corporation

Oct. 15, 2009

Assigned J-1 to Medical Fees Receivable ABL09-10 (J Hospital)

Affirmed AA-/Stable and J-1+ on Toyota Tsusho

Assigned AAA to bonds of Aichi Prefecture

Assigned AA- to bonds of Sumitomo Mitsui Banking

Oct. 14, 2009

Assigned J-1 to Medical Fees Receivable ABL09-10 (B Hospital)

Affirmed A-/Stable on senior debts of Commuture

Affirmed A-/Stable on sr.debts of Daimei Telecom Engineering

Downgrades Italy to AA with Stable Outlook

Assigned A rating to bonds of Marubeni

Affirmed BBBp/Stable on senior debts of Nippon Denwa Shisetsu

Affirms AAA/AAA ratings on Germany with stable outlook

Oct. 13, 2009

Removed CM; Downgraded Octave Synthetic CDO Series 2 to AA+

Affirmed BBB+/Stable and J-2 on Cosmo Oil

Withdraws BBB rating on senior debts of Prospect Reit Investment

Upgraded rating on Hitachi Maxell to A+p; Outlook Negative

Upgraded rating on Hitachi Software Engineering to A+p; Outlook Negative

Oct. 09, 2009

Assigned J-1 to Nohara Bills Receivable ABL09-10

Assigned BBB+ rating to bonds of Kintetsu

Assigned AAA to bonds of Kansai Electric Power Company

Affirmed BBB-/Stable on senior debts of Gyokushoukai

Affirmed AA-/Stable and J-1+ on sr.debts and CP of Ricoh Leasing

Affirmed AA-/Stable, AA- and J-1+ on Mitsubishi UFJ Nicos

Affirms AAA/AAA (FC/LC) Ratings on United States of America

Affirmed AA-/Stable, AA- and J-1+ on Mitsubishi UFJ Nicos

Assigned AA- to bonds of Mizuho Corporate Bank

Assigned AA+ rating to bonds of Osaka (City of)

Assigned AA- to bonds of Sumitomo Chemical

Oct. 08, 2009

Assigned AA+ rating to bonds of NTT Finance

Assigned AA+ rating to bonds of Osaka (City of)

Upgraded rating on Starzen from BBB- to BBB; Outlook Stable

Assigned AAA to bonds of Tokyo Electric Power Company

Assigned A+ rating to sub. bonds of Mizuho Bank

Assigned AA- rating to bonds of Hitachi Capital

Oct. 07, 2009

Affirmed A- on Maruzen Showa Unyu; Revised outlook to Negative

Oct. 06, 2009

Assigned AAA to bonds of Aichi Prefecture

Assigned A rating to bonds of Sumitomo Realty & Development

Affirms BBB+ (FC) rating on ICICI; Outlook Stable

Oct. 05, 2009

Assigned AA- to 2nd series loan A/trust certificates of HC Ayasegawa

Assigned AA- to 2nd series loan A/trust certificates of HC Ayasegawa

Assigned preliminary A rating to shelf of Hokkaido Gas

Assigned preliminary AA, AA- and A+ to shelf of Mitsubishi UFJ Trust & Banking

Affirmed A-/Stable and J-1 on Konoike Transportation

Affirmed A- rating on Tosoh; Revised outlook to Negative

Affirmed A- and J-1 on All Nippon Airways

Affirmed J-2 on CP of Marudai Food

Removed NikkoCiti Trust and Banking rating from CM and Upgraded to AA-

Oct. 02, 2009

Affirmed BBB/Stable and J-2 on Penta-Ocean Construction

Affirmed BBB-/Stable, BBB- and J-2 on Daikyo Inc.

Removed Credit Monitor from CSK's rating; Affirmed BB Stable

Withdraws Ratings on GMAC

Affirmed BBB and J-2 on Fuji; Revised outlook to Negative

Oct. 01, 2009

Assigned preliminary A- rating to Nisshin Oillio Group

Affirmed BBB/Stable on senior debts of Nakamuraya

Affirmed A- on Taiho Kogyo; Outlook revised Negative

Affirmed A-/Stable on Nittetsu Mining

Affirmed AA- on EMTN of Sumitomo Mitsui Finance and Leasing

Affirms AAA/AAA (FC/LC) Ratings on France

Affirms AAA (FC/LC) Ratings on United Kingdom; Outlook Stable

Affirmed A-/Stable and J-1 on senior debts and CP of Hulic

Affirmed BBB and J-2 on SBI Holdings

JCR Affirmed AA- on EMTN of Sumitomo Chemical
JCR Affirmed AA- on EMTN of Sumitomo Chemical (U.K.)
JCR Affirmed AA- on EMTN of Sumitomo Chemical Capital America

Affirmed AA- on Sumitomo Chemical; Outlook revised Negative

Sep. 30, 2009

Assigned J-1 to Toyoshima Bills Receivable ABL09-09

Assigned J-1+ to Teral Bills Receivable ABL09-09

Withdraws J-1+ rating on ABCP of Total Asset Funding

Assigned J-1 to Molten Bills Receivable ABL09-09

Downgraded rating on Hitachi from AAp to AA-p

Affirmed BBB/Stable and BBB on Nihon Chouzai

Withdraws A-/Stable rating on senior debts of INTEC Holdings

Affirmed A/Stable, A and J-1 on Izumi

Affirmed AA rating on Sekisui House; Revised outlook to Negative

Downgrades Ratings on Renault to BBB+ from A-; Outlook Stable

Affirmed AA-/Stable and J-1+ on Hitachi Capital

Assigned BBB+ to subordinated bonds (Hybrid) of Nisshin Steel

Sep. 29, 2009

Assigned J-1 to A&D Bills Receivable Beneficial Int. 09-09

Assigned J-1+ to Amano Bills Receivable Beneficial Int. 09-09

Assigned J-1 to Aso Shoji Bills Receivable ABL09-09

Affirmed AAA on bonds of Development Bank of Japan Inc.

Affirmed AAA on bonds of Development Bank of Japan Inc.

Affirmed BBB+/Stable on Tohokusoshin

Withdraws #A-/Positive and #J-1/Positive rating on Nikko Cordial Securities Inc.

Withdraws #A-/Positive and #J-1/Positive rating on Nikko Cordial Securities Inc.

Downgraded rating on Sankei Shimbun to BBB

Affirmed AA+/Stable on sr.debts of Shoko Chukin Bank

Assigned BBB- to Preferred Sec. (Hybrid) of SD Preferred Capital

Assigned preliminary AA- to shelf of Global One Real Estate Investment

Sep. 28, 2009

Assigned J-1 to Osaka Steel Tube Bills Receivable ABL09-09

Assigned J-1 to Bills Receivable ABL09-09 (B Corporation in Mie)

Affirmed AAA rating on Octave Synthetic CDO Series 1

Downgraded rating on Series 4 Synthetic CDO to #A-/Negative CM

Affirmed AAA rating on Octave Synthetic CDO Series 3

Assigned preliminary A+ rating to sub. bonds of Mizuho Bank

Affirmed BBB+/Stable on Daiichi Jitsugyo

Affirms BBB+ (FC/LC) Ratings on The Export-Import Bank of IndiaFC: Outlook Stable