Fitch Webcast: U.S. Housing At a Crossroads; May 21 @ 12:30

Fitch Ratings will be holding a webcast on Wednesday afternoon May 21 at 12:30 p.m. ET to discuss the latest rating developments in both the U.S. commercial and residential housing markets. Those who wish to access only the audio portion of Wednesday's conference can do so via the dial-in information highlighted below.

Analysts from Fitch's Homebuilding, REIT, RMBS and CMBS groups will be discussing current and potential future issues that the various housing segments face in the current market environment.

Topics of discussion are as follows:

--State of the residential single family housing market;

--Government response to the housing 'Crisis';

--Outlook for multifamily REITs;

--U.S. RMBS performance trends and Outlook;

--U.S. CMBS performance trends and Outlook.

There will be a slide presentation during the webcast, along with a Q&A session immediately after the prepared remarks. However, if you have questions prior to the webcast, please send them to questions@fitchratings.com.

Teleconference Information

--Date: Wednesday May 21, 2008

--Time: 12:30 p.m. ET

--U.S./Canada: 866-682-6100

--International: 201-499-0416

Webcast Information

--URL: http://www.visualwebcaster.com/event.asp?id=47893

A replay of the webcast, along with the slide presentation, will be available on the Fitch Ratings web site at www.fitchratings.com under the following headers:

About Fitch Ratings then Teleconferences & Online Events

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.

Contacts:

Fitch Ratings, New York
Media Relations:
Brian Bertsch, 212-908-0549
Sandro Scenga, 212-908-0278

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