Fitch Withdraws Rating on Galaxy Funding, Inc. ABCP Program

Fitch Ratings has withdrawn the 'F1+' rating for Galaxy Funding, Inc., the asset-backed commercial paper (ABCP) program sponsored by U.S. Bank, N.A. The program is not issuing CP and has no CP outstanding.

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
Aniello Forcellati, +1-212-908-0747
Darryl Osojnak, +1-212-908-0602
Sandro Scenga, +1-212-908-0278 (Media Relations)

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