Fitch to Rate Panhandle-Plains Higher Ed Trust I Student Loan 2008A-1; Issues Presale

Fitch expects to rate Panhandle-Plains Higher Education Authority, Inc. Trust I Student Loan Revenue Bonds, senior series 2008A-1 as follows:

--$200,000,000 student loan revenue bonds, senior series 2008A-1 'AAA'.

For more information, see the Panhandle-Plains Higher Education Authority, Inc. Trust I Student Loan Revenue Bonds, Senior Series 2008A-1 presale report, available to all investors on Fitch's corporate site, 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.

Contacts:

Fitch Ratings, New York
Paritosh Merchant, +1-212-908-0321
Melvin Zhou, +1-212-908-0503
Sandro Scenga, +1-212-908-0278
(Media Relations, New York)

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