OVERVIEW We have assigned a preliminary 'AAA (sf)' credit rating to the class A notes in Fosse Master Issuer series 2010-4. A pool of first-ranking mortgages secured over properties in England, Scotland, Wales, and Northern Ireland will collateralize the notes. LONDON (Standard&Poor's) Aug. 27, 2010--Standard&Poor's Ratings Services today assigned its preliminary 'AAA (sf)' credit rating to Fosse Master Issuer PLC's issuance of up to £1.25 billion (equivalent) mortgage-backed series 2010-4 class A notes. This transaction will be the seventh issuance from the Fosse master trust. Prior to the issuance of the 2010-4 notes, cumulative note issuance from the trust has amounted to £7.54 billion since the beginning of 2010 (following the issuance of the 2010-1, 2010-2,
