Ameriprise Financial Inc. is acquiring Columbia Management's long-term mutual fund business for about $1 billion. This announcement has not changed our opinion of the companies' creditworthiness, so we have affirmed our 'A' rating on Ameriprise and our 'AA-' ratings on its insurance subsidiaries. The outlook remains negative based on continued equity market pressures on the group's business model and earnings profile. On Sept. 30, 2009, Standard&Poor's Ratings Services affirmed its 'A' counterparty credit rating on Ameriprise Financial Inc. At the same time, Standard&Poor's affirmed its 'AA-' counterparty credit and financial strength ratings on Ameriprise's insurance subsidiaries: RiverSource Life Insurance Co. and RiverSource Life Insurance Co. of New York (collectively referred to as RiverSource Life). The outlook
