Standard&Poor's Ratings Services raised its rating on the residual of Citigroup Global Markets ROCs/ROLs II-R Trust Series 11288, relating to East Bay Municipal Utility District (Alameda and Contra Costa Counties, California), water system subordinated revenue bonds series 2007A, to 'AAA' from 'AA+'. This action follows, Standard&Poor's, upgrade of the underlying bond to 'AAA' from 'AA+'. The long-term component of the rating is based on the underlying bond. USPF Criteria: "Secondary Market Derivative Products," June 27, 2007