Standard&Poor's Ratings Services assigned its 'AAA/A-1+' and 'AAA' ratings to Deutsche Bank Securities Inc. short puttable exempt adjustable receipts (SPEARs) and long inverse floating exempt receipts (LIFERs), respectively, issued under Trust Series DB-254, relating to District of Columbia (Washington, D.C.) general obligation bonds series 2007A. The long-term component of the SPEARs rating is based on the 'AAA' rated, FGIC-insured District of Columbia (Washington, D.C.) general obligation bonds series 2007A. The short-term component of the rating is based on a standby purchase agreement (SPA) provided by Deutsche Bank AG (A-1+). The rating on the LIFERs is based on the 'AAA' rated, FGIC-insured District of Columbia (Washington, D.C.) general obligation bonds series 2007A. The program is structured such that each
