Standard&Poor's Ratings Services assigned its 'AAA/A-1' and 'AAA' ratings to Deutsche Bank Securities Inc. Receipts' short puttable exempt adjustable receipts (SPEARs) and long inverse floating exempt receipts (LIFERs) series DBE-1012, respectively, relating to custodial receipts series DBE-1012, relating to Louisiana Local Government Environment Facilities&Community Development Authority's hospital revenue bonds (Woman's Hospital Foundation Project) series 2010A. The long-term components of the rating on the SPEARs and LIFERs are based on a custodial receipt whose rating is based jointly (assuming low correlation) on enhancement of the underlying bonds in the form of a swap agreement provided by Deutsche Bank AG (A+/Watch Neg/A-1) and the rating on the underlying bonds. The short-term component of the rating on the SPEARs
