Standard&Poor's Ratings Services assigned its 'AAA/A-1+' and 'AAA' ratings to J.P. Morgan Securities Inc.'s series 1325 PUTTERs and DRIVERs, respectively, relating to the Mayor and City Council of Baltimore Ballpark Revenue Bonds, series 2006B-1. The long-term component of the rating is based on the 'AAA' rated, FGIC-insured Mayor and City Council of Baltimore Ballpark Revenue Bonds, series 2006B-1 bonds. The short-term component of the rating is based on a liquidity facility provided by JPMorgan Chase Bank N.A. scheduled to expire on May 17, 2007. The receipt holders' ability to receive the purchase price from the liquidity provider may terminate without notice under certain conditions set forth in the documents. The short-term portion of the rating does not apply
