Standard&Poor's Ratings Services assigned its 'AA/A-1+' and 'AA' ratings to J.P. Morgan Securities Inc. puttable tax-exempt receipts and the derivative inverse tax-exempt receipts series 2133, respectively, relating to custodial receipts series 2007-5 evidencing beneficial ownership of Philadelphia Authority for Industrial Development revenue bonds (Fox Chase Cancer Center Obligated Group) series 2007B. The long-term component of the rating is based on a LOC enhancing the custodial receipts series 2007-5. The custodial receipts are enhanced by an LOC provided by JPMorgan Chase Bank N.A. (AA/A-1+). The short-term component of the rating on the puttable tax-exempt receipts is based on a liquidity facility also provided by JPMorgan Chase Bank, scheduled to expire Sept. 26, 2008. The receipt holders' ability to receive
