J.P. Morgan Securities, Inc., puttable tax-exempt receipts, series 2359 relating to the Illinois Development Finance Authority's retirement housing revenue bonds (Regency Park at Lincolnwood Project), 1991 series B are rated 'AAA/A-1+'. The long-term component of the rating is based on the 'AAA' rated Illinois Development Finance Authority's retirement housing revenue bonds (Regency Park at Lincolnwood Project), 1991 series B. The short-term component of the rating is based on a liquidity facility provided by JPMorgan Chase Bank N.A., scheduled to expire Nov. 13, 2008. 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 to any receipts
