Standard&Poor's Ratings Services assigned its 'AA/A-1' and 'AA' ratings to Morgan Stanley&Co. Inc. Trust's floater and residual certificates series 2008-3259, respectively, relating to Wisconsin Health&Educational Facilities Authority's (Ascension Health Senior Credit Group) revenue term bonds series 2010E. The long-term component of the rating is based on the underlying bonds (AA). The short-term component of the rating is based on Morgan Stanley Bank N.A. until March 15, 2012. USPF Criteria: Secondary Market Derivative Products, June 27, 2007