Citigroup Global Markets Reset Option Certificates II-R Trust Series 296, relating to North Carolina Medical Care Commission FHA-insured mortgage revenue bonds (Rowan Regional Medical Center project) series 2004, are rated 'AAA/A-1+'. The long-term component of the rating is based on the FSA-insured underlying bonds. The short-term component of the rating is based on a liquidity facility provided by Citibank N.A. until Sept. 1, 2005. Citigroup Global Markets Reset Option Longs II-R Trust Series 296, relating to North Carolina Medical Care Commission, FHA-insured mortgage revenue bonds (Rowan Regional Medical Center project) series 2004, are rated 'AAA'. The rating is based on the FSA-insured underlying bonds.