Merrill Lynch Puttable FLOATs/RITES Trust puttable floating option tax-exempt receipts series PT-2995 (Palomar Pomerado Health District), relating to Palomar Pomerado Health, Calif. general obligation bonds, election of 2004, series 2005A, are rated 'AAA/A-1'. The long-term component of the rating is based on the AMBAC-insured underlying bond. The short-term component of the rating is based on a liquidity guarantee from Merrill Lynch&Co. Inc., and the expiration date of the liquidity facility is June 15, 2006. Merrill Lynch Puttable FLOATs/RITES Trust residual interest tax-exempt receipts series PT-2995 (Palomar Pomerado Health District), relating to Palomar Pomerado Health, Calif. general obligation bonds, election of 2004, series 2005A, are rated 'AAA'. The long-term component of the rating is based on the AMBAC-insured underlying
