Fitch Rates Assured Guaranty Insured Issues 'AA'; Watch Negative

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NEW YORK-(Business Wire)-September 29, 2009 - Fitch Ratings has assigned an 'AA' rating and placed the following Assured Guaranty insured issues on Rating Watch Negative:

Southern Tioga School District (PA)

—$8,035,000 general obligation (GO) bonds series 2009A;

Wharton (TX)

—$4,000,000 GO tax & revenue certificates of obligation series 2009;

Louisiana Local Government Environmental Facilities & Community Development Authority (LA)

—$4,820,000 (Livingston Parish Office of Motor Vehicles Project) revenue bonds series 2009.

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, 'www.fitchratings.com'. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.

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