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Fitch Takes Rtg Actions on $250MM Metropolitan Transp Auth Transp Rev VRDBs, Ser 2005E

NEW YORK--(BUSINESS WIRE)-- The rating action referenced in Fitch Ratings' Sept. 28, 2012, press release (Fitch to Take Rtg Actions on $250MM Metropolitan Transp Auth Transp Rev VRDBs, Ser 2005E), is effective today (Oct. 4, 2012).

Additional information is available at 'www.fitchratings.com'. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.

Applicable Criteria and Related Research:

--'U.S. Municipal Structured Finance Criteria', Feb. 8, 2012;

--'Rating Guidelines for Letter of Credit-Supported Bonds', June 20, 2012;

--'Dual-Party Pay Criteria for Long-Term Ratings on LOC-Supported U.S. Public Finance Bonds', March 9, 2012.

Applicable Criteria and Related Research:

U.S. Municipal Structured Finance Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=672570

Rating Guidelines for Letter of Credit-Supported Bonds

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=681737

Dual-Party Pay Criteria for Long-Term Ratings on LOC-Supported U.S. Public Finance Bonds

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=673910

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Fitch Ratings
Primary Analyst
Linda Friedman, +1-212-908-0727
Senior Director
Fitch, Inc.
One State Street
New York, NY 10004
or
Secondary Analyst
Mario Civico, +1-212-908-0796
Senior Director
or
Committee Chairperson
Trudy Zibit, +1-212-908-0689
Managing Director
or
Media Relations:
Elizabeth Fogerty, New York, +1 212-908-0526
Email: elizabeth.fogerty@fitchratings.com

Source: Fitch Ratings