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& MINCS-Centurion
V Ltd.
NEW YORK--(BUSINESS WIRE)--Aug. 1, 2006--Fitch Ratings affirms two classes of notes issued by
SEQUILS-Centurion V, Ltd. (SEQUILS-Centurion) and one class of notes issued by MINCS-Centurion
V, Ltd. (MINCS-Centurion). The following rating actions are effective immediately:
-- $398,969,346 SEQUILS-Centurion class A notes affirmed at 'AAA';
-- $29,335,981 SEQUILS-Centurion class B notes affirmed at 'A';
ultimate return of principal. The rating assigned to the MINCS-Centurion notes addresses the
ultimate payment of basic interest and principal. Additionally, the ratings assigned to the SEQUILSCenturion and MINCS-Centurion notes do not address the payment of any additional interest or
distributions.
Fitch will continue to monitor and review this transaction for future rating adjustments. Additional
deal information and historical data are available on the Fitch Ratings web site at
www.fitchratings.com. For more information on the Fitch VECTOR Model, see 'Global Rating
Criteria for Collateralised Debt Obligations,' dated Sept. 13, 2004 and also available at
www.fitchratings.com.
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.
Fitch Ratings
Andrew Nager, 212-908-9109
Kevin Kendra, 212-908-0760
Sandro Scenga, 212-908-0278 (Media Relations)
http://www.businesswire.com/news/home/20060801005997/en/Fitch-Affirms-SEQUILS-Centurion-Lt
d.-MINCS-Centurion-Ltd.