Fitch Rates Citigroup ROCs and ROLs Series 14039PB and 14042PB

  Fitch Rates Citigroup ROCs and ROLs Series 14039PB and 14042PB

Business Wire

NEW YORK -- November 29, 2012

Fitch Ratings assigns the following ratings to the series of Reset Option
Certificates II-R (ROCs) and Reset Option Longs II-R (ROLs) listed below:

--Series 14039PB ROCs 'AA+/F1+'; Stable Outlook;

--Series 14039PB ROLs 'AA+'; Stable Outlook;

--Series 14042PB ROCs 'AA-/F1+'; Stable Outlook;

--Series 14042PB ROLs 'AA-'; Stable Outlook.

The long-term 'AA+' with a Stable Outlook assigned to the series 14039PB ROCs
and ROLs are based on the rating that Fitch has assigned to The Regents of the
University of Colorado University Enterprise Revenue Bonds, Series 2012B
(rated 'AA+'; Stable Outlook by Fitch) that have been deposited in the series
14039PB trust.

The long-term 'AA-' with a Stable Outlook assigned to the series 14042PB ROCs
and ROLs are based on the rating that Fitch has assigned to City of Austin,
Texas (Travis, Williamson and Hays Counties) Water and Wastewater System
Revenue Refunding Bonds, Series 2012 (rated 'AA-'; Stable Outlook) that have
been deposited in the series 14042PB trust.

The 'F1+', short-term ratings assigned to the ROCs are based on the shortfall
liquidity agreements guaranteed by Deutsche Postbank AG (rated 'A+/F1+';
Stable Outlook). The short-term ratings assigned to the ROCs will expire on
Sept. 15, 2013 unless such date is extended or earlier terminated.

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. 28, 2012);

--'Guidelines for Rating Tender Option Bonds'(May 10, 2012).

Applicable Criteria and Related Research:

U.S. Municipal Structured Finance Criteria

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

Guidelines for Rating Tender Option Bonds

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=678533

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Contact:

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or
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