Banc of America Large Loan, Inc., Series 2004-BBA4 Rated by Fitch.

NEW YORK -- Banc of America Large Loan, Inc., series 2004-BBA4, commercial mortgage pass-through certificates are rated by Fitch Ratings as follows:

--$587,526,331 class A-1 'AAA';

--$146,881,583 class A-2 'AAA';

--$912,308,617 class X-1A 'AAA';

--$912,308,617 class X-1B 'AAA';

--$122,208,617 class X-2 'AAA';

--$361,508,617 class X-3 'AAA';

--$110,300,000 class X-4 'AAA';

--$85,000,000 class X-5 'AAA';

--$35,352,086 class B 'AA+';

--$37,161,220 class C 'AA';

--$17,947,130 class D 'AA-';

--$16,924,691 class E 'A+';

--$15,545,488 class F 'A';

--$15,109,951 class G 'A-';

--$9,364,768 class H 'BBB+';

--$11,221,457 class J 'BBB';

--$19,273,912 class K 'BBB-'.

All classes are privately placed pursuant to rule 144A of the Securities Act of 1933. The certificates represent beneficial ownership interest in the trust, primary assets of which are 18 floating rate loans having an aggregate principal balance of approximately $912,308,617, as of the cutoff date.

For a detailed description of Fitch's rating analysis, see the report titled 'Banc of America Large Loan, Inc., Series 2004-BBA4 (US CMBS)' dated Nov. 9, 2004 and available on the Fitch Ratings web site at www.fitchratings.com.