Correction: Fitch Affirms 6 Classes of CapitalSource Commercial Loan Trust 2005-1.

NEW YORK -- (This is an amended version of a press release issued yesterday. The class A-2 notes are being affirmed at 'AAA', not 'AA'.)

Fitch Ratings has affirmed six classes of notes issued by CapitalSource Commercial Loan Trust 2005-1 (CapitalSource 2005-1). The following rating actions are effective immediately:

--$18,470,842 class A-1 at 'AAA';

--$468,750,000 class A-2 at 'AAA';

--$34,071,388 class B at 'AA';

--$56,217,789 class C at 'A';

--$34,071,388 class D at 'BBB';

--$39,182,096 class E at 'BB'.

CapitalSource 2005-1 is a collateralized loan obligation (CLO) that closed on April 14, 2005 and is managed by CapitalSource Finance LLC. CapitalSource 2005-1 has a static portfolio of high-yield loans made to middle market U.S. businesses, a majority of which is privately owned. The current portfolio is made up of a majority of senior secured loans, while the remaining portfolio consists of subordinate, unsecured, and B loans. Substitution is limited to defined circumstances not to exceed 20% of the original portfolio balance, but there have been no substitutions of loans to date.

The affirmations are the result of unchanged credit enhancement levels since close, due to the pro rata pay structure of the deal. As of the most recent servicer report dated May 21, 2006, approximately 45.5% of the capital structure has been redeemed, leaving $681.4 million in collateral assets to cover $650.8 million in rated liabilities. The weighted average loan rating indicated mild credit deterioration, but this deterioration was well defined within Fitch's expectations. In addition, the loans remain relatively stable, with no loan delinquencies in the current portfolio.

The ratings of the class A-1 and A-2 notes address the likelihood that investors will receive full and timely payments of interest, as well as the stated balance of principal by the legal final maturity date, as per the governing documents. The ratings of the class B, C, D and E notes address the likelihood that investors will receive ultimate and compensating interest payments, as well as the stated balance of principal by the legal final maturity date, as per the governing documents.

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.