Correction -- Fitch Affirms All Classes of CSFB 2004-TFL2.

NEW YORK -- (This is a correction for a previous message. The text should read 'affirms' not 'upgrades'.)

Fitch Ratings affirms the following classes of CSFB 2004-TFL2:

--$12.2 million class G at 'AAA' ;

--$17.5 million class H at 'AAA";

--$16.5 million class J at 'AAA';

--$15.5 million class K at 'AA+";

--$8.3 million class L at 'AA-' ;

--Interest-only class A-X at 'AAA'.

Classes A-1, A-2, A-Y, B, C, D, E and F have paid in full.

There is one loan remaining in the transaction, Seminole Towne Center in Sanford, FL.

As of the January 2008 distribution date, the transaction has been reduced by 91.7%. The current balance is $70 million, down from $840.3 million at issuance.

Fitch reviewed the September 2007 operating statements for the Seminole Town Center, as well as the September 2007 rent roll and tenant sales reports. The Fitch stressed net cash flow (NCF) for the property has increased by 9.6% since issuance, resulting in a debt service coverage ratio (DSCR) of 1.84 times (x). At issuance, the DSCR on the loan was 1.68x.

Seminole Towne Center is secured by 625,311 square feet (SF) of a 1.1 million SF regional mall. The collateral includes in-line space, and the portion of the anchor space occupied by Macy's and Belk's. Occupancy of the in-line space as of Sept. 30, 2007 was 87.8% with an overall mall occupancy of 95.6%. At issuance, the in-line occupancy was 84.2%.

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.