Fitch Withdraws Ratings on Newcourt Street Finance Limited.

CHICAGO -- Fitch Ratings has withdrawn the following ratings without resolving the Rating Watch Negative status for Newcourt Street Finance Limited, effective immediately:

--EUR35,000,000 class A-1 notes 'AAA';

--EUR45,000,000 class A-2 notes 'AAA';

--EUR45,000,000 class B notes 'AA+';

--EUR39,000,000 class C notes 'AA';

--EUR33,000,000 class D notes 'AA-';

--EUR30,000,000 class E notes 'A';

--EUR15,000,000 class F notes 'A-';

--EUR15,000,000 class G notes 'BBB';

--EUR12,600,000 class H notes 'BB+'.

The issuer announced noteholder approval removing Fitch as a rating agency from certain documents of the transaction. As a result of this amendment, Fitch does not expect to receive future reporting for this transaction.

Fitch is unable to resolve the Rating Watch Negative that was placed on the notes on June 27, 2008 before withdrawal. This is because the manager, KBC Financial Products, is no longer willing to provide updated information on Newcourt Street Finance to Fitch. Fitch lacks sufficient information to give a fully informed opinion and thus resolve the current Rating Watch Negative status of the ratings.

Fitch's policy on withdrawing ratings is to take into consideration whether it has access to sufficient information in assessing the credit quality of the notes. If Fitch decides to cease providing ratings, it will withdraw the ratings using the most current methodology and opinion on the credit risk of the notes. In this case, Fitch has decided to withdraw its ratings on these notes without resolving the Rating Watch Negative status.

Fitch released its updated criteria for corporate CDOs on April 30, 2008.

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.