Article: Six Classes of Mountain Capital CLO II LTD. Affirmed By Fitch Ratings.

Business Editors

CHICAGO--(BUSINESS WIRE)--June 25, 2003

Fitch Ratings has affirmed six classes of notes issued by Mountain Capital CLO II LTD., (Mountain II). These affirmations are the result of Fitch's annual review process. The following rating actions are effective immediately:

-- $325,000,000 class A-1 notes 'AAA';

-- $45,000,000 class A-2 notes 'AAA';

-- $50,000,000 class A-3 notes 'AA-';

-- $25,000,000 class A-4 notes 'A-';

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