Fitch Withdraws TERI Ratings

2008-05-09 23:30:07 -

- Fitch Ratings has withdrawn The Education Resources Institute, Inc.'s (TERI) ratings. Fitch will no longer provide rating coverage of TERI.

Fitch has withdrawn the following ratings:

The Education Resources Institute, Inc. (TERI)

--Insurer Financial Strength (IFS) at 'C';

--Issuer Default Rating (IDR) at 'D'.

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.

Fitch Ratings, Chicago
Gretchen K. Roetzer, 312-606-2327
Brian C. Schneider, CPA, CPCU, 312-606-2321
or
Media Relations:
Kenneth Reed, 212-908-0540, New York