Press Releases

NEW YORK--(BUSINESS WIRE)-- Link to Fitch Ratings' Report: REITs in Brief

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=671534

Fitch Ratings has published its inaugural edition of 'REITs in Brief,' a publication that highlights the week that was within Fitch's rated-REIT universe.

The new publication summarizes Fitch's REIT research and provides commentary on activity within the REIT sector. Additionally, 'REITs in Brief' references the work of our colleagues across Fitch that may be of interest to broader commercial real estate participants.

Included in 'REITs in Brief' is a summary of issuers with significant divergences between Fitch's Issuer Default Rating (IDR) and Fitch's Market Implied Ratings (MIRs). MIRs can be relevant for portfolio management, buy/sell decisions, and early warnings of credit events. The highlighted MIRs can be a catalyst for dialogue with Fitch's REIT analysts whose independence and access provides market participants unparalleled perspectives on the issuers and sectors.

The latest 'REITs in Brief' is available at 'www.fitchratings.com'

Additional information is available on 'www.fitchratings.com'.

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE '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 RatingsSteven Marks, +1-212-908-9161Managing Director, Head of U.S. REITsFitch, Inc.One State Street PlazaNew York, NY 10004orBritton Costa, +1-212-908-0524Associate DirectororMedia Relations:Sandro Scenga, +1-212-908-0278Email: sandro.scenga@fitchratings.com

Source: Fitch Ratings

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has placed the following class of LB-UBS Commercial Mortgage Trust, series 2006-C7 on Rating Watch Negative.

--$302 million class A-M 'AAAsf'.

The class has been placed on Rating Watch Negative based on new transfers of top 15 loans into special servicing and an increase in preliminary estimates of expected losses from these loans. Since the last review, five additional loans within the top 15 transferred to special servicing, making seven of the top 15 loans specially serviced.

Fitch expects to resolve the Rating Watch status upon a complete review of the transaction within the next couple months, and include an analysis of updated valuations and performance data. Fitch expects class A-M could be downgraded multiple categories given the high percentage of expected losses coupled with limited subordination of the remaining classes.

Additional information on Fitch's amended criteria for analyzing U.S. fixed rate CMBS is available in the Dec. 21, 2011 report, 'Surveillance Methodology for U.S. Fixed-Rate CMBS Transactions,' which is available at 'www.fitchratings.com' under the following headers:

Structured Finance >> CMBS >> Criteria Reports

Additional information is available at 'www.fitchratings.com'. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.

Applicable Criteria and Related Research:

--'Global Structured Finance Rating Criteria' (Aug. 4, 2011);

--'Surveillance Methodology for U.S. Fixed-Rate CMBS Transactions' (Dec. 21, 2011).

Applicable Criteria and Related Research:

Global Structured Finance Rating Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=646569

Surveillance Methodology for U.S. Fixed-Rate CMBS Transactions

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=662869

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE '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 RatingsPrimary AnalystDavid Ro, +1-312-368-3132Associate DirectorFitch, Inc.70 W. Madison StreetChicago, IL 60602orCommittee ChairpersonMary MacNeill, +1-212-908-0785Managing DirectororMedia RelationsSandro Scenga, +1-212-908-0278 (New York)sandro.scenga@fitchratings.com

Source: Fitch Ratings

VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 02/10/12 -- NGEx Resources Inc. (TSX: NGQ) ("NGEx" or the "Company") is pleased to report that Ms. Antonietta Vodola has been appointed Corporate Secretary of the Company effective immediately.

Ms. Vodola also serves as Corporate Secretary of Fortress Minerals Corp. and Assistant Corporate Secretary of ShaMaran Petroleum Corp. and has previously acted as Corporate Secretary for several TSX Venture Exchange listed companies. From April, 2005 until June 2011, Miss Vodola was a Securities Paralegal with the law firm of Gowling Lafleur Henderson LLP and prior, a Securities Paralegal with the law firm of Morton & Company, and Mcorp Investment Group.

On behalf of the Board,

Wojtek Wodzicki, President and CEO

Contacts:
NGEx Resources Inc.
Sophia Shane
Corporate Development
(604) 689-7842
(604) 689-4250 (FAX)
ngexresources@namdo.com
www.ngexresources.com

Source: NGEx Resources Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 10, 2012) - NGEx Resources Inc. (TSX:NGQ) ("NGEx" or the "Company") is pleased to report that Ms. Antonietta Vodola has been appointed Corporate Secretary of the Company effective immediately.

Ms. Vodola also serves as Corporate Secretary of Fortress Minerals Corp. and Assistant Corporate Secretary of ShaMaran Petroleum Corp. and has previously acted as Corporate Secretary for several TSX Venture Exchange listed companies. From April, 2005 until June 2011, Miss Vodola was a Securities Paralegal with the law firm of Gowling Lafleur Henderson LLP and prior, a Securities Paralegal with the law firm of Morton & Company, and Mcorp Investment Group.

On behalf of the Board,

Wojtek Wodzicki, President and CEO

FOR FURTHER INFORMATION PLEASE CONTACT:
        NGEx Resources Inc.
        Sophia Shane
        Corporate Development
        (604) 689-7842
        Fax: (604) 689-4250(FAX)
        ngexresources@namdo.com
        www.ngexresources.com

Source: NGEx Resources Inc.