Business Editors

NEW YORK----Fitch upgrades Lehman
Brothers floating-rate commercial mortgage pass-through certificates,
series 2000-LLF C7, as follows:

$25.7 million class H at 'BBB+';

$12.

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41 billion from $1. Fitch will review the year-end 2004
performance data when it becomes available.

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Classes J-BO, K-BO, L-BO, J-CW, K-CW, L-CW, L -BL, and V are not
rated by Fitch.
As of the May 2005 distribution, the total principal balance has paid
down by 95. The borrower is
actively marketing the vacant space in an effort to stabilize net cash
flow. The loan remains current.

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2 million class A-1 at 'AAA';

$90 million class A-2 at 'AAA';

$132.6 million class Q at 'B';

$1.2%) in special servicing which is
secured by a 117,103 square foot office building located in Norwalk,
CT.

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The following classes are affirmed by Fitch:

-- Interest only class X-2 at 'AAA';

-- $3.65x at issuance.8 million class S at 'B-';

$3. As of June 2004 , the property was 34% occupied.

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Fitch Ratings Upgrades Lehman Brothers 2000-LLF C7

3 million class M at 'BB';

$7.5%) have performed
at or better than at issuance.

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9%),
Hamilton Mall (5.

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8 million class L to 'AAA' from 'BB+';

$25.
The Boykin Hotel Portfolio loan, the only loan remaining in the
pool, is collateralized by six full-service/limited service hotels.
As part of its analysis, Fitch reviewed the five credit assessed
loans (44.

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2% since issuance.2% from TTM April 30, 2004.

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6 million class P at 'B';

-- $1.

Fitch Ratings Affirms LB-UBS Series 2002-C4

7 million class J at 'BBB';

$12.

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9% since TTM April 2004.3 million class P or the $16. As of the January 2005 distribution,
the pool's aggregate principal balance has been reduced by 3.46 billion at issuance.4%), 1166 Avenue of the Americas (5.

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6 million class N at 'B+';

-- $3.8 million class S at 'B-';

-- $1.
The net cash flow (NCF) for the trailing 12 months (TTM) ended Feb.3 million class N at 'BB-';

$3.
The rating affirmations reflect the stable pool performance and
minimal paydown since issuance.

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3%), 605 Third Avenue (11.

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The loan matures July 2005.9 million class G at 'A-';

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18 times (x), compared with 1.7 million class E at 'A+';

$16.6 million class T at 'CCC'.
Currently, there is one loan (0.

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4 million class T at 'B-';

-- $1.02x for TTM
April 30, 2004 and 1.

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4 million class U at 'CCC'. BO classes relate to the Boykin loan.5 million class A-5 at 'AAA';

Interest-only classes X-CL, X-CP and X-VF at 'AAA';

$18.

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2 million class M to 'BB-' from 'B+'.8 million class Q at 'B-';

-- $1.
The current Fitch DSCR was 1. The TTM Feb .

Fitch does not rate the $7. Westfield Shoppingtown Valley Fair Mall
(20.

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The following classes have been repaid in full: A, X-1, B, C, D,
E, F, G, H, J, and K.

Business Editors

NEW YORK----Fitch Ratings affirms
LB-UBS Commercial Mortgage Trust commercial mortgage pass -through
certificates, series 2002-C4 as follows:

$46.8 million class A-3 at 'AAA';

$86 million class A-4 at 'AAA';

$850.2 million class B at 'AA+';

$20 million class C at 'AA';

$20 million class D at 'AA-';

$12.4 million
class U certificates.4%), and the Horizon Portfolio (1.

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The upgrades are due to the increased credit enhancement to the
classes as a result of the repayment of the Francisco Bay Office loan.
28, 2005 for comparable hotels increased 15. 28, 2005 revenue
per available room (RevPAR) increased 9.4 million class F at 'A';

$10 .7 million class K at 'BBB-';

$20 million class L at 'BB+';

$7.2% to
$1.5% of the pool ).