| FITCH | FROM | TO |
| UPGRADES | ||
| Devon Energy sr. unsec. | BBB+ | A- |
| Santa Fe Snyder unsec. | BBB+ | A- |
| Santa Fe Snyder sr. sub. | BBB- | BBB |
| Summit Bancorp long-term sr. | A | A+ |
| Summit Bank long-term sr. | A | A+ |
| Summit Bank short-term | F1 | F1+ |
| DOWNGRADES | ||
| Finova Capital sr. unsec. | CC | DD |
| MOODY'S | ||
| UPGRADES | ||
| Aventis sr. unsec., sr. unsec. MTN | A3 | A2 |
| Banco Sud Americano sub. | Baa3 | A2 |
| CVS sr. unsec. MTN | A3 | A2 |
| Marion Merrell Dow backed sr. unsec. | A3 | A2 |
| Rhone-Poulenc Commercial Finance backed sr. unsec. MTN | A3 | A2 |
| Rhone-Poulenc Rorer sr. sec. | A3 | A2 |
| Tuboscope sr. unsec. | Ba1 | Baa2 |
| DOWNGRADES | ||
| Auburn Hills Trust backed sr. unsec. | A2 | A3 |
| Centaur Mining & Exploration backed sr. sec. | Caa1 | Ca |
| Chrysler Corporation sr. unsec. | A2 | A3 |
| DaimlerChrysler sr. unsec. | A2 | A3 |
| DaimlerChrysler sub. | A3 | Baa1 |
| DaimlerChrysler Australia/Pacific backed sr. unsec., backed sr. unsec. MTN | A2 | A3 |
| DaimlerChrysler Canada Finance backed sr. unsec., backed sr. unsec. MTN | A2 | A3 |
| DaimlerChrysler Coordination backed sr. unsec., backed sr. unsec. MTN | A2 | A3 |
| DaimlerChrysler International backed sr. unsec., backed sr. unsec. MTN | A2 | A3 |
| DaimlerChrysler Japan backed sr. unsec., backed sr. unsec. MTN | A2 | A3 |
| DaimlerChrysler Luxembourg Capital backed sr. unsec. | A2 | A3 |
| DaimlerChrysler Luxembourg Finanz backed sr. unsec. | A2 | A3 |
| DaimlerChrysler Holding sr. usnec., backed sr. unsec., backed sr. unsec. MTN | A2 | A3 |
| DaimlerChrysler UK Holding backed sr. unsec., backed sr. unsec. MTN | A2 | A3 |
| Fleetwood Enterprises sub. | Va3 | B3 |
| Gunma Bank sr. unsec. | A2 | A3 |
| Loral Space & Communications sr. unsec. | B1 | B3 |
| Neff Corporation sr. sub., backed sr. sub. | B3 | Caa2 |
| Orion Network Systems sr. unsec. | B2 | Ca |
| Pen Holdings sr. unsec. | B2 | B3 |
| Silverleaf Resorts sr. sub. | B3 | Ca |
Rating Game (February 23, 2001 -- March 1, 2001)