Fitch Upgrades Illinois Finance Auth (ComEd) VRBs Series 2008D & E

NEW YORK--(Business Wire)--
Fitch Ratings has taken the rating actions on the following Illinois Finance
Authority pollution control revenue refunding bonds (Commonwealth Edison Company
Project) bonds:

--$50,000,000 series 2008 D upgraded to 'AA-/F1+' from 'A-/F1';

--$49,830,000 series 2008 E upgraded to 'AA-/F1+' from 'A-/F1';

--$91,000,000 series 2008 F confirmed at 'AA-/F1+'.

On the effective date of May 28, 2009, the ratings will be based on the
substitute irrevocable letters of credit (LOC) issued by the JPMorgan Chase
Bank, N.A., which will replace SunTrust Bank as the provider of the LOCs
supporting the series 2008 D & E bonds and also replace The Bank of Nova Scotia
as the provider of the LOC supporting the series 2008 F bonds. Merrill Lynch
will remain as remarketing agent for the bonds.

The ratings will expire upon the earliest of: Feb. 4, 2011, the stated
expiration date of the substitute LOCs, unless such date is extended, any prior
termination of the substitute LOCs, or defeasance of the bonds.

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, New York
Mario Civico, +1-212-908-0796
Media Relations:
Cindy Stoller, +1-212-908-0526
cindy.stoller@fitchratings.com

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