Fitch Rates Virginia's $45MM GOs 'AAA'; Outlook Stable

NEW YORK--(Business Wire)--
Fitch Ratings has assigned 'AAA' ratings to the Commonwealth of Virginia's
general obligation (GO) bonds as follows:

--$21,285,000 GO bonds, series 2009E-1;

--$23,715,000 GO bonds, series 2009E-2.

The Rating Outlook is Stable.

Proceeds from the bonds will finance certain Commonwealth new money capital
projects. The bonds comprising the two series listed above were originally
expected to be offered as part of the Commonwealth's GO bonds, series 2009B,
rated by Fitch on Sept. 24, 2009. Fitch further notes these series may be sold
as Build America Bonds (BABs). The bonds are expected to be offered
competitively on Oct. 7, 2009. For more information on the Commonwealth, please
see Fitch press release dated Sept. 24, 2009, available at www.fitchratings.com.

Additional information is available at 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 Ratings, New York
Kenneth T. Weinstein, 212-908-0571
Karen Krop, 212-908-0661
or
Media Relations:
Cindy Stoller, 212-908-0526
Email: cindy.stoller@fitchratings.com

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