| UPGRADES & DOWNGRADES HISTORY |
| Date | Research Firm | Action | From | To | | 1-Dec-08 | Friedman Billings | Downgrade | Outperform | Mkt Perform | | 4-Nov-08 | Citigroup | Upgrade | Hold | Buy | | 28-Oct-08 | JP Morgan | Downgrade | Overweight | Neutral | | 21-Aug-08 | Citigroup | Downgrade | Buy | Hold | | 16-Nov-07 | Friedman Billings | Initiated | | Outperform | | 14-Aug-07 | Calyon Securities | Initiated | | Buy | | 23-Jan-07 | JP Morgan | Initiated | | Overweight | | 3-Jan-07 | Wachovia | Initiated | | Outperform | | 3-Jan-07 | Lehman Brothers | Initiated | | Overweight |
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| Current Month | Last Month | Two Months Ago | Three Months Ago | | Strong Buy | 2 | 2 | 3 | 4 | | Buy | 1 | 1 | 1 | 1 | | Hold | 2 | 2 | 1 | 1 | | Underperform | 0 | 0 | 0 | 0 | | Sell | 0 | 0 | 0 | 0 |
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