| UPGRADES & DOWNGRADES HISTORY |
| Date | Research Firm | Action | From | To | | 18-Dec-08 | UBS | Initiated | | Sell | | 14-Jan-08 | Credit Suisse | Downgrade | Outperform | Underperform | | 31-Aug-07 | Bear Stearns | Downgrade | Outperform | Peer Perform | | 31-Oct-06 | Goldman Sachs | Initiated | | Neutral | | 1-Jul-05 | Deutsche Securities | Initiated | | Buy | | 23-Jun-05 | CSFB | Initiated | | Outperform | | 17-Jun-05 | Morgan Stanley | Initiated | | Underweight | | 16-Jun-05 | Bear Stearns | Initiated | | Outperform |
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| Current Month | Last Month | Two Months Ago | Three Months Ago | | Strong Buy | 0 | 0 | 0 | 0 | | Buy | 0 | 0 | 0 | 0 | | Hold | 2 | 2 | 2 | 2 | | Underperform | 5 | 5 | 5 | 5 | | Sell | 0 | 0 | 0 | 0 |
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