DBRS: Universities

DBRS Rates University of Toronto�s Series E Re-Opening at AA	Feb 3, 2012
DBRS Confirms Simon Fraser University at AA (low), Stable Trend	Jan 30, 2012
DBRS 2011 Corporate Year in Review: �Surprisingly Neutral Performance�	Jan 10, 2012
DBRS Updates Canadian University Peer Comparison	Dec 14, 2011
DBRS Confirms University of Guelph at �A,� Stable Trend	Dec 14, 2011
DBRS Rates University of Toronto�s $100 Million Series E Senior Unsecured Debentures AA	Dec 2, 2011
DBRS Round Table Consensus: Canada Not Immune to Sovereign Debt Fallout	Dec 1, 2011
DBRS Updates Canadian University Peer Comparison	Nov 3, 2011
DBRS Confirms University of Toronto at AA, Trend Stable	Nov 3, 2011
DBRS Credit Luncheons: Key Themes Highlighting Canadian and Global Credit Risks and Trends	Oct 28, 2011

Issuer	Debt Rated	Action	Rating	Trend	Date
Simon Fraser University	Senior Unsecured Debt	Confirmed	AA (low)	Stb	Jan 30, 2012
Guelph, University of	Senior Unsecured Debt	Confirmed	A	Stb	Dec 14, 2011
Toronto, University of	Senior Unsecured Debentures	Confirmed	AA	Stb	Nov 3, 2011
Queen's University	Senior Unsecured Debt	Confirmed	AA	Stb	Oct 13, 2011
York University	Senior Unsecured Debentures	Confirmed	AA (low)	Stb	Sep 28, 2011
Universit� du Qu�bec � Montr�al	Senior Unsecured Debentures	Upgraded	A (low)	Stb	Aug 17, 2011
McMaster University	Senior Unsecured Debt	Confirmed	AA (low)	Stb	May 31, 2011
Windsor, University of	Senior Unsecured Debentures	Confirmed	A (high)	Stb	May 16, 2011
Concordia University	Senior Unsecured Debt	Confirmed	A	Stb	Apr 1, 2011
University of Ontario Institute of Technology	Series A Senior Unsecured Debentures	Confirmed	BBB (high)	Stb	Apr 1, 2011

DBRS Corporate 2011 Year in Review and 2012 Outlook	Jan 10, 2012
The Canadian Short-Term Debt Market � 2010	Apr 7, 2011
2010 DBRS Corporate Rating Transition and Default Study	Mar 31, 2011
DBRS Corporate 2010 Year in Review and 2011 Outlook	Jan 20, 2011
Canadian Private Pension Plans in 2009 � Performance Maintained, Challenges Remain	Jun 17, 2010
The Canadian Short-Term Debt Market - 2009	Apr 14, 2010
DBRS Corporate 2009 Year in Review and 2010 Outlook	Feb 3, 2010
Great Recession: 2010 & Beyond Outlook: Presentation Slides	Oct 27, 2009
The Canadian Short-Term Debt Market - 2008	Apr 29, 2009
2008 DBRS Corporate Rating Transition and Default Study	Mar 31, 2009