Research Update: Mizuho Corporate Bank Ltd. Assigned 'C+' Bank Fundamental Strength Rating Jul 05

Standard & Poors, July 2005

Abstract
On July 11, 2005, Standard & Poor's Ratings Services assigned its 'C+' bank fundamental strength rating to Mizuho Corporate Bank Ltd. Mizuho Corporate Bank Ltd. Counterparty credit rating A/Stable/A-1 BFSR C+...

Companies mentioned in this report are:
- Mizuho Corporate Bank Ltd.

Action: New Rating

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.

- Mizuho Corporate Bank Ltd.

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