Page 1 of 1 ------------------------------------------------------------------- ------------- This memorandum is based on information generally available to the public from sources believed to be reliable. No representation is made that it is accurate...Securities Agreement • October 14th, 2005 • Bear Stearns Commercial Mortgage Securities Inc • Asset-backed securities
-------------------------------------------------------------------------------- This memorandum is based on information generally available to the public from sources believed to be reliable. No representation is made that it is accurate or complete. Certain assumptions may have been made in this analysis which have resulted in any returns detailed herein. No representation is made that any returns indicated will be achieved. Changes to the assumptions may have a material impact on any returns detailed. Past performance is not necessarily indicative of future returns. Price and availability are subject to change without notice. The foregoing has been prepared solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy. Morgan Stanley & Co. Incorporated, Morgan Stanley & Co. International Limited, Morgan Stanley Japan Ltd. and/or their affiliates may ha
