DLJ CMBS Class Downgraded

Class B-8 of DLJ Commercial Mortgage Corp. commercial mortgage pass-through certificates, series 1999-CG3, has been downgraded from CC to C by Fitch Ratings.The class has a Distressed Recovery rating of DR5. In addition, Fitch upgraded one class in the deal, and the ratings on 14 other classes were affirmed. Fitch said the downgrade was the result of an increase in loss expectations on specially serviced loans. The rating agency can be found on the Web at http://www.fitchratings.com.

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