Press Release

DBRS Releases Report on The Bear Stearns Companies Inc.

Non-Bank Financial Institutions
June 01, 2007

DBRS has today released a report on The Bear Stearns Companies Inc. (the Company). The report provides further detail on the recent trend change of the Company’s long-term ratings to Positive from Stable.

To obtain a copy of the full, report please click on the link below or contact us at info@dbrs.com.

DBRS’s April 24, 2007, press release announcing the trend change and DBRS’s May 21, 2007, press release confirming the Company’s ratings and the Positive trend can also be accessed by clicking on the links below or by contacting us at info@dbrs.com.