Subject: CMBS Pricing (PRICE)

September 19, 2000 Go To S&P's Presale Report.Go To Moody's Presale Report.LB-UBS Commercial Mortgage Trust 2000-C4ClassAmount($mln)Sub. Level(%)RatingS&PRatingMoody'sAvg.LifePriceTalk(BP)BnchMarkA-117021AAAAaa5.87+30-321-mo. LiborA-2619.321AAAAaa9.45+40-421-mo. LiborB42.516.75AAAa29.7+55 area1-mo. LiborC4012.75AA29.7+68 area1-mo. LiborD12.511.5A-A39.7+78 area1-mo. LiborE7.510.75BBB+Baa19.8+225 areaTreas.F17.59BBBBaa29.8+235 areaTreas.G12.57.75NRBaa3------H22.55.5NRBa1------J12.54.25NRBa2------K7.53.5NRBa3------L7.52.75NRB1------M6.21.75NRB2------N51.25NRB3------P16.2NRNRNR------X*999.1--AAAAaa------* Notional amount, interest only.

September 18, 2000 Morgan Stanley Dean Witter Capital I Trust 2000-PRINClassAmount($mln)Sub. Level(%)RatingMoody'sRatingS&PAvg.LifePricetalk(BP)BnchMarkA-156.113AaaAAA3.4+21-221-mo. LiborA-2160.613AaaAAA5.7+28-291-mo. LiborA-3104.513AaaAAA7.3+33-341-mo. LiborA-419913AaaAAA10.7+42-441-mo. LiborB17.910Aa2AA14.7+63-651-mo. LiborC19.46.75A3A15.8+80 area1-mo. LiborD*10.45Baa2BBB17+260 areaTreas.E*4.54.25Baa3BBB-NANATreas.X**597.98--AaaAAA--NA--* Privately offered.** Interest only.

September 18, 2000 Morgan Stanley Dean Witter Capital I Trust 2000-PRINClassAmount($mln)Sub. Level(%)RatingMoody'sRatingS&PAvg.LifePriced(BP)BnchMarkA-156.113AaaAAA3.4+211-mo. LiborA-2160.613AaaAAA5.7+291-mo. LiborA-3104.513AaaAAA7.3+341-mo. LiborA-419913AaaAAA10.7+441-mo. LiborB17.910Aa2AA14.7+641-mo. LiborC19.46.75A3A15.8+801-mo. LiborD*10.45Baa2BBB17+260Treas.E*4.54.25Baa3BBB-NANATreas.X**597.98--AaaAAA--NA--* Privately offered.** Interest only.

September 14, 2000 Go To Initial Price Talk Table.Banc of America Commercial Mortgage Inc. Series 2000-1ClassAmount($mln)Sub. Level(%)RatingMoody'sRatingS&PAvg.LifePriced(BP)BnchMarkA-1A153.226.25AaaAAA5.5+301-mo. LiborA-2A29926.25AaaAAA8.7+391-mo. LiborA-1B55.626.25AaaAAA2+321-mo. LiborA-2B38.426.25AaaAAA5.5+501-mo. LiborA-3B2026.25AaaAAA7.6+581-mo. LiborB4121Aa2AA9.05+571-mo. LiborC35.116.5A2A9.07+751-mo. LiborD11.715A3A-9.13+871-mo. LiborE27.311.5Baa2BBBNA+250Treas.F11.710Baa3BBB-NA+275Treas.X771.2NAAaaAAA--N/ATreas.

September 12, 2000 Go To Initial Price Talk Table.COMM 2000-C1ClassAmount($mln)Sub. Level(%)RatingFitchRatingS&PAvg.LifeSpread(BP)BnchMarkA-1148.523AAAAAA5.6+301-mo. LiborA-2542.923AAAAAA9.1+391-mo. LiborB38.218.75AAAA9.7+541-mo. LiborC39.314.375AA9.7+681-mo. LiborD13.512.875A-A-9.7+781-mo. LiborE25.810BBBBBB9.7+245Treas.F*11.28.75BBB-NR9.7+270Treas.X**897.9--AAAAAA----Treas.* Privately placed.** Notional amount, interest only.

September 8, 2000 Go To S&P's Presale Report.Banc of America Commercial Mortgage Inc. Series 2000-1ClassAmount($mln)Sub. Level(%)RatingMoody'sRatingS&PAvg.LifeSpread(BP)BnchMarkA-1A153.226.25AaaAAA5.5+28 area1-mo. LiborA-2A29926.25AaaAAA8.7+39 area1-mo. LiborA-1B55.626.25AaaAAA2+32-351-mo. LiborA-2B38.426.25AaaAAA5.5+50-531-mo. LiborA-3B2026.25AaaAAA7.6+58-611-mo. LiborB4121Aa2AA9.05+53 area1-mo. LiborC35.116.5A2A9.07+66 area1-mo. LiborD11.715A3A-9.13+76 area1-mo. LiborE27.311.5Baa2BBBNA+240 areaTreas.F11.710Baa3BBB-NA+265 areaTreas.X*771.2NAAaaAAA--+400 areaTreas.* Interest only, notional amount.

September 6, 2000 Go To Fitch's Presale Report.Go To S&P's Presale Report.COMM 2000-C1ClassAmount($mln)Sub. Level(%)RatingFitchRatingS&PAvg.LifeSpread(BP)BnchMarkA-1148.523AAAAAA5.6+29-301-mo. LiborA-2542.923AAAAAA9.1+39 area1-mo. LiborB38.218.75AAAA9.7+54 area1-mo. LiborC39.314.375AA9.7+68 area1-mo. LiborD13.512.875A-A-9.7+78 area1-mo. LiborE25.810BBBBBB9.7+245 areaTreas.F*11.28.75BBB-NR9.7+270 areaTreas.X**897.9--AAAAAA----Treas.* Privately placed.** Notional amount, interest only.

August 23, 2000 Go To Price Talk Table.Banc of America Large Loan Inc., 2000-WSF-1ClassAmount($mln)Sub. Level(%)RatingS&PAvg.LifePriced(BP)BnchMarkA10035AA4.5+451 mo. LiborB28.645A4.7+751 mo. LiborC35.757.5BBB4.7+1651 mo. LiborD12.762BBB-4.7+1951 mo. Libor

August 23, 2000 Go To S&P's Presale Report.Banc of America Large Loan Inc., 2000-WSF-1ClassAmount($mln)Sub. Level(%)RatingS&PAvg.LifePriceTalk(BP)BnchMarkA10035AA4.5+45 area1 mo. LiborB28.645A4.7+75 area1 mo. LiborC35.757.5BBB4.7+160 area1 mo. LiborD12.762BBB-4.7+195 area1 mo. Libor

August 17, 2000 Go To Price Talk Table.1301 Avenue of the Americas TrustClassAmount($mln)RatingS&PRatingFitchAvg.LifePriced(BP)BnchMarkA-135AAAAAA3.5+104.5 (L+23)Treas.A-2185AAAAAA4.9+124.4 (L+34)Treas.B50AAAA4.9+137.5 (L+47)Treas.C55AA4.9+147.5 (L+57)Treas.D34.6A-A-4.9+157.5 (L+67)Treas.E50.4NRBBBN/AN/A--F30NRBBB-N/AN/A--X*440AAAAAA------