NEW YORK (Standard & Poor's) July 25, 2007--Standard & Poor's Ratings Services 
today assigned its preliminary ratings to Lehman Brothers Floating Rate 
Commercial Mortgage Trust 2007-LLF C5's $2.478 billion commercial mortgage 
pass-through certificates series 2007-LLF-C5 (see list).
     The preliminary ratings are based on information as of July 25, 2007. 
Subsequent information may result in the assignment of final ratings that 
differ from the preliminary ratings.
     The preliminary ratings reflect the credit support provided by the 
subordinate classes of certificates, the liquidity provided by the trustee, 
the economics of the underlying mortgage loans, and the geographic and 
property type diversity of the loans. Standard & Poor's analysis determined 
that, on a weighted average basis, the trust pool has a debt service coverage 
of 1.23x based on a weighted average stressed constant of 9.74%, and a 
beginning and ending LTV of 67.6%.
     A copy of Standard & Poor's complete presale report for this transaction 
can be found on RatingsDirect, the real-time Web-based source for Standard & 
Poor's credit ratings, research, and risk analysis, at www.ratingsdirect.com. 
The presale report can also be found on Standard & Poor's Web site at 
www.standardandpoors.com. In the left navigation bar, select Ratings, then 
Structured Finance, and then Real Estate Finance. Finally, click on the 
Reports tab to locate the article.
    
    
    
PRELIMINARY RATINGS ASSIGNED
Lehman Brothers Floating Rate Commercial Mortgage Trust 2007-LLF C5
   
Class        Rating        Amount ($)   Recommended credit
                                               support (%)
Pool certificates
A-1          AAA        1,419,860,000               38.403
A-2          AAA          473,287,000               17.871
A-3          NR            81,899,000                  N/A
X-1*         AAA        2,305,090,000                  N/A
X-2*         AAA        2,305,090,000                  N/A
B            AA            53,422,000               12.000
C            AA-           48,992,000                9.875
D            A+            31,694,000                8.500
E            A             28,813,000                7.250
F            A-            28,813,000                6.000
G            BBB+          28,813,000                4.750
H            BBB           51,864,000                2.500
J            BBB-          57,633,000                0.000
Total rated 
   amount    -          2,305,090,000                    -
Junior nonpool certificates
CGC**        NR             6,210,000                  N/A
CPE**        NR             4,000,000                  N/A
CQR-1**      NR             2,700,000                  N/A
CQR-2**      NR             4,000,000                  N/A
DMC-1**      BBB            3,260,000                  N/A
DMC-2**      BBB-           2,640,000                  N/A
FBS-1**      BBB            2,640,000                  N/A
FBS-2**      BBB-           3,760,000                  N/A
FTC-1**      A              3,180,000                  N/A
FTC-2**      BBB-           3,320,000                  N/A
HAR-1**      NR             2,600,000                  N/A
HAR-2**      NR             2,400,000                  N/A
HRH**        BBB-           2,900,000                  N/A
HSS**        NR             3,100,000                  N/A
INO**        NR             3,000,000                  N/A
JHC**        NR             7,500,000                  N/A
LCC**        BBB-           4,500,000                  N/A
MVR**        NR             3,100,000                  N/A
NOP-1**      A-             5,170,000                  N/A
NOP-2**      BBB            3,330,000                  N/A
NOP-3**      BBB-           4,000,000                  N/A
OCS**        NR             5,700,000                  N/A
ONA**        BBB-           3,800,000                  N/A
OWS-1**      NR             4,230,000                  N/A
OWS-2**      NR             4,200,000                  N/A
PHO**        NR             8,420,000                  N/A
SBG**        NR             3,900,000                  N/A
SFO-1**      NR             9,400,000                  N/A
SFO-2**      NR             7,500,000                  N/A
SFO-3**      NR             7,400,000                  N/A
SFO-4**      NR             8,800,000                  N/A
SFO-5**      NR             8,600,000                  N/A
TSS-1**      BBB            3,200,000                  N/A
TSS-2**      BBB-           2,200,000                  N/A
UCP**        NR             6,500,000                  N/A
VIS**        BBB-           4,400,000                  N/A
WHH**        NR             7,800,000                  N/A
   
*Interest-only class with a notional amount. **Loan-specific class. N/A--Not 
applicable.. NR--Not rated.

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