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To the extent the work stoppage forces the cancellation of games
for the 2005-2006 NHL season, a downgrade of Denver Arena Trust's
rating , as well as other similar sports arena debt issues is likely. corporation with offices in the
metropolitan areas of Seattle, San Francisco, San Diego, and Los Angeles, USA;
London and Manchester, England; Shanghai and Beijing, China; and Seoul, Korea.

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Fitch Places Denver Arena Trust -- Pepsi Center -- Colorado on Rating Watch Negative

com's and NFL.com and NFL.

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http://cbs.

About MFORMA Group, Inc. For more information about CBS SportsLine.sportsline .

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11, Fitch determined that the complete cancellation
of the 2004-2005 National Hockey League (NHL ) season would undoubtedly
weaken all currently rated sports arena debt associated with an NHL
team . (Qwest) and the Coors Brewing Company, and from
luxury suite license revenues of the Pepsi Center 's 94 luxury suites. professional sports leagues since 1990 and publicly
rates the NFL and MLB. The application is
currently available from all major North American wireless carriers and can
also be purchased online at CBS SportsLine. CBS SportsLine.

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On Wednesday, Feb.
Furthermore, since the Pepsi Center's opening, the arena has had
strong revenue generation and sound debt service coverage and while
there may be lower revenues in the short term, debt service coverage
during this period is expected to be adequate at this rating level.

com and
NFL. Fantasy football team owners can do
everything to manage their teams from their mobile phones just as they can
online, and it is the easiest and fastest way to get accurate, customized and
timely live fantasy football information .com.com

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com or NFL.com, a
leading Internet sports media organization and the world's preeminent provider
of online fantasy sports. Information delivered to
users is extremely accurate, delivered straight from CBS SportsLine.

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In a press
release dated Feb. Although numerous proposals were
submitted from Bettman and the NHLPA's executive director Bob Goodenow
since the beginning of the work stoppage in September and several
concessions were given from both sides, a final deal failed to come to
fruition .
Fitch has reviewed over $10 billion in sports-related debt in the
four major U. Whether it's a casual check of their fantasy teams'
scoring, or the need to make roster changes in response to breaking news, the
Fantasy Football Companion fulfills a real need for our dedicated fantasy
football audience.

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com.com. MFORMA's customers include more than 100 of the
world's leading wireless carriers .com
CBS SportsLine.com

Candice Yusim
mPRm
+1-323-933-3399 x239
cyusim@mprm.

broadcasts players

Denver Arena Trust is currently rated 'A'.com
+1-954-489-4000 x 7535
ariethmiller@cbs.

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Work stoppage risk is among the major credit challenges associated
with sports finance debt, and this risk has been reflected in all
Fitch sports ratings., the leading
global publisher and distributor of mobile entertainment, has released a new
version of the hit mobile application that lets users manage their fantasy
football teams from their mobile phones in real time. We are pleased that MFORMA has built the Fantasy Football
Companion to truly integrate with the online version and with a user interface
that is very easy to learn and use.

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MFORMA's carrier-grade platform manages the delivery of downloadable games and
applications for some of the world's largest carriers . With MFORMA, wireless
operators can choose to utilize any or all of the MFORMA resources-tools,
platforms and/or content.mforma.

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Manage Your CBS SportsLine. Essentially a full-featured mobile
extension of CBS SportsLine.com and NFL.com is a member of the Viacom family and
a part of CBS Digital Media .

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Business Editors

NEW YORK----Fitch Ratings has placed
the approximately $110,000,000 outstanding Denver Arena Trust (Pepsi
Center, Denver) arena-revenue notes, series 1999, on Rating Watch
Negative.com fantasy football participants. "It connects users in real-time with their online fantasy leagues,
providing a truly integrated experience.com subscribers will love this mobile
application ," said Steve Snyder, senior vice president and general manager,
CBS SportsLine. In addition to the industry's most
comprehensive catalog of BREW, Java, SMS, MMS, and WAP games, MFORMA also
provides sports, lifestyle, and information services subscription products.com is at the leading edge of media companies providing
Internet sports content, Fantasy sports and e-commerce.

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Additional bondholder security is provided through the debt service
reserve fund, which has one full year of required interest payments,
and each luxury suite maintains one-half year of payments as a deposit
against breach of contract.S.com.

ice nhl

The Pepsi Center is currently the home of the NHL's Colorado
Avalanche and NBA 's Denver Nuggets and annually hosts a number of
concerts and other events. 16 the NHL's
commissioner Gary Bettman announced the cancellation of the NHL's
2004-2005 season after the NHL and the National Hockey League Players'
Association (NHLPA) were unable to reach common ground regarding a new
collective bargaining agreement. To the extent the work stoppage
continues for more than one year, there may be a reduction in the
future value of certain contractually obligated revenue (COR)
agreements such as the luxury suites and sponsorship agreements that
support debt payments. Specifically, some revenue agreements that are the basis
for the COR supporting the debt service payments require payment , even
if games are cancelled due to a work stoppage. Fantasy Football
Companion is produced by MFORMA in partnership with CBS SportsLine."
Fantasy Football Companion by CBS SportsLine.
MFORMA is a leading global publisher and distributor of mobile
entertainment.S.

Sites about the National Hockey League (NHL), NHL teams' official pages, fan pages, news and media, schedules, players and statistics.

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Work stoppages in
professional sports have the potential to alienate a sport's fan base,
as evidenced by the significantly lower attendance and weaker
television ratings immediately after Major League Baseball's (MLB)
last work stoppage in 1994-1995 (MLB's leaguewide securitization
facility is rated 'A-' by Fitch). For this new version of the Fantasy Football
Companion, CBS SportsLine.com has partnered with the NFL to co-brand the
product and make it available to the millions of CBS SportsLine.com's Fantasy Football Companion is the only product of
its kind in the market today," said Dan Kranzler, MFORMA founder and executive
chairman. In
addition to the live scoring and statistics, users can view player profiles,
news headlines and injury reports, move players to injured reserve, or add and
drop players as necessary. It is a perfect application for mobile and
a necessary extension to our online fantasy football products.

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However, Fitch notes
there are various provisions within each contract that allow Denver
Arena Trust to reimburse, at their discretion , on a pro-rata share,
revenues received by suiteholders, agreements, and other contracts. "Fantasy Football Companion gives team owners the ability
to participate in their fantasy football leagues whenever and wherever the
need or mood strikes.com/wireless/football/companion . MFORMA provides wireless operators and their customers with the
world's best content and brands, and provides developers and brand owners with
the shortest route to market.com and
for the latest sports news, scores and expert analysis, please visit
cbs.

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Bondholder security is derived from the assigned revenue
rights from the Pepsi Center's naming rights agreement with PepsiCo,
Inc., from the founding partner agreements with Qwest Communications
International, Inc. Although the Pepsi Center continues to host a
solid number of sporting events such as NBA games, and other events,
such as concerts and family shows, some generalizations regarding the
effects of work stoppages should be noted.com Fantasy Football Team Directly From
Your Mobile Phone

SAN FRANCISCO, MFORMA Group, Inc. Subscribers can also
view all competing teams and match-up comparisons and use the Player Search
function to run queries on all teams, players and positions.

CONTACT:
Kimberly Tassin
MFORMA
+1-206-654-1001
ktassin@mforma.com

Alex Riethmiller
CBS SportsLine.

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com's online fantasy football
leagues, Fantasy Football Companion is tightly integrated with the online
version and lets subscribers fully manage and manipulate their lineups,
including player adds and drops, anytime, anywhere.com was developed through the
collaboration of MFORMA, CBS SportsLine.

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In addition to its
flagship service, the company publishes the official Web sites of the NFL, PGA
TOUR and NCAA Sports.

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The Denver Arena Trust is the obligor for all debt-service
payments. The Free Agent board provides detailed stats of all
players who can be added dynamically to active rosters.

live fantasy

Short-term protection of debt service payment is usually afforded
to bondholders in sports transactions and is the case with the Denver
Arena Trust.

MFORMA Makes Your Football Dreams Come True With Fantasy Football Companion by CBS SportsLine .com

"CBS SportsLine. MFORMA is a U.

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"CBS SportsLine."
Fantasy Football Companion features a scrolling ticker that provides live
team and fantasy player statistics for every player .com and NFL.com.sportsline.