Fitch Ratings Affirms Bear Stearns Series 2004-ESA

Fitch Ratings has affirmed Bear Stearns Commercial Mortgage Securities, series 2004-ESA, as follows:

--$103.5 million class A-3 at 'AAA';

--Interest-only class X-1 at 'AAA';

--$80.0 million class B at 'AAA';

--$96.0 million class C at 'AAA';

--$65.0 million class D at 'AAA';

--$128.0 million class E at 'AAA';

--$43.0 million class F at 'AAA';

--$43.0 million class G at 'AAA';

--$40.0 million class H at 'AAA'; and

--$67.0 million class J at 'AAA'.

Classes A-1, A-2, and K have paid in full.

The affirmations are due to the full defeasance of the loan, which closed on Aug. 24, 2006.

The loan continues to perform under the terms of the defeasance.

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