Filed Pursuant to Rule 433 File No.: 333-127779-04 February 28, 2006 (2) UPDATE to Free Writing Prospectus Dated February 21, 2006 (the "FEB 21 FWP") Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2006-1 The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-294-1322 or you e-mail a request to dg.prospectus_distribution@bofasecurities.com. The securities may not be suitable for all investors. Banc of America Securities LLC and its affiliates may acquire, hold or sell positions in these securities, or in related derivatives, and may have an investment or commercial banking relationship with the issuer. IRS CIRCULAR 230 NOTICE THIS FREE WRITING PROSPECTUS IS NOT INTENDED OR WRITTEN TO BE USED, AND CANNOT BE USED, FOR THE PURPOSE OF AVOIDING U.S. FEDERAL, STATE OR LOCAL TAX PENALTIES. THIS FREE WRITING PROSPECTUS IS WRITTEN AND PROVIDED BY THE UNDERWRITERS IN CONNECTION WITH THE PROMOTION OR MARKETING OF THE TRANSACTIONS OR MATTERS ADDRESSED HEREIN. INVESTORS SHOULD SEEK ADVICE BASED ON THEIR PARTICULAR CIRCUMSTANCES FROM AN INDEPENDENT TAX ADVISOR. ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM. A-SBFL PLANNED PRINCIPAL BALANCE Period Balance 1 04/10/06 133,468,000.00 2 05/10/06 133,468,000.00 3 06/10/06 133,468,000.00 4 07/10/06 133,468,000.00 5 08/10/06 133,468,000.00 6 09/10/06 133,468,000.00 7 10/10/06 133,468,000.00 8 11/10/06 133,468,000.00 9 12/10/06 133,468,000.00 10 01/10/07 133,468,000.00 11 02/10/07 133,468,000.00 12 03/10/07 133,468,000.00 13 04/10/07 133,468,000.00 14 05/10/07 133,468,000.00 15 06/10/07 133,468,000.00 16 07/10/07 133,468,000.00 17 08/10/07 133,468,000.00 18 09/10/07 133,468,000.00 19 10/10/07 133,468,000.00 20 11/10/07 133,468,000.00 21 12/10/07 133,468,000.00 22 01/10/08 133,468,000.00 23 02/10/08 133,468,000.00 24 03/10/08 133,468,000.00 25 04/10/08 133,468,000.00 26 05/10/08 133,468,000.00 27 06/10/08 133,468,000.00 28 07/10/08 133,468,000.00 29 08/10/08 133,468,000.00 30 09/10/08 133,468,000.00 31 10/10/08 133,468,000.00 32 11/10/08 133,468,000.00 33 12/10/08 133,468,000.00 34 01/10/09 133,468,000.00 35 02/10/09 133,468,000.00 36 03/10/09 133,468,000.00 37 04/10/09 133,468,000.00 38 05/10/09 133,468,000.00 39 06/10/09 133,468,000.00 40 07/10/09 133,468,000.00 41 08/10/09 133,468,000.00 42 09/10/09 133,468,000.00 43 10/10/09 133,468,000.00 44 11/10/09 133,468,000.00 45 12/10/09 133,468,000.00 46 01/10/10 133,468,000.00 47 02/10/10 133,468,000.00 48 03/10/10 133,468,000.00 49 04/10/10 133,468,000.00 50 05/10/10 133,468,000.00 51 06/10/10 133,468,000.00 52 07/10/10 133,468,000.00 53 08/10/10 133,468,000.00 54 09/10/10 133,468,000.00 55 10/10/10 133,468,000.00 56 11/10/10 133,468,000.00 57 12/10/10 133,468,000.00 58 01/10/11 133,468,000.00 59 02/10/11 133,309,987.76 60 03/10/11 130,737,724.78 61 04/10/11 128,780,835.37 62 05/10/11 126,607,101.07 63 06/10/11 124,632,111.05 64 07/10/11 116,805,592.46 65 08/10/11 114,825,021.03 66 09/10/11 112,835,818.08 67 10/10/11 110,631,925.01 68 11/10/11 108,624,307.14 69 12/10/11 106,402,505.07 70 01/10/12 104,376,292.68 71 02/10/12 102,341,223.10 72 03/10/12 99,888,194.47 73 04/10/12 97,833,246.33 74 05/10/12 95,565,414.23 75 06/10/12 93,491,409.81 76 07/10/12 91,205,044.97 77 08/10/12 89,111,798.39 78 09/10/12 87,009,363.08 79 10/10/12 84,695,348.41 80 11/10/12 82,573,393.62 81 12/10/12 82,373,393.62 82 01/10/13 82,199,991.96 83 02/10/13 80,234,219.06 84 03/10/13 77,718,172.29 85 04/10/13 75,732,615.32 86 05/10/13 73,558,492.15 87 06/10/13 71,554,749.35 88 07/10/13 69,362,940.27 89 08/10/13 67,340,834.88 90 09/10/13 65,309,923.83 91 10/10/13 63,091,693.36 92 11/10/13 61,042,155.71 93 12/10/13 56,788,255.47 94 01/10/14 54,722,990.60 95 02/10/14 52,648,707.50 96 03/10/14 50,035,434.41 97 04/10/14 47,940,353.49 98 05/10/14 45,660,139.05 99 06/10/14 43,545,809.80 100 07/10/14 41,246,876.14 101 08/10/14 39,113,111.42 102 09/10/14 36,969,990.74 103 10/10/14 34,643,057.11 104 11/10/14 32,480,221.07 105 12/10/14 14,134,113.99 106 01/10/15 11,951,370.89 107 02/10/15 9,759,030.42 108 03/10/15 7,038,599.17 109 04/10/15 4,824,350.57 110 05/10/15 2,428,244.00 111 06/10/15 193,588.20 112 07/10/15 0.00