DBRS Requests Comments on Proposed Methodology for Rating European Consumer Asset-Backed Securitizations

DBRS Ratings Limited (DBRS) is requesting comments on the proposed criteria for rating European consumer asset-backed securities (ABS) transactions. Comments should be received on or before October 29, 2010. Please submit your comments to the following e-mail address: dbrseuconsumercomments@dbrs.com. DBRS will publish a final methodology following the review and evaluation of all submissions.

The methodology provides greater transparency to the ratings process by outlining to market participants the principal criteria DBRS applies when rating a European consumer ABS transaction. Asset classes covered in the criteria include: credit cards, auto loans, and auto leases.

DBRS criteria and methodologies are publicly available on its website www.dbrs.com under Methodologies.