DBRS Discontinues the Ratings on Motor 2011 plc

DBRS Ratings Limited (DBRS) has discontinued the following ratings on the notes issued by Motor 2011 plc due to repayment in full on 21 March 2013:
• Series A1 previously rated AAA (sf), is now Disc.-Repaid
• Series A2 previously rated AAA (sf), is now Disc.-Repaid

Note:
The principal methodology applicable is Master European Structured Finance Surveillance Methodology which can be found on www.dbrs.com under Methodologies.

The source of information used for this rating includes the final quarterly information report provided by Santander Consumer (UK) plc. DBRS considers the information available to it for the purposes of providing this rating was of satisfactory quality.

Ratings assigned by DBRS Ratings Limited are subject to EU regulations only.

Initial Lead Analyst: Rosemary Kelley
Initial Rating Date: 21 April 2011
Rating Committee Chair: Claire Mezzanotte

Lead Surveillance Analyst: Keith Gorman
Most Recent Rating Date: 8 April 2013
Rating Committee Chair: Claire Mezzanotte