DBRS Confirms Ratings on Notes Issued by Currus XX Limited

DBRS, Inc. (“DBRS”) has today confirmed the ratings of the Senior Loan and the Subordinate Loan issued by Currus XX Limited (“Currus XX”) at at AA (low) (sf) and BBB (low) (sf), respectively. The ratings have also been removed from Under Review with Developing Implications. The transaction is collateralized by a portfolio of Italian residential mortgage-backed-securities (RMBS). The DBRS ratings address Currus XX’s ability to make ultimate payments of interest and principal on or before the Final Maturity Date.

The principal methodology is Rating Global Structured Finance CDO Restructurings, which can be
found on www.dbrs.com.

The sources of information used for this rating include Currus XX Limited, Wells Fargo Bank International, UniCredit Bank AG, London Branch (“UCB”), and Deutsche Bank AG. DBRS considers the information available to it for the purposes of providing this rating was of satisfactory quality.

This credit rating has been issued outside the European Union (EU) and may be used for regulatory purposes by financial institutions in the EU.

Lead Analyst: Glen Leppert
Surveillance Analyst: Mike Moriarty
Rating Committee Chair: Jerry van Koolbergen
Initial Rating Date: 19 December 2007
Most Recent Rating Update: 23 May September 2012

Note:
All figures are in Euros unless otherwise noted.