Press Release

DBRS Discontinues Ratings on Nordstrom fsb, Series 2007-VFN

Consumer Loans & Credit Cards

April 19, 2013

DBRS, Inc. (DBRS) has discontinued its AAA (sf) rating on the Class A Notes issued by Nordstrom fsb, Series 2007-VFN due to repayment of the notes.

Notes:
The applicable methodology is DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

Ratings

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
19-Apr-13	Series 2007-VFN, Class A	Discontinued	--	Disc.-Repaid	US

Nordstrom fsb, Series 2007-VFN

Series 2007-VFN, Class A

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.

Apr 19, 2013

Claire Mezzanotte
Group Managing Director, Global Head of Structured Finance Ratings - Credit Ratings Leadership
+(1) 212 806 3272
claire.mezzanotte@morningstar.com
Maxim Berger
Assistant Vice President, US ABS & Surveillance - Global Structured Finance
+1 212 806 3279
mberger@dbrs.com
Jayce Fox
Senior Vice President, US ABS Surveillance - Global Structured Finance
+1 203 883 5815
jayce.fox@morningstar.com
Jan Buckler
Senior Vice President, Sector Lead - Global Structured Finance Ratings
+(1) 212 806 3925
jan.buckler@morningstar.com