DBRS Maintains Ratings on Hertz Vehicle Financing II LP

On April 15, 2015, DBRS, Inc. maintained the existing ratings on certain VFNs issued by HVF II as follows:

-- Series 2013-A Variable Funding Rental Car Asset Backed Notes at A (sf)
-- Series 2014-A Variable Funding Rental Car Asset Backed Notes at A (sf)

Notes:
The applicable methodology is Rating U.S. Rental Car Securitizations, which can be found on our website under Methodologies.

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