Madrid, June 06, 2014 -- Moody's Investors Service has determined that the proposed action of Akbank Remittance Trust Securitisation Limited (A.R.T.S. Ltd.) (the "Issuer") to amend the program documents in order to add two early amortization events, to include the possibility for the Issuer to issue notes in Euros and to add a security interest under New York law over the New York law governed assets of the Issuer in favour of the security trustee to secure the secured obligations of the Issuer on or around the 6th of June 2014 (the "Proposal") will not, in and of itself and at this time, result in a downgrade or withdrawal of the current ratings of Tranche 24, Tranche 25, Tranche 26, Tranche 27, Tranche 28, Tranche 29, Tranche 30, Tranche 31, Tranche 32 issued by the Issuer.

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