Press Release

DBRS Discontinues Ratings on Ally Master Owner Trust 2011-3

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July 07, 2014

DBRS has today discontinued its ratings on the notes issued by Ally Master Owner Trust 2011-3 as follows, due to repayment of the notes:

-- Series 2011-3, Class A-1 Notes previously rated AAA (sf), now Discontinued – Repaid
-- Series 2011-3, Class A-2 Notes previously rated AAA (sf), now Discontinued – Repaid
-- Series 2011-3, Class B Notes previously rated AA (sf), now Discontinued – Repaid
-- Series 2011-3, Class C Notes previously rated A (sf), now Discontinued – Repaid
-- Series 2011-3, Class D Notes previously rated BBB (sf), now Discontinued – Repaid

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.

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.