MERIS Ratings

Sarwa Securitization Company – 25th Issue

Class B “AA”(sf) Class C “A”(sf)

Sarwa Securitization Company – 30th Issue

Class A “AA+”(sf) Class B “AA”(sf) Class C “A”(sf)

Sarwa Securitization Company – 30th Issue

Class A “AA+”(sf) Class B “AA”(sf) Class C “A”(sf)

Sarwa Securitization Company – 25th Issue

Class B “AA”(sf) Class C “A”(sf)

Sarwa Securitization Company – 25th Issue

Class B “AA”(sf) Class C “A”(sf)

Sarwa Securitization Company – 25th Issue

Class B “AA”(sf) Class C “A”(sf)

Sarwa Securitization Company – 29th Issue

Class B “AA”(sf) Class C “A”(sf)

Sarwa Securitization Company – 31st Issue

Class A “AA+”(sf) Class B “AA”(sf) Class C “A”(sf)

Sarwa Securitization Company – 30th Issue

Class A “AA+”(sf) Class B “AA”(sf) Class C “A”(sf)

Sarwa Securitization Company – 33rd Issue

Class A “AA+”(sf) Class B “AA”(sf) Class C “A”(sf)