London, 07 February 2013 -- Moody's Investors Service has determined that the entry by Neptuno CLO I B.V. (the "Issuer"), into a Novation and Amendment Deed ("the Deed") between among others Bankia (the "Original Investment Manager"), Deutsche Trustee Company Limited (the "Trustee") and BNP Paribas (the "Successor Investment Manager") dated 7 February 2013 and performance of the activities contemplated therein will not in and of itself and at this time cause the current Moody's ratings of the Notes issued by the Issuer to be reduced or withdrawn. Moody's does not express an opinion as to whether the amendment could have other, non credit-related effects.

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