New York, November 25, 2013 -- Moody's Investors Service announced today that the execution of the Amended and Restated Series 2011-4 Supplement, dated as of 22 November, 2013 (the Amendment), in and of itself and at this time, will not result in a reduction, withdrawal, or placement under review for possible downgrade of the ratings currently assigned to the outstanding series of notes (the Outstanding Notes) issued by Avis Budget Rental Car Funding (AESOP) LLC, an affiliate of Avis Budget Car Rental LLC (B2). The Series 2011-4 Notes are not rated by Moody's.

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