New York, December 19, 2012 -- Moody's has reviewed the Confirmation, dated as of December 18, 2012 relating to an interest rate cap owned by Hertz Vehicle Financing LLC (Issuer), acquired in connection with the Series 2009-1 Variable Funding Rental Car Asset-Backed Notes. In and of itself and at this time, the execution of the Confirmation will not cause a downgrade or withdrawal of the current rating on the Series 2009-1 rental car asset-backed notes issued by the Issuer. Hertz Vehicle Financing LLC is a special purpose entity wholly owned by The Hertz Corporation (Hertz, B1 stable), which is the master servicer for the transaction.

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