Sao Paulo, May 06, 2013 -- Moody's América Latina has affirmed the MQ1 Investment Manager Quality assessment of Santander Brasil Asset Management DTVM S.A. (Santander Brasil Asset). The MQ1 assessment reflects Moody's view of the asset manager's investment management quality and control environment as excellent. Santander Brasil Asset is a direct wholly-owned subsidiary of Banco Santander (Brasil) S.A. (GLC bank deposit rating Baa1, stable), and the sixth largest asset manager in Brazil, with BRL118.1 billion in total assets under management, as of March 31, 2013.

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