OVERVIEW AMAL Asset Management has demonstrated continued improvement in its commercial loan-servicing infrastructure and capabilities, with strengthened risk management and compliance practices. As a result, we have raised the overall ranking to STRONG from ABOVE AVERAGE. The outlook on the ranking is stable. MELBOURNE (Standard&Poor's) Oct. 13, 2011—Standard&Poor's Ratings Services has raised its overall ranking on AMAL Asset Management Ltd. (AMAL) as a commercial loan servicer in Australia to STRONG, from ABOVE AVERAGE. At the same time, we affirmed the subrankings of STRONG for AMAL's management and organization, and ABOVE AVERAGE for loan administration. The financial position is considered Sufficient. AMAL is a comprehensive servicer of commercial loan, residential, consumer, and lease receivables portfolios in Australia
