OREANDA-NEWS. Fitch Ratings has withdrawn all Brooklands Euro Referenced Linked Notes 2004-1 Limited's remaining ratings as follows:

Class D (XS0193143590): withdrawn at 'Dsf'
Class F (XS0193143913): withdrawn at 'Dsf'

The class D and F notes are the only notes remaining in the transaction and rated 'Dsf' Fitch has withdrawn the ratings in line with its policies and procedures.

KEY RATING DRIVERS

On 20 March 2015 the class A2, B, CE and CY notes were redeemed in full. The class D notes were not redeemed in full and EUR1m was left outstanding to cover one credit protection payment that has yet to be made.

The class F note had been fully, and the class D note partially, written down to make credit protection payments. This is reflected in the 'Dsf' ratings, which were last affirmed on 3 February 2015.