Fitch to Rate Wachovia Auto Loan Owner Trust 2008-1; Issues Presale

NEW YORK--(Business Wire)--Fitch Ratings expects to assign the following ratings to Wachovia
Auto Loan Owner Trust 2008-1:

--$107,000,000 class A-1 'F1+';

--$204,000,000 class A-2 'AAA';

--$189,000,000 class A-3 'AAA';

--$22,455,000 class B 'AA';

--$26,946,000 class C 'A';

--$34,431,000 class D 'BBB-';

--$14,970,000 class E 'BB-'.

For more information, see the Wachovia Auto Loan Owner Trust
2008-1 presale report, available to all investors on Fitch's corporate
site, www.fitchratings.com. For more information about Fitch's
comprehensive subscription service Fitch Research, which includes all
presale reports, surveillance, and credit reports on more than 20
asset-backed securities (ABS) asset classes, including collateralized
debt obligations (CDOs), contact product sales at +1-212-908-0800 or
at webmaster@fitchratings.com.

Fitch's rating definitions and the terms of use of such ratings
are available on the agency's public site, www.fitchratings.com.
Published ratings, criteria and methodologies are available from this
site, at all times. Fitch's code of conduct, confidentiality,
conflicts of interest, affiliate firewall, compliance and other
relevant policies and procedures are also available from the 'Code of
Conduct' section of this site.

Fitch Ratings, New York
David Petu, CFA, +1-212-908-0280
Hylton Heard, +1-212-908-0214
Sandro Scenga, +1-212-908-0278 (Media Relations)

Copyright Business Wire 2008