Credit ratings

Credit ratings

Rating Agency

International Scale

National Scale

Outlook

S&P Global Ratings

BBB-

Withdrawn*

Stable

Moody’s Investors Service

Ba1

Withdrawn*

Positive

ACRA

-

AAA(RU)

Stable

Note: Further information related to the credit ratings and the related rating methodologies are available at: www.standardandpoors.ru, www.moodys.com, https://www.acra-ratings.ru/

*Withdrawal of Rosseti's credit ratings on the national scale relates to the decision of S&P Global Ratings and Moody's Investors Service to cease the assignment of credit ratings on the national scale for Russia

CREDIT RATINGS HISTORY

Moody's Investors Service

Date

International Scale

Outlook

29.01.2018

Ba1

 Positive

07.12.2017

Ba1

Stable

07.12.2015

Ba2

Stable

25.02.2015

Ba2

Negative

21.10.2014

Ba1

Negative

03.04.2014

Ba1

Stable

07.02.2014

Ba1

Stable

18.05.2012

Ba1

Developing

15.07.2010

Ba1

Stable

S&P Global Ratings

Date

International Scale

Outlook

27.02.2018

BBB-

Stable

21.03.2017

BB+

Positive

20.09.2016

BB+

Stable

04.02.2015

BB+

Negative

27.03.2014

BBB-

Negative

ACRA

Date

International Scale

Outlook

02.03.2018

AAA(RU)

Stable

Published press releases are available at the news section at: http://www.rosseti.ru/eng/press/news/

Latest press releases are available at the following links:

Moody’s: http://www.rosseti.ru/eng/press/news/?ELEMENT_ID=32246&sphrase_id=590874

S&P Global Ratings: http://www.rosseti.ru/eng/press/news/index.php?ELEMENT_ID=32871

ACRA: http://www.rosseti.ru/eng/press/news/index.php?ELEMENT_ID=32873