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    Copyright 2011 by Fitch, Inc., Fitch Ratings Ltd. and its subsidiaries.

    Media Relations: Bindu Menon, Mumbai, Tel: + 91 22 4000 1727, Email: [email protected]; ShivaniSundralingam, Singapore, Tel: + 65 6796 7215, Email: [email protected].

    Note to Editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countrieswith relatively low international sovereign ratings and where there is demand for such ratings. National ratings aredesigned for use mainly by local investors in local markets and are signified by the addition of an identifier for thecountry concerned, such as 'AAA(ind)' for National ratings in India. Specific letter grades are not thereforeinternationally comparable.

    Additional information is available at www.fitchratings.com.

    Applicable criteria, 'Corporate Rating Methodology', dated 13 August 2010, are available at www.fitchratings.com.

    Applicable Criteria and Related Research:Corporate Rating Methodology - Amended

    ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READTHESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK:HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS ANDTHE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROMTHIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST,AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSOAVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.

    Page 2 of 2Fitch Ratings | Press Release

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