Ratings

www.standardandpoors.com

Standard & Poor's Ratings

Standard & Poor's Ratings

Date Forecast Description
August 18, 2010 ВВВ (outlook: stable)

October 24, 2008 ВВВ (outlook: negative)

November 29, 2006 ВВВ (outlook: stable)

October 13, 2006 ВВВ- (outlook: stable)

January 16, 2006 BВ+

October 13, 2005

July 12, 2005 ВВ- (outlook: positive)

May 18, 2005 ВВ- (outlook: developing)

November 30, 2004 BB-

September 15, 2004 BВ- (outlook: developing)

November 24, 2003 ВВ- (outlook: stable)

December 6, 2002 В+ (outlook: positive)

December 20, 2001 В+ (outlook: stable)

November 26, 2001 В (outlook: positive)

www.fitchratings.com

Fitch Ratings

Fitch Ratings

Date Forecast
August 2, 2010 BВB (outlook: stable)

January 22, 2010 BВB (outlook: stable)

February 4, 2009 “BВB” (outlook: negative)

April 1, 2008 “BВB” (outlook: stable)

December 5, 2006 “BВB-” (outlook: positive)

July 13, 2006 “BВB-” (outlook: stable)

August 12, 2005 “BB+” (outlook: stable)

November 18, 2004 “BB”

September 16, 2004 “BB”

September 16, 2003 “BB” (outlook: stable)

www.moodys.com

Moody's Ratings

Moody's Ratings

Date Forecast Description
July 31, 2009 “Вaa1” (outlook: stable). Credit rating downgraded from “А3” to “Baa1”

April 3, 2009 “Вaa1” (outlook: stable). Credit rating downgraded from “А3” to “Baa1”

December 15, 2008 “А3” outlook changed from “positive” to “stable”

July 16, 2008 “А3” outlook upgraded from “stable” to “positive”

December 19, 2006 “А3” (outlook: stable). Credit rating upgraded from “Вaa1” to “А3”

May 24, 2006 “Baa1” (outlook: stable). Credit rating upgraded from “Вaa2” to “Baa1”

October 26, 2005 “Baa2” (outlook: stable). Credit rating upgraded from “Вaa3” to “Baa2”

July 8, 2005 “Вaa3” (outlook: positive). Credit rating downgraded from “Вaa2” to Baa3

June 23, 2005 “Вaa2” (outlook: positive). Credit rating upgraded from “Вaa3” to “Вaa2”

December 8, 2004 “Вaa3” (outlook: positive). Credit rating upgraded from “Вa1” to “Вaa3”

September 15, 2004 “Вa1”. Rating placed on review for possible upgrade

April 22, 2004 “Ba1” (outlook: stable). Assignment of credit rating