OREANDA-NEWS. On 05 May 2008 was announced, that April saw 27 ratings assigned by Credit-Rating, 3 ratings have been upgraded, outlooks on 7 ratings have been revised, 4 ratings have been suspended, 2 ratings have been downgraded, 5 ratings have been withdrawn and 2 ratings have been placed on the CreditWatch.

ISSUER RATINGS

Municipal sector

April 21 City of Zaporizhzhia has been assigned a long-term investment grade rating of uaAA- with stable outlook.

Financial sector

April 23 Kiev-based Stolytsya Commercial Bank LLC has been assigned a long-term investment grade rating of uaBBB-

ISSUE RATINGS

Municipal sector

April 14 Vinnitsa City Council: a long-term investment grade rating of uaBBB- has been assigned to upcoming UAH10m unregistered bonds due Dec. 31, 2011.

April 21 Zaporizhzhia City Council: a long-term investment grade rating of uaAA- has been assigned to upcoming issue of unregistered coupon bonds (series F-H) for the amount of UAH60m due in 2012.

Corporate sector

April 2 Sumy-based Manufacturing and Commercial Company Notechs LLC: a long-term speculative grade rating of uaBB- has been assigned to registered housing bonds (series E-G) for the amount of UAH47m, with 7-year original maturity.

April 2 Kiev-based Akvapark LLC: a long-term rating assigned to issues of registered housing bonds for the amount of UAH50m (series C) and UAH83.1m (series D-G), with 2-year original maturity has been upgraded to uaB+ from uaB , with the outlook on the rating revised to stable.

April 3 Donetsk-based Direction of Office Buildings: a long-term speculative grade rating of uaBB- has been assigned to upcoming issue of registered housing bonds (series E-J) for the amount of UAH105.3m, with 5-year original maturity.

April 3 Sumy-based Manufacturing and Commercial Firm Pobutservice LLC: a long-term credit rating assigned to issue of registered housing bonds for the amount of UAH42m (series C-H) with 3-year original maturity has been upgraded to uaBB+ from uaBB, with the rating outlook revised to stable.

April 4 Lviv Oblast-based EKRAN LLC: a long-term speculative grade rating of uaBB has been assigned to upcoming issue of registered housing bonds (series A) for the amount of UAH109.4m with 2-year original maturity.

April 4 Zhytomyr-based ZHYTOMYR PRYVATBUD LLC: a long-term credit rating assigned to issue of registered housing bonds (series A) for the amount of UAH11m with 2-year original maturity has been upgraded to uaBB from uaB+.

April 7 Kiev-based ZOLOTOY MANDARIN LLC: a long-term speculative grade rating of uaBB- has been assigned to upcoming issue of registered coupon bonds (series A-C) for the amount of UAH15m with 5-year original maturity.

April 7 Kiev-based Construction Company Miskzhytlobud LLC: a long-term credit rating assigned to issues of registered housing bonds for the amount of UAH186m (series D-J) and UAH450.5m (series K-O), with 2 Ѕ-year original maturity has been upgraded to uaBB- from uaB, with the outlook on the rating revised to stable.

April 8 Kiev-based INTEGRA-HOLDING LLC: a long-term investment grade rating of uaBBB has been assigned to issue of registered housing bonds (series A-L) for the amount of UAH312.8m with 3-year original maturity.

April 8 Crimea-based Prioritet LLC: a long-term credit rating assigned to issue of registered housing bonds for the amount of UAH70.5m (series A-B) due March 31, 2008 has been downgraded to uaBB from uaBBB-.

April 9 Odessa-based SPS-Invest LLC: a short-term speculative grade rating of uaK4 has been assigned to issue of registered housing bonds (series A, B) for the amount of UAH34.3m with 6-month original maturity.

April 9 Dnepropetrovsk-based Manufacturing Company Agro-Soyuz LLC: a long-term credit rating assigned to issue of registered coupon bonds for the amount of UAH10m (series A) with 3-year original maturity has been upgraded to uaBB+ from uaBB, with the rating outlook revised to stable.

April 10 Kiev-based DEP-Service LLC: a long-term speculative grade rating of uaCC has been assigned to upcoming issue of registered discount bonds (series A-E) for the amount of 38.5m with 7-year original maturity.

April 11 Cherkasy Oblast-based Agroekoprodukt CJSC: a long-term investment grade rating of uaA has been assigned to issue of registered coupon bonds (series A, B) for the amount of UAH50m with 3-year original maturity.

April 11 Dnepropetrovsk Oblast-based Iboya LLC: a long-term credit rating assigned to issue of registered coupon bonds for the amount of UAH40m (series A) with 5-year original maturity has been upgraded to uaBB+ from uaBB.

April 14 Kiev-based LIKO-HOLDING LLC: a long-term credit rating assigned to issue of registered housing bonds for the amount of UAH55.7m (series M, N) due Jul. 12, 2007 has been downgraded to uaBB from uaBBB+.

April 15 Evpatoriya-based Stroykompleks OJSC: a long-term speculative grade rating of uaBB+ has been assigned to upcoming issue of registered housing bonds (series E, F) for the amount of UAH5.3m with 1-year original maturity.

April 16 Dnepropetrovsk Oblast-based SENTRAVIS PRODUCTION UKRAINE CJSC: a long-term investment grade rating of uaA- has been assigned to upcoming issue of registered coupon bonds (series A) for the amount of UAH150m with 3-year original maturity.

April 16 Odessa-based Asol PE: a long-term credit rating assigned to issue of registered housing bonds for the amount of UAH13.9m (series A-E) with 3-year original maturity has been upgraded to uaB from uaCCC+.

April 17 Kiev-based Metronom LLC: a long-term speculative grade rating of uaB+ has been assigned to upcoming issue of registered housing bonds (series A, B) for the amount of UAH205m with 4 Ѕ-year original maturity.

April 18 Lviv-based Galneftekhim CJSC: a long-term investment grade rating of uaBBB has been assigned to upcoming issue of registered coupon bonds (series C) for the amount of UAH30m with 5-year original maturity.

April 18 Yalta-based Silikon Trade Plus PE: a long-term speculative grade rating of uaB- has been assigned to issue of registered housing bonds (series A-D) for the amount of UAH30.3m with 3-year original maturity.

April 21 Rivne-based UkrTechnoFos LLC: a long-term credit rating assigned to issue of registered coupon bonds for the amount of UAH7m (series C) with 3-year original maturity has been upgraded to uaBBB- from uaBB.

April 22 Odessa-based Odesaoblenergo OJSC: a long-term speculative grade rating of uaBB has been assigned to upcoming issue of registered couon bonds (series A) for the amount of UAH500m with 5-year original maturity.

April 22 Kiev-based A.B.C. LLC: a long-term speculative grade rating of uaB has been assigned to issue of registered housing bonds (series A-D) for the amount of UAH641.8m with 6-year original maturity.

April 24 Poltava-based Stroyinvest SM CJSC: a long-term speculative grade rating of uaB+ has been assigned to upcoming issue of registered housing bonds (series B-E) for the amount of UAH21.8m with 3 Ѕ-year original maturity.

April 25 Lviv Oblast-based Galychyna CJSC: a long-term investment grade rating of uaBBB has been assigned to issue of registered coupon bonds (series C) for the amount of UAH30m with 3-year original maturity.

Financial sector

April 23 Kiev-based Commercial Bank Stolytsya LLC: a long-term investment grade rating of uaBBB- has been assigned to upcoming issue of registered coupon bonds (series A) for the amount of UAH50m with 2-year original maturity.

Credit-Rating agency has operated in the Ukrainian market since 2001 being committed to assignment of the national scale ratings . The agency has assigned 844 ratings, specifically to 644 Ukrainian companies, 154 financial institutions and 45 municipalities, and 1 corporate governance rating.

As of May 1, 2008 Credit-Rating maintains monitoring of 730 ratings, in fact 549 of corporate, 143 of financial and 38 of municipal sectors.