OREANDA-NEWS. On 05 June 2009 was announced, that May saw 4 credit ratings assigned by Credit-Rating, 1 rating has been upgraded, 10 ratings have been downgraded, outlooks on 5 ratings have been changed, 52 ratings have been suspended, and 7 ratings have been withdrawn.

COUNTERPARTY RATINGS

Municipal sector

May 20             City of Ivano-Frankivsk: a long-term investment grade rating of uaBBB+ has been assigned to the city.

Corporate sector

May 7              Karavan LLC ( Kiev): the long-term credit rating has been downgraded to uaCCC with negative outlook from uaBB. The rating has been removed from Rating Watch List.

May 19             Galneftekhim CJSC (Lviv): the company`s long-term credit rating has been suspended.

May 19             Ukragro NPK CJSC (Kiev): the company`s long-term credit rating has been suspended.

May 19             UkrTechnoFos LLC (Rivne): the company`s long-term credit rating has been suspended.

Financial sector

May 15             Kyiv JSCB (Kiev): the bank`s long-term credit rating has been suspended.

May 15             Ukrprombank LLC (Kiev): the bank`s long-term credit rating has been suspended.

May 15             Nadra CB OJSC (Kiev): the bank`s long-term credit rating has been suspended.

May 15             Bank for Regional Development JSB (Kiev): the bank`s long-term credit rating has been suspended.

May 15             Transbank JSCB (Kiev): the bank`s long-term credit rating has been suspended.

May 15             Dniester SKB OJSC (Lviv): the bank`s long-term credit rating has been suspended.

May 15             National Standard CB (Kiev): the bank`s long-term credit rating has been suspended.

May 15             Evropeyskyi JSCB (Kiev): the bank`s long-term credit rating has been suspended.

May 15             Imexbank JSCB (Odessa): the bank`s long-term credit rating has been downgraded to uaBBB with negative outlook from uaA . The rating remains on Rating Watch List.

May 18             Tavrika JSB (Kiev): the bank`s long-term credit rating of uaBBB has been removed from Rating Watch List with negative outlook.

May 21             First Investment Bank OJSC (Kiev): the bank`s long-term credit rating has been upgraded to uaBBB- (provisional) from uaBB+ . The outlook on the rating has been changed to stable.

May 29             Pritchernomorye CB OJSC (Dnepropetrovsk): the bank`s long-term credit rating has been withdrawn.

May 29             Bank Familnyi LLC (Donetsk): the bank`s long-term credit rating has been withdrawn.

ISSUE RATINGS

Municipal sector

May 19             Kamenets-Podolskyi city council: a long-term speculative grade rating of uaBB+ has been assigned to city`s upcoming coupon bonds (series A, B) for the amount of UAH20m with 4-year original maturity.

Corporate sector

May 7              Chernomorets SC LLC (Odessa): the long-term credit rating of uaA assigned to registered coupon bonds (series A, B) for the amount of UAH14.6m due Sep. 30, 2009 has been placed to Rating Watch List with negative outlook.

May 7              Stroitelnaya Firma LLC (Odessa): ): the long-term credit rating of uaA assigned to registered coupon bonds (series A, B) for the amount of UAH14.6m due Sep. 30, 2009 has been placed to Rating Watch List with negative outlook.

May 7              Business Centre Primorye LLC (Odessa): the long-term credit rating of uaA assigned to registered coupon bonds (series A, B) for the amount of UAH14.6m due Sep. 30, 2009 has been placed to Rating Watch List with negative outlook.

May 7              Tradeoptimum LLC (Odessa): the long-term credit rating of uaA assigned to registered coupon bonds (series A, B) for the amount of UAH14.6m due Sep. 30, 2009 has been placed to Rating Watch List with negative outlook.

May 7              Karavan LLC (Kiev): the long-term credit rating assigned to registered coupon bonds (series C) for the amount of UAH130m with 3-year original maturity has been downgraded to uaCCC with negative outlook from uaBB . The rating has been removed from Rating Watch List .

May 19             Galneftekhim CJSC (Lviv): the long-term credit rating assigned to registered coupon bonds (series B, C) for the amount of UAH34.9m has been suspended.

May 19             Ukragro NPK CJSC (Kiev): the long-term credit rating assigned to registered coupon bonds (series A,B) for the amount of UAH100m has been suspended.

May 19             UkrTechnoFos LLC (Rivne): the long-term credit rating assigned to registered coupon bonds (series C, D) for the amount of UAH57m has been suspended.

May 22             Holding Company Systemni Investytsiyi LLC (Kiev): the long-term credit rating assigned to registered housing bonds (series A-C) for the amount of UAH85m has been withdrawn.

Financial sector

May 15             Dnister SKB OJSC (Lviv): the long-term credit rating assigned to registered coupon bonds (series G) for the amount of UAH40m has been suspended.

May 15             Evropeyskyi JSCB (Kiev): the long-term credit rating assigned to registered coupon bonds (series A) for the amount of UAH20m has been suspended.

May 15             Bank Familnyi LLC (Donetsk): the long-term credit rating assigned to registered coupon bonds (series A) for the amount of UAH25m has been withdrawn.

May 15             Imexbank JSCB (Odessa): the long-term credit rating assigned to registered coupon bonds (series A and B) for the amount of UAH250m  has been downgraded to uaBBB with negative outlook from uaA . The rating remains on Rating Watch List.

May 20             Optima-Leasing (Kiev Oblast): the long-term credit rating assigned to registered coupon bonds (series B) for the amount of UAH10m has been suspended.

May 29             Pritchernomorye CB OJSC (Dnepropetrovsk): the long-term credit rating assigned to registered coupon bonds (series B, C) for the amount of UAH10m has been withdrawn.

Credit-Rating agency has operated in the Ukrainian market since 2001 being committed to assignment of the national scale ratings. The agency has assigned 1044 ratings, specifically to 816 Ukrainian companies, 168 financial institutions and 59 municipalities and their debts, 1 corporate governance rating and 75 bank deposit ratings.

As of June 01, 2009 Credit-Rating maintains monitoring of 813 ratings, in fact 633 of corporate, 132 of financial and 48 of municipal sectors.