List of Issuer ratings

Current credit ratings
by the Ukrainian National Scale

Issuer ratings

BANKS

Insurance companies

Corporate sector

Company's name	Long term credit rating	Outlook	Assignment date	Revision
Khartsizskiy pipe plant OJSC	uaAA-	Negative	16.11.2005	03.07.2008
JSC "Concern Galnaftogaz"	uaA+	Stable	16.06.2005	25.06.2008
Stolytsya Corporation	uaA+	Stable	25.09.2007	28.08.2008
Kyivmiskbud-1 CJSC	uaA+	Stable	07.12.2007	28.08.2008
Chornomornaftogaz (Simpheropol)	uaA	Stable	10.10.2003	06.06.2008
Aerosvit airlines CJSС	uaA	Negative	15.09.2005	13.06.2008
Enakievskiy metallurgicheskiy zavod LLC	uaA	Stable	15.06.2006	27.06.2008
Ukrtelecom OJSC	uaA	Stable	11.07.2006	19.06.2008
Lutsk Automobile Plant	uaBBB+	Stable	30.05.2005	12.06.2008
Ista-Centre CJSC	uaBBB+	Stable	29.05.2008
JSC Pavlogradcoal	uaBBB	Stable	10.11.2005	10.06.2008
Odessa Cognac Factory CJSС	uaBBB	Stable	14.12.2006	27.06.2008
Zaporozhye Ferroalloys Plant OJSC	uaBBB	Stable	12.02.2008
Makrokap Development Ukraina LLC	uaBB	Stable	20.11.2006	12.06.2008
Korovai CJSС	uaBB	Stable	15.06.2007	19.08.2008
Kyivinvestbud LLC	uaBB	Stable	28.09.2007	27.05.2008
IC Comfort-Invest LLC	uaB	Negative	10.05.2005	27.06.2008
SIM-INVEST LLC	uaB	Stable	19.06.2008
Autopromkhim LLC	uaCCC	Stable	19.08.2005	30.08.2007
Kovcheg LLC	uaCCC	Stable	09.12.2005	21.08.2008

Municipalities

Symbols used with credit ratings

Symbol	Meaning
ua	Identifies ratings assigned by the Ukrainian National Scale
- or  +	Shows relative strength within the rating category
suspended	Used as an intermediary measure before possible (but not inevitable) withdrawal of a rating when an issuer fails to provide necessary information to maintain a rating or in other circumstances when a rating is not valid
under review	Used when possible (but not inevitable) change of as rating is under consideration