(The following statement was released by the rating agency)

Dec 12 -

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Ratings -- hibu PLC ----------------------------------------------- 12-Dec-2012

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CREDIT RATING: CC/Negative/-- Country: United Kingdom

Primary SIC: PRINTING AND

PUBLISHING

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Credit Rating History:

Local currency Foreign currency

12-Dec-2012 CC/-- CC/--

31-Oct-2012 SD/-- SD/--

26-Oct-2012 CC/-- CC/--

30-May-2012 CCC+/-- CCC+/--

24-Jan-2012 B-/-- B-/--

19-Jan-2012 SD/-- SD/--

21-Nov-2011 CC/-- CC/--

23-Aug-2011 CCC+/-- CCC+/--

04-Feb-2011 B-/-- B-/--

01-Jul-2009 B/-- B/--

17-Mar-2009 B+/-- B+/--

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(Bangalore Ratings Team, Hotline: +91 80 4135 5898 swati.ray@thomsonreuters.com,Group id:BangaloreRatings@thomsonreuters.com,Reuters Messaging: swati.ray.thomsonreuters.com@reuters.net)

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