BASIL READ HOLDINGS LIMITED - Change of Credit Rating for Basil Read (Proprietary) Limited
BSR 201207270049A
Change of Credit Rating for Basil Read (Proprietary) Limited
Basil Read Holdings Limited
(Incorporated in the Republic of South Africa)
Registration Number 1984/007758/06
Share Code: BSR ISIN: ZAE000029781
("Basil Read" or "the Company")
Change of Credit Rating for Basil Read (Proprietary) Limited
The JSE Limited has granted a listing to Basil Read (Proprietary)
Limited under their Domestic Medium-Term Note Programme dated 17
November 2008. The programme is unconditionally and irrevocably
guaranteed by Basil Read.
Investors are advised that Basil Read has been accorded a long term
ZAR credit rating BBB+ (triple B plus) and a short term rating of A2
(A two), with a stable ratings outlook. The rating is one notch lower
than the previous long and short term ZAR credit ratings of A-
(single A minus) and A1- (A one minus) respectively. The ratings are
accorded by Global Credit Rating Co.
Johannesburg
27 July 2012
JSE Equity Sponsor
Macquarie First South Capital (Pty) Limited
Further information please contact:
Wayne Frank Nedbank Capital (011) 535 4027
Jacqueline Eberle Nedbank Capital (011) 294 4519
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