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BRAIT
Code: BAT
ISIN:LU0011857645
ANNOUNCEMENT REGARDING BRAIT MERCHANT BANK'S ("Brait") WITHDRAWAL
FROM ITS RATING RELATIONSHIP WITH FITCH RATINGS LIMITED ("Fitch")
Brait announces that it has, by mutual agreement with Fitch, requested that
its rating by Fitch be withdrawn and, accordingly, their rating relationship
is terminated.
At the time of the withdrawal the rating was as follows:
Short term       F2(zaf)
Long term        BBB(zaf)
Johannesburg
8 May 2002
Co-sponsor
Brait
Lead sponsor
ING Investment Banking

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