TIDM50PU

RNS Number : 9058W

DAA Finance PLC

26 November 2010

DAA Finance plc

EUR250,000,000 6.15 per cent. notes due 2011 of DAA Finance plc, guaranteed by Dublin Airport Authority plc (ISIN:XS0124714832)

EUR600,000,000 6.5872 per cent. notes due 2018 of DAA Finance plc, guaranteed by Dublin Airport Authority plc (ISIN:XS0375220588)

Standard & Poor's Rating Services ("S&P") has today changed Dublin Airport Authority plc's ("DAA") long-term corporate credit rating from BBB+ (Negative) to BBB (CreditWatch Negative). Consequent upon their lowering of the ratings on Ireland to 'A/A-1' (CreditWatch negative) earlier this week, in accordance with their criteria on government-related entities, S&P has removed the one-notch uplift it previously applied to DAA's stand-alone credit profile for extraordinary support.

At the same time, DAA's short term credit rating was also changed from A-2 to A-3.

26 November 2010

Enquiries: Ray Gray, Director, DAA Finance plc

Telephone number: +353 1 814 5265

Feargal O'Reilly, Director, DAA Finance plc

Telephone number: +353 1 814 1690

This announcement has been issued through the Companies Announcement Service of

the Irish Stock Exchange.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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