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Fitch Assigns 'BB-/A(BRA)' Rating to BR MALLS

Posted : Thu, 28 Aug 2008 22:32:53 GMT
Author : BR MALLS Participacoes S.A.
Category : Press Release
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RIO DE JANEIRO, Brazil, Aug. 28 BR-Malls-Fitch-rating
RIO DE JANEIRO, Brazil, Aug. 28 /PRNewswire-FirstCall/ -- BR MALLS Participacoes S.A. (Bovespa: BRML3), the largest integrated shopping mall company in Brazil, hereby announces Fitch Ratings has assigned BR MALLS Foreign and Local Currency Issuer Default Ratings (IDRs) at 'BB-' and a National Scale rating at 'A(bra)'. Fitch also assigned a 'BB-' rating to its Perpetual Debenture issued by BRMALLS International Finance and fully guaranteed by BR MALLS. The Rating Outlook is Stable.

For further information, please access http://www.brmalls.com.br or
contact the IR department:

Leandro Bousquet Viana
CFO and IRO

Renata Motta
IR Manager

Phone: +55 (21) 2546-0100
Fax: +55 (21) 2546-0101
E-mail: ri@brmalls.com.br
About BRMALLS
BRMALLS Participacoes S.A is the largest integrated shopping mall company in Brazil, with a portfolio of 34 malls, comprising 985.2 thousand square meters of gross leasable area (GLA) and 429.1 thousand square meters of owned GLA. BRMALLS is the only shopping mall company in Brazil with a nationwide presence and caters to all income segments.
SOURCE BR MALLS Participacoes S.A.

Copyright © 2008 PR Newswire. All rights reserved.




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