ABIRLANUVO

Aditya Birla Nuvo Limited has informed the Exchange that "The long term bank facilities (including working capital limits) and non-convertible debentures of the Company has been assigned a 'LAA+' (L double A plus) rating and short term bank facilities has been assigned a 'A1+' (A one plus) rating by ICRA Limited. LAA+ is the high-credit-quality rating assigned by ICRA to long term debt instruments and signifies low credit risk. A1+ is the highest-credit-quality rating assigned by ICRA to short term debt instruments and signifies lowest credit risk in the short term. Further, Credit Analysis &

Aditya Birla Nuvo Limited has informed the Exchange that "ICRA Limited has assigned "A1+" rating for the Commercial Paper Programme cum Short term debt of Rs.1000 crore (being enhanced from Rs 300 crore)".

Aditya Birla Nuvo Limited has informed the Exchange that: "We propose to raise funds by issuance of Secured Non-convertible debentures (NCDs) aggregating to Rs.500 Crore. The said NCDs will be repayable within a period not exceeding three years. As per SEBI (DIP) Guidelines, 2000 the issuer company is required to obtain credit rating from at least one credit rating agency registered with the SEBI. We are pleased to inform you that Credit Analysis & Research Ltd. (CARE) assigned a 'CARE AAA' (Triple A) rating to the proposed NCD issue".

Aditya Birla Nuvo Limited has informed the Exchange that the Company's Working Capital Lenders had requested for risk rating of the Company's working capital facility in connection with their capital adequacy requirement pursuant to BASEL-II norms. Further the Company has informed that the Company has been assigned a 'CARE AAA' (Triple A) rating to the long term facilities (including working capital) Further CARE has also assigned a 'PR1+' (PR One Plus) rating to the short term facilities of the Company.