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Orastai, S.A. assigned credit ratings by Standard & Poor's and Fitch

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Published on 08/01/2011

In accordance with the provisions of article 82 of the Securities Market Law (Ley del Mercado de Valores), Orastai, S.A. (the “Company” or “Orastai”) hereby notifies the Comisión Nacional del Mercado de Valores of the following:

REGULATORY DISCLOSURE

Standard & Poor’s has assigned Orastai, S.A. a long-term corporate credit rating of “BBB-“, outlook stable.

Fitch Ratings has assigned Orastai, S.A. a long-term Issuer Default Rating of “BBB-“, outlook stable.

Both are investment grade ratings.

Madrid, 1 August 2011

Santiago Ortiz Vaamonde
Secretary of the Board of Directors, Orastai, S.A.