Standard & Poor's affirms apoBank's rating

at A+ / A-1 / outlook stable; silent partnership at BBB-

27.10.2008

The rating agency S&P has affirmed apoBank's current rating at A+ / A-1 in a press release published today. The outlook remains stable. The hybrid Tier I preferred securities (silent partnership) issued by apoBank in 2003 was cut to BBB-. Relating press release is published on Standard & Poor's website.