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FIMALAC : First Quater Fiscal 2012 Financial Information


January 26, 2012 - Paris, France



FIRST-QUARTER REVENUE:
UP 5.8% AS REPORTED
UP 6.6% LIKE-FOR-LIKE

I) FIRST QUARTER FISCAL 2012 REVENUE

Fimalac's consolidated revenue for the first quarter of fiscal 2012(October 1to December 31, 2011) amounted to EUR143.7 million, representing anincrease of5.8% on a reported basis.

Excluding the currency effect and the change in scope ofconsolidation(integration of Vega in November 2010), like-for-like growth stood at 6.6%.

-------------------------------------------------------------------------- October-December October-December % Change % Change(in EUR millions) 2010 2011 (reported) (like-for- like)*-------------------------------------------------------------------------- Fitch Ratings(of which Fitch Solutions) 130.3 135.7 + 4.1% + 6.6% Other 5.5 8.0 N/A + 14.3% ------------------------------------------------------ +----------+-------------+Consolidated revenue 135.8 143.7 |+ 5.8% |+ 6.6% +----------+-------------+ --------------------------------------------------------------------------

* At constant exchange rates and excluding material changes inscope ofconsolidation

Fitch Ratings reported revenue of EUR135.7 million ($181.5 million) forthe firstquarter of fiscal 2012, compared with EUR130.3 million ($172.4 million)for theyear-earlier period. Revenue was up by 4.1% on a reported basis and 6.6%like-for-like. All the major regions showed growth, with the exception ofEurope.

Fimalac's consolidated revenue also mainly includes EUR7.8 million infirst-quarter revenue from Vega, which was acquired in November 2010.


II) OTHER INFORMATION

1) Sale of Algorithmics

Fitch Group sold Algorithmics on 20 October 2011 for $380.2million. AtFimalac's level, the gain on the sale is estimated at around EUR85million aftertax and will be included in Fimalac's consolidated profit in fiscal 2012.

2) Annual Shareholders' Meeting

The Annual Shareholders' Meeting called to approve the financialstatements forfiscal 2011 (ended September 30, 2011) will be held on February 14, 2012.Duringthe meeting, shareholders will be asked to approve a dividend pershare ofEUR1.50, payable from February 20, 2012. The ex-dividend date will beFebruary15, 2012.

Shareholders will also be asked to approve a resolution to move the endof thefiscal year from September 30 to December 31 so as to better reflectchanges inthe Group's scope of consolidation.

CA1t1112A:http://hugin.info/143461/R/1580442/493453.pdf

This announcement is distributed by Thomson Reuters on behalf ofThomson Reuters clients. The owner of this announcement warrants that:(i) the releases contained herein are protected by copyright and other applicable laws; and(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: FIMALAC via Thomson Reuters ONE

[HUG#1580442]

Contact:
Jean-Philippe Laval
+33 1 47 53 61 81

MarketWire

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