Standard & Poor's Ratings Services

Liberty Group Limited's long term rating

zaAAA

South African national scale credit rating

Non-deferrable subordinate notes

za.AA

South African national scale credit rating

Deferrable subordinate notes

 

za.A+

South African national scale credit rating

*Non-deferrable subordinated notes: LGL04 and LGL05; Deferrable subordinated notes: LGL06, LGL07, LGL08, LGL09 and LGL10