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DB AG is now also rated by Fitch

Fitch Ratings (Fitch) today announced its initial ratings for Deutsche Bahn AG (DB AG).

(Berlin, 17 February 2009) This makes Fitch the third rating agency to evaluate the creditworthiness of DB AG in addition to Moody’s (Aa1/P-1) and Standard&Poor’s (AA/A-1+). Fitch issued DB AG a Long-Term Issuer Default Rating (IDR) of AA in the long-term category, and a Short-Term IDR rating of F1+, which reflect Fitch’s valuation of DB AG’s creditworthiness as being very good. Fitch noted that the outlook for DB AG is “stable.” DB AG’s long-term Fitch rating is just two notches below the highest possible rating of AAA, while the short-term rating is the highest possible rating. DB has been active as an issuer in the international capital markets since 1995 with a broad range of issues in the market. The additional very good rating from a third independent rating agency places DB AG’s rating evaluations on an even broader foundation.

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