TEXT-S&P ratings - Douglas Holding AG

Wed Dec 19, 2012 9:09am EST

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(The following statement was released by the rating agency)

Dec 19 -

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Ratings -- Douglas Holding AG ------------------------------------- 19-Dec-2012

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CREDIT RATING: B/Stable/-- Country: Germany

Primary SIC: Miscellaneous

retail stores,

nec

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Credit Rating History:

Local currency Foreign currency

19-Dec-2012 B/-- B/--

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