Fitch Expects to Downgrade Cardinal Health Inc. to 'BBB' Upon Spin-Off

CHICAGO--(Business Wire)--
Fitch Ratings expects to downgrade the ratings of Cardinal Health Inc. (CAH)
upon its spin-off of CareFusion Corp. (CFN) as follows:

-- Issuer Default Rating (IDR) to 'BBB' from 'BBB+';

-- Unsecured bank debt to 'BBB' from 'BBB+';

-- Senior unsecured debt to 'BBB' from 'BBB+';

-- Short-term IDR remains at 'F2';

-- Commercial paper remains at 'F2';

-- Rating Outlook Stable.

The expected ratings reflect Fitch's assumption that the transaction will take
place and the general parameters of key financial metrics will hold. Expected
ratings are based on information received and could change if, for any reason,
there are material changes in terms, documents, financial projections or actual
results of operations.

Fitch will provide analytical detail supporting the above expected ratings as
the transaction nears closing.

Fitch's rating definitions and the terms of use of such ratings are available on
the agency's public site, www.fitchratings.com. Published ratings, criteria and
methodologies are available from this site, at all times. Fitch's code of
conduct, confidentiality, conflicts of interest, affiliate firewall, compliance
and other relevant policies and procedures are also available from the 'Code of
Conduct' section of this site.

Fitch Ratings
Bob Kirby, CFA, +1-312-368-3147 (Chicago)
Lauren Coste, +1-312-606-2320 (Chicago)
Cindy Stoller, +1-212-908-0526
(Media Relations, New York)
cindy.stoller@fitchratings.com

Copyright Business Wire 2009