Fitch Ratings Reaffirms TPI Triunfo Participacoes e Investimentos SA's Long-Term National Rating

TPI Triunfo Participacoes e Investimentos SA announced that Fitch Ratings (Fitch) has reaffirmed the long-term national rating of A+(bra), with stable outlook, to the Company and its third issue of debentures. Removal of negative comment and affirmation of the ratings reflects Fitch’s expectation that the Company’s investments in the next three years, aiming to expand the Company’s business, should not greatly impact the quality of the credit of the Company. Rating reflects the proper profile of the Company’s business, based on a diversified portfolio of assets, which have reasonable predictability and low volatility results.