Orkuveita Reykjavíkur
Unbundling of Reykjavik Energy Does not Affect Credit Rating

Orkuveita Reykjavíkur 

04.12.2013 13:39

Dissemination of a Adhoc News, transmitted by DGAP - a company of EQS Group
AG.
The issuer is solely responsible for the content of this announcement.

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Reykjavik, 2013-12-04 13:39 CET (GLOBE NEWSWIRE) -- Following reports of the
imminent unbundling of Reykjavik Energy's (RE - Orkuveita Reykjavikur)
operations, as instructed by amendments to law 65/2003 that come to effect
January 1st 2014, Icelandic rating company Reitun has issued a new credit
rating report on RE. 

Reitun's study of RE's unbundling - including scenario and sensitivity studies
- have led to the conclusion that RE's credit rating is unchanged, B+ with
positive outlook. 

Attached is Reitun's report, only issued in Icelandic.
News Source: NASDAQ OMX



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Language:     English
Company:      Orkuveita Reykjavíkur
              
               
              Iceland
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         IS0000010775
WKN:          
 
End of Announcement                             DGAP News-Service
 
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