Kvaerner PLC Credit Rating

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Date	Document Type	Title	Source
11 Jul 2003	Rating Action	MOODY'S WITHDRAWS ALL RATINGS ASSIGNED TO KVAERNER PLC	Moody's Investors Service
04 Jun 2003	Summary Opinion	Kvaerner PLC	Moody's Investors Service
03 Jun 2002	Opinion Update	Kvaerner PLC	Moody's Investors Service
10 Jan 2002	Rating Action	MOODY'S CONFIRMS KVAERNER PLC'S LONG-TERM DEBT RATING AT B3 WITH STABLE OUTLOOK; KVAERNER PLC DEBT EXCLUDED FROM FINANCIAL RESTRUCTURING OF KVAERNER ASA	Moody's Investors Service
02 Nov 2001	Rating Action	MOODY'S CONTINUES REVIEW OF KVAERNER PLC'S B3 RATING FOR POSSIBLE DOWNGRADE, EVALUATES KVAERNER ASA'S REFINANCING PROPOSAL	Moody's Investors Service
24 Sep 2001	Rating Action	MOODY'S DOWNGRADES LONG-TERM DEBT RATINGS OF KVAERNER PLC TO B3 FROM B1; CONTINUES REVIEW FOR FURTHER POSSIBLE DOWNGRADE	Moody's Investors Service
27 Jun 1996	Rating Action	MOODY'S UPGRADES TRAFALGAR HOUSE PLC'S UNSECURED BONDS FROM B2 TO B1	Moody's Investors Service
04 Mar 1996	Rating Action	MOODY'S PLACES TRAFALGAR HOUSE DEBT UNDER REVIEW FOR POSSIBLE UPGRADE	Moody's Investors Service
27 Oct 1995	Rating Action	MOODY'S DOWNGRADES TRAFALGAR HOUSE PLC SENIOR UNSECURED NOTES FROM Ba2 TO B2	Moody's Investors Service
04 Aug 1995	Rating Action	MOODY'S MAINTAINS REVIEW ON TRAFALGAR HOUSE PLC FOR POSSIBLE DOWNGRADE	Moody's Investors Service
14 Feb 1995	Rating Action	MOODY'S REVIEWS TRAFALGAR HOUSE PLC AND NORTHERN ELECTRIC PLC FOR POSSIBLE DOWNGRADE	Moody's Investors Service

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