Ratings Information


Rating Agency Long-term Short-term Bank
Financial
Strength
Rating Actions
Rating and Investment Information A+ 2008.3.25 ; Affirmed
;2007.3.23 ; Downgraded to "A+" from "AA-", Rating Outlook was changed to "Stable" from "Negative"
2005.9.1;Rating Outlook was changed to "Negative" from "Stable"
2004.3.12 ; Affirmed
2002.2.27 ; Downgraded to "AA-" from "AA"
Japan Credit Rating Agency AA 2008.2.20 ; Affirmed
2007.2.6 ; Affirmed
2005.12.22 ; Affirmed
2004.6.8 ; Affirmed
Standard & Poor's
Ratings Services
A A-1 2007.3.19 ; Rating Outlook was changed to "Positive" from "Stable"
2006.10.10 ; Upgraded to "A" from "A-", and assigned "stable" for its outlook
2005.1.21 ; Upgraded to "A-" from "BBB+"
2003.10.22 ; Added "+" to 77 Bank's public information rating "BBB", assigned "positive" for its outlook
Standard & Poor's
Ratings Services
B
(Fundamental strength)
2007.3.19;Affirmed
2006.10.10;Affirmed
2005.7.11;Assigned
Fitch Ratings * A F1 B/C 2008.3.11 ; Affirmed
2007.3.19 ; Upgraded to "A" from "A-", and assigned "stable" for its outlook
2005.10.31 ; Initially rated,and assigned "stable" for its outlook
Note: Ratings by Fitch Ratings (marked "*") are based on public information disclosed by 77 Bank.