Fitch Assigns 'BB-/A(BRA)' Rating to BR MALLS

RIO DE JANEIRO, Brazil, Aug. 28 /PRNewswire-FirstCall/ -- BR MALLS Participacoes S.A. (Bovespa: BRML3), the largest integrated shopping mall company inBrazil, hereby announces Fitch Ratings has assigned BR MALLS Foreign and Local Currency Issuer Default Ratings (IDRs) at 'BB-' and a National Scale rating at 'A(bra)'. Fitch also assigned a 'BB-' rating to its Perpetual Debenture issued by BRMALLS International Finance and fully guaranteed by BR MALLS. The Rating Outlook is Stable.

For further information, please access http://www.brmalls.com.br or contact the IR department: Leandro Bousquet Viana CFO and IRO Renata Motta IR Manager Phone: +55 (21) 2546-0100 Fax: +55 (21) 2546-0101 E-mail: ri@brmalls.com.br

About BRMALLS

BRMALLS Participacoes S.A is the largest integrated shopping mall company inBrazil, with a portfolio of 34 malls, comprising 985.2 thousand square meters of gross leasable area (GLA) and 429.1 thousand square meters of owned GLA. BRMALLS is the only shopping mall company inBrazil with a nationwide presence and caters to all income segments.

SOURCE BR MALLS Participacoes S.A.

Tags: ,CST,REA,RTG,BR-Malls-Fitch-rating

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Fitch Assigns 'BB-/A(BRA)' Rating to BR MALLS