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TEXT-S&P Ratings - eAccess Ltd.

(The following statement was released by the rating agency)

Oct 02 - =============================================================================== Ratings -- eAccess Ltd. ------------------------------------------- 02-Oct-2012 =============================================================================== CREDIT RATING: BB+/Watch Pos/-- Country: Japan Primary SIC: Communications services, nec Mult. CUSIP6: 26938N =============================================================================== Credit Rating History: Local currency Foreign currency 08-Mar-2011 BB+/-- BB+/-- =============================================================================== Issues: Rating Rating Date US$420 mil 8.25% nts due 04/01/2018 BB 08-Mar-2011 EUR200 mil 8.375% nts due 04/01/2018 BB 25-Mar-2011 ((Bangalore Ratings Team, Hotline:+91 80 4135 5898 Jyothsna.BN@thomsonreuters.com, Group id: BangaloreRatings@thomsonreuters.com, Reuters Messaging: Jyothsna.BN.thomsonreuters.com@reuters.net))