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TEXT-S&P ratings - Bakkavor Finance 2 PLC

(The following statement was released by the rating agency)

Oct 09 - =============================================================================== Ratings -- Bakkavor Finance 2 PLC --------------------------------- 09-Oct-2012 =============================================================================== CREDIT RATING: B-/Stable/-- Country: Iceland Primary SIC: Food preparations, nec =============================================================================== Credit Rating History: Local currency Foreign currency 09-Oct-2012 B-/-- B-/-- =============================================================================== Issues: Rating Rating Date £350 mil 8.25% bnds due 02/15/2018 B- 21-Aug-2012 ((Bangalore Ratings Team, Hotline: +91 80 4135 5898, Bhanu.priya@thomsonreuters.com, Group id: BangaloreRatings@thomsonreuters.com, Reuters Messaging: Bhanu.Priya.reuters.com@reuters.net))