FIMALAC: Revenue for the nine months ended September 30, 2013


PARIS, Oct. 23, 2013 (GLOBE NEWSWIRE) --

1)  Fimalac's consolidated revenue (9 months)

Fimalac's  consolidated revenue  for the  first nine  months of 2013 amounted to
€34.4 million versus €21.7 million for the nine months ended September 30, 2012.

As  several major  associates (including  Fitch and  Groupe Lucien Barrière) are
accounted  for by  the equity  method, consolidated  revenue corresponds for the
most  part to  the entertainment  venue management  business and,  for the first
time,  to the  new Fimalac  Digital business  set up  during the summer. Because
Fimalac  Digital was  consolidated only  in the  latter part  of the period, its
contribution to revenue for the first nine months is not very representative.

2)  Fitch's consolidated revenue (9 months)

Fitch  reported revenue  of €551.7  million ($726.2  million) for the first nine
months of 2013, up 13.3% as reported and 12.5% like-for-like from €486.8 million
($624.0 million) for the year earlier period.

As  expected, while the business is still enjoying strong momentum, growth rates
now   reflect  the  high  second-half  2012 comparatives,  particularly  in  the
Corporates segment.

Fitch's businesses are continuing to grow, both in ratings through Fitch Ratings
(€442.3  million,  up  12.6% like-for-like)  and  in subscription-based research
services  offered by  Fitch Solutions  (€84.4 million,  up 13.2% like-for-like).
Fitch  Learning, the third business set up at  the start of the year in the area
of specialized training, contributed €25 million to Fitch's consolidated revenue
for the nine-month period.

By  region, Europe-Middle East-Africa (EMEA) was  the fastest growing region, at
17.3% like-for-like. North America performed a healthy 10.3% like-for-like.

CA3009A: http://hugin.info/143461/R/1737730/582719.pdf

[HUG#1737730]



            

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