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	Moody's Investors Service

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Credit rating history for issuer ING Commercial Banking Ukraine

Rating Agency	Rating scale	Date	Rating	Forecast	Additional information
Moody's Investors Service	National Scale (Ukraine)	20.10.2008	Aa1.ua
	National Scale (Ukraine)	10.07.2007	Aaa.ua	Stable
	Int. Scale (foreign curr)	10.07.2007	B2
	Int. Scale (loc. curr.)	20.10.2008	Ba1
Credit-Rating	National Scale (Ukraine)	11.08.2011	uaAAA	Stable
Credit-Rating	National Scale (Ukraine)	15.03.2011	uaAAA	Stable