COUNTERPARTY RATINGS
  FITCH MOODY'S DBRS STANDARD & POORS
Short Term Government Guaranteed Debt Securities F1+ P-1 R-1 (high) A-1+
Short Term F1 P-1 R-1 (medium) A-2
Long Term Government Guaranteed Debt Securities AA Aa2 AA AA-
Long Term A- A3 A (high) BBB
Outlook RWE (Ratings Watch Evolving) Under review for possible downgrade Stable Negative Credit Watch