EQS - Eqstra Holdings Limited - Standard & poor`s ratings services

EQS - Eqstra Holdings Limited - Standard & poor`s ratings services              
raised Eqstra`S South African National scale rating to zaA-/zaA-2               
Eqstra Holdings Limited                                                         
(Incorporated in the Republic of South Africa)                                  
Registration number: 1998/011672/06                                             
ISIN: ZAE000117123                                                              
JSE share code: EQS, EQS01, EQS02, EQS04                                        
("Eqstra")                                                                      
STANDARD & POOR`S RATINGS SERVICES RAISED EQSTRA`S SOUTH AFRICAN                
NATIONAL SCALE RATING TO zaA-/zaA-2                                             
On 3 October 2011, Standard & Poor`s Ratings Services (S&P`s) raised            
the long-term South Africa national scale rating on Eqstra to `zaA-`            
from `zaBBB+`.                                                                  
At the same time, S&P affirmed Eqstra`s short-term rating of `zaA-2`.           
S&P said the rationale for the upgrade was as follows:                          
"The upgrade reflects our view of Eqstra`s stronger financial                   
performance from lower funding costs and improved revenues through the          
distributorship and industrial equipment divisions. This complements            
the improved funding structure and capitalization achieved in the past          
two years, in our opinion."                                                     
S&P`s full report is available on http://www.eqstra.co.za/rating.aspx           
Kempton Park                                                                    
3 October 2011                                                                  
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 03/10/2011 14:03:13 Supplied by www.sharenet.co.za                     
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