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MMI GROUP LIMITED - MMI and Guardrisk - Extension of Fitch Ratings validity

Release Date: 10/03/2016 09:13
Code(s): MMIG02 MMIG04 MMIG05 MMIG01 MMIG03     PDF:  
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MMI and Guardrisk - Extension of Fitch Ratings validity

MMI Group Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1904/002186/06)
Company code: MMIG

MMI and Guardrisk - Extension of Fitch Ratings validity

MMI Group Limited (MMI) advised note-holders on 9 December 2015 of the extended validity
period to 12 March 2016 relating to the ratings assigned to MMI and Guardrisk by Fitch Ratings.
MMI would like to advise note-holders that the validity period of the MMI and Guardrisk ratings
has been extended by the Registrar of Credit Ratings Agencies to 31 May 2016.

An announcement pertaining to the appointment of a new credit rating agency will be made in
due course.

On 7 March 2016, Fitch Ratings affirmed the credit ratings of MMI Group Limited (Insurer
Financial Strength rating of ‘AA+(zaf)’), MMI Holdings Limited (National Long-term rating of ‘AA-
(zaf)’), Guardrisk Life Limited (Insurer Financial Strength rating of ‘AA+(zaf)’), Guardrisk
Insurance Company Limited (Insurer Financial Strength rating of ‘AA+(zaf)’) and Guardrisk
International Limited PCC (Insurer Financial Strength rating of ‘BBB’). The Outlooks are Stable.

END

Contact: Werner van der Veen
MMI Holdings Limited
Tel: 012 673 7512

10 March 2016
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 10/03/2016 09:13:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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