AIRPORTS COMPANY SOUTH AFRICA SOC LIMITED - ACSA Rating Affirmation by Moody's Investor Services

ACSA Rating Affirmation by Moody's Investor Services

Airports Company South Africa SOC Limited
(Incorporated in the Republic of South Africa)
(Registration number 1993/004149/30)
AIR01    ZAG000038084
AIR02    ZAG000052838
AIR04    ZAG000116369
AIR05    ZAG000116351
AIRL01   ZAG000052846


(“ACSA”) or (“the Company”)


ACSA RATING REVIEW BY MOODY’S INVESTOR SERVICES

In accordance with paragraph 4.24 of the JSE Debt Listings
Requirements, noteholders are hereby advised that the ACSA’s issuer
rating of Baa3 by Moody’s Investor Services (“Moody’s” or “the
agency”) was affirmed with a stable outlook on the 26 March 2018.
Concurrently, Moody's affirmed the Aa1.za national scale rating with a
stable outlook. This follows the confirmation of the Baa3 ratings of
the Government of South Africa on 23 March 2018 with a stable outlook.

Further details on the rating action can be viewed on the
following link:

https://www.moodys.com/research/Moodys-confirms-ACSAs-Baa3-
ratings-with-a-stable-outlook--PR_381401

Johannesburg
27 March 2018

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 27/03/2018 10:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.