Credit Ratings

Deutsche Börse AG regularly has its creditworthiness reviewed by the rating agency Standard & Poor's, while Clearstream Banking S.A. is rated by Fitch Ratings and Standard & Poor's.

Ratings of Deutsche Börse AG

	Long-term	Short-term
Standard & Poor's	AA-	A-1+

Ratings of Clearstream Europe AG

	Long-term	Short-term
Standard & Poor's	AA	A-1+

Ratings of Clearstream Banking S.A.

	Long-term	Short-term
Fitch Ratings	AA	F1+
Standard & Poor's	AA	A-1+

Ratings of Clearstream Fund Centre S.A.

	Long-term	Short-term
Standard & Poor's	AA-	A-1+

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