Quarterly report public Joint Stock Company rosseti issuer Code: 55385-E

8.1.6. Information Concerning the Issuer’s Credit Ratings

If the issuer and/or the issuer’s securities have any credit rating(s), information concerning each credit rating known to the issuer to be specified for the most recently closed reporting year and for the period from the first date of the current year to the last date of the reporting quarter:

Rating applicable to: issuer

Credit rating agency

Full corporate name: Standard & Poor’s Credit Market Services Europe Limited (acting through its affiliate location in Moscow)

Short corporate name: Standard and Poor’s

Location: registered at 20 Canada Square, Canary Wharf, London, E14 5LH, United Kingdom. Affiliate location address: Russia, 125009, Moscow, ul. Vozdvizhenka, 4/7, str. 2, Mokhovaya Business Center

Description of credit rating methodologies or the webpage where information about credit rating methodologies is freely accessible (published):
http://www.standardandpoors.com/ru_RU/web/guest/home in the section “Criteria and methodology”

Credit rating as of the last date of the reporting quarter: Long-term foreign currency credit rating: BB+ (outlook: negative); long-term local currency credit rating: BB+ (outlook: negative); short-term foreign currency credit rating: B; short-term local currency credit rating: B; long-term national scale credit rating: ruAA+

History of changes in the credit rating in the most recently closed fiscal year preceding the last date of the reporting quarter and over the period from the first date of the current year to the last date of the reporting quarter, specifying the credit rating value and the date when the credit rating is assigned (changed)

Rating Date	Credit Rating Value
March 27, 2014	BBB-/A-3/ruAAA
February 4, 2015	BB+/B/ruAA+

On February 4, 2015, Standard and Poor’s downgraded by one notch the credit ratings of JSC ROSSETI due to the unfavorable economic situation and due to the corresponding lowering of the sovereign ratings of the Russian Federation.

Rating applicable to: issuer

Credit rating agency

Full corporate name: Moody's Investors Service, Inc.

Short corporate name: Moody’s

Location: registered at 7 World Trade Center at 250 Greenwich Street, New York, NY 10007, USA. Affiliate location address: ul. 1-ya Tverskaya-Yamskaya, 21, 125047, Moscow, Russian Federation

Description of credit rating methodologies or the webpage where information about credit rating methodologies is freely accessible (published):
http://www.moodys.com in the section “Rating methodologies”

Credit rating as of the last date of the reporting quarter: Long-term global scale rating: Ba2 (outlook: stable); probability of default rating: Ba2-PD (outlook: stable)

History of changes in the credit rating in the most recently closed fiscal year preceding the last date of the reporting quarter and over the period from the first date of the current year to the last date of the reporting quarter, specifying the credit rating value and the date when the credit rating is assigned (changed)

Rating Date	Credit Rating Value
July 14, 2010	Ba1/Ba1-PD
February 25, 2015	Ba2/Ba2-PD

On February 25, 2015, Moody’s downgraded by one notch the credit rating of JSC ROSSETI to Ba2 on the global scale due to the unfavorable economic situation and due to the corresponding lowering of the sovereign ratings of the Russian Federation.

On December 7, 2015, Moody’s changed the Company’s rating outlook from negative to stable.

Rating applicable to: issuer

Credit rating agency

Full corporate name: Moody’s Interfax Rating Agency

Short corporate name: Moody’s Interfax

Location: ul. 1-ya Tverskaya-Yamskaya, 21, 125047, Moscow, Russian Federation

Description of credit rating methodologies or the webpage where information about credit rating methodologies is freely accessible (published):
http://www.moodys.com in the section “Rating methodologies”

Credit rating as of the last date of the reporting quarter: Rating withdrawn

History of changes in the credit rating in the most recently closed fiscal year preceding the last date of the reporting quarter and over the period from the first date of the current year to the last date of the reporting quarter, specifying the credit rating value and the date when the credit rating is assigned (changed)

Rating Date	Credit Rating Value
July 14, 2010	Aa1.ru
February 26, 2015	Aa2.ru
March 18, 2016	Rating withdrawn

March 18, 2016, the national scale rating was withdrawn by the rating agency. The rating action was due to the termination by the rating agency of the assignment of credit ratings to the Russian Federation on the national scale.