Moody's downgraded the rating of notes ATF DPR Company 2006 Series at $100 million
/IRBIS, July 30, 2010/ - Moody's Investors Service downgraded the rating of
notes series 2006, issued by the ATF DPR Company, stated in the rating
agency report on July 29.

As indicated, the rating action follows Moody's lowered the deposit rate JSC
ATF Bank (originator) in local currency from "Ba1" to "Ba2" 26 July 2010. The
lowering of deposit rating of ATF and the rating of its senior unsecured debt due
to the weakening of its credit in the last year. It is noted that this indicates a
significant deterioration in the loan portfolio, its poor financial results and
the low level of capitalization.

Top notes of 100 million Series 2006 Notes downgraded to "Ba2"; before
February 26, 2009, he was downgraded to "Baa3"

According to the rating methodology Moody's, rating the transaction DPR, in the
absence of any specific problems on transactions involving rated originator in
local currency. It is noted that, given the current rating of ATF, the structural
features on the site do not provide sufficient comfort that the ratings of notes
climbed one step higher than the ratings originator.

[2010-07-30]