UCO Bank - Updates

UCO Bank Ltd has informed BSE about the rating migrations relating to issue of bonds as under:

1. Issue Description: 8.70% Upper Tier II Bonds Series I
Ratings Assigned: 'AA-' Stable
Ratings Migrations: Downgraded by CRISIL from 'AA' STABLE w.e.f. December 07, 2007

2. Issue Description: 9.28% Upper Tier II Bonds Series II
Ratings Assigned: 'AA-' Stable
Ratings Migrations: Downgraded by CRISIL from 'AA' STABLE w.e.f. December 07, 2007

3. Issue Description: 9.50% Perpetual Bonds Series I
Ratings Assigned: 'AA-' Stable
Ratings Migrations: Downgraded by CRISIL from 'AA' STABLE w.e.f. December 07, 2007

4. Issue Description: 9.35% Perpetual Bonds Series II
Ratings Assigned: 'AA-' Stable
Ratings Migrations: Downgraded by CRISIL from 'AA' STABLE w.e.f. December 07, 2007.