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Corporate Credit Rating Upgraded to A- for Public Tenders

2015-06-18

Ssangyong E&C’s corporate credit rating for public tenders has been upgraded to A- by
E-Credible on June 18.

Last March, prior to the completion of its rehabilitation process, Ssangyong E&C had received BBB- ratingwhich allows the Company to participate in domestic public tenders asleading contractor. The Company’s rating was again upgraded to BBB0 at the end of April.

SsangyongE&C plans to increase its participation in public tendersin which the company has major strengths such as railway, expressway and etc.