TIDM40CT

RNS Number : 8044N

Transport For London

22 May 2020

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014.

Transport for London (TfL)

22 May 2020

Transport for London Standard and Poor's Credit Rating

Transport for London ("TfL") announces t hat on 22 May 2020, Standard and Poor's Global Ratings ("S&P") downgraded its issuer credit ratings to 'A+/A-1' from 'AA-/A-1+'. The outlook is negative.

For further information, please contact:

Transport for London

5 Endeavour Square

London E20 1JN

Email: GroupTreasury@tfl.gov.uk

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END

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