TIDM40CT

RNS Number : 7278O

Transport For London

02 June 2020

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

Transport for London (TfL)

2 June 2020

Transport for London Moody's Credit Rating

Transport for London ("TfL") announces t hat on 2 June 2020, Moody's Investor Services ("Moody's") has placed its Aa3 long-term ratings on review for downgrade. Moody's has also downgraded TfL's baseline credit assessment to a3 from a2 and affirmed TfL's P-1 short-term ratings.

For further information, please contact:

Transport for London

5 Endeavour Square

London E20 1JN

Email: GroupTreasury@tfl.gov.uk

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June 02, 2020 11:13 ET (15:13 GMT)

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