(The following statement was released by the rating agency)

MILAN/FRANKFURT/LONDON, September 11 (Fitch) Fitch Ratings has withdrawn Nigeria’s Rivers State’s Long-term foreign and local currency Issuer Default Ratings (IDRs) of ‘BB-‘, with Negative and Stable Outlooks respectively, and its National Long-term rating of ‘AA-(nga)’, with Stable Outlook. KEY RATING DRIVERS Fitch has decided to discontinue the rating of Rivers State, due to lack of information. All ratings have subsequently been withdrawn. As a result Fitch will no longer provide ratings or analytical coverage on the issuer. RATING SENSITIVITIES Not applicable Contact: Primary Analyst Sergio Ciaramella Director +39 02 87 90 87 216 Fitch Italia SpA Via Morigi 6 – Ingresso Via Privata Maria Teresa, 8 20123 Milan Secondary Analyst Gian Luca Poggi Director +39 02 879087 293 Committee Chairperson Guido Bach Senior Director +49 69 768076 111 Media Relations: Peter Fitzpatrick, London, Tel: +44 20 3530 1103, Email: peter.fitzpatrick@fitchratings.com. Additional information is available onwww.fitchratings.com Applicable Criteria International Local and Regional Governments Rating Criteria (pub. 18 May 2015) here Tax-Supported Rating Criteria (pub. 14 Aug 2012)here Additional Disclosures <a href=”https://www.fitchratings.com/creditdesk/press_releases/content/ridf_frame. cfm?pr_id=990702″>Dodd-Frank Rating Information Disclosure Form Solicitation Status here <a href=”https://www.fitchratings.com/jsp/creditdesk/PolicyRegulation.faces?context=2&detail=31″>Endorsement Policy ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: here. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY’S PUBLIC WEBSITE ‘WWW.FITCHRATINGS.COM‘. PUBLISHED