Business News

Hadera Paper Ltd.: (A+)/Negative Outlook Credit Rating

Monday 12. October 2009 - Hadera Paper Ltd. (AMEX:AIP) (the "Company" or "Hadera Paper") announced that Maalot- Israeli Securities Rating Company Ltd. (an affiliate of Standard and Poor's) announced a re-rating of (A+) with Negative Outlook for the Company's debenture series.

Hadera Paper Ltd. (AMEX:AIP) (the “Company” or “Hadera Paper”)
announced that Maalot- Israeli Securities Rating Company Ltd. (an affiliate
of Standard and Poor’s) announced a re-rating of (A+) with Negative Outlook
for the Company’s debenture series.