Sao Paulo, June 23, 2015 -- Moody's has concluded an internal review of the financial statements of all issuers within its Brazil Infrastructure and Project Finance Portfolio to ensure that our adjustments to the financials of those issuers reflect Moody´s standard accounting adjustments in a manner that is consistent with the standard adjustments applied to similar issuers operating in other global markets. The primary changes resulting from this review centered around adjustments relating to the cash and non-cash portion of financial expenses, and included an analysis of the impact that these changes would have on our calculation of Funds From Operations (FFO). These changes have now been incorporated into the as-adjusted numbers and ratios in Moody's Financial MetricsTM.

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