Deutsche Lufthansa AG http://www.alacrastore.com/company-snapshot/Deutsche_Lufthansa_AG-1010181 Monday, October 13, 2008 12:46:57 PM 1010181 Deutsche Lufthansa AG en AlacraStore RSS Builder 1.0 30 BELGIUM - Deutsche Lufthansa AG (DL) of Germany was granted an option to acquire the remaining ##% interest, which it did not already own, in Brussels Airlines (BA), a Diegem-based passenger airline, from SN Airholding (SA). The transaction was subject to DL Supervisory Board, SA Board and shareholders and regulatory approvals. Concurrently, DL planned to acquire a ##% stake, in BA.8/30/2008 11:02:08 AM25156111744J25156183313FDeutsche Lufthansa AGBrussels AirlinesDeutsche Lufthansa AGSN Airholdinghttp://www.alacrastore.com/storecontent/Thomson_M%26A/Deutsche_Lufthansa_AG_intends_to_acquire_Brussels_Airlines_from_SN_Airholding-2007913040sdc/20079130402007913040Copyright © 2008, Thomson Financial, All Rights ReservedFrankfurtAir Transportation and ShippingGermanyAir transportation, scheduled4512FFForeignPublicLHA4512:Air transportation, scheduled4513:Air courier services4731:Arrangement of transportation of freight and cargo5812:Eating places7379:Computer related services,nec7538:General automotive repair shops7699:Repair shops and related services, nec4512:Air transportation, scheduled4513:Air courier services4731:Arrangement of transportation of freight and cargo5812:Eating places7379:Computer related services,nec7538:General automotive repair shops7699:Repair shops and related services, necAir Transportation and ShippingBelgiumAir transportation, scheduled4512FFForeignSubsidiary1804002Passenger airlinePassenger airline; hldg coUnspecifiedStock804209002Aug 30 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.0000021.0000022.00000Deutsche Lufthansa AG, locatedin Frankfurt, Germany,provides passenger airlineservices through its AirDolomiti, Lufthansa CityLine,the Eurowings group includingGermanwings and SwissInternational Air Linessubsidiaries. It also providescargo carrier and airfreightservices through its LufthansaCargo unit as well as marketscargo capacities on aircraftsoperated by Condor,SunExpress, Croatia Airlines,euroAtlantic and Viva Macau.The Company is also offeringmaintenance repair overhaul tocivil aircrafts as well asairline catering and aviationIT services. The Company wasfounded in 1926.Deutsche Lufthansa AG, located in Frankfurt, Germany,provides passenger airline services through its AirDolomiti, Lufthansa CityLine, the Eurowings group includingGermanwings and Swiss International Air Lines subsidiaries.It also provides cargo carrier and airfreight servicesthrough its Lufthansa Cargo unit as well as markets cargocapacities on aircrafts operated by Condor, SunExpress,Croatia Airlines, euroAtlantic and Viva Macau. The Companyis also offering maintenance repair overhaul to civilaircrafts as well as airline catering and aviation ITservices. The Company was founded in 1926.Deutsche Lufthansa AG, located in Frankfurt, Germany, provides passenger airline services through its Air Dolomiti, Lufthansa CityLine, the Eurowings group including Germanwings and Swiss International Air Lines subsidiaries. It also provides cargo carrier and airfreight services through its Lufthansa Cargo unit as well as markets cargo capacities on aircrafts operated by Condor, SunExpress, Croatia Airlines, euroAtlantic and Viva Macau. The Company is also offering maintenance repair overhaul to civil aircrafts as well as airline catering and aviation IT services. The Company was founded in 1926.1.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.00000Brussels Airlines,headquartered in Diegem,Belgium, is a passengerairline. The group's fleetflies 300 flights daily tosome 55 European airports fromits hub in Brussels whichincludes to 14 destinations inAfrica, 2 in North America, inthe United Arab Emirates,China and India. The companywas founded in 2006.Brussels Airlines, headquartered in Diegem, Belgium, is apassenger airline. The group's fleet flies 300 flights dailyto some 55 European airports from its hub in Brussels whichincludes to 14 destinations in Africa, 2 in North America,in the United Arab Emirates, China and India. The companywas founded in 2006.Brussels Airlines, headquartered in Diegem, Belgium, is a passenger airline. The group's fleet flies 300 flights daily to some 55 European airports from its hub in Brussels which includes to 14 destinations in Africa, 2 in North America, in the United Arab Emirates, China and India. The company was founded in 2006.0.000000.000000.000000.00000Y28 Aug 08Thu, 28 Aug 2008 00:00:00 ESTDate Announced: 08/28/2008Date Effective:MergerFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.000000.000000.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.0000045.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.00000BELGIUM - Deutsche LufthansaAG (DL) of Germany was grantedan option to acquire theremaining 55% interest, whichit did not already own, inBrussels Airlines (BA), aDiegem-based passengerairline, from SN Airholding(SA). The transaction wassubject to DL SupervisoryBoard, SA Board andshareholders and regulatoryapprovals. Concurrently, DLplanned to acquire a 45%stake, in BA.BELGIUM - Deutsche Lufthansa AG (DL) of Germany was granted an option to acquire the remaining 55% interest, which it did not already own, in Brussels Airlines (BA), a Diegem-based passenger airline, from SN Airholding (SA). The transaction was subject to DL Supervisory Board, SA Board and shareholders and regulatory approvals. Concurrently, DL planned to acquire a 45% stake, in BA.BELGIUM - Deutsche Lufthansa AG (DL) of Germany was granted an option to acquire theremaining 55% interest, which it did not already own, in Brussels Airlines (BA), aDiegem-based passenger airline, from SN Airholding (SA). The transaction was subject to DLSupervisory Board, SA Board and shareholders and regulatory approvals. Concurrently, DLplanned to acquire a 45% stake, in BA.BELGIUM - Deutsche Lufthansa AG (DL) of Germany was granted an option to acquire the remaining 55% interest, which it did not already own, in Brussels Airlines (BA), a Diegem-based passenger airline,from SN Airholding (SA). The transaction was subject to DL Supervisory Board, SA Board and shareholders and regulatory approvals. Concurrently, DL planned to acquire a 45% stake, in BA.BELGIUM - Deutsche Lufthansa AG (DL) of Germany was granted an option to acquire the remaining 55% interest, which it did not alreadyown, in Brussels Airlines (BA), a Diegem-based passenger airline, from SN Airholding (SA). The transaction was subject to DL SupervisoryBoard, SA Board and shareholders and regulatory approvals. Concurrently, DL planned to acquire a 45% stake, in BA.Intended0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Intended-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000004512:Air transportation, scheduled1804002FrankfurtGermany4512ForeignPublicLHA4512:Air transportation, scheduled6719:Offices of holding companies, nec814210001Belgium4512ForeignPrivate0.000000.000000.000000.00000Deal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/spcred/662612spcred/662612normThe latest Summary from S&Pglobalstructured7/31/2008 2:03:00 PM175Summary662612GermanyAirlinesAsiaEmerging MarketsEurope, Middle East, AfricaLatin AmericaUnited StatesGlobal IssuersStructured FinanceFinancial InstitutionsCorporationsAsset-Backed SecuritiesCollateralized Debt ObligationsTransportationSummaryThe ratings on Germany-based aviation group Deutsche Lufthansa AG are supported by its dominant market positions, improving operating performance, and healthy balance-sheet structure. The ratings are constrained by the high-risk and cyclical airline industry, a sharp increase in fuel costs, and aggressive competition from low-cost carriers. Lufthansa reported total debt of about €3.3 billion and provisions for postretirement liabilities of €2.5 billion at June 30, 2008. Lufthansa is Europe's second-largest airline in terms of passenger traffic and is the largest provider of maintenance, repair, and overhaul (MRO) services in the region. The group generated revenues of €22.4 billion in 2007, deriving about 80% of revenues from its passenger airline and cargo transport activities, and 10% from MRO activities. Lufthansa enjoysDEU25156120302010 203020 2030 20Deutsche Lufthansa AG118152ASIAEMERGINGEUROMIDAFRLATAMERICAUSALHA@GRSUMMARYGLOBISSSTRUCFICORPABSCDOTransportationCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/T1912567ccbn/T1912567norm...Good afternoon, ladies and gentlemen, and welcome to the Lufthansa conference call. At this time, all participants are in listen-only mode until we conduct the question answering session, and instructions will be given at that time. (OPERATOR INSTRUCTIONS).Just to remind you, this conference call is being recorded. I would now like over to you chairperson, Mr. Frank Hulsmann. Please begin your meeting and I will be standing by. ... 7/31/2008 4:07:00 AMDeutsche Lufthansa54.0000FinalDeutsche Lufthansa Q2 2008 Earnings Conference Call TranscriptDLAKY1:30pm CETTranscriptT1912567Credit & Investment ResearchThomson StreetEventsCANADA - LSG Lufthansa Service Holding AG, a wholly-owned unit of Deutsche Lufthansa AG, agreed to raise its interest to ##% from ##%, by acquiring a ##% stake, in CLS Catering Services Ltd, a provider of airline catering services, from its joint venture partner Caterwell One (Netherlands) BV, a unit of Cathay Pacific Airways Ltd's Cathay Pacific Catering Services (HK) Ltd subsidiary, for #.## mil Canadian dollars ($#.# mil US). The consideration was to consist of C$#.## mil ($#.### mil) in cash and up to C$#.# mil ($#.### mil) in profit-related payments. The transaction was subject to regulatory approval.7/24/2008 2:29:24 PM50216K13076Y251561148906LSG Lufthansa Service Holding AGCLS Catering Services LtdDeutsche Lufthansa AGCathay Pacific Airways Ltdhttp://www.alacrastore.com/storecontent/Thomson_M%26A/LSG_Lufthansa_Service_Hldg_AG_acquires_a_minority_stake_in_CLS_Catering_Services_Ltd_from_Cathay_Pacific_Airways_Ltd-1998148040sdc/19981480401998148040Copyright © 2008, Thomson Financial, All Rights ReservedRetail Trade-Eating and Drinking PlacesGermanyEating places5812FFForeignSubsidiary5812:Eating places7389:Business services, nec4512:Air transportation, scheduled4513:Air courier services4731:Arrangement of transportation of freight and cargo5812:Eating places7379:Computer related services,nec7538:General automotive repair shops7699:Repair shops and related services, necRetail Trade-Eating and Drinking PlacesCanadaEating places5812FFForeignJoint Venture145500002Passenger airlinePvd air transp svcsCashEarnoutStock1030384001Jul 24 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000002.857004.240000.000000.000000.000000.000000.000000.000000.000000.0000031 Dec 0731 Dec 0731 Dec 0631 Dec 0531 Dec 0431 Dec 031.002001.000002.000003.000004.000005.00000LSG Lufthansa Service HoldingAG, located in Neu-Isenburg,Germany, provides in-flightcatering services. The companywas founded in 1995.LSG Lufthansa Service Holding AG, located in Neu-Isenburg,Germany, provides in-flight catering services. The companywas founded in 1995.LSG Lufthansa Service Holding AG, located in Neu-Isenburg, Germany, provides in-flight catering services. The company was founded in 1995.1.000002.000003.000004.000005.000006.000007.000008.00000CLS Catering Services Ltdprovides airline cateringservices. The company isheadquartered in Richmond,British Columbia, and also hasan office in Mississauga,Ontario. It was founded in1980.CLS Catering Services Ltd provides airline cateringservices. The company is headquartered in Richmond, BritishColumbia, and also has an office in Mississauga, Ontario. Itwas founded in 1980.CLS Catering Services Ltd provides airline catering services. The company is headquartered in Richmond, British Columbia, and also has an office in Mississauga, Ontario. It was founded in 1980.0.000000.000000.000000.00000YCanadian Dollar22 Jul 08Tue, 22 Jul 2008 00:00:00 ESTDate Announced: 07/22/2008Date Effective:Acq. Part. Int.Neutral0.000000.000000.000000.000000.000000.00000Price/Share0.000006.75 Canadian Dollar6.750000.000006.75 Canadian Dollar6.750000.000000.000000.000000.000006.750006.75 Canadian Dollar0.99300N3.365000.000000.000000.000000.000000.000006.700006.700000.000000.000000.000000.000000.000000.0000040.0000030.000000.000000.000008.212007.895000.000000.000007.895000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000002.747000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.0000021.0000022.00000CANADA - LSG Lufthansa ServiceHolding AG, a wholly-ownedunit of Deutsche Lufthansa AG,agreed to raise its interestto 70% from 40%, by acquiringa 30% stake, in CLS CateringServices Ltd, a provider ofairline catering services,from its joint venture partnerCaterwell One (Netherlands)BV, a unit of Cathay PacificAirways Ltd's Cathay PacificCatering Services (HK) Ltdsubsidiary, for 6.75 milCanadian dollars ($6.7 milUS). The consideration was toconsist of C$5.55 mil ($5.509mil) in cash and up to C$1.2mil ($1.191 mil) inprofit-related payments. Thetransaction was subject toregulatory approval.CANADA - LSG Lufthansa Service Holding AG, a wholly-owned unit of Deutsche Lufthansa AG, agreed to raise its interest to 70% from 40%, by acquiring a 30% stake, in CLS Catering Services Ltd, a provider of airline catering services, from its joint venture partner Caterwell One (Netherlands) BV, a unit of Cathay Pacific Airways Ltd's Cathay Pacific Catering Services (HK) Ltd subsidiary, for 6.75 mil Canadian dollars ($6.7 mil US). The consideration was to consist of C$5.55 mil ($5.509 mil) in cash and up to C$1.2 mil ($1.191 mil) in profit-related payments. The transaction was subject to regulatory approval.CANADA - LSG Lufthansa Service Holding AG, a wholly-owned unit of Deutsche Lufthansa AG,agreed to raise its interest to 70% from 40%, by acquiring a 30% stake, in CLS CateringServices Ltd, a provider of airline catering services, from its joint venture partnerCaterwell One (Netherlands) BV, a unit of Cathay Pacific Airways Ltd's Cathay PacificCatering Services (HK) Ltd subsidiary, for 6.75 mil Canadian dollars ($6.7 mil US). Theconsideration was to consist of C$5.55 mil ($5.509 mil) in cash and up to C$1.2 mil($1.191 mil) in profit-related payments. The transaction was subject to regulatoryapproval.CANADA - LSG Lufthansa Service Holding AG, a wholly-owned unit of Deutsche Lufthansa AG, agreed to raise its interest to 70% from 40%, by acquiring a 30% stake, in CLS Catering Services Ltd, aprovider of airline catering services, from its joint venture partner Caterwell One (Netherlands) BV, a unit of Cathay Pacific Airways Ltd's Cathay Pacific Catering Services (HK) Ltd subsidiary, for6.75 mil Canadian dollars ($6.7 mil US). The consideration was to consist of C$5.55 mil ($5.509 mil) in cash and up to C$1.2 mil ($1.191 mil) in profit-related payments. The transaction was subject toregulatory approval.CANADA - LSG Lufthansa Service Holding AG, a wholly-owned unit of Deutsche Lufthansa AG, agreed to raise its interest to 70% from 40%, byacquiring a 30% stake, in CLS Catering Services Ltd, a provider of airline catering services, from its joint venture partner CaterwellOne (Netherlands) BV, a unit of Cathay Pacific Airways Ltd's Cathay Pacific Catering Services (HK) Ltd subsidiary, for 6.75 mil Canadiandollars ($6.7 mil US). The consideration was to consist of C$5.55 mil ($5.509 mil) in cash and up to C$1.2 mil ($1.191 mil) inprofit-related payments. The transaction was subject to regulatory approval.Pending0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000002.740000.000000.000000.000000.000000.000002.850000.000000.000000.000000.000002.850000.000000.000000.000000.000000.000004.230000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:PendingC7.895007.8950.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000008.212005812:Eating places1804002FrankfurtGermany4512ForeignPublicLHA4512:Air transportation, scheduled1090002OTCHong Kong4512ForeignPublicCPCAY6.700006.750006.700003.36500Deal InformationTF Mergers & AcquisitionsGERMANY - SSP Deutschland GmbH, formerly known as Mitropa GmbH, acquired LSG-Airport Gastronomie Gesellschaft mbH, a Frankfurt-based provider of catering services at airports, from LSG Lufthansa Service Holding AG.7/4/2008 11:06:12 AM78890F50313J78890F251561SSP Deutschland GmbHLSG-Airport Gastronomie Gesellschaft mbHSSP Deutschland GmbHDeutsche Lufthansa AGhttp://www.alacrastore.com/storecontent/Thomson_M%26A/SSP_Deutschland_GmbH_acquires_LSG_Airport_Gastronomie_from_Deutsche_Lufthansa_AG-1993057040sdc/19930570401993057040Copyright © 2008, Thomson Financial, All Rights ReservedRetail Trade-Eating and Drinking PlacesGermanyEating places5812FFForeignPrivate5812:Eating places5813:Drinking places (alcoholic beverages)5812:Eating places5813:Drinking places (alcoholic beverages)Retail Trade-Eating and Drinking PlacesGermanyEating places5812FFForeignSubsidiary1026878001Own,op restaurantsPassenger airlineUnspecifiedAssets677839001Jul 4 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.00000SSP Deutschland GmbH, locatedin Eschborn, Germany, owns andoperates restaurants andprovides catering services atairports, railway stations.SSP provides service inCentral Europe, Middle Eastand India. The company wasformerly known as MITROPAGmbH.SSP Deutschland GmbH, located in Eschborn, Germany, owns andoperates restaurants and provides catering services atairports, railway stations. SSP provides service in CentralEurope, Middle East and India. The company was formerlyknown as MITROPA GmbH.SSP Deutschland GmbH, located in Eschborn, Germany, owns and operates restaurants and provides catering services at airports, railway stations. SSP provides service in Central Europe, Middle East and India. The company was formerly known as MITROPA GmbH.1.000002.000003.000004.000005.000006.000007.000008.000009.00000LSG-Airport GastronomieGesellschaft GmbH, located inFrankfurt, Germany, providescatering services at airports.The company has brands such asIlly Espresso, Lavazza,Segafredo, and Becks BeerBars. It operates 36 cafes,bars and food courts.LSG-Airport Gastronomie Gesellschaft GmbH, located inFrankfurt, Germany, provides catering services at airports.The company has brands such as Illy Espresso, Lavazza,Segafredo, and Becks Beer Bars. It operates 36 cafes, barsand food courts.LSG-Airport Gastronomie Gesellschaft GmbH, located in Frankfurt, Germany, provides catering services at airports. The company has brands such as Illy Espresso, Lavazza, Segafredo, and Becks Beer Bars. It operates 36 cafes, bars and food courts.0.000000.000000.000000.00000N02 Jul 08Wed, 02 Jul 2008 00:00:00 ESTDate Announced: 07/02/200802 Jul 08Date Effective: 07/02/200802 Jul 08Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.00000100.00000100.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.00000GERMANY - SSP DeutschlandGmbH, formerly known asMitropa GmbH, acquiredLSG-Airport GastronomieGesellschaft mbH, aFrankfurt-based provider ofcatering services at airports,from LSG Lufthansa ServiceHolding AG.GERMANY - SSP Deutschland GmbH, formerly known as Mitropa GmbH, acquired LSG-Airport Gastronomie Gesellschaft mbH, a Frankfurt-based provider of catering services at airports, from LSG Lufthansa Service Holding AG.GERMANY - SSP Deutschland GmbH, formerly known as Mitropa GmbH, acquired LSG-AirportGastronomie Gesellschaft mbH, a Frankfurt-based provider of catering services at airports,from LSG Lufthansa Service Holding AG.GERMANY - SSP Deutschland GmbH, formerly known as Mitropa GmbH, acquired LSG-Airport Gastronomie Gesellschaft mbH, a Frankfurt-based provider of catering services at airports, from LSG LufthansaService Holding AG.GERMANY - SSP Deutschland GmbH, formerly known as Mitropa GmbH, acquired LSG-Airport Gastronomie Gesellschaft mbH, a Frankfurt-basedprovider of catering services at airports, from LSG Lufthansa Service Holding AG.Completed0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000005812:Eating places5813:Drinking places (alcoholic beverages)1026878001Germany5812ForeignPrivate4512:Air transportation, scheduled4513:Air courier services4731:Arrangement of transportation of freight and cargo5812:Eating places7379:Computer related services,nec7538:General automotive repair shops7699:Repair shops and related services, nec1804002FrankfurtGermany4512ForeignPublicLHA0.000000.000000.000000.00000Deal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/spcred/656328spcred/656328normThe latest Summary from S&Pglobalstructured6/26/2008 3:28:52 PM175Summary656328GermanyAirlinesAsiaEmerging MarketsEurope, Middle East, AfricaLatin AmericaUnited StatesGlobal IssuersStructured FinanceFinancial InstitutionsCorporationsAsset-Backed SecuritiesCollateralized Debt ObligationsTransportationSummaryThe ratings on Germany-based aviation group Deutsche Lufthansa AG are supported by its dominant market positions, improving operating performance, and healthy balance-sheet structure. The ratings are constrained by the high-risk and cyclical airline industry, sharp increase in fuel costs, and aggressive competition from low-cost carriers. Lufthansa reported total debt of about €3.3 billion and provisions for postretirement liabilities of €2.5 billion at March 31, 2008. Lufthansa is Europe's second-largest airline in terms of passenger traffic and is the largest provider of maintenance, repair and overhaul (MRO) services in the region. The group generated revenues of €22.4 billion in 2007, deriving about 80% of revenues from its passenger airline and cargo transport activities, and 10% from MRO activities. Lufthansa enjoys aDEU25156120302010 203020 2030 20Deutsche Lufthansa AG118152ASIAEMERGINGEUROMIDAFRLATAMERICAUSALHA@GRSUMMARYGLOBISSSTRUCFICORPABSCDOTransportationCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/656311spcred/656311normThe latest Full Report from S&Pglobalstructured6/26/2008 1:14:52 PM400Full Report656311GermanyAirlinesAsiaEmerging MarketsEurope, Middle East, AfricaLatin AmericaUnited StatesGlobal IssuersStructured FinanceFinancial InstitutionsCorporationsAsset-Backed SecuritiesCollateralized Debt ObligationsTransportationFull ReportPredominant position at Frankfurt and Munich hubs and above-average exposure to profitable long-haul business Valued brand and good exposure to high-yield premium traffic Leading European player in transport of cargo and maintenance, repair, and overhaul (MRO), which provides some diversification Very healthy liquidity and consistent free cash flows Participation in cyclical, price-competitive, and capital-intensive airline industry Dramatic rise in crude oil prices constrains profitability Decentralized home market, which increases pressure from low-cost carriers in domestic and European markets The ratings on Germany-based aviation group Deutsche Lufthansa AG are supported by its dominant market positions, improving operating performance, and healthy balance-sheet structure. The ratings are constrained by the high-risk and cyclical airline industry, sharp increase in fuel costs, and aggressive competitionDEU25156120302010 203020 2030 20Deutsche Lufthansa AG118152ASIAEMERGINGEUROMIDAFRLATAMERICAUSALHA@GRFULLGLOBISSSTRUCFICORPABSCDOTransportationCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_157976_807397613moodys/PR_157976_807397613htmlGlobal Credit Research Rating Action ## JUN #### Rating Action: SAS AB Moody's changes British Airways outlook to negative reflecting potential impact of higher fuel prices. The ratings and outlooks of SAS and Lufthansa remain unchanged....6/25/2008 12:31:12 AMhtmlSAS ABBritish Airways Finance (Jersey) L.P.Deutsche Lufthansa AktiengesellschaftSAS Denmark-Norway-SwedenLufthansa International Finance N.V.British Airways, PlcBritish Airways Finance (Jersey) L.P.; British Airways, Plc; ...80739761360004796127758526422466115650150.0000NewsRating ActionPR_157976_807397613Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/654670spcred/654670normThe latest Summary from S&Pglobalstructured6/18/2008 1:00:16 PM175Summary654670GermanyAirlinesAsiaEmerging MarketsEurope, Middle East, AfricaLatin AmericaUnited StatesStructured FinanceGlobal IssuersFinancial InstitutionsCorporationsAsset-Backed SecuritiesCollateralized Debt ObligationsTransportationSummaryThe ratings on Germany-based aviation group Deutsche Lufthansa AG are supported by its dominant market positions, improved operating performance, and healthy balance-sheet structure. The ratings are constrained by the high-risk and cyclical airline industry, sharp increase in fuel costs, and aggressive competition from low-cost carriers. Lufthansa reported total debt of about €3.3 billion and provisions for postretirement liabilities of €2.5 billion at March 31, 2008. Lufthansa is Europe's second-largest airline in terms of passenger traffic and the largest provider of maintenance, repair, and overhaul (MRO) services in the region. The group generated revenues of €22.4 billion in 2007, deriving about 80% of revenues from its passenger airline and cargo transport activities, and 10% from MRO activities. Lufthansa enjoys a satisfactoryDEU25156120302010 203020 2030 20Deutsche Lufthansa AG118152ASIAEMERGINGEUROMIDAFRLATAMERICAUSALHA@GRSUMMARYSTRUCGLOBISSFICORPABSCDOTransportationCredit & Investment ResearchS&P Credit ResearchUS - Orval Kent Food Co acquired Fresh Creative Foods LLC, a San Diego-based owner and operator of grocery stores. Terms were not disclosed.5/3/2008 1:49:33 PM68760535812C25156135812COrval Kent Food CoFresh Creative Foods LLCDeutsche Lufthansa AGFresh Creative Foods LLChttp://www.alacrastore.com/storecontent/Thomson_M%26A/Orval_Kent_Food_Co_acquires_Fresh_Creative_Foods_LLC-1974511020sdc/19745110201974511020Copyright © 2008, Thomson Financial, All Rights ReservedFood and Kindred ProductsUnited StatesBread and other bakery products, except cookies2051ILIllinoisSubsidiary2037:Frozen fruits, fruit juices, and vegetables2051:Bread and other bakery products, except cookies4512:Air transportation, scheduled4513:Air courier services4731:Arrangement of transportation of freight and cargo5812:Eating places7379:Computer related services,nec7538:General automotive repair shops7699:Repair shops and related services, necRetail Trade-Food StoresUnited StatesGrocery stores5411CACaliforniaPrivate31965004Passenger airlineOwn,op grocery storesUnspecifiedAssets1008813001May 3 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.00000Orval Kent Food Co, located inWheeling, Illinois, producesduce salads for food markets,delicatessens and restaurants.Orval Kent Food Co, located in Wheeling, Illinois, producesduce salads for food markets, delicatessens and restaurants.Orval Kent Food Co, located in Wheeling, Illinois, produces duce salads for food markets, delicatessens and restaurants.1.000002.000003.000004.000005.00000Fresh Creative Foods LLC,located in San Diego,California, owns and operatesgrocery stores andsupermarkets.Fresh Creative Foods LLC, located in San Diego, California,owns and operates grocery stores and supermarkets.Fresh Creative Foods LLC, located in San Diego, California, owns and operates grocery stores and supermarkets.0.000000.000000.000000.00000Y01 May 08Thu, 01 May 2008 00:00:00 ESTDate Announced: 05/01/200801 May 08Date Effective: 05/01/200801 May 08Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.00000100.00000100.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.00000US - Orval Kent Food Coacquired Fresh Creative FoodsLLC, a San Diego-based ownerand operator of grocerystores. Terms were notdisclosed.US - Orval Kent Food Co acquired Fresh Creative Foods LLC, a San Diego-based owner and operator of grocery stores. Terms were not disclosed.US - Orval Kent Food Co acquired Fresh Creative Foods LLC, a San Diego-based owner andoperator of grocery stores. Terms were not disclosed.US - Orval Kent Food Co acquired Fresh Creative Foods LLC, a San Diego-based owner and operator of grocery stores. Terms were not disclosed.US - Orval Kent Food Co acquired Fresh Creative Foods LLC, a San Diego-based owner and operator of grocery stores. Terms were notdisclosed.Completed0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000005411:Grocery stores1804002FrankfurtGermany4512ForeignPublicLHA5411:Grocery stores1008813001United States5411CaliforniaPrivate0.000000.000000.000000.00000Deal InformationTF Mergers & AcquisitionsBELGIUM - Deutsche Lufthansa AG of Germany was rumored to be planning to acquire Brussels Airlines, a Zaventem-based passenger airline, from SN Airholding.4/30/2008 5:15:34 PM25156183558C25156183313FDeutsche Lufthansa AGBrussels AirlinesDeutsche Lufthansa AGSN Airholdinghttp://www.alacrastore.com/storecontent/Thomson_M%26A/Deutsche_Lufthansa_AG_is_rumored_to_be_planning_to_acquire_Brussels_Airlines_from_SN_Airholding-1973426040sdc/19734260401973426040Copyright © 2008, Thomson Financial, All Rights ReservedFrankfurtAir Transportation and ShippingGermanyAir transportation, scheduled4512FFForeignPublicLHA4512:Air transportation, scheduled4513:Air courier services4731:Arrangement of transportation of freight and cargo5812:Eating places7379:Computer related services,nec7538:General automotive repair shops7699:Repair shops and related services, nec4512:Air transportation, scheduled4513:Air courier services4731:Arrangement of transportation of freight and cargo5812:Eating places7379:Computer related services,nec7538:General automotive repair shops7699:Repair shops and related services, necAir Transportation and ShippingBelgiumAir transportation, scheduled4512FFForeignSubsidiary1804002Passenger airlineInvest hldg coNot ApplicableAssets804209001Apr 30 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.0000021.0000022.00000Deutsche Lufthansa AG, locatedin Frankfurt, Germany,provides passenger airlineservices through its AirDolomiti, Lufthansa CityLine,the Eurowings group includingGermanwings and SwissInternational Air Linessubsidiaries. It also providescargo carrier and airfreightservices through its LufthansaCargo unit as well as marketscargo capacities on aircraftsoperated by Condor,SunExpress, Croatia Airlines,euroAtlantic and Viva Macau.The Company is also offeringmaintenance repair overhaul tocivil aircrafts as well asairline catering and aviationIT services. The Company wasfounded in 1926.Deutsche Lufthansa AG, located in Frankfurt, Germany,provides passenger airline services through its AirDolomiti, Lufthansa CityLine, the Eurowings group includingGermanwings and Swiss International Air Lines subsidiaries.It also provides cargo carrier and airfreight servicesthrough its Lufthansa Cargo unit as well as markets cargocapacities on aircrafts operated by Condor, SunExpress,Croatia Airlines, euroAtlantic and Viva Macau. The Companyis also offering maintenance repair overhaul to civilaircrafts as well as airline catering and aviation ITservices. The Company was founded in 1926.Deutsche Lufthansa AG, located in Frankfurt, Germany, provides passenger airline services through its Air Dolomiti, Lufthansa CityLine, the Eurowings group including Germanwings and Swiss International Air Lines subsidiaries. It also provides cargo carrier and airfreight services through its Lufthansa Cargo unit as well as markets cargo capacities on aircrafts operated by Condor, SunExpress, Croatia Airlines, euroAtlantic and Viva Macau. The Company is also offering maintenance repair overhaul to civil aircrafts as well as airline catering and aviation IT services. The Company was founded in 1926.1.000002.000003.000004.000005.000006.000007.00000Brussels Airlines, located inZaventem, Belgium, is apassenger airline with a fleetof 49 aircrafts and connectingits home bse at BrusselsAirport with over 50 Europeandestinations.Brussels Airlines, located in Zaventem, Belgium, is apassenger airline with a fleet of 49 aircrafts andconnecting its home bse at Brussels Airport with over 50European destinations.Brussels Airlines, located in Zaventem, Belgium, is a passenger airline with a fleet of 49 aircrafts and connecting its home bse at Brussels Airport with over 50 European destinations.0.000000.000000.000000.00000Y28 Apr 08Mon, 28 Apr 2008 00:00:00 ESTDate Announced: 04/28/2008Date Effective:Acq. of AssetsNot Appl.0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.000000.000000.00000</