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<item><link>http://www.alacrastore.com/research/moodys-global-credit-research-Moody_s_assigns_Ba1_and_Aaa_ar_ratings_to_YPF_s_bank_line-PR_190815_820815306</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_190815_820815306</moodys:docid><guid isPermaLink="false">moodys/PR_190815_820815306</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><pubDate>24 Nov 2009 07:33:54 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Petersen Energia, S.A.</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Repsol YPF S.A.</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">YPF Sociedad Anonima</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Petersen Energia, S.A.; Repsol YPF S.A.; YPF Sociedad Anonima</moodys:issuer_list><moodys:moodys_org_id xmlns:moodys="http://www.alacra.com/moodys">820815306</moodys:moodys_org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">12900</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600012370</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">820815306</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">23 Nov 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Rating Action</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>Moody's assigns Ba1 and Aaa.ar ratings to YPF's bank line</title><description>Global Credit Research Rating Action ## NOV ####   Rating Action: Petersen Energia, S.A. 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Moody's asigna calificaciones de Ba# y Aaa.ar a la lnea de crdito bancaria de YPF Aproximadamente $### millones de pesos argentinos ($## millones...</description><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">12900</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">1497</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">1498</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">19470</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">237000</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">534800</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">534850</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">600012370</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">600038201</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">820815306</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">94200</moodys:index_entry_child_id><moodys:index_entry_country xmlns:moodys="http://www.alacra.com/moodys">ARGENTINA</moodys:index_entry_country><moodys:index_entry_country xmlns:moodys="http://www.alacra.com/moodys">SPAIN</moodys:index_entry_country><moodys:index_entry_industry xmlns:moodys="http://www.alacra.com/moodys">INDUSTRIAL</moodys:index_entry_industry><moodys:index_entry_ultparent_id xmlns:moodys="http://www.alacra.com/moodys">12900</moodys:index_entry_ultparent_id><moodys:index_entry_ultparent_id xmlns:moodys="http://www.alacra.com/moodys">820815306</moodys:index_entry_ultparent_id><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T2479715</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T2479715</ccbn:docid><guid isPermaLink="false">ccbn/T2479715</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>12 Nov 2009 05:06:56 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2479715</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Final Transcript of REP earnings conference call or presentation, 12-Nov-09 4:00pm CET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Repsol YPF</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">106.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Repsol YPF Q3 2009 Earnings Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">REP</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">4:00pm CET</ccbn:time><title>Repsol YPF Q3 2009 Earnings Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><description>...Iain Reid Macquarie Securities Group - Analyst James Hubbard Morgan Stanley - Analyst Pablo Pena-Rich BPI - Analyst Michele Della Vigna Goldman Sachs - Analyst Alastair Syme Nomura Securities - Analyst Hootan Yazhari Merrill Lynch-Banc of America - Analyst Colin Smith ICAP - Analyst Irene Himona Exane BNP Paribas - Analyst Anish Kapadia UBS - Analyst Lydia Rainforth Barclays - Analyst Jason Kenney ING - Analyst...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/B2479715</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">B2479715</ccbn:docid><guid isPermaLink="false">ccbn/B2479715</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>12 Nov 2009 03:08:00 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2479715</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Edited Brief of REP earnings conference call or presentation, 12-Nov-09 4:00pm CET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Repsol YPF</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">106.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Edited</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Repsol YPF Q3 2009 Earnings Conference Call Summary</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">REP</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">4:00pm CET</ccbn:time><title>Repsol YPF Q3 2009 Earnings Conference Call Summary</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Brief</ccbn:type><description>...Iain Reid Macquarie Securities Group - Analyst James Hubbard Morgan Stanley - Analyst Pablo Pena-Rich BPI - Analyst Michele Della Vigna Goldman Sachs - Analyst Alastair Syme Nomura Securities - Analyst Hootan Yazhari Merrill Lynch-Banc of America - Analyst Colin Smith ICAP - Analyst Irene Himona Exane BNP Paribas - Analyst Anish Kapadia UBS - Analyst Lydia Rainforth Barclays - Analyst Jason Kenney ING - Analyst...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><title>Petrocat SA acquires Enex from Copcisa</title><description>SPAIN - Petrocat SA, a joint venture between Repsol YPF SA and Cia Espanola de Petroleros SA{CEPSA}, acquired Energy Express SL{Enex, a Barcelona-based provider of gas distribution services, from Construcciones y Obra Publicas y Civiles SA{Copcisa}. 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SA{Copcisa}</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/Petrocat_SA_acquires_Enex_from_Copcisa-2116509040</link><guid isPermaLink="false">sdc/2116509040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>2116509040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2009, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_MAINDUSTRY><sdc:value>Miscellaneous Retail Trade</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>Spain</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Gasoline service stations</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>5541</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>FF</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Foreign</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Joint Venture</sdc:value></sdc:a_STATUS><sdc:asic_SIC><sdc:value>5541:Gasoline service stations</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value sdc:p="0">1311:Crude petroleum and natural gas</sdc:value><sdc:value sdc:p="1">1381:Drilling oil and gas wells</sdc:value><sdc:value sdc:p="2">1382:Oil and gas field exploration services</sdc:value><sdc:value sdc:p="3">2911:Petroleum refining</sdc:value><sdc:value sdc:p="4">4911:Electric services</sdc:value><sdc:value sdc:p="5">5172:Petroleum and petroleum products wholesalers, nec</sdc:value></sdc:aupsic_SIC><sdc:b_MAINDUSTRY><sdc:value>Electric, Gas, and Water Distribution</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>Spain</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Gas production and/or distribution</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>4925</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>FF</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Foreign</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Subsidiary</sdc:value></sdc:b_STATUS><sdc:c_ACIDGEN><sdc:value>498329002</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Oil,gas expl,prodn co</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Constr co</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value>Unspecified</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Assets</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>1110105001</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Oct 10 2009</sdc:value></sdc:date_lastupdate><sdc:finbltm_BV><sdc:value>0.00000</sdc:value></sdc:finbltm_BV><sdc:finbltm_CASH><sdc:value>0.00000</sdc:value></sdc:finbltm_CASH><sdc:finbltm_CASHFLOW><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW><sdc:finbltm_CASHFLOW1><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW1><sdc:finbltm_CASHFLOW2><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW2><sdc:finbltm_CASHFLOW3><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW3><sdc:finbltm_CASHFLOW4><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW4><sdc:finbltm_CASHFLOW5><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW5><sdc:finbltm_COMEQ><sdc:value>0.00000</sdc:value></sdc:finbltm_COMEQ><sdc:finbltm_DEBTRAT><sdc:value>0.00000</sdc:value></sdc:finbltm_DEBTRAT><sdc:finbltm_DSER2><sdc:value>0.00000</sdc:value></sdc:finbltm_DSER2><sdc:finbltm_EBIT><sdc:value>0.00000</sdc:value></sdc:finbltm_EBIT><sdc:finbltm_EPS><sdc:value>0.00000</sdc:value></sdc:finbltm_EPS><sdc:finbltm_NI><sdc:value>0.00000</sdc:value></sdc:finbltm_NI><sdc:finbltm_PTINC><sdc:value>0.00000</sdc:value></sdc:finbltm_PTINC><sdc:finbltm_SALES><sdc:value>0.00000</sdc:value></sdc:finbltm_SALES><sdc:finbltm_STDEBT><sdc:value>0.00000</sdc:value></sdc:finbltm_STDEBT><sdc:finbltm_TASS><sdc:value>0.00000</sdc:value></sdc:finbltm_TASS><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_ANI><sdc:value>0.00000</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>0.00000</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>0.00000</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_RATE><sdc:value>0.00000</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">Petrocat SA, located in</sdc:value><sdc:value sdc:p="1">Barcelona, Spain, owns and</sdc:value><sdc:value sdc:p="2">operates gas stations. The</sdc:value><sdc:value sdc:p="3">company was founded in 1987.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Petrocat SA, located in Barcelona, Spain, owns and operates</sdc:value><sdc:value sdc:p="1">gas stations. The company was founded in 1987.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Petrocat SA, located in Barcelona, Spain, owns and operates gas stations. The company was founded in 1987.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">Energy Express SL{Enex},</sdc:value><sdc:value sdc:p="1">located in Barcelona, Spain,</sdc:value><sdc:value sdc:p="2">is a provider of gas</sdc:value><sdc:value sdc:p="3">distribution services. The</sdc:value><sdc:value sdc:p="4">company was founded in 1997.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">Energy Express SL{Enex}, located in Barcelona, Spain, is a</sdc:value><sdc:value sdc:p="1">provider of gas distribution services. The company was</sdc:value><sdc:value sdc:p="2">founded in 1997.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>Energy Express SL{Enex}, located in Barcelona, Spain, is a provider of gas distribution services. The company was founded in 1997.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>0.00000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>N</sdc:value></sdc:i_CROSS1><sdc:i_DATEANN><sdc:value>08 Oct 09</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Thu, 08 Oct 2009 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 10/08/2009</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFF><sdc:value>08 Oct 09</sdc:value></sdc:i_DATEEFF><sdc:i_DATEEFFS><sdc:value>Date Effective: 10/08/2009</sdc:value></sdc:i_DATEEFFS><sdc:i_DATEUNCON><sdc:value>08 Oct 09</sdc:value></sdc:i_DATEUNCON><sdc:i_DESCR><sdc:value>Acq. of Assets</sdc:value></sdc:i_DESCR><sdc:i_DESCR1><sdc:value>Friendly</sdc:value></sdc:i_DESCR1><sdc:i_FEEPCT><sdc:value>0.00000</sdc:value></sdc:i_FEEPCT><sdc:i_FEETOT><sdc:value>0.00000</sdc:value></sdc:i_FEETOT><sdc:i_HOSTAFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTAFEETOT><sdc:i_HOSTENTVAL><sdc:value>0.00000</sdc:value></sdc:i_HOSTENTVAL><sdc:i_HOSTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTFEETOT><sdc:i_HOSTPR><sdc:value>0.00000</sdc:value></sdc:i_HOSTPR><sdc:i_HOSTPRLABEL><sdc:value>Price/Share</sdc:value></sdc:i_HOSTPRLABEL><sdc:i_HOSTTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTTFEETOT><sdc:i_HOSTVALUE><sdc:value>0</sdc:value></sdc:i_HOSTVALUE><sdc:i_HOSTVALUE1><sdc:value>0.00000</sdc:value></sdc:i_HOSTVALUE1><sdc:i_HOST_EQVAL><sdc:value>0.00000</sdc:value></sdc:i_HOST_EQVAL><sdc:i_HOST_RANKVAL><sdc:value>0</sdc:value></sdc:i_HOST_RANKVAL><sdc:i_HOST_RANKVAL1><sdc:value>0.00000</sdc:value></sdc:i_HOST_RANKVAL1><sdc:i_PCTACQ><sdc:value>100.00000</sdc:value></sdc:i_PCTACQ><sdc:i_PCTOWN><sdc:value>100.00000</sdc:value></sdc:i_PCTOWN><sdc:i_PR><sdc:value>0.00000</sdc:value></sdc:i_PR><sdc:i_PR_INITIAL><sdc:value>0.00000</sdc:value></sdc:i_PR_INITIAL><sdc:i_RANKVAL><sdc:value>0.00000</sdc:value></sdc:i_RANKVAL><sdc:i_RANK_HOSTRANKVAL><sdc:value>0</sdc:value></sdc:i_RANK_HOSTRANKVAL><sdc:i_RATE><sdc:value>0.00000</sdc:value></sdc:i_RATE><sdc:i_STATUS_MMC><sdc:value>N</sdc:value></sdc:i_STATUS_MMC><sdc:i_STGVAL><sdc:value>0.00000</sdc:value></sdc:i_STGVAL><sdc:i_TERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TERMFEE><sdc:i_TFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_TFEEPCT><sdc:i_TFEETOT><sdc:value>0.00000</sdc:value></sdc:i_TFEETOT><sdc:i_TTERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TTERMFEE><sdc:i_VALLIA><sdc:value>0.00000</sdc:value></sdc:i_VALLIA><sdc:i_VALNOLIA><sdc:value>0.00000</sdc:value></sdc:i_VALNOLIA><sdc:i_VALUE><sdc:value>0.00000</sdc:value></sdc:i_VALUE><sdc:j_EQVALCF><sdc:value>0.00000</sdc:value></sdc:j_EQVALCF><sdc:j_EVCF><sdc:value>0.00000</sdc:value></sdc:j_EVCF><sdc:j_EVEBIT><sdc:value>0.00000</sdc:value></sdc:j_EVEBIT><sdc:j_EVNI><sdc:value>0.00000</sdc:value></sdc:j_EVNI><sdc:j_EVSALES><sdc:value>0.00000</sdc:value></sdc:j_EVSALES><sdc:j_MPE><sdc:value>0.00000</sdc:value></sdc:j_MPE><sdc:j_MPRICEBOOK><sdc:value>0.00000</sdc:value></sdc:j_MPRICEBOOK><sdc:j_PHELD><sdc:value>0.00000</sdc:value></sdc:j_PHELD><sdc:j_PSOUGHT><sdc:value>100.00000</sdc:value></sdc:j_PSOUGHT><sdc:j_RANKVALCF><sdc:value>0.00000</sdc:value></sdc:j_RANKVALCF><sdc:j_RANKVALEB><sdc:value>0.00000</sdc:value></sdc:j_RANKVALEB><sdc:j_RANKVALNA><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNA><sdc:j_RANKVALNI><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNI><sdc:j_RANKVALSALES><sdc:value>0.00000</sdc:value></sdc:j_RANKVALSALES><sdc:j_VALEB><sdc:value>0.00000</sdc:value></sdc:j_VALEB><sdc:j_VALNI><sdc:value>0.00000</sdc:value></sdc:j_VALNI><sdc:j_VALSALES><sdc:value>0.00000</sdc:value></sdc:j_VALSALES><sdc:m_AMV><sdc:value>0.00000</sdc:value></sdc:m_AMV><sdc:m_CF3YGR><sdc:value>0.00000</sdc:value></sdc:m_CF3YGR><sdc:m_CF5YGR><sdc:value>0.00000</sdc:value></sdc:m_CF5YGR><sdc:m_DCR><sdc:value>0.00000</sdc:value></sdc:m_DCR><sdc:m_ENTVAL><sdc:value>0.00000</sdc:value></sdc:m_ENTVAL><sdc:m_EPS3YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS3YGR><sdc:m_EPS5YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS5YGR><sdc:m_LTD><sdc:value>0.00000</sdc:value></sdc:m_LTD><sdc:m_MV><sdc:value>0.00000</sdc:value></sdc:m_MV><sdc:m_NETASS><sdc:value>0.00000</sdc:value></sdc:m_NETASS><sdc:m_NETASS3YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS3YGR><sdc:m_NETASS5YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS5YGR><sdc:m_NI3YGR><sdc:value>0.00000</sdc:value></sdc:m_NI3YGR><sdc:m_NI5YGR><sdc:value>0.00000</sdc:value></sdc:m_NI5YGR><sdc:n_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">SPAIN - Petrocat SA, a joint</sdc:value><sdc:value sdc:p="1">venture between Repsol YPF SA</sdc:value><sdc:value sdc:p="2">and Cia Espanola de</sdc:value><sdc:value sdc:p="3">Petroleros SA{CEPSA},</sdc:value><sdc:value sdc:p="4">acquired Energy Express</sdc:value><sdc:value sdc:p="5">SL{Enex, a Barcelona-based</sdc:value><sdc:value sdc:p="6">provider of gas distribution</sdc:value><sdc:value sdc:p="7">services, from Construcciones</sdc:value><sdc:value sdc:p="8">y Obra Publicas y Civiles</sdc:value><sdc:value sdc:p="9">SA{Copcisa}. Concurrently,</sdc:value><sdc:value sdc:p="10">Copcisa divested its 8% stake</sdc:value><sdc:value sdc:p="11">in Meroil SA to an</sdc:value><sdc:value sdc:p="12">undisclosed acquiror</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>SPAIN - Petrocat SA, a joint venture between Repsol YPF SA and Cia Espanola de Petroleros SA{CEPSA}, acquired Energy Express SL{Enex, a Barcelona-based provider of gas distribution services, from Construcciones y Obra Publicas y Civiles SA{Copcisa}. Concurrently, Copcisa divested its 8% stake in Meroil SA to an undisclosed acquiror</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">SPAIN - Petrocat SA, a joint venture between Repsol YPF SA and Cia Espanola de Petroleros</sdc:value><sdc:value sdc:p="1">SA{CEPSA}, acquired Energy Express SL{Enex, a Barcelona-based provider of gas distribution</sdc:value><sdc:value sdc:p="2">services, from Construcciones y Obra Publicas y Civiles SA{Copcisa}. Concurrently, Copcisa</sdc:value><sdc:value sdc:p="3">divested its 8% stake in Meroil SA to an undisclosed acquiror</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value sdc:p="0">SPAIN - Petrocat SA, a joint venture between Repsol YPF SA and Cia Espanola de Petroleros SA{CEPSA}, acquired Energy Express SL{Enex, a Barcelona-based provider of gas distribution services, from</sdc:value><sdc:value sdc:p="1">Construcciones y Obra Publicas y Civiles SA{Copcisa}. Concurrently, Copcisa divested its 8% stake in Meroil SA to an undisclosed acquiror</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">SPAIN - Petrocat SA, a joint venture between Repsol YPF SA and Cia Espanola de Petroleros SA{CEPSA}, acquired Energy Express SL{Enex, a</sdc:value><sdc:value sdc:p="1">Barcelona-based provider of gas distribution services, from Construcciones y Obra Publicas y Civiles SA{Copcisa}. Concurrently, Copcisa</sdc:value><sdc:value sdc:p="2">divested its 8% stake in Meroil SA to an undisclosed acquiror</sdc:value></sdc:n_synopsis5><sdc:q_DESCR><sdc:value>Completed</sdc:value></sdc:q_DESCR><sdc:q_HOSTANETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTANETASS><sdc:q_HOSTANILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTANILTM><sdc:q_HOSTASALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTASALESLTM><sdc:q_HOSTATASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTATASS><sdc:q_HOSTBOOKVALUE><sdc:value>0.00000</sdc:value></sdc:q_HOSTBOOKVALUE><sdc:q_HOSTCASHFLOW><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW><sdc:q_HOSTCASHFLOW1><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW1><sdc:q_HOSTCASHFLOW2><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW2><sdc:q_HOSTCASHFLOW3><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW3><sdc:q_HOSTCASHFLOW4><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW4><sdc:q_HOSTCASHFLOW5><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW5><sdc:q_HOSTCOMMONEQUITY><sdc:value>0.00000</sdc:value></sdc:q_HOSTCOMMONEQUITY><sdc:q_HOSTEBITLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEBITLTM><sdc:q_HOSTEPS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS1><sdc:q_HOSTEPS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS2><sdc:q_HOSTEPS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS3><sdc:q_HOSTEPS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS4><sdc:q_HOSTEPS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS5><sdc:q_HOSTEPSLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPSLTM><sdc:q_HOSTNETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS><sdc:q_HOSTNETASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS1><sdc:q_HOSTNETASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS2><sdc:q_HOSTNETASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS3><sdc:q_HOSTNETASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS4><sdc:q_HOSTNETASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS5><sdc:q_HOSTNI1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI1><sdc:q_HOSTNI2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI2><sdc:q_HOSTNI3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI3><sdc:q_HOSTNI4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI4><sdc:q_HOSTNI5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI5><sdc:q_HOSTNILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTNILTM><sdc:q_HOSTPTINC1><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC1><sdc:q_HOSTPTINC2><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC2><sdc:q_HOSTPTINC3><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC3><sdc:q_HOSTPTINC4><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC4><sdc:q_HOSTPTINC5><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC5><sdc:q_HOSTPTINCLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINCLTM><sdc:q_HOSTSALES1><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES1><sdc:q_HOSTSALES2><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES2><sdc:q_HOSTSALES3><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES3><sdc:q_HOSTSALES4><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES4><sdc:q_HOSTSALES5><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES5><sdc:q_HOSTSALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALESLTM><sdc:q_HOSTTASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS><sdc:q_HOSTTASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS1><sdc:q_HOSTTASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS2><sdc:q_HOSTTASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS3><sdc:q_HOSTTASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS4><sdc:q_HOSTTASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS5><sdc:q_STATUS><sdc:value>Status:Completed</sdc:value></sdc:q_STATUS><sdc:r_PE><sdc:value>-999.00000</sdc:value></sdc:r_PE><sdc:r_PE_PRINT><sdc:value>np</sdc:value></sdc:r_PE_PRINT><sdc:r_PFTMARG><sdc:value>0.00000</sdc:value></sdc:r_PFTMARG><sdc:r_PRICEBOOK><sdc:value>-999.00000</sdc:value></sdc:r_PRICEBOOK><sdc:r_PRICEBOOK_PRINT><sdc:value>np</sdc:value></sdc:r_PRICEBOOK_PRINT><sdc:r_PTINC3YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC3YGR><sdc:r_PTINC5YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC5YGR><sdc:r_ROE><sdc:value>0.00000</sdc:value></sdc:r_ROE><sdc:r_SALES3YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES3YGR><sdc:r_SALES5YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES5YGR><sdc:r_SE><sdc:value>0.00000</sdc:value></sdc:r_SE><sdc:r_TASS3YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS3YGR><sdc:r_TASS5YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS5YGR><sdc:r_TTCFMULT><sdc:value>0.00000</sdc:value></sdc:r_TTCFMULT><sdc:r_TTEBITMULT><sdc:value>0.00000</sdc:value></sdc:r_TTEBITMULT><sdc:r_VALNA><sdc:value>0.00000</sdc:value></sdc:r_VALNA><sdc:sic_SIC><sdc:value>4925:Gas production and/or distribution</sdc:value></sdc:sic_SIC><sdc:upa_UPACIDGEN><sdc:value>119628003</sdc:value></sdc:upa_UPACIDGEN><sdc:upa1_EXCHANGE><sdc:value>Madrid</sdc:value></sdc:upa1_EXCHANGE><sdc:upa1_NATION><sdc:value>Spain</sdc:value></sdc:upa1_NATION><sdc:upa1_SICP><sdc:value>2911</sdc:value></sdc:upa1_SICP><sdc:upa1_STATE><sdc:value>Foreign</sdc:value></sdc:upa1_STATE><sdc:upa1_STATUS><sdc:value>Public</sdc:value></sdc:upa1_STATUS><sdc:upa1_TICKER><sdc:value>REP</sdc:value></sdc:upa1_TICKER><sdc:upsic_SIC><sdc:value sdc:p="0">1521:Single-family housing construction</sdc:value><sdc:value sdc:p="1">1522:Residential construction, nec</sdc:value><sdc:value sdc:p="2">1541:Industrial buildings and warehouses</sdc:value><sdc:value sdc:p="3">1542:Nonresidential building construction, nec</sdc:value><sdc:value sdc:p="4">1611:Highway and street construction</sdc:value><sdc:value sdc:p="5">1622:Bridge, tunnel, and elevated highway construction</sdc:value><sdc:value sdc:p="6">1623:Water, sewer, pipeline &amp; utility line construction</sdc:value><sdc:value sdc:p="7">1629:Heavy construction, nec</sdc:value><sdc:value sdc:p="8">1711:Plumbing, heating and air conditioning</sdc:value><sdc:value sdc:p="9">1731:Electrical work</sdc:value><sdc:value sdc:p="10">1741:Masonry, stone setting, and other stone work</sdc:value><sdc:value sdc:p="11">1742:Plastering, drywall, acoustical &amp; insulation work</sdc:value><sdc:value sdc:p="12">1751:Carpentry work</sdc:value><sdc:value sdc:p="13">1752:Floor laying and other floor work, nec</sdc:value><sdc:value sdc:p="14">1761:Roofing, siding, and sheet metal work</sdc:value><sdc:value sdc:p="15">1771:Concrete work</sdc:value><sdc:value sdc:p="16">1799:Special trade contractors, nec</sdc:value></sdc:upsic_SIC><sdc:upt_UPTCIDGEN><sdc:value>489434001</sdc:value></sdc:upt_UPTCIDGEN><sdc:upt1_NATION><sdc:value>Spain</sdc:value></sdc:upt1_NATION><sdc:upt1_SICP><sdc:value>1522</sdc:value></sdc:upt1_SICP><sdc:upt1_STATE><sdc:value>Foreign</sdc:value></sdc:upt1_STATE><sdc:upt1_STATUS><sdc:value>Private</sdc:value></sdc:upt1_STATUS><sdc:x_RANK1_VALUE><sdc:value>0.00000</sdc:value></sdc:x_RANK1_VALUE><sdc:x_RANK_HOSTRANKVAL><sdc:value>0.00000</sdc:value></sdc:x_RANK_HOSTRANKVAL><sdc:x_RANK_RANKVAL><sdc:value>0.00000</sdc:value></sdc:x_RANK_RANKVAL><sdc:x_rank_rankstgval><sdc:value>0.00000</sdc:value></sdc:x_rank_rankstgval></sdc:deal><category>Deal Information</category><alacra:ip>TF Mergers &amp; Acquisitions</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/COP_12900</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">COP_12900</moodys:docid><guid isPermaLink="false">moodys/COP_12900</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><pubDate>30 Sep 2009 05:08:36 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Repsol YPF S.A.</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Repsol YPF S.A.</moodys:issuer_list><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">12900</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">29 Sep 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Credit Opinion</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>Repsol YPF S.A.</title><description>Global Credit Research Credit Opinion ## SEP ####   Credit Opinion: Repsol YPF S.A. Repsol YPF S.A. Madrid, Spain Ratings Category Moody's Rating Outlook Negative Issuer Rating Baa# YPF Sociedad Anonima Outlook Stable Issuer Rating -Dom...</description><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/research/s-and-p-credit-research-Summary_Repsol_YPF_S_A-748936</link><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">748936</spcred:docid><guid isPermaLink="false">spcred/748936</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><pubDate>29 Sep 2009 08:20:19 EST</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><title>Summary: Repsol-YPF S.A.</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:type><description>The latest Summary from S&amp;P</description><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">Spain</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Integrated Oil &amp; Gas</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Asia</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Emerging Markets</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Europe, Middle East, Africa</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Latin America</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:index_entry_disptype><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">ESP</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">76026T</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">10102010 101020 1010 10</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Repsol-YPF S.A.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">116969</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">ASIA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EMERGING</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">LATAMERICA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">REP@SM</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">SUMMARY</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Energy</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">UTIL</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_187427_600038201</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_187427_600038201</moodys:docid><guid isPermaLink="false">moodys/PR_187427_600038201</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><pubDate>25 Sep 2009 05:06:53 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Repsol International Capital Limited</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Repsol International Finance B.V.</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Repsol YPF S.A.</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Repsol International Capital Limited; Repsol International Finance B.V.; Repsol YPF S.A.</moodys:issuer_list><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600038201</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">19470</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">12900</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">24 Sep 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Rating Action</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>Moody's changes outlook on Repsol's Baa1 to negative from stable</title><description>Global Credit Research Rating Action ## SEP ####   Rating Action: Repsol International Capital Limited Moody's changes outlook on Repsol's Baa# to negative from stable Approximately USD#.# billion of rated debt securities affected London,...</description><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/509617_pr_frame</link><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">509617_pr_frame</fitch:docid><guid isPermaLink="false">fitch/509617_pr_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">html</fitch:index_mode><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Repsol YPF S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">YPF S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Repsol International Finance</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Repsol International Capital Limited</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80503694</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80089621</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">88314265</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360604</fitch:companyid><pubDate>18 Sep 2009 10:19:00 EST</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01031000</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">85</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Press Release</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">REP</fitch:ticker><title>Fitch Affirms Repsol YPF's IDR at 'BBB+'; Outlook Stable</title><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><title>Repsol YPF SA acquires a minority stake in Republic of Venezuela-Barua from Republic of Venezuela (pending)</title><description>VENEZUELA - Repsol YPF SA of Spain planned to acquire an undisclosed minority stake in the Barua Motatan oil field of the Republic of Venezuela, for VEB ###.### mil (USD ### mil).</description><pubDate>28 Aug 2009 09:19:35 EST</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">76026T</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">92412R</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">76026T</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">922646</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">Repsol YPF SA</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">Republic of Venezuela-Barua Motatan Oil Field</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">Repsol YPF SA</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">Republic of Venezuela</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/Repsol_YPF_SA_acquires_a_minority_stake_in_Republic_of_Venezuela_Barua_from_Republic_of_Venezuela-2103143040</link><guid isPermaLink="false">sdc/2103143040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>2103143040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2009, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_EXCHANGE><sdc:value>Madrid</sdc:value></sdc:a_EXCHANGE><sdc:a_MAINDUSTRY><sdc:value>Oil and Gas; Petroleum Refining</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>Spain</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Petroleum refining</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>2911</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>FF</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Foreign</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Public</sdc:value></sdc:a_STATUS><sdc:a_TICKER><sdc:value>REP</sdc:value></sdc:a_TICKER><sdc:asic_SIC><sdc:value sdc:p="0">1311:Crude petroleum and natural gas</sdc:value><sdc:value sdc:p="1">1381:Drilling oil and gas wells</sdc:value><sdc:value sdc:p="2">1382:Oil and gas field exploration services</sdc:value><sdc:value sdc:p="3">2911:Petroleum refining</sdc:value><sdc:value sdc:p="4">4911:Electric services</sdc:value><sdc:value sdc:p="5">5172:Petroleum and petroleum products wholesalers, nec</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value sdc:p="0">1311:Crude petroleum and natural gas</sdc:value><sdc:value sdc:p="1">1381:Drilling oil and gas wells</sdc:value><sdc:value sdc:p="2">1382:Oil and gas field exploration services</sdc:value><sdc:value sdc:p="3">2911:Petroleum refining</sdc:value><sdc:value sdc:p="4">4911:Electric services</sdc:value><sdc:value sdc:p="5">5172:Petroleum and petroleum products wholesalers, nec</sdc:value></sdc:aupsic_SIC><sdc:b_MAINDUSTRY><sdc:value>Oil and Gas; Petroleum Refining</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>Venezuela</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Crude petroleum and natural gas</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>1311</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>FF</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Foreign</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Subsidiary</sdc:value></sdc:b_STATUS><sdc:c_ACIDGEN><sdc:value>119628003</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Oil,gas expl,prodn co</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Government</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value sdc:p="0">Cash</sdc:value><sdc:value sdc:p="1">Cash Only</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Stock</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>1096626001</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Aug 28 2009</sdc:value></sdc:date_lastupdate><sdc:finbltm_BV><sdc:value>0.00000</sdc:value></sdc:finbltm_BV><sdc:finbltm_CASH><sdc:value>0.00000</sdc:value></sdc:finbltm_CASH><sdc:finbltm_CASHFLOW><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW><sdc:finbltm_CASHFLOW1><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW1><sdc:finbltm_CASHFLOW2><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW2><sdc:finbltm_CASHFLOW3><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW3><sdc:finbltm_CASHFLOW4><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW4><sdc:finbltm_CASHFLOW5><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW5><sdc:finbltm_COMEQ><sdc:value>0.00000</sdc:value></sdc:finbltm_COMEQ><sdc:finbltm_DEBTRAT><sdc:value>0.00000</sdc:value></sdc:finbltm_DEBTRAT><sdc:finbltm_DSER2><sdc:value>0.00000</sdc:value></sdc:finbltm_DSER2><sdc:finbltm_EBIT><sdc:value>0.00000</sdc:value></sdc:finbltm_EBIT><sdc:finbltm_EPS><sdc:value>0.00000</sdc:value></sdc:finbltm_EPS><sdc:finbltm_NI><sdc:value>0.00000</sdc:value></sdc:finbltm_NI><sdc:finbltm_PTINC><sdc:value>0.00000</sdc:value></sdc:finbltm_PTINC><sdc:finbltm_SALES><sdc:value>0.00000</sdc:value></sdc:finbltm_SALES><sdc:finbltm_STDEBT><sdc:value>0.00000</sdc:value></sdc:finbltm_STDEBT><sdc:finbltm_TASS><sdc:value>0.00000</sdc:value></sdc:finbltm_TASS><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_ANI><sdc:value>0.00000</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>0.00000</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>0.00000</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_RATE><sdc:value>0.00000</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value><sdc:value sdc:p="15">16.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">Repsol YPF SA, located in</sdc:value><sdc:value sdc:p="1">Madrid, Spain, is an oil and</sdc:value><sdc:value sdc:p="2">gas exploration and production</sdc:value><sdc:value sdc:p="3">company. It is engaged in the</sdc:value><sdc:value sdc:p="4">exploration, development and</sdc:value><sdc:value sdc:p="5">production of crude oil and</sdc:value><sdc:value sdc:p="6">natural gas and in the</sdc:value><sdc:value sdc:p="7">transportation of petroleum</sdc:value><sdc:value sdc:p="8">products, liquid petroleum gas</sdc:value><sdc:value sdc:p="9">(LPG) and natural gas. It</sdc:value><sdc:value sdc:p="10">wholesales gasoline under the</sdc:value><sdc:value sdc:p="11">Repsol, Campsa and Petronor</sdc:value><sdc:value sdc:p="12">brands. It is also involved in</sdc:value><sdc:value sdc:p="13">the electricity generation</sdc:value><sdc:value sdc:p="14">business. The company was</sdc:value><sdc:value sdc:p="15">founded on November 12, 1986.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Repsol YPF SA, located in Madrid, Spain, is an oil and gas</sdc:value><sdc:value sdc:p="1">exploration and production company. It is engaged in the</sdc:value><sdc:value sdc:p="2">exploration, development and production of crude oil and</sdc:value><sdc:value sdc:p="3">natural gas and in the transportation of petroleum products,</sdc:value><sdc:value sdc:p="4">liquid petroleum gas (LPG) and natural gas. It wholesales</sdc:value><sdc:value sdc:p="5">gasoline under the Repsol, Campsa and Petronor brands. It is</sdc:value><sdc:value sdc:p="6">also involved in the electricity generation business. The</sdc:value><sdc:value sdc:p="7">company was founded on November 12, 1986.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Repsol YPF SA, located in Madrid, Spain, is an oil and gas exploration and production company. It is engaged in the exploration, development and production of crude oil and natural gas and in the transportation of petroleum products, liquid petroleum gas (LPG) and natural gas. It wholesales gasoline under the Repsol, Campsa and Petronor brands. It is also involved in the electricity generation business. The company was founded on November 12, 1986.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">Barua Motatan oil field of the</sdc:value><sdc:value sdc:p="1">Republic of Venezuela, located</sdc:value><sdc:value sdc:p="2">in the western states of</sdc:value><sdc:value sdc:p="3">Trujillo and Zulia.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">Barua Motatan oil field of the Republic of Venezuela,</sdc:value><sdc:value sdc:p="1">located in the western states of Trujillo and Zulia.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>Barua Motatan oil field of the Republic of Venezuela, located in the western states of Trujillo and Zulia.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>0.00000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>Y</sdc:value></sdc:i_CROSS1><sdc:i_CURRENCYLONG><sdc:value>Venezuelan Bolivar</sdc:value></sdc:i_CURRENCYLONG><sdc:i_DATEANN><sdc:value>26 Aug 09</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Wed, 26 Aug 2009 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 08/26/2009</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFFS><sdc:value>Date Effective:</sdc:value></sdc:i_DATEEFFS><sdc:i_DESCR><sdc:value>Acq. Part. Int.</sdc:value></sdc:i_DESCR><sdc:i_DESCR1><sdc:value>Friendly</sdc:value></sdc:i_DESCR1><sdc:i_FEEPCT><sdc:value>0.00000</sdc:value></sdc:i_FEEPCT><sdc:i_FEETOT><sdc:value>0.00000</sdc:value></sdc:i_FEETOT><sdc:i_HOSTAFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTAFEETOT><sdc:i_HOSTENTVAL><sdc:value>0.00000</sdc:value></sdc:i_HOSTENTVAL><sdc:i_HOSTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTFEETOT><sdc:i_HOSTPR><sdc:value>0.00000</sdc:value></sdc:i_HOSTPR><sdc:i_HOSTPRLABEL><sdc:value>Price/Share</sdc:value></sdc:i_HOSTPRLABEL><sdc:i_HOSTTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTTFEETOT><sdc:i_HOSTVALUE><sdc:value>435.354 Venezuelan Bolivar</sdc:value></sdc:i_HOSTVALUE><sdc:i_HOSTVALUE1><sdc:value>435.35400</sdc:value></sdc:i_HOSTVALUE1><sdc:i_HOST_EQVAL><sdc:value>0.00000</sdc:value></sdc:i_HOST_EQVAL><sdc:i_HOST_RANKVAL><sdc:value>435.354 Venezuelan Bolivar</sdc:value></sdc:i_HOST_RANKVAL><sdc:i_HOST_RANKVAL1><sdc:value>435.35400</sdc:value></sdc:i_HOST_RANKVAL1><sdc:i_PCTACQ><sdc:value>0.00000</sdc:value></sdc:i_PCTACQ><sdc:i_PCTOWN><sdc:value>0.00000</sdc:value></sdc:i_PCTOWN><sdc:i_PR><sdc:value>0.00000</sdc:value></sdc:i_PR><sdc:i_PR_INITIAL><sdc:value>0.00000</sdc:value></sdc:i_PR_INITIAL><sdc:i_RANKVAL><sdc:value>435.35400</sdc:value></sdc:i_RANKVAL><sdc:i_RANK_HOSTRANKVAL><sdc:value>435.354 Venezuelan Bolivar</sdc:value></sdc:i_RANK_HOSTRANKVAL><sdc:i_RATE><sdc:value>0.46600</sdc:value></sdc:i_RATE><sdc:i_STATUS_MMC><sdc:value>N</sdc:value></sdc:i_STATUS_MMC><sdc:i_STGVAL><sdc:value>125.10800</sdc:value></sdc:i_STGVAL><sdc:i_TERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TERMFEE><sdc:i_TFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_TFEEPCT><sdc:i_TFEETOT><sdc:value>0.00000</sdc:value></sdc:i_TFEETOT><sdc:i_TTERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TTERMFEE><sdc:i_VALLIA><sdc:value>0.00000</sdc:value></sdc:i_VALLIA><sdc:i_VALNOLIA><sdc:value>203.00000</sdc:value></sdc:i_VALNOLIA><sdc:i_VALUE><sdc:value>203.00000</sdc:value></sdc:i_VALUE><sdc:j_EQVALCF><sdc:value>0.00000</sdc:value></sdc:j_EQVALCF><sdc:j_EVCF><sdc:value>0.00000</sdc:value></sdc:j_EVCF><sdc:j_EVEBIT><sdc:value>0.00000</sdc:value></sdc:j_EVEBIT><sdc:j_EVNI><sdc:value>0.00000</sdc:value></sdc:j_EVNI><sdc:j_EVSALES><sdc:value>0.00000</sdc:value></sdc:j_EVSALES><sdc:j_MPE><sdc:value>0.00000</sdc:value></sdc:j_MPE><sdc:j_MPRICEBOOK><sdc:value>0.00000</sdc:value></sdc:j_MPRICEBOOK><sdc:j_PHELD><sdc:value>0.00000</sdc:value></sdc:j_PHELD><sdc:j_PSOUGHT><sdc:value>0.00000</sdc:value></sdc:j_PSOUGHT><sdc:j_RANKVALCF><sdc:value>0.00000</sdc:value></sdc:j_RANKVALCF><sdc:j_RANKVALEB><sdc:value>0.00000</sdc:value></sdc:j_RANKVALEB><sdc:j_RANKVALNA><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNA><sdc:j_RANKVALNI><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNI><sdc:j_RANKVALSALES><sdc:value>0.00000</sdc:value></sdc:j_RANKVALSALES><sdc:j_VALEB><sdc:value>0.00000</sdc:value></sdc:j_VALEB><sdc:j_VALNI><sdc:value>0.00000</sdc:value></sdc:j_VALNI><sdc:j_VALSALES><sdc:value>0.00000</sdc:value></sdc:j_VALSALES><sdc:m_AMV><sdc:value>0.00000</sdc:value></sdc:m_AMV><sdc:m_CF3YGR><sdc:value>0.00000</sdc:value></sdc:m_CF3YGR><sdc:m_CF5YGR><sdc:value>0.00000</sdc:value></sdc:m_CF5YGR><sdc:m_DCR><sdc:value>0.00000</sdc:value></sdc:m_DCR><sdc:m_ENTVAL><sdc:value>0.00000</sdc:value></sdc:m_ENTVAL><sdc:m_EPS3YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS3YGR><sdc:m_EPS5YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS5YGR><sdc:m_LTD><sdc:value>0.00000</sdc:value></sdc:m_LTD><sdc:m_MV><sdc:value>0.00000</sdc:value></sdc:m_MV><sdc:m_NETASS><sdc:value>0.00000</sdc:value></sdc:m_NETASS><sdc:m_NETASS3YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS3YGR><sdc:m_NETASS5YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS5YGR><sdc:m_NI3YGR><sdc:value>0.00000</sdc:value></sdc:m_NI3YGR><sdc:m_NI5YGR><sdc:value>0.00000</sdc:value></sdc:m_NI5YGR><sdc:n_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">VENEZUELA - Repsol YPF SA of</sdc:value><sdc:value sdc:p="1">Spain planned to acquire an</sdc:value><sdc:value sdc:p="2">undisclosed minority stake in</sdc:value><sdc:value sdc:p="3">the Barua Motatan oil field</sdc:value><sdc:value sdc:p="4">of the Republic of Venezuela,</sdc:value><sdc:value sdc:p="5">for VEB 435.354 mil (USD 203</sdc:value><sdc:value sdc:p="6">mil).</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>VENEZUELA - Repsol YPF SA of Spain planned to acquire an undisclosed minority stake in the Barua Motatan oil field of the Republic of Venezuela, for VEB 435.354 mil (USD 203 mil).</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">VENEZUELA - Repsol YPF SA of Spain planned to acquire an undisclosed minority stake in the</sdc:value><sdc:value sdc:p="1">Barua Motatan oil field of the Republic of Venezuela, for VEB 435.354 mil (USD 203 mil).</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value>VENEZUELA - Repsol YPF SA of Spain planned to acquire an undisclosed minority stake in the Barua Motatan oil field of the Republic of Venezuela, for VEB 435.354 mil (USD 203 mil).</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">VENEZUELA - Repsol YPF SA of Spain planned to acquire an undisclosed minority stake in the Barua Motatan oil field of the Republic of</sdc:value><sdc:value sdc:p="1">Venezuela, for VEB 435.354 mil (USD 203 mil).</sdc:value></sdc:n_synopsis5><sdc:q_DESCR><sdc:value>Pending</sdc:value></sdc:q_DESCR><sdc:q_HOSTANETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTANETASS><sdc:q_HOSTANILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTANILTM><sdc:q_HOSTASALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTASALESLTM><sdc:q_HOSTATASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTATASS><sdc:q_HOSTBOOKVALUE><sdc:value>0.00000</sdc:value></sdc:q_HOSTBOOKVALUE><sdc:q_HOSTCASHFLOW><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW><sdc:q_HOSTCASHFLOW1><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW1><sdc:q_HOSTCASHFLOW2><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW2><sdc:q_HOSTCASHFLOW3><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW3><sdc:q_HOSTCASHFLOW4><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW4><sdc:q_HOSTCASHFLOW5><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW5><sdc:q_HOSTCOMMONEQUITY><sdc:value>0.00000</sdc:value></sdc:q_HOSTCOMMONEQUITY><sdc:q_HOSTEBITLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEBITLTM><sdc:q_HOSTEPS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS1><sdc:q_HOSTEPS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS2><sdc:q_HOSTEPS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS3><sdc:q_HOSTEPS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS4><sdc:q_HOSTEPS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS5><sdc:q_HOSTEPSLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPSLTM><sdc:q_HOSTNETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS><sdc:q_HOSTNETASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS1><sdc:q_HOSTNETASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS2><sdc:q_HOSTNETASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS3><sdc:q_HOSTNETASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS4><sdc:q_HOSTNETASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS5><sdc:q_HOSTNI1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI1><sdc:q_HOSTNI2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI2><sdc:q_HOSTNI3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI3><sdc:q_HOSTNI4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI4><sdc:q_HOSTNI5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI5><sdc:q_HOSTNILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTNILTM><sdc:q_HOSTPTINC1><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC1><sdc:q_HOSTPTINC2><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC2><sdc:q_HOSTPTINC3><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC3><sdc:q_HOSTPTINC4><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC4><sdc:q_HOSTPTINC5><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC5><sdc:q_HOSTPTINCLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINCLTM><sdc:q_HOSTSALES1><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES1><sdc:q_HOSTSALES2><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES2><sdc:q_HOSTSALES3><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES3><sdc:q_HOSTSALES4><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES4><sdc:q_HOSTSALES5><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES5><sdc:q_HOSTSALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALESLTM><sdc:q_HOSTTASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS><sdc:q_HOSTTASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS1><sdc:q_HOSTTASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS2><sdc:q_HOSTTASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS3><sdc:q_HOSTTASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS4><sdc:q_HOSTTASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS5><sdc:q_STATUS><sdc:value>Status:Pending</sdc:value></sdc:q_STATUS><sdc:r_PE><sdc:value>-999.00000</sdc:value></sdc:r_PE><sdc:r_PE_PRINT><sdc:value>np</sdc:value></sdc:r_PE_PRINT><sdc:r_PFTMARG><sdc:value>0.00000</sdc:value></sdc:r_PFTMARG><sdc:r_PRICEBOOK><sdc:value>-999.00000</sdc:value></sdc:r_PRICEBOOK><sdc:r_PRICEBOOK_PRINT><sdc:value>np</sdc:value></sdc:r_PRICEBOOK_PRINT><sdc:r_PTINC3YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC3YGR><sdc:r_PTINC5YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC5YGR><sdc:r_ROE><sdc:value>0.00000</sdc:value></sdc:r_ROE><sdc:r_SALES3YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES3YGR><sdc:r_SALES5YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES5YGR><sdc:r_SE><sdc:value>0.00000</sdc:value></sdc:r_SE><sdc:r_TASS3YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS3YGR><sdc:r_TASS5YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS5YGR><sdc:r_TTCFMULT><sdc:value>0.00000</sdc:value></sdc:r_TTCFMULT><sdc:r_TTEBITMULT><sdc:value>0.00000</sdc:value></sdc:r_TTEBITMULT><sdc:r_VALNA><sdc:value>0.00000</sdc:value></sdc:r_VALNA><sdc:sic_SIC><sdc:value sdc:p="0">1311:Crude petroleum and natural gas</sdc:value><sdc:value sdc:p="1">1381:Drilling oil and gas wells</sdc:value><sdc:value sdc:p="2">1382:Oil and gas field exploration services</sdc:value></sdc:sic_SIC><sdc:upa_UPACIDGEN><sdc:value>119628003</sdc:value></sdc:upa_UPACIDGEN><sdc:upa1_EXCHANGE><sdc:value>Madrid</sdc:value></sdc:upa1_EXCHANGE><sdc:upa1_NATION><sdc:value>Spain</sdc:value></sdc:upa1_NATION><sdc:upa1_SICP><sdc:value>2911</sdc:value></sdc:upa1_SICP><sdc:upa1_STATE><sdc:value>Foreign</sdc:value></sdc:upa1_STATE><sdc:upa1_STATUS><sdc:value>Public</sdc:value></sdc:upa1_STATUS><sdc:upa1_TICKER><sdc:value>REP</sdc:value></sdc:upa1_TICKER><sdc:upsic_SIC><sdc:value>999A:National government</sdc:value></sdc:upsic_SIC><sdc:upt_UPTCIDGEN><sdc:value>100969001</sdc:value></sdc:upt_UPTCIDGEN><sdc:upt1_NATION><sdc:value>Venezuela</sdc:value></sdc:upt1_NATION><sdc:upt1_SICP><sdc:value>999A</sdc:value></sdc:upt1_SICP><sdc:upt1_STATE><sdc:value>Foreign</sdc:value></sdc:upt1_STATE><sdc:upt1_STATUS><sdc:value>Government</sdc:value></sdc:upt1_STATUS><sdc:x_RANK1_VALUE><sdc:value>203.00000</sdc:value></sdc:x_RANK1_VALUE><sdc:x_RANK_HOSTRANKVAL><sdc:value>435.35400</sdc:value></sdc:x_RANK_HOSTRANKVAL><sdc:x_RANK_RANKVAL><sdc:value>203.00000</sdc:value></sdc:x_RANK_RANKVAL><sdc:x_rank_rankstgval><sdc:value>125.10800</sdc:value></sdc:x_rank_rankstgval></sdc:deal><category>Deal Information</category><alacra:ip>TF Mergers &amp; Acquisitions</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/CMT_0000502544</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">CMT_0000502544</moodys:docid><guid isPermaLink="false">moodys/CMT_0000502544</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><pubDate>13 Aug 2009 05:09:12 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Repsol YPF S.A.</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Repsol YPF S.A.</moodys:issuer_list><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">12900</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">12 Aug 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Issuer Comment</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>Moody's comments on press reports speculating on Repsol's disposal of YPF</title><description>Global Credit Research Issuer Comment ## AUG ####   Issuer Comment: Repsol YPF S.A. Moody's comments on press reports speculating on Repsol's disposal of YPF Moody's notes the recent press speculations regarding a potential offer from...</description><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T2334153</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T2334153</ccbn:docid><guid isPermaLink="false">ccbn/T2334153</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>31 Jul 2009 02:09:00 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2334153</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Final Transcript of REP earnings conference call or presentation, 30-Jul-09 4:00pm CET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Repsol YPF</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Repsol YPF Q2 2009 Earnings Presentation Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">REP</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">4:00pm CET</ccbn:time><title>Repsol YPF Q2 2009 Earnings Presentation Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><description>...Pablo Pena-Rich Banco Portugues de Investimento - Analyst Iain Reid Macquarie Securities Group - Analyst Hootan Yazhari Bank of America - Analyst Irene Himona Exane BNP Paribas - Analyst Jason Kenney ING - Analyst Inez Capalia UBS - Analyst Dave Thomas Citigroup - Analyst Lydia Rainforth Barclays - Analyst Alastair Syme Nomura Securities - Analyst Colin Smith ICAP - Analyst Neill Morton MF Global - Analyst James Hubbard Morgan Stanley - Analyst Barry MacCarthy RBS - Analyst P R E S E N T A T I O N...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/B2334153</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">B2334153</ccbn:docid><guid isPermaLink="false">ccbn/B2334153</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>31 Jul 2009 12:09:00 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2334153</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Edited Brief of REP earnings conference call or presentation, 30-Jul-09 4:00pm CET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Repsol YPF</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Edited</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Repsol YPF Q2 2009 Earnings Presentation Summary</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">REP</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">4:00pm CET</ccbn:time><title>Repsol YPF Q2 2009 Earnings Presentation Summary</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Brief</ccbn:type><description>...Pablo Pena-Rich Banco Portugues de Investimento - Analyst Iain Reid Macquarie Securities Group - Analyst Hootan Yazhari Bank of America - Analyst Irene Himona Exane BNP Paribas - Analyst Jason Kenney ING - Analyst Inez Capalia UBS - Analyst Dave Thomas Citigroup - Analyst Lydia Rainforth Barclays - Analyst Alastair Syme Nomura Securities - Analyst Colin Smith ICAP - Analyst Neill Morton MF Global - Analyst James Hubbard Morgan Stanley - Analyst Barry MacCarthy RBS - Analyst OVERVIEW...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/458668_report_frame</link><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">458668_report_frame</fitch:docid><guid isPermaLink="false">fitch/458668_report_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">pdf</fitch:index_mode><fitch:company xmlns:fitch="http://www.alacra.com/fitch">CNOOC Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Lukoil OAO</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Total SA</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">SK Energy Co., Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Transportadora de Gas del Sur S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">BP plc</fitch:company><fitch:company 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xmlns:fitch="http://www.alacra.com/fitch">80088919</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80362354</fitch:companyid><pubDate>16 Jul 2009 10:15:00 EST</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">04010000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">04020000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01031000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">04010100</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">07050200</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">04010103</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01020300</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">275</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Special Report</fitch:report><fitch:ticker 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xmlns:fitch="http://www.alacra.com/fitch">WPL</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TSO</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">ROSN</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">096770</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">OMV</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">BP</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">601857</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">LKOH</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">883</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">COP</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">GAZP</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">500325</fitch:ticker><title>Depressed Mid-Term Outlook for Global Refining</title><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><title>Grupo Petersen intends to acquire a minority stake in YPF SA from Repsol YPF SA</title><description>ARGENTINA - Grupo Petersen (GP) was granted an option to raise its stake to ##.##% from ##.##% by acquiring a further ##% stake, or ##.### mil ordinary shares, in YPF SA, a Buenos Aires-based oil and gas exploration and production company, and a unit of Repsol YPF SA, in a privately negotiated transaction. Concurrently, GP raised its stake to ##.##% from #.##% by acquiring a ##. #% stake, or ##.### mil ordinary shares, in YPF, for ARS #.### mil (USD #.### mil) in cash, in a privately negotiated transaction.</description><pubDate>25 Jun 2009 07:03:18 EST</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">39919H</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">984245</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">39919H</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">76026T</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">Grupo Petersen</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">YPF SA</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">Grupo Petersen</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">Repsol YPF SA</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/Grupo_Petersen_intends_to_acquire_a_minority_stake_in_YPF_SA_from_Repsol_YPF_SA-2084941040</link><guid isPermaLink="false">sdc/2084941040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>2084941040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2009, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_MAINDUSTRY><sdc:value>Holding Companies, Except Banks</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>Argentina</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Offices of holding companies, nec</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>6719</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>FF</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Foreign</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Private</sdc:value></sdc:a_STATUS><sdc:asic_SIC><sdc:value sdc:p="0">6719:Offices of holding companies, nec</sdc:value><sdc:value sdc:p="1">6799:Investors, nec</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value sdc:p="0">6719:Offices of holding companies, nec</sdc:value><sdc:value sdc:p="1">6799:Investors, nec</sdc:value></sdc:aupsic_SIC><sdc:b_EXCHANGE><sdc:value>New York</sdc:value></sdc:b_EXCHANGE><sdc:b_MAINDUSTRY><sdc:value>Oil and Gas; Petroleum Refining</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>Argentina</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Crude petroleum and natural gas</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>1311</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>FF</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Foreign</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Public</sdc:value></sdc:b_STATUS><sdc:b_TICKER><sdc:value>YPF</sdc:value></sdc:b_TICKER><sdc:c_ACIDGEN><sdc:value>1083226002</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Invest hldg co</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Oil,gas expl,prodn co</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value>Unspecified</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Assets</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>155325004</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Jun 25 2009</sdc:value></sdc:date_lastupdate><sdc:finbltm_BV><sdc:value>0.00000</sdc:value></sdc:finbltm_BV><sdc:finbltm_CASH><sdc:value>0.00000</sdc:value></sdc:finbltm_CASH><sdc:finbltm_CASHFLOW><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW><sdc:finbltm_CASHFLOW1><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW1><sdc:finbltm_CASHFLOW2><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW2><sdc:finbltm_CASHFLOW3><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW3><sdc:finbltm_CASHFLOW4><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW4><sdc:finbltm_CASHFLOW5><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW5><sdc:finbltm_COMEQ><sdc:value>0.00000</sdc:value></sdc:finbltm_COMEQ><sdc:finbltm_DEBTRAT><sdc:value>0.00000</sdc:value></sdc:finbltm_DEBTRAT><sdc:finbltm_DSER2><sdc:value>0.00000</sdc:value></sdc:finbltm_DSER2><sdc:finbltm_EBIT><sdc:value>0.00000</sdc:value></sdc:finbltm_EBIT><sdc:finbltm_EPS><sdc:value>0.00000</sdc:value></sdc:finbltm_EPS><sdc:finbltm_NI><sdc:value>0.00000</sdc:value></sdc:finbltm_NI><sdc:finbltm_PTINC><sdc:value>0.00000</sdc:value></sdc:finbltm_PTINC><sdc:finbltm_SALES><sdc:value>0.00000</sdc:value></sdc:finbltm_SALES><sdc:finbltm_STDEBT><sdc:value>0.00000</sdc:value></sdc:finbltm_STDEBT><sdc:finbltm_TASS><sdc:value>0.00000</sdc:value></sdc:finbltm_TASS><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_ANI><sdc:value>0.00000</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>0.00000</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>0.00000</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_RATE><sdc:value>0.00000</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">Grupo Petersen, based in</sdc:value><sdc:value sdc:p="1">Buenos Aires, Argentina, is an</sdc:value><sdc:value sdc:p="2">investment holding company</sdc:value><sdc:value sdc:p="3">engaged in engineering,</sdc:value><sdc:value sdc:p="4">construction, banking, urban</sdc:value><sdc:value sdc:p="5">planning, agriculture, and</sdc:value><sdc:value sdc:p="6">other sectors. The company was</sdc:value><sdc:value sdc:p="7">founded as Petersen, Thiele &amp;</sdc:value><sdc:value sdc:p="8">Cruz Arquitectos e Ingenieros</sdc:value><sdc:value sdc:p="9">in 1920 and restructured in</sdc:value><sdc:value sdc:p="10">2007.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Grupo Petersen, based in Buenos Aires, Argentina, is an</sdc:value><sdc:value sdc:p="1">investment holding company engaged in engineering,</sdc:value><sdc:value sdc:p="2">construction, banking, urban planning, agriculture, and</sdc:value><sdc:value sdc:p="3">other sectors. The company was founded as Petersen, Thiele &amp;</sdc:value><sdc:value sdc:p="4">Cruz Arquitectos e Ingenieros in 1920 and restructured in</sdc:value><sdc:value sdc:p="5">2007.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Grupo Petersen, based in Buenos Aires, Argentina, is an investment holding company engaged in engineering, construction, banking, urban planning, agriculture, and other sectors. The company was founded as Petersen, Thiele &amp; Cruz Arquitectos e Ingenieros in 1920 and restructured in 2007.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">YPF SA, located in Buenos</sdc:value><sdc:value sdc:p="1">Aires, Argentina, is an oil</sdc:value><sdc:value sdc:p="2">and gas exploration and</sdc:value><sdc:value sdc:p="3">production company which</sdc:value><sdc:value sdc:p="4">provides refining, marketing,</sdc:value><sdc:value sdc:p="5">transportation and</sdc:value><sdc:value sdc:p="6">distribution of oil and a wide</sdc:value><sdc:value sdc:p="7">range of petroleum products,</sdc:value><sdc:value sdc:p="8">petroleum derivatives,</sdc:value><sdc:value sdc:p="9">petrochemicals and liquid</sdc:value><sdc:value sdc:p="10">petroleum gas. The company was</sdc:value><sdc:value sdc:p="11">founded in 1999.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">YPF SA, located in Buenos Aires, Argentina, is an oil and</sdc:value><sdc:value sdc:p="1">gas exploration and production company which provides</sdc:value><sdc:value sdc:p="2">refining, marketing, transportation and distribution of oil</sdc:value><sdc:value sdc:p="3">and a wide range of petroleum products, petroleum</sdc:value><sdc:value sdc:p="4">derivatives, petrochemicals and liquid petroleum gas. The</sdc:value><sdc:value sdc:p="5">company was founded in 1999.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>YPF SA, located in Buenos Aires, Argentina, is an oil and gas exploration and production company which provides refining, marketing, transportation and distribution of oil and a wide range of petroleum products, petroleum derivatives, petrochemicals and liquid petroleum gas. The company was founded in 1999.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>393.31000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>N</sdc:value></sdc:i_CROSS1><sdc:i_DATEANN><sdc:value>23 Jun 09</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Tue, 23 Jun 2009 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 06/23/2009</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFFS><sdc:value>Date Effective:</sdc:value></sdc:i_DATEEFFS><sdc:i_DESCR><sdc:value>Acq. Part. 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Grupo Petersen</sdc:value><sdc:value sdc:p="1">(GP) was granted an option to</sdc:value><sdc:value sdc:p="2">raise its stake to 25.46%</sdc:value><sdc:value sdc:p="3">from 15.46% by acquiring a</sdc:value><sdc:value sdc:p="4">further 10% stake, or 39.331</sdc:value><sdc:value sdc:p="5">mil ordinary shares, in YPF</sdc:value><sdc:value sdc:p="6">SA, a Buenos Aires-based oil</sdc:value><sdc:value sdc:p="7">and gas exploration and</sdc:value><sdc:value sdc:p="8">production company, and a</sdc:value><sdc:value sdc:p="9">unit of Repsol YPF SA, in a</sdc:value><sdc:value sdc:p="10">privately negotiated</sdc:value><sdc:value sdc:p="11">transaction. Concurrently, GP</sdc:value><sdc:value sdc:p="12">raised its stake to 15.46%</sdc:value><sdc:value sdc:p="13">from 0.56% by acquiring a 14.</sdc:value><sdc:value sdc:p="14">9% stake, or 58.603 mil</sdc:value><sdc:value sdc:p="15">ordinary shares, in YPF, for</sdc:value><sdc:value sdc:p="16">ARS 7.965 mil (USD 2.235 mil)</sdc:value><sdc:value sdc:p="17">in cash, in a privately</sdc:value><sdc:value sdc:p="18">negotiated transaction.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>ARGENTINA - Grupo Petersen (GP) was granted an option to raise its stake to 25.46% from 15.46% by acquiring a further 10% stake, or 39.331 mil ordinary shares, in YPF SA, a Buenos Aires-based oil and gas exploration and production company, and a unit of Repsol YPF SA, in a privately negotiated transaction. Concurrently, GP raised its stake to 15.46% from 0.56% by acquiring a 14. 9% stake, or 58.603 mil ordinary shares, in YPF, for ARS 7.965 mil (USD 2.235 mil) in cash, in a privately negotiated transaction.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">ARGENTINA - Grupo Petersen (GP) was granted an option to raise its stake to 25.46% from</sdc:value><sdc:value sdc:p="1">15.46% by acquiring a further 10% stake, or 39.331 mil ordinary shares, in YPF SA, a</sdc:value><sdc:value sdc:p="2">Buenos Aires-based oil and gas exploration and production company, and a unit of Repsol</sdc:value><sdc:value sdc:p="3">YPF SA, in a privately negotiated transaction. Concurrently, GP raised its stake to 15.46%</sdc:value><sdc:value sdc:p="4">from 0.56% by acquiring a 14. 9% stake, or 58.603 mil ordinary shares, in YPF, for ARS</sdc:value><sdc:value sdc:p="5">7.965 mil (USD 2.235 mil) in cash, in a privately negotiated transaction.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value sdc:p="0">ARGENTINA - Grupo Petersen (GP) was granted an option to raise its stake to 25.46% from 15.46% by acquiring a further 10% stake, or 39.331 mil ordinary shares, in YPF SA, a Buenos Aires-based oil and</sdc:value><sdc:value sdc:p="1">gas exploration and production company, and a unit of Repsol YPF SA, in a privately negotiated transaction. Concurrently, GP raised its stake to 15.46% from 0.56% by acquiring a 14. 9% stake, or</sdc:value><sdc:value sdc:p="2">58.603 mil ordinary shares, in YPF, for ARS 7.965 mil (USD 2.235 mil) in cash, in a privately negotiated transaction.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">ARGENTINA - Grupo Petersen (GP) was granted an option to raise its stake to 25.46% from 15.46% by acquiring a further 10% stake, or</sdc:value><sdc:value sdc:p="1">39.331 mil ordinary shares, in YPF SA, a Buenos Aires-based oil and gas exploration and production company, and a unit of Repsol YPF SA,</sdc:value><sdc:value sdc:p="2">in a privately negotiated transaction. Concurrently, GP raised its stake to 15.46% from 0.56% by acquiring a 14. 9% stake, or 58.603 mil</sdc:value><sdc:value sdc:p="3">ordinary shares, in YPF, for ARS 7.965 mil (USD 2.235 mil) in cash, in a privately negotiated 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xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:sector xmlns:cs="http://www.alacra.com/cs">oil_gas</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">energy</cs:sector><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><title>Integrated Oil Finding Cost Study 2009</title><cs:type xmlns:cs="http://www.alacra.com/cs">SectorComment</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Sector Article</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">3361</cs:wcnum><description> Integrated Oil Finding Cost Study #### In our fifth annual Integrated Oil Finding Cost Study, we have analyzed key measures such as F&amp;D costs, reserve replacement rates, cash flow trends, capital spending trends, reinvestment rates,...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T2173545</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T2173545</ccbn:docid><guid isPermaLink="false">ccbn/T2173545</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>08 May 2009 09:06:00 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2173545</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Final Transcript of REP earnings conference call or presentation, 8-May-09 4:00pm CET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Repsol YPF</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Repsol YPF Q1 2009 Earnings Presentation Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">REP</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">4:00pm CET</ccbn:time><title>Repsol YPF Q1 2009 Earnings Presentation Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><description>...Pablo Pena-Rich BPI - Analyst Hootan Yazhari Merrill Lynch/Banc of America - Analyst Ian Reid Macquarie - Analyst Jason Kenney ING - Analyst Michele Della Vigna Goldman Sachs - Analyst Irene Himona BNP Paribas - Analyst James Hubbard Morgan Stanley - Analyst Lydia Rainforth Barclays - Analyst Neill Morton MF Global - Analyst P R E S E N T A T I O N...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/B2173545</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">B2173545</ccbn:docid><guid isPermaLink="false">ccbn/B2173545</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>08 May 2009 04:15:00 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2173545</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Edited Brief of REP earnings conference call or presentation, 8-May-09 4:00pm CET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Repsol YPF</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Edited</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Repsol YPF Q1 2009 Earnings Presentation Summary</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">REP</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">4:00pm CET</ccbn:time><title>Repsol YPF Q1 2009 Earnings Presentation Summary</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Brief</ccbn:type><description>...Pablo Pena-Rich BPI - Analyst Hootan Yazhari Merrill Lynch/Banc of America - Analyst Ian Reid Macquarie - Analyst Jason Kenney ING - Analyst Michele Della Vigna Goldman Sachs - Analyst Irene Himona BNP Paribas - Analyst James Hubbard Morgan Stanley - Analyst Lydia Rainforth Barclays - Analyst Neill Morton MF Global - Analyst OVERVIEW...

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