Credit ratings

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Guarantors
  Standard & Poor's Moody's Fitch
RELX PLC BBB+ (Stable) A-2 Baa1 (Stable) P-2 BBB+ (Stable) F2
RELX NV BBB+ (Stable) A-2 Baa1 (Stable) P-2 BBB+ (Stable) F2


Issuing companies
  Standard & Poor's Moody's Fitch
RELX (Investments) plc BBB+ (Stable) A-2 Baa1 (Stable) P-2 BBB+ (Stable) F2
RELX Finance BV BBB+ (Stable) A-2 Baa1 (Stable) P-2 BBB+ (Stable) F2
RELX Inc. BBB+ (Stable) A-2 Baa1 (Stable) P-2 BBB+ (Stable) F2
Harcourt General, Inc. BBB+ (Stable) - Not rated - Not rated -
RELX Capital Inc. BBB+ (Stable) - Baa1 (Stable) - BBB+ (Stable) -
Elsevier Finance SA BBB+ (Stable) A-2 Baa1 (Stable) P-2 BBB+ (Stable) F2
RELX Intellectual Properties SA - A-2 - P-2 - F2