New York, July 11, 2014 -- Moody's stated today that Darden Restaurants, Inc.'s (Darden) ratings remain on review for downgrade but in the event the sale of Red Lobster is consummated as proposed and Darden reduces funded debt by approximately $1.0 billion, the company's Baa3 senior unsecured ratings would likely be confirmed and the outlook revised to negative. For further information, please see www.moodys.com

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