Limassol, September 08, 2014 -- Moody's Investors Service has today downgraded the long-term national scale issuer rating (NSR) of Real People Investment Holdings Limited (Real People) to Ba3.za, from Ba1.za. Concurrently, the rating was placed on review for further downgrade. The short-term NSR of NP.za was not affected by today's rating action.

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