OREANDA-NEWS. September 14, 2010. JSC "Polymetal" (LSE, MICEX, RTS: PMTL) ("Polymetal" or the "Company") announces that Fitch Ratings ("Fitch") has revised the Company's rating outlook from Negative to Stable, reported the press-centre of Polymetal.

In its press-release Fitch notes that the revision of Polymetal's outlook reflects the refinancing actions taken by the Company's management over the past 6-9 months to extend and create a more balanced debt maturity profile.

Fitch has simultaneously affirmed Polymetal's long term foreign and local currency ratings at "B" and the Company's national long-term rating at "BBB(rus)".