DBRS Assigns BBB and BBB (low) Ratings to Rogers Communications’ Short Form Base Shelf Prospectus

DBRS has today assigned a rating of BBB (for senior unsecured notes) and BBB (low) (for subordinated notes) to Rogers Communications Inc.’s (RCI or the Company) debt securities program as per its $4.0 billion short form base shelf prospectus dated November 20, 2009. This prospectus is valid for 25 months.

Unless otherwise stated in a prospectus supplement, any senior debt securities issued under this program will rank the same as any other unsubordinated debt. Any subordinated debt securities may be senior to, junior to, or rank pari passu with other subordinated obligations of the Company. Any senior or subordinated debt issued under this program may be issued under RCI’s base indenture dated May 26, 2009.

As ratings are subject to change, subsequent confirmation of RCI’s ratings will be provided by DBRS as debt is issued under this shelf prospectus.

Notes:
All figures are in Canadian dollars unless otherwise noted.

This rating is based on public information.

The applicable methodology is Rating Telecommunications, which can be found on our website under Methodologies.

This is a Telecom/Media/Technology rating.