Statement re Credit Rating

13 June 2006

Rolls-Royce plc credit rating upgraded to `A-' Stable outlook by S&P

Standard & Poor's Ratings Services (S&P) has confirmed that it has raised its
long-term credit rating on Rolls-Royce plc to `A-` from `BBB+'. This represents
the second upgrade by S&P in the last fourteen months.

The agency stated that it was "reflecting progress made by Rolls-Royce in
strengthening its financial profile and our expectation that an improved
trading environment should allow the group to maintain credit metrics at a
level commensurate with an `A-` rating"

The agency also confirmed a `stable' outlook for the new Rolls-Royce rating.

Notes to editors:

 1. Rolls-Royce, the world-leading provider of power systems and services for
    use on land, at sea and in the air, operates in four global markets - civil
    aerospace, defence aerospace, marine and energy. It is investing in core
    technology, capability and infrastructure that can be applied across these
    sectors to take a competitive range of products to market. These
    investments create high barriers to entry.
   
 2. S&P also maintains a `short-term credit rating' on debt with maturities of
    less than 12 months. The agency today reaffirmed a current rating for
    Rolls-Royce of `A-2'.
   
 3. The company's current rating with Moody's Investor Services stands at Baa1
    stable.
   
For further information please contact:

Peter Barnes-Wallis

Director of Financial Communications

Tel: [phone]

e-mail: [e-mail]

Mark Alflatt

Director of Investor Relations

Tel: [phone]

e-mail: [e-mail]