March 5, 2008   BANK OF IKEDA: Fitch Assign BB+ Rating on Subordinated Notes Fitch Ratings has assigned BB+ rating on the Bank of Ikeda's subordinated notes:     -- JPY15,000,000,000, due Feb. 23, 2015     -- JPY15,000,000,000, due Sept. 29, 2016     -- JPY5,000,000,000, due March 17, 2017 Headquartered in Osaka, The Bank of Ikeda, Ltd. -- http://www.ikedabank.co.jp/ -- operates in four main business segments.  The Banking segment provides banking, loan, stock investment and currency exchange services through a network of 66 branches and five offices.  The Leasing segment is engaged in the leasing of industrial machinery, construction machinery, computers and office equipments, among others.  The Credit Guarantee segment provides credit guarantee services for housing loans. The Card segment is engaged in the credit card-related business. Other businesses include venture capital business, investment consulting business, the development and sale of computer software, as well as the provision of information services. The Bank of Ikeda has 11 subsidiaries and one associated company.
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