Current Report S&P Rating Review 2020 12:08

IMPACT DEVELOPER & CONTRACTOR SA

Registered office: Willbrook Platinum Business & Convention Center, 172-176 Bucharest - Ploiesti Road, Building A,

1st floor, Bucharest, 1st District, Phone:[phone], Fax: [phone]

Subscribed and paid up share capital: RON 265,000,000.

Registered with the Trade Registry Office within Bucharest Court under no. J40/7228/2018, S.R.C. RO 1553483

TO: Bucharest Stock Exchange

Financial Supervisory Authority

CURRENT REPORT

According to the provisions of Law No.24/2017 on issuers of financial instruments and market operations and Regulation No. 5/2018 of FSA on Issuers of Financial Instruments and Market Operations, and also the provisions the Code of the Bucharest Stock Exchange, Title II, Issuers and Financial Instruments

Date of the report:	06/10/2020
Name of the issuing entity:	IMPACT DEVELOPER&CONTRACTOR
	S.A. (the "Company" or "Impact")
Registered headquarters:	Willbrook Platinum Business &
	Convention Center, 172-176 Bucharest -
	Ploiesti Road, Building A, 1st floor,
	Bucharest, 1st District
Telephone/fax number:	021-230.75.81/82/83, 230.75.70/71/72
Fiscal Code:	1553483
Registration number with the Office of the	J40/7228/2018
Register of Commerce attached to the Ilfov
Tribunal:
Subscribed and paid-in share capital:	265,000,000 RON
Regulated Market on which the issued	Bucharest Stock Exchange
securities are traded:

Important events to be reported: Annoncement on credit rating review

The company informs shareholders and investors that S&P Global has maintained for Impact Developer & Contractor the "B-" rating, outlook stable.

The S&P release can be accessed on the Impact D&C website (www.impactsa.ro).

Legal representative,
Sorin Apostol	Giani Kacic
CEO	CFO

www.impactsa.ro