Credit Rating Upgrade

14 November, 2006

           ROLLS-ROYCE PLC LONG TERM RATINGS RAISED TO A3 BY MOODY'S           

Moody's Investors Service has confirmed that it has raised its long term debt
ratings of Rolls-Royce plc senior unsecured debt to A3 from Baa1. The rating
outlook is stable.

The agency stated: `The upgrade reflects the company's favourable operating
trends with improving earnings and cash flow, its size and global presence, and
the revenue and cash flow visibility provided by a large backlog, diverse
customer base, and high barriers to entry'.

For further information contact:

Peter Barnes-Wallis

Director of Financial Communications

Rolls-Royce plc

65 Buckingham Gate

London. SW1E 6AT

Tel: [phone]

Fax: [phone]