SEC Rule 151A has been vacated by the courts, reducing the regulatory pressure on American Equity Investment Life Insurance Co. We don't expect the SEC to revisit 151A within the next 18 to 24 months. As a result, we have revised the outlook on American Equity Investment Life Holding Co and American Equity Investment Life Insurance Co. to stable from negative. We have also affirmed our counterparty credit and financial strength ratings on the company. NEW YORK (Standard&Poor's) July 26, 2010--Standard&Poor's Ratings Services said today it revised its outlook on American Equity Investment Life Holding Co. (AEIL) and its operating company, American Equity Investment Life Insurance Co. (AEL), to stable from negative. At the same time,
