NEW YORK (Standard & Poor's) June 20, 2006--Standard & Poor's Ratings Services said today that its ratings on Atlanta, Ga.-based Home Depot Inc. (AA/Stable/A-1+) are not affected by the company's announcement that it uncovered no more than $10 million of unrecorded compensation expenses between 1996 and December 2000. This information was discovered following an internal review of the company's stock option granting practices and procedures since 1996. Prior to December 2000, there were five instances where the date of the meeting or resolution approving the stock option grant was later than the date used to determine the stock option exercise price. In three of those five instances, the market price of the company's stock on the award date was higher
