NEW YORK (Standard&Poor's) July 2, 2008--Standard&Poor's Ratings Services said today that its ratings and outlook on Dominion Resources Inc. (A-/Stable/A-2) are not affected by the company's announcement of the proposed sale of two of its natural-gas distribution companies to Babcock&Brown Infrastructure Fund North America. The sale of the utility properties in West Virginia and Pennsylvania is already factored into our assessment of Dominion's credit quality. The sale is expected to be completed next year after regulatory reviews.