FRANKFURT (Standard&Poor's) April 6, 2011--Standard&Poor's Ratings Services said today that its ratings on the Republic of Austria (AAA/Stable/A-1+) are unaffected by Austria's reclassification of expenditures and debt on March 31, 2011. The reclassification has led to a slight increase of general government deficit and debt figures from 1995 to the present. In the past, we incorporated most of the current adjustments to general government debt in our data as guaranteed debt of the central government, which formed part of our assessment of Austria's credit quality. We will continue to include the guaranteed debt of government-related entities not directly affected by the current reclassification of general government debt as guaranteed debt of the central government. As in
