NEW YORK (Standard&Poor's CreditWire) April 30, 2001--Standard&Poor's today placed its triple-'B'-plus corporate credit, senior unsecured bank loan, and senior unsecured debt ratings on Dollar General Corp. on CreditWatch with negative implications. The CreditWatch placement follows management's disclosure that it has been investigating allegations of fraudulent behavior and reviewing internal controls and financial reporting processes as a result of certain accounting irregularities. Dollar General said that it would be restating its financial statements for fiscal years 1998 and 1999 as well as its unaudited results for fiscal 2000. In addition, the company expects to delay the filing of its Form 10-K for fiscal 2000 and its report on first-quarter results for fiscal 2001. Standard&Poor's is
