NEW YORK (Standard&Poor's) March 7, 2003--Standard&Poor's Ratings Services said today that it assigned its 'BBB+' rating to diversified energy company Dominion Resources Inc.'s $300 million 2003 series D senior unsecured notes due march 15, 2013. At the same time, Standard&Poor's assigned its 'BBB+' rating to Dominion's $300 million 2003 series E senior unsecured notes due March 15, 2033. The outlook is stable. Dominion expects to use $600 million of the net proceeds from the sale of these securities for general corporate purposes including the repayment of debt. Richmond, Va.-based Dominion and its subsidiaries have about $13.2 billion of debt outstanding. "The stable outlook for Dominion and its subsidiaries is conditioned on management's commitment to
