NEW YORK (Standard&Poor's CreditWire) April 22, 1999--Standard&Poor's today affirmed its ratings for Duke Energy Corp. and its affiliates, with the exception of Duke Energy Trading and Marketing LLC (see list below). The long-term ratings were removed from CreditWatch, where they were placed with negative implications on April 19, 1999. The outlook is stable. The rating for Duke Energy Trading and Marketing LLC remains on CreditWatch with positive implications, pending the merger of Mobil Corp. and Exxon Corp. The actions follow the company's announcement that it has terminated its tender offers for Empresas Nacional de Electricidad S.A. (Endesa Chile; A-/Stable/--). The ratings were placed on CreditWatch when Duke increased its offer to acquire Endesa Chile to about
