NEW YORK (Standard&Poor's) Feb. 8, 2002—Standard&Poor's today raised its ratings on Edison International (see list below), and removed them from CreditWatch. The outlook is developing. Ratings for Edison International, a holding company, principally reflect the projected financial and credit profiles of its wholly owned subsidiary SCE. Edison International's other principal subsidiary company is The Mission Group (TMG). Mission Energy Holding Co and its subsidiary Edison Mission Energy are subsidiaries of TMG. Other TMG subsidiaries include Edison Capital and Edison Enterprises. Mission Energy Holding was created by Edison International in June 2001 as a wholly owned indirect subsidiary. The company was created for the exclusive purpose of issuing notes and securing a term loan that enabled Edison