PARIS (Standard&Poor's) June 6, 2007--Standard&Poor's Ratings Services said today that it revised the outlook on French electricity incumbent Electricité de France S.A. (EDF) to stable from negative. At the same time, the 'AA-/A-1+' long- and short-term corporate credit ratings and all debt ratings were affirmed. The outlook revision reflects improvements in EDF's financial profile and Standard&Poor's expectation that the group will maintain credit measures commensurate with the ratings. "In particular, we do not expect EDF to exceed its planned investment level of €8 billion between 2006 and 2008, which comes on top of its €18 billion capital expenditure program over the same period," said Standard&Poor's credit analyst Hugues de la Presle. The
