LONDON (Standard & Poor's CreditWire) June 16, 2000--The full sovereign analysis for the Republic of India is now available on Standard & Poor's Web site at www.standardandpoors.com/ratings. On March 20, 2000, Standard & Poor's revised the outlook for the country's foreign currency ratings to positive from stable, reflecting improved prospects for an accelerated pace of economic reforms in the near term. The analysis provides a complete rationale for the rating changes and gives details on the outlook and underlying factors for the rating. To access the analysis from Standard & Poor's main Web page, select Sovereign Ratings then Sample Sovereign Ratings Service Analysis. The analysis is also available on RatingsDirect, Standard & Poor's Web-based credit analysis system. -- CreditWire
