NEW YORK (Standard&Poor's) Sept. 10, 2001--Standard&Poor's today affirmed its ratings on Dominion Resources Inc. (triple-'B'-plus/Stable/'A-2') and its subsidiaries, including Consolidated Natural Gas Co.. (CNG) and Virginia Electric&Power Co. (A complete list of ratings is available on RatingsDirect, Standard&Poor's on-line credit research service, or by calling the Standard&Poor's ratings desk at (212) 438-4800.) In addition, Standard&Poor's placed its ratings of Louis Dreyfus Natural Gas Corp. and affiliates on CreditWatch with positive implications (see list below). The rating actions followed today's announcement by Dominion that it will acquire Louis Dreyfus Natural Gas for $2.295 billion, including the assumption of $505 million of debt. The acquisition will be financed initially with
