LONDON (Standard&Poor's CreditWire) Nov. 23, 1999--Standard&Poor's today revised its outlook on British American Tobacco PLC (BAT) and related entities to stable from negative. At the same time, Standard&Poor's affirmed its ratings on the companies (see list below.) Standard&Poor's also revised its outlook on Imasco Ltd. to stable from negative, and affirmed its single-'A' long-term and 'A-1' short-term ratings on the company. (See today's related press release.) In August 1999, the outlook on BAT was revised to negative from stable owing to uncertainty regarding the disposals of Imasco businesses Shoppers Drug Mart/Pharmaprix and Genstar Development Co. Today's outlook revisions follow BAT's announcement that the company has agreed to sell Shoppers Drug Mart/Pharmaprix to
