NEW YORK (Standard&Poor's CreditWire) June 1, 2001--A full sovereign analysis on the Republic of Poland is now available at www.standardandpoors.com under Standard&Poor's Forum-Ratings Analysis-Sovereigns, and on RatingsDirect, Standard&Poor's Web-based credit analysis system. Poland's sovereign credit ratings, and the positive outlook on the foreign currency sovereign credit rating, are supported by: -- The country's continuing commitment to and ongoing implementation of structural reform, particularly in the mining, steel, energy, and defense sectors. This reform has gradually resulted in increased efficiency and has helped to further modernize the Polish economy. Standard&Poor's expects the implementation of this reform to continue in the medium term, regardless of the results of the upcoming fall 2001 elections. --