HONG KONG (Standard&Poor's) Feb. 1, 2010--Standard&Poor's Ratings Services said today that it had withdrawn its 'A' foreign currency ratings on three proposed senior unsecured samurai bonds issuances by Korea National Oil Corp. (KNOC; foreign currency rating A/Stable/--; local currency rating A+/Stable/--). The bonds are: ¥10 billion three-year senior unsecured samurai bonds due 2013; ¥10 billion five-year senior unsecured samurai bonds due 2015; and ¥10 billion 10-year senior unsecured samurai bonds due 2020. This rating action follows the company's decision to postpone the offering. Ratings List Withdrawal To From Korea National Oil Corp. Senior Unsecured NR A
