PARIS (Standard&Poor's CreditWire) Jan. 21, 2000--Standard&Poor's today affirmed its double-'A'-plus long-term and 'A-1'-plus short-term ratings on Clearstream Banking S.A. (Luxembourg). The affirmation follows the announcement of the company's change in name from Cedelbank S.A. The name change has no impact on either the operating or shareholder structure of the former Cedelbank. The outlook remains stable. (See list below for all ratings affected.) Clearstream Banking is the primary operating division of recently renamed Clearstream International (formerly Cedel International New). Cedel International New was created through the grouping, effective on Jan. 1, 2000, of Cedelbank's and Deutsche Börse Clearing's settlement, clearing, and custody activities. The name change signals the launching of a new corporate brand to reflect the
