LONDON (Standard&Poor's) June 12, 2007--Standard&Poor's Ratings Services said today that, following the launch of its revised global Recovery Ratings Scale and Sovereign Recovery Ratings criteria, it has assigned recovery ratings to the foreign currency senior unsecured debt of 25 speculative-grade sovereign issuers. The issuers involved are listed below. In a related action, Standard&Poor's raised its long-term debt ratings on the foreign currency senior unsecured debt of the following sovereigns, while at the same time affirming their foreign currency issuer credit ratings (ICRs): To From Foreign currency Foreign currency sr unsecd debt ICR (affirmed) Republic of Colombia BBB- BB+ BB+ Republic of Macedonia BBB- BB+ BB+ Republic of Costa Rica BB+ BB BB Oriental Republic