On Nov. 30, 2005 Standard&Poor's Ratings Services revised its foreign currency outlooks on Czech Republic-based Ceska Sporitelna a.s (CS) and Komercni Banka A.S. (KB) to positive from stable. The outlook revisions follow that on the foreign currency ratings on the Czech Republic to positive. (For more information, see "Czech Republic Outlook Revised To Positive; 'A-/A-2' FC And 'A/A-1' LC Ratings Affirmed," published on Nov. 30, 2005, on RatingsDirect, Standard&Poor's Web-based credit analysis system.) At the same time, Standard&Poor's affirmed its 'A-/A-2' long- and short-term counterparty credit and certificate of deposit ratings on CS and KB. The outlook on the local currency ratings on both entities remain positive. The ratings on CS are underpinned by
