On Sept. 29, 2006, Standard&Poor's Rating Services affirmed its 'BBB+' corporate credit rating on regulated utility Southern California Edison Co. (SCE) and lowered the corporate credit rating on its parent Edison International to 'BBB-' from 'BBB'. The outlook on Edison International and SCE is stable. Standard&Poor's raised the utility's business profile score to a satisfactory '5' from '6'. (Business profiles are categorized from '1' (excellent) to '10' (vulnerable)). The consolidated business profile score for the Edison International companies is a satisfactory '6' and the business profile scores of the unregulated companies remains at '9' to reflect the vulnerability of these companies to business cycles. The rating on Rosemead, Calif-based holding company Edison International was lowered to
