LONDON -- Standard&Poor's CreditWire 5/7/97 -- Standard&Poor's today has revised its outlook on Compagnie de Saint-Gobain S.A. (Saint- Gobain) and related entities to stable from negative. In addition, Standard&Poor's has affirmed Saint-Gobain's double-`A'-minus senior unsecured and `A-1'-plus commercial paper ratings. The outlook revision reflects the anticipation that Saint-Gobain will be able to maintain a financial profile consistent with its ratings. In light of 1996's results, the recent disposal of Cise and Vachette, and the announcement of the possible sale of Saint-Gobain's portfolio of quoted shares in large French companies (accounting for approximately FFr10 billion excluding that of Essilor), the financial flexibility of Saint- Gobain has been enlarged. Also enhancing the group financial flexibility is
