The rating on Merrill Lynch Puttable FLOATs/RITES Trust puttable floating option tax-exempt receipts series PT-367, relating to Colorado Springs Utility systems improvement bonds series 1997, has been affirmed due to a review of the amendment memorandum and amendment to the series trust agreement and other relevant documents, from which Standard&Poor's Ratings Services concludes that the amendment will not result in a reduction or withdrawal of the current rating we have assigned to the captioned P-FLOATs.