NEW YORK (Standard&Poor's CreditWire) April 5, 1999--Standard&Poor's today raised its ratings on AMP Inc. (see list below) and removed the ratings from CreditWatch following completion of the stock-for-stock merger between AMP Inc. and Tyco International Ltd., which will be accounted for as a pooling of interests. AMP's ratings had been placed on CreditWatch Nov. 6, 1998, and implications had been positive since Nov. 30, 1998, when it was announced AMP would merge with Tyco. The outlook is stable. At the same time, Standard&Poor's affirmed its ratings on Tyco International Ltd. and related entities (see list below). Harrisburg, Pa.-based AMP, with annual revenues of about $5.5 billion, is the world's leading manufacturer of electrical, electronic,
