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S&PTCONF:Auto/Auto Supplier Industries:6/7/02@10am ET

    NEW YORK--Standard & Poor's--June 5, 2002--Standard & Poor's will hold a telephone conference call on Friday, June 7, 2002, at 10:00 a.m. Eastern Daylight Savings Time, to discuss credit trends in the Auto and Auto Supplier Industries.
    Speakers from New York include Scott Sprinzen, who will address the Big 3; Eric Ballantine, who will discuss the heavy truck manufacturer sector; and Martin King, who will give an update on the auto supplier industry. Virginie Casin from the S&P London office will address the European auto sector. At the conclusion of their prepared remarks, all team members will be available to answer your questions.
    The Standard & Poor's Global Sector Review CD-ROM provides a full complement of commentary, statistics, ratios, and summary analyses covering 20 major corporate industry sectors, including the auto and auto supplier industry sectors. If you would like to receive a free sample disk of the Global Sector Review CD-ROM, please send an E-mail to Rose Marie DeZenzo, Corporate Ratings product manager at rosemarie_dezenzo@sandp.com. Please include your shipping address in the E-mail message.

    Live Dial-in Numbers:
    U.S.: 1-712-257-2017
    U.K.: 44-207-943-5370

    Call Confirmation Number: 2947974
    Passcode: SANDP

    The call will begin promptly at the time indicated. Please call at least 15 minutes before the scheduled start of the call to complete the pre-call registration process. The call confirmation number is "2947974" and the passcode is SANDP. Participants will be asked to provide their name, company affiliation, and fax numbers or e-mail address. The entire call will last approximately one hour, and after brief presentations by the analysts, participants will be able to ask questions directly about this topic.
    Net Enhanced: This conference call will take advantage of "Net Enhanced" features, which allow participants to view a slide presentation during the call by logging into a dedicated Web site. The web address for this call is net1.worldcom.com, the conference name is 2947974, and the passcode is SANDP. To view the presentations, you must have either Netscape Navigator or Microsoft Internet Explorer version 4.x or later, and your computer must be Java enabled.
    Replays: Recorded replays of the call are made available about an hour after the call concludes. This recording will be available until Friday, June 14, 2002. Callers will be asked for their name, company, e-mail or fax number.

    Replay number: 402/220-4198

    RealAudio(TM) Available from Standard & Poor's World Wide Web Site: The call will also be available live in "listen-only" mode from the Standard & Poor's home page for listeners worldwide with PCs equipped with the Real Player(TM) software, sound card, and speakers. Point your web browser at www.standardandpoors.com and follow the link for "Events." The RealAudio(TM) on-demand playback will be available until Friday, July 5, 2002.
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    If you have any questions about the conference call, please e-mail: eventsmarketing@standardandpoors.com.
    Please send any address corrections via e-mail to seminars@standardandpoors.com or via fax to 212/438-6698.

    Copyright 2002, Standard & Poor's Ratings Services