---

S&P Rates Oklahoma Turnpike Auth $332M Rev Bnds 'A'

8 July 1998

S&P Rates Oklahoma Turnpike Auth $332M Rev Bnds 'A'

    NEW YORK--Standard & Poor's CreditWire 7/8/98
--Standard & Poor's today assigned its single-'A' rating to Oklahoma Turnpike Authority's $332 million revenue second senior bonds series 1998B. The bonds are scheduled to sell July 14, 1998.
    At the same time, Standard & Poor's affirmed its single-'A'-plus rating on the authority's $26 million first senior revenue bonds and its single-'A' underlying rating (SPUR) on the authority's $350 million second senior revenue bonds series 1998A.
    The ratings reflect: