TEXT-S&P raises Temple-Inland waste disposal revs to 'AA-'

(The following statement was released by the rating agency)

Oct 5 - Standard & Poor's Ratings Services today said that it has raised itsratings on obligor Temple-Inland Inc.'s Development Authority of McDuffie County(Georgia) and Angelina & Neches River Auth waste disposal revenue bonds to 'AA-'from 'BBB'. The bonds have been defeased and are now rated the same as that ofthe trustee, The Bank of New York Mellon Trust Co. N.A.


-- Assigning Ratings To Bonds In The U.S. Based on Escrowed Collateral,May 31, 2012

-- Counterparty Risk Framework Methodology And Assumptions, May 31, 2012

-- Global Investment Criteria For Temporary Investments In TransactionAccounts, May 31, 2012

RATINGS LISTTo FromDevelopment Authority of McDuffie County (Georgia)Angelina & Neches River AuthWaste disposal bonds AA- BBB

Complete ratings information is available to subscribers of RatingsDirect onthe Global Credit Portal at

. All ratings affectedby this rating action can be found on Standard & Poor's public Web site at. Use the Ratings search box located in the leftcolumn.(New York Ratings Team)

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