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Fitch Takes Various Rating Actions on San Antonio Water System Commercial Paper Notes

NEW YORK--(BUSINESS WIRE)-- The rating action referenced in Fitch Ratings' Sept. 25, 2012, press release (Fitch to Take Various Rating Actions on San Antonio Water System Commercial Paper Notes), is effective today (Oct. 5, 2012).

Additional information is available at 'www.fitchratings.com'. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.

Applicable Criteria and Related Research:

--'U.S. Municipal Structured Finance Criteria', Feb. 8, 2012;

--'Rating Guidelines for Commercial Paper Note Programs Issued with External Support', March 19, 2012.

Applicable Criteria and Related Research:

U.S. Municipal Structured Finance Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=672570

Rating Guidelines for Commercial Paper Note Programs Issued with External Support

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=674368

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Fitch Ratings
Primary Analyst
Linda Friedman, +1 212-908-0727
Senior Director
Fitch, Inc.
One State Street
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or
Secondary Analyst
Mario Civico, +1 212-908-0796
Senior Director
or
Committee Chairperson
Trudy Zibit, +1 212-908-0689
Managing Director
or
Media Relations
Elizabeth Fogerty, +1 212-908-0526 (New York)
elizabeth.fogerty@fitchratings.com

Source: Fitch Ratings