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 its ratings 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 of the 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 Transaction Accounts, May 31, 2012

RATINGS LIST To From Development Authority of McDuffie County (Georgia) Angelina & Neches River Auth Waste disposal bonds AA- BBB

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

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

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