Bangkok--27 May--Moody's
Moody's Investors Service has today withdrawn the Baa2 local currency issuer rating of PT HM Sampoerna Tbk ("Sampoerna") for business reasons.
Refer to www.moodys.com for details on Moody's withdrawal policy.
The last rating action for Sampoerna was taken on May 19, 2006, when its ratings were affirmed with a stable outlook.
The principal methodology used in rating this issuer was the 'Rating Methodology -- Global Tobacco Industry, November 2007', which can be found on www.moodys.com in the Credit Policy & Methodologies directory, in the Rating Methodologies subdirectory.
Other methodologies and factors that may have been considered in the process of rating this issuer can also be found in the Credit Policy and Methodologies directory.
Headquartered in Surabaya, Indonesia, Sampoerna is one of the country's leading manufacturers of clove cigarettes. The company is 98.04% owned by PT Philip Morris Indonesia, with the rest is held by the public.