Fitch Revises Outlook on Entergy Corp. & Subsidiaries to Stable; Ratings Affirmed

Business Wire, Oct 12, 2006

ETR is a diversified energy company focused on power production, including significant nuclear operations, distribution operations and other energy related services. ETR's utility subsidiaries serve approximately 2.7 million customers in Arkansas, Louisiana, Mississippi and Texas. ETR is also the second largest operator of nuclear power plants in the U.S.

Fitch affirms the following ratings and revises the Outlook to Stable from Negative:

Entergy Corp.

-- Long-term Issuer Default Rating (IDR) 'BBB-';

Entergy Arkansas

-- Long-term IDR 'BBB';

-- Senior secured 'BBB ';

-- Senior secured Pollution Control Revenue Bonds (PCRBs) 'BBB '

-- Senior unsecured PCRBs 'BBB';

-- Preferred Stock 'BBB-'.

Entergy Gulf States

-- Long-term IDR 'BB ';

-- Senior secured 'BBB';

-- Senior secured PCRBs 'BBB'

-- Senior unsecured PCRBs 'BBB-';

-- Preferred Stock 'BB '.

Entergy Louisiana LLC

-- Long-term IDR 'BBB';

-- Senior Secured 'BBB ';

-- Senior unsecured PCRBs 'BBB';

-- Waterford lease obligation 'BBB';

-- Preferred Stock 'BBB-'.

Entergy Mississippi

-- Long-term IDR 'BBB-';

-- Senior secured 'BBB ';

-- Preferred stock 'BBB-'.

System Energy Resources

-- Long-term IDR 'BBB-';

-- Senior secured 'BBB-';

-- Senior unsecured 'BBB-'.

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.