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Standard & Poor's raised to "A-" (A minus) Kimberly-Clark de México, S.A. de C.V.'s foreign currency rating

On November 3rd, 2005, Standard & Poor's Rating Services raised from "BBB+" to "A-" Kimberly-Clark de México, S.A. de C.V.'s Foreign Currency Rating, resulting in the first Mexican company to achieve such a rating.

The rationale behind Standard & Poor's improved rating of Kimberly-Clark de Mexico is: the strong and consistent free-cash-flow generation, the moderate leverage in the balance sheet, the competitive business profile amongst other structural features.

This event recognizes the quality and consistency of Kimberly-Clark de Mexico's strong cash profits.

This rating is 2 notches above the actual Mexican sovereign foreign currency rating.

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