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Standard and Poor's Raises Boston Scientific's Rating Outlook to Positive
Date:3/25/2009

NATICK, Mass., March 25 /PRNewswire-FirstCall/ -- Boston Scientific Corporation (NYSE: BSX) today announced that Standard and Poor's Ratings Services has raised the Company's rating outlook to positive from negative, while affirming the Company's corporate credit rating at BB+.

The Standard and Poor's upgrade follows the Moody's actions of March 12 when it raised the Company's outlook to stable from negative.

Standard and Poor's said the revised rating outlook reflects: (1) the company's ongoing debt pay down over the past several years; (2) maintenance of its leading market share in the drug-eluting stent market in the face of increasing competition; and (3) prospects for (at a minimum) modest growth in cardiac rhythm management devices given recent, new product launches.

"We are pleased with the outlook upgrades by both Standard and Poor's and Moody's, which acknowledge the strengthening of our financial fundamentals, the improvements in our businesses, as well as the prospects and the progress we are making in driving profitable sales growth," said Sam Leno, Executive Vice President and Chief Financial Officer of Boston Scientific. "We will continue to focus on strengthening our profit margins, free cash flow, debt repayment and financial discipline."

About Boston Scientific

Boston Scientific is a worldwide developer, manufacturer and marketer of medical devices whose products are used in a broad range of interventional medical specialties. For more information, please visit: www.bostonscientific.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchan
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SOURCE Boston Scientific Corporation
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