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ECOLAB DEBT UPGRADED TO 'A-' BY STANDARD & POOR'S

 ST. PAUL, Minn., Nov. 22 /PRNewswire/ -- Ecolab (NYSE: ECL) announced that Standard & Poor's has upgraded its long-term debt to a rating of "A-" from "BBB."
 "We are very pleased with Standard & Poor's action to raise our debt rating," stated Michael E. Shannon, Vice Chairman, Chief Financial and Administrative Officer. "This represents the achievement of yet another of our financial objectives and is a sign of confidence in our progress and outlook."
 Ecolab is the leading worldwide developer and marketer of premium cleaning, sanitizing and maintenance products and services for the hospitality, institutional and industrial markets. For the year ended Dec. 31, 1992, Ecolab reported sales of $1 billion and earnings of $64 million, or $2.05 per share. Ecolab shares are traded on the New York Stock Exchange and the Pacific Stock Exchange under the symbol ECL.
 -0- 11/22/93
 /CONTACT: Michael J. Monahan of Ecolab, 612-293-2809/
 (ECL)


CO: Ecolab ST: Minnesota IN: CHM SU:

CP-DB -- MN008 -- 6771 11/22/93 10:52 EST
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Publication:PR Newswire
Date:Nov 22, 1993
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