ACMT ACMAT Corp (PK)

A.M. Best Co. has assigned an issuer credit rating (ICR) of �bbb� to ACMAT Corporation (New Britain, CT) [PinkSheets: ACMTA], the parent holding company of ACSTAR Insurance Company (ACSTAR) (Chicago, IL). The outlook for the rating is stable. A.M. Best affirmed the financial strength rating (FSR) of A (Excellent) and ICR of �a� of ACSTAR on April 20, 2007. The ICR reflects the strong capital position of the company�s principal operating subsidiary, ACSTAR, as well as the group�s historically strong operating performance. Somewhat offsetting these positive rating factors is the group�s limited profile as a monoline writer of commercial surety contracts. For Best�s Ratings, an overview of the rating process and rating methodologies, please visit www.ambest.com/ratings. Founded in 1899, A.M. Best Company is a full-service credit rating organization dedicated to serving the financial services industries, including the banking and insurance sectors. For more information, visit www.ambest.com.