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PR Newswire
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Standard & Poor's Announces Changes to U.S. Indices

NEW YORK, July 9 /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices after the close of trading on Monday, July 14:

-- S&P SmallCap 600 constituent Philadelphia Consolidated Holding Corp. will replace Aquila Inc. in the S&P MidCap 400, and Greenhill & Co. Inc. will replace Philadelphia Consolidated Holding in the S&P SmallCap 600. Aquila is being acquired by S&P MidCap 400 constituent Great Plains Energy Inc. in a deal expected to close on or about that date, pending final approvals.

-- S&P REIT Composite constituent LaSalle Hotel Properties will replace USANA Health Sciences Inc. in the S&P SmallCap 600. USANA is being taken private by an investor group led by their senior management in a tender offer scheduled to expire on that date.

Standard & Poor's will monitor these transactions, and post any relevant updates on its website: http://www.standardandpoors.com/.

Philadelphia Consolidated Holding offers specialty commercial and personal property and casualty insurance products. Headquartered in Bala Cynwyd, PA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Property & Casualty Insurance Sub-Industry index.

Greenhill is an investment banking firm. Headquartered in New York, NY, the company will be added to the S&P SmallCap 600 GICS Investment Banking & Brokerage Sub-Industry index.

LaSalle Hotel Properties is a hotel REIT that seeks to acquire and develop hotel properties, particularly upscale and luxury full-service hotels in major urban markets. Headquartered in Bethesda, MD, the company will be added to the S&P SmallCap 600 GICS Specialized REITs Sub-Industry index.

Following is a summary of the changes: S&P MIDCAP 400 INDEX - July 14, 2008 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Philadelphia Financials Property & Casualty Consolidated Insurance Holding DELETED Aquila Utilities Multi-Utilities S&P SMALLCAP 600 INDEX - July 14, 2008 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Greenhill Financials Investment Banking & Brokerage LaSalle Hotel Financials Specialized REITs Properties DELETED Philadelphia Financials Property & Casualty Consolidated Insurance Holding USANA Health Consumer Staples Personal Products Sciences

Additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the companies concerned.

About Standard & Poor's Index Services

Standard & Poor's Index Services, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Its family of indices includes the S&P 500, an index with $1.32 trillion invested and $4.91 trillion benchmarked, and the S&P Global 1200, a composite index comprised of seven regional and country headline indices. For more information, please visit http://www.standardandpoors.com/indices.

About Standard & Poor's

Standard & Poor's, a division of The McGraw-Hill Companies , is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 8,500 employees, including wholly owned affiliates, located in 23 countries, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit: www. standardandpoors.com.

About The McGraw-Hill Companies:

Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2007 were $6.8 billion. Additional information is available at http://www.mcgraw-hill.com/.

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© 2008 PR Newswire
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