Choose language JP

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

NEW YORK, Oct. 29 /PRNewswire/ -- Standard & Poor's will make the
following changes to the S&P MidCap 400 and S&P SmallCap 600 indices:

Standard & Poor's Announces Changes to U.S. Indices
Standard & Poor's Announces Changes to U.S. Indices
    -- Metavante Technologies Inc. (NYSE: MVwi) will replace UTStarcom Inc.
       (Nasdaq: UTSI) in the S&P MidCap 400 after the close of trading on
       Thursday, November 1, 2007.  Metavante is being spun off by S&P 500
       constituent Marshall & Ilsley Corp. (NYSE: MI) in a transaction
       expected to close on or about that date.  At today's close of trading,
       UTStarcom had a market capitalization of approximately $398 million,
       ranking 400th in the index.

    -- Service Corp. International (NYSE: SCI) will replace Kyphon Inc.
       (Nasdaq: KYPH) in the S&P MidCap 400 after the close of trading on a
       date to be announced.  Kyphon is being acquired by S&P 100 & 500
       constituent Medtronic Inc. (NYSE: MDT) in a deal still pending final
       approvals.

    -- Spartan Motors Inc. (Nasdaq: SPAR) will replace Authorize.Net Holdings
       Inc. (Nasdaq: ANET) in the S&P SmallCap 600 after the close of trading
       on Thursday, November 1, 2007.  Authorize.Net is being acquired by S&P
       SmallCap 600 constituent CyberSource Corp. (Nasdaq: CYBS) in a deal
       expected to close on or about that date, pending final approvals.

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

Metavante Technologies delivers banking and payment technologies.
Headquartered in Milwaukee, WI, the company will be added to the S&P MidCap
400 GICS (Global Industry Classification Standard) Data Processing &
Outsourced Services Sub-Industry index.

Service Corp. provides funeral and cemetery services. Headquartered in
Houston, TX, the company will be added to the S&P MidCap 400 GICS Specialized
Consumer Services Sub-Industry index.

Spartan Motors engineers and manufactures custom motor vehicle chassis and
bodies. Headquartered in Charlotte, MI, the company will be added to the S&P
SmallCap 600 GICS Auto Parts & Equipment Sub-Industry index.

    Following is a summary of the changes:

                   S&P MIDCAP 400 INDEX - November 1, 2007
              COMPANY       GICS ECONOMIC SECTOR     GICS SUB-INDUSTRY
    ADDED    Metavante     Information Technology     Data Processing &
            Technologies                             Outsourced Services
    DELETED  UTStarcom     Information Technology    Communications Equipment


                    S&P MIDCAP 400 INDEX - To Be Announced
              COMPANY       GICS ECONOMIC SECTOR     GICS SUB-INDUSTRY
    ADDED    Service Corp. Consumer Discretionary   Specialized Consumer
                                                         Services
    DELETED  Kyphon             Health Care         Health Care Equipment


                  S&P SMALLCAP 600 INDEX - November 1, 2007
              COMPANY       GICS ECONOMIC SECTOR     GICS SUB-INDUSTRY
    ADDED  Spartan Motors  Consumer Discretionary   Auto Parts & Equipment
    DELETED Authorize.Net  Information Technology     Data Processing &
                                                     Outsourced Services

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

Standard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP), 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 21 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 http://www.standardandpoors.com.

About The McGraw-Hill Companies:

Founded in 1888, The McGraw-Hill Companies (NYSE: MHP) 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 2006 were $6.3 billion. Additional information is available at
http://www.mcgraw-hill.com.

SOURCE Standard & Poor's