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

NEW YORK, Oct. 2  /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P SmallCap 600:

  * CKE Restaurants Inc. (NYSE:CKR) will replace Ryan's Restaurant Group
    Inc. (NASD: RYAN) after the close of trading on Thursday, October 5.
    Ryan's is being acquired by Buffetts Inc. in a deal expected to close on
    or about that date, pending final approvals.

  * Bright Horizons Family Solutions Inc. (NASD: BFAM) will replace FileNet
    Corp. (NASD: FILE) after the close of trading on a date to be announced.
    FileNet is being acquired by S&P 100 and S&P 500 constituent
    International Business Machines Corp. (NYSE:IBM) in a deal that is
    still pending final approvals.



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

CKE Restaurants owns, operates, and franchises quick-service restaurants, primarily under the brands Carl's Jr., Hardee's, and La Salsa Fresh Mexican Grill.  Headquartered in Carpinteria, CA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Restaurants Sub- Industry index.

Bright Horizons provides workplace services for employers and families, including early care and education and strategic work/life consulting. Headquartered in Watertown, MA, the company will be added to the S&P SmallCap 600 GICS Education Services Sub-Industry index.

  Following is a summary of the changes:

                 S&P SMALLCAP 600 INDEX - October 5, 2006
                COMPANY        GICS ECONOMIC SECTOR    GICS SUB-INDUSTRY
    ADDED   CKE Restaurants   Consumer Discretionary      Restaurants
   DELETED       Ryan's       Consumer Discretionary      Restaurants


                       S&P SMALLCAP 600 INDEX - TBA
                COMPANY        GICS ECONOMIC SECTOR    GICS SUB-INDUSTRY
    ADDED   Bright Horizons   Consumer Discretionary   Education Services
   DELETED      FileNet       Information Technology  Application Software




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 7,500 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 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 290 offices in 38 countries. Sales in 2005 were $6.0 billion. Additional information is available at http://www.mcgraw-hill.com/. 

DATASOURCE: Standard & Poor's



CONTACT:  David M. Blitzer, Ph.D.

Managing Director & Chairman of the Index Committee

[phone]



Web site:  http://www.standardandpoors.com/

http://www.mcgraw-hill.com/ 

Copyright