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

NEW YORK, Nov. 6  /PRNewswire/ -- Fulton Financial Corp. (NASDAQ:FULT) will replace Valassis Communications Inc. (NYSE:VCI) in the S&P MidCap 400 after the close of trading on Monday, November 10. As of today's close, Valassis had a market capitalization of approximately $90 million, ranking it 400th in the index. Fulton Financial was previously announced as a replacement for S&P MidCap 400 constituent Foundry Networks Inc. (NASDAQ:FDRY) which is being acquired by Brocade Communications Systems Inc. (NASDAQ:BRCD). That deal is still pending final approvals. A new replacement for Foundry will be announced at a later date.

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

Fulton Financial Corporation offers retail and commercial banking products and services. Headquartered in Lancaster, PA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Regional Banks Sub-Industry index.

  Following is a summary of the change:


                     S&P MIDCAP 400 INDEX - November 10, 2008

                 COMPANY      GICS ECONOMIC SECTOR    GICS SUB-INDUSTRY
    ADDED   Fulton Financial      Financials           Regional Banks
   DELETED     Valassis           Consumer         Publishing & Printing
                                Discretionary



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.

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DATASOURCE: Standard & Poor's



CONTACT:  David M. Blitzer, Ph.D., Managing Director & Chairman of the

Index Committee of Standard & Poor's, [phone]



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

http://www.standardandpoors.com/indices 

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