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

NEW YORK, June 7  /PRNewswire/ -- Palm Inc. (NASDAQ:PALM) will replace Anteon International Corp. (NYSE:ANT) in the S&P MidCap 400 after the close of trading on Thursday, June 8. Anteon is being acquired by S&P 500 and S&P 100 constituent General Dynamics Corp. (NYSE:GD) in a deal scheduled to close on or about that date.

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

Palm provides personal companion products, including its series of handheld computers and the Treo smartphone. Headquartered in Sunnyvale, CA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Computer Hardware Sub-Industry index.

  Following is a summary of the change:

                   S&P MIDCAP 400 INDEX - June 8, 2006
                 COMPANY    GICS ECONOMIC SECTOR       GICS SUB-INDUSTRY
  ADDED          Palm       Information Technology     Computer Hardware
  DELETED        Anteon     Information Technology      IT Consulting &
                                                        Other 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 independent credit ratings, indices, risk evaluation, investment research and data. With approximately 6,300 employees located in 21 countries and markets, 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/ 

Copyright