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

NEW YORK, Dec. 12  /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:

  --  S&P REIT Composite constituent Federal Realty Investment Trust
      (NYSE:FRT) will replace Lyondell Chemical Co. (NYSE:LYO) in the S&P
      MidCap 400 after the close of trading on Thursday, December 20.
      Lyondell Chemical is being acquired by Basell AF in a deal expected to
      close on or about that date, pending final approvals.

  --  UMB Financial Corp. (NASD: UMBF) will replace EDO Corp. (NYSE:EDO) in
      the S&P SmallCap 600 on a date to be announced. EDO is being acquired
      by S&P 500 constituent ITT Corp. 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/.

Federal Realty Investment Trust is a REIT which specializes in the ownership, management and redevelopment of community and neighborhood shopping centers.  Headquartered in Rockville, MD, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Retail REITs Sub- Industry index.

UMB Financial offers a range of banking and financial services in the U.S. Headquartered in Kansas, MO, the company will be added to the S&P SmallCap 600 GICS Regional Banks Sub-Industry index.

  Following is a summary of the changes:



                   S&P MIDCAP 400 INDEX - December 20, 2007

            COMPANY             GICS ECONOMIC SECTOR     GICS SUB-INDUSTRY

  ADDED     Federal Realty      Financials               Retail REITs

  DELETED   Lyondell Chemical   Materials                Commodity Chemicals



                   S&P SMALLCAP 600 INDEX - TBA

            COMPANY             GICS ECONOMIC SECTOR     GICS SUB-INDUSTRY

  ADDED     UMB Financial       Financials               Regional Banks

  DELETED   EDO                 Industrials              Aerospace & Defense




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 (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/. 

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/ 

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