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

NEW YORK, Feb. 15  /PRNewswire/ -- Cascade Corp. (NYSE:CAE) will replace ElkCorp (NYSE:ELK) in the S&P SmallCap 600 index after the close of trading on Wednesday, February 21, 2007.  ElkCorp is being acquired by Building Materials Corporation of America in a deal expected to close on or about that date, pending final approvals.

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

Cascade manufactures and markets materials-handling load engagement devices and related parts, primarily for the lift truck industry. Headquartered in Fairview, OR, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Construction & Farm Machinery & Heavy Trucks Sub-Industry index.

  Following is a summary of the change:

                S&P SMALLCAP 600 INDEX - February 21, 2007
            COMPANY     GICS ECONOMIC SECTOR      GICS SUB-INDUSTRY
  ADDED     Cascade          Industrials          Construction & Farm
                                                Machinery & Heavy Trucks
  DELETED   ElkCorp          Industrials          Building Products



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

[phone]



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

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