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

NEW YORK, Aug. 25  /PRNewswire/ -- Charming Shoppes Inc. (NASDAQ:CHRS) will replace GTECH Holdings Corp. (NYSE:GTK) in the S&P MidCap 400 index after the close of trading on Monday, August 28. GTECH is being acquired by S&P/MIB index constituent Lottomatica SpA 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/.

Charming Shoppes is a women's specialty apparel retailer. Headquartered in Bensalem, PA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Apparel Retail Sub-Industry index.

  Following is a summary of the change:

                  S&P MIDCAP 400 INDEX - August 28, 2006
                  COMPANY        GICS ECONOMIC SECTOR     GICS SUB-INDUSTRY
  ADDED      Charming Shoppes   Consumer Discretionary     Apparel Retail
  DELETED     GTECH Holdings    Consumer Discretionary    Casinos & Gaming



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, Standard & Poor's, [phone]



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

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