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

NEW YORK, March 11, 2011 /PRNewswire/ -- S&P will make the following changes to S&P 100 & S&P SmallCap 600 Indices after the close of trading on Friday, March 18:

• S&P 500 constituents Visa Inc. (NYSE: V), Union Pacific Corp. (NYSE: UNP), Emerson Electric Co. (NYSE: EMR), and Apache Corp. (NYSE: APA) will replace S&P 500 constituents Campbell Soup Co. (NYSE: CPB), Sara Lee Corp. (NYSE: SLE), Regions Financial Corp. (NYSE: RF) and NYSE Euronext Inc. (NYSE: NYX) in the S&P 100 index. All companies being removed from the S&P 100 index will remain in the S&P 500 index. All companies being added to the S&P 100 index are more representative of the U.S. mega-cap equity space.

• Meadowbrook Insurance Group Inc. (NYSE: MIG) will replace Jo-Ann Stores Inc. (NYSE: JAS) in the S&P SmallCap 600 index. Private equity firm Leonard Green & Partners, L.P. is acquiring Jo-Ann Stores in a deal expected to be completed on or about March 18.

Standard & Poor's will monitor these transactions and post any relevant updates on its website: www.standardandpoors.com.  

Visa is headquartered in San Francisco, CA.

Union Pacific is headquartered in Omaha, NE.

Emerson Electric is headquartered in St. Louis, MO.

Apache is headquartered in Houston, TX.

Meadowbrook Insurance Group operates as a specialty insurance underwriter and insurance administration services company. Headquartered in Southfield, MI, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Property & Casualty Insurance Sub-Industry index.  

Following is a summary of the changes:

S&P  100 INDEX  – March 18, 2011
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Visa	Information Technology	Data Processing & Outsourced Services
	Union Pacific	Industrials	Railroads
	Emerson Electric	Industrials	Electrical Components & Equipment
	Apache	Energy	Oil & Gas Exploration & Production
DELETED	Campbell Soup	Consumer Staples	Packaged Foods & Meats
	Sara Lee	Consumer Staples	Packaged Foods & Meats
	Regions Financial	Financials	Regional Banks
	NYSE Euronext	Financials	Specialized Finance

S&P  SMALLCAP 600 INDEX  – March 18, 2011
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Meadowbrook Insurance Group	Financials	Property & Casualty Insurance
DELETED	Jo-Ann Stores	Consumer Discretionary	Specialty Stores

For more information about S&P Indices, please visit www.standardandpoors.com/indices.  

About S&P Indices

S&P Indices, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.25 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry's most closely watched commodities index, and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit www.standardandpoors.com/indices.

For more information contact:
David M. Blitzer, Ph.D.
Managing Director & Chairman of the Index Committee
[phone]

SOURCE Standard & Poor's

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