Standard & Poor's Announces Changes to S&P Index

Standard & Poor's Announces Changes to S&P Index 


NEW YORK, Sept. 27  /PRNewswire/ -- Standard & Poor's will make the following
changes to the S&P MidCap 400 Index after the close of trading on Thursday,
September 30:

   *  Amphenol Corp. (NYSE:APH) will replace GreenPoint Financial Corp.
      (NYSE:GPT).  GreenPoint Financial is being acquired by S&P 500
      constituent North Fork Bancorporation (NYSE:NFB) in a transaction
      expected to close on or about that date.

   *  Developers Diversified Realty (NYSE:DDR) will replace National
      Commerce Financial (NYSE:NCF).  National Commerce Financial is being
      acquired by S&P 500 constituent Sun Trust Banks (NYSE:STI) in a
      transaction expected to close on or about that date.



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

Amphenol Corp. designs, manufactures and markets electrical, electronic and
fiber optic connectors, coaxial and flat-ribbon cable, and interconnect
systems.  The company, headquartered in Wallingford, CT, will be added to the
S&P MidCap 400 GICS (Global Industry Classification Standard) Electronic
Equipment Manufacturers Sub-Industry Index.

Developers Diversified Realty is in the business of acquiring, developing,
redeveloping, owning, leasing and managing shopping centers and business
centers.  The company, headquartered in Beachwood, OH, will be added to the S&P
MidCap 400 GICS Real Estate Investment Trusts Sub-Industry Index.

  Following is a summary of the changes:

                S&P MIDCAP 400 INDEX - September 30, 2004
              COMPANY        GICS ECONOMIC SECTORGICS     SUB-INDUSTRY
  ADDED    Amphenol Corp.    Information Technology   Electronic Equipment
                                                       Manufacturers
           Developers        Financials               Real Estate Investment
           Diversified                                 Trusts
             Realty

  DELETED  GreenPoint        Financials               Thrifts & Mortgage
            Financial                                  Finance
           National Commerce Financials               Regional Banks
            Financial



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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information, visit http://www.standardandpoors.com/.

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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.mcgraw-hill.com/

http://www.standardandpoors.com/ 

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