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

NEW YORK, Oct. 18  /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices:

  * Fidelity National Title Group, Inc. (NYSE:FNTwi) will replace Emmis
    Communications Corp. (NASDAQ:EMMS) in the S&P MidCap 400 after the
    close of trading on Tuesday, October 24.  The 85% of Fidelity National
    Title owned by S&P Midcap 400 constituent Fidelity National Financial
    Inc. (NYSE:FNF) is being spun off to shareholders in a deal expected to
    close on or about that date, pending final approvals.  At today's close
    of trading, Emmis had a market capitalization of approximately $440
    million, ranking 400th in the index.

  * S&P SmallCap 600 constituent Hansen Natural Corp. (NASDAQ:HANS) will
    replace Reynolds and Reynolds Co. (NYSE:REY) in the S&P MidCap 400, and
    Digitas Inc. (NASDAQ:DTAS) will replace Hansen in the S&P SmallCap 600,
    after the close of trading on Thursday, October 26.  Reynolds is being
    acquired by Universal Computer Systems Holding Inc. in a deal that is
    expected to close on or about that date, pending final approvals.



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

Fidelity National Title provides title insurance, escrow services, and other title-related products and services for real estate transactions. Headquartered in Jacksonville, FL, the company will be added to the S&P MidCap 400 GICS Property and Casualty Insurance Sub-Industry index.

Hansen Natural engages in the development, marketing, sale, and distribution of beverages in the United States. Headquartered in Corona, CA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Soft Drinks Sub-Industry index.

Digitas is an Internet professional services firm that provides integrated strategy, technology, and marketing solutions to various companies. Headquartered in Boston, MA, the company will be added to the S&P SmallCap 600 GICS Internet Software & Services Sub-Industry index.

  Following is a summary of the changes:


                 S&P MIDCAP 400 INDEX - October 24, 2006

            COMPANY        GICS ECONOMIC SECTOR      GICS SUB-INDUSTRY
  ADDED     Fidelity            Financials         Property and Casualty
          National Title                                 Insurance

  DELETED     Emmis        Consumer Discretionary      Broadcasting &
          Communications                                  Cable TV



                 S&P MIDCAP 400 INDEX - October 26, 2006

                COMPANY          GICS ECONOMIC SECTOR      GICS SUB-INDUSTRY
  ADDED      Hansen Natural         Consumer Staples          Soft Drinks

  DELETED  Reynolds and Reynolds   Information Technology     Application
                                                               Software


                S&P SMALLCAP 600 INDEX - October 26, 2006

               COMPANY           GICS ECONOMIC SECTOR      GICS SUB-INDUSTRY
  ADDED        Digitas          Information Technology    Internet Software
                                                              & Services

  DELETED   Hansen Natural         Consumer Staples          Soft Drinks




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/.

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DATASOURCE: Standard & Poor's



CONTACT:  David M. Blitzer, Ph.D.

Managing Director & Chairman of the Index Committee

212-438-3907



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

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