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

NEW YORK, June 25  /PRNewswire-FirstCall/ -- Standard & Poor's will make the following change to the S&P SmallCap 600 index after the close of trading on Monday, June 30:

-- First Financial Bankshares Inc. (NASDAQ:FFIN) will replace SCPIE Holdings Inc. (NYSE:SKP).  SCPIE is being acquired by The Doctors Co. 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/

First Financial Bankshares offers various commercial banking services in Texas. Headquartered in Abilene, TX, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Regional Banks Sub-Industry index.

  Following is a summary of the change:

                  S&P SMALLCAP 600 INDEX - June 30, 2008

            COMPANY          GICS ECONOMIC          GICS SUB-INDUSTRY
                                SECTOR
  ADDED   First Financial     Financials             Regional Banks
           Bankshares

  DELETED  SCPIE Holdings     Financials             Property & Casualty
                                                          Insurance




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 Index Services

Standard & Poor's Index Services, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Its family of indices includes the S&P 500, an index with $1.32 trillion invested and $4.91 trillion benchmarked, and the S&P Global 1200, a composite index comprised of seven regional and country headline indices. For more information, please visit http://www.standardandpoors.com/indices

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 8,500 employees, including wholly owned affiliates, located in 23 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: 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.standardandpoors.com/

http://www.standardandpoors.com/indices

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