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

NEW YORK, Jan. 6, 2011 /PRNewswire/ -- Taubman Centers Inc. (NYSE: TCO) will replace Syniverse Holdings Inc. (NYSE: SVR) in the S&P MidCap 400 index after the close of trading on Thursday, January 13, 2011. Syniverse is being acquired by The Carlyle Group in a deal expected to be completed on or about that date.

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

Taubman Centers is a real estate investment trust engaged in the development, leasing and management of regional and super regional shopping centers. Headquartered in Bloomfield Hills, MI, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Retail REITs Sub-Industry index.

Following is a summary of the change:

S&P  MIDCAP 400 INDEX  – January 13, 2011
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Taubman Centers	Financials	Retail REITs
DELETED	Syniverse Holdings	Telecommunication Services	Wireless Telecommunication Services

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

Copyright 2011 PR Newswire