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/C O R R E C T I O N -- Standard & Poor's/
In the news release, "Standard & Poor's Announces Changes to S&P Indices,"
issued yesterday by Standard and Poor's over PR Newswire, the ticker symbol for
GameStop Corp. should read "(NYSE: GME.Bwi)" rather than "(NYSE: GME)" as
incorrectly transmitted by PR Newswire. Complete, corrected release follows:
NEW YORK, Nov. 4 /PRNewswire-FirstCall/ -- Standard & Poor's will make the
following changes to the S&P SmallCap 600 and S&P REIT Composite Indices:
* S&P REIT Composite Index constituent CRT Properties Inc. (NYSE:CRO)
will replace QRS Corp. (NASDAQ:QRSI) in the S&P SmallCap 600 after the
close of trading on Friday, November 12. QRS is being acquired by
privately-held Inovis International in a deal still subject to
shareholder approval. CRT had originally been announced as a
replacement for InVision Technologies Inc. (NASDAQ:INVN), which is
scheduled to be acquired by S&P 500 constituent General Electric
(NYSE:GE). A new replacement for InVision will be announced at a
later date.
* GameStop Corp. (NYSE:GME.Bwi) will replace Three-Five Systems Inc.
(NYSE:TFS) in the S&P SmallCap 600 after the close of trading on
Friday, November 12. GameStop is being spun off by S&P MidCap 400
constituent Barnes & Noble (NYSE:BKS). At close of trading on
Wednesday, November 3, Three-Five had a market capitalization of
roughly $43 million, ranking 600th in the Index.
* Universal Health Realty Income Trust (NYSE:UHT) will replace Rouse Co.
(NYSE:RSE) in the S&P REIT Composite on a date to be announced. Rouse
is being acquired by fellow S&P REIT Composite constituent General
Growth Properties Inc. (NYSE:GGP) in a deal that is still pending
final approval.
Standard & Poor's will monitor these transactions, and post any relevant
updates on its website: http://www.standardandpoors.com/.
CRT Properties is a real estate investment trust that develops, owns, operates
and manages suburban office buildings in the southeastern and southwestern U.S.
Headquartered in Boca Raton, FL, the company will be added to the S&P SmallCap
600 GICS (Global Industry Classification Standard) Real Estate Investment
Trusts Sub-Industry Index.
GameStop is a U.S. video game and PC entertainment software specialty retailer.
Headquartered in Grapevine, TX, the company will be added to the S&P SmallCap
600 GICS Computer & Electronics Retail Sub-Industry Index.
Universal Health Realty Income Trust is a real estate investment trust that
invests in healthcare and human service-related facilities. Headquartered in
King of Prussia, PA, the company will be added to the S&P REIT Composite Health
Care property category.
Following is a summary of the changes:
S&P SMALLCAP 600 INDEX - November 12, 2004
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED CRT Properties Financials Real Estate
Investment Trusts
GameStop Corp. Consumer Discretionary Computer &
Electronics Retail
DELETED QRS Corp. Information Technology Systems Software
Three-Five Information Technology Semiconductors
Systems
S&P REIT COMPOSITE INDEX - TBA
COMPANY REIT TYPE PROPERTY CATEGORY
ADDED Universal Health Realty Equity Health Care
Income Trust
DELETED Rouse Co. Equity Industrial/Office
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.
Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is the
world's foremost provider of independent credit ratings, indices, risk
evaluation, investment research, data and valuations. With 5000 employees
located in 20 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/.
Founded in 1888, The McGraw-Hill Companies is a leading global information
services provider meeting worldwide needs in the financial services, education
and business information markets through leading brands such as Standard &
Poor's, BusinessWeek and McGraw-Hill Education. The Corporation has more than
280 offices in 40 countries. Sales in 2003 were $4.8 billion. Additional
information is available at http://www.mcgraw-hill.com/.
DATASOURCE: Standard & Poor's
CONTACT: David M. Blitzer, Ph.D.
Managing Director & Chairman of the Index Committee
(212) 438-3907