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

Share Name	Share Symbol	Market	Type
Ipayment (MM)	NASDAQ:IPMT	NASDAQ	Common Stock

Ipayment (NASDAQ:IPMT)
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Standard & Poor's Announces Changes to U.S. Indices NEW YORK, April 11 /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P SmallCap 600 and S&P REIT Composite indices: * iPayment Inc. (NASD: IPMT) will replace Province Healthcare Co. (NYSE:PRV) in the S&P SmallCap 600 after the close of trading on Friday, April 15. Province Healthcare is being acquired by S&P MidCap 400 constituent LifePoint Hospitals Inc. (NASD: LPNT) in a deal expected to close on or about that date, subject to final approval. * NETGEAR Inc. (NASD: NTGR) will replace Advanced Marketing Services Inc. (NYSE:MKT) in the S&P SmallCap 600 after the close of trading on Friday, April 15. The common stock of Advanced Marketing Services is scheduled to be suspended from trading on the New York Stock Exchange, "in view of the overall uncertainty surrounding the completion of the company's current financial statement filing requirements ... due to the previously announced restatement of its results." * Inland Real Estate Corp. (NYSE:IRC) will replace Kramont Realty Trust (NYSE:KRT) in the S&P REIT Composite after the close of trading on Thursday, April 14. Kramont is being acquired by S&P/ASX 200 constituent Centro Properties in a deal expected to close on or about that date, pending shareholder approval. Standard & Poor's will monitor these transactions, and post any relevant updates on its website: http://www.standardandpoors.com/ iPayment provides credit and debit card-based payment processing services to small merchants. Headquartered in Nashville, TN, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Data Processing & Outsourced Services Sub-Industry Index. NETGEAR is a supplier of networking gear for small businesses and home users. Headquartered in Santa Clara, CA, the company will be added to the S&P SmallCap 600 GICS Communications Equipment Sub-Industry Index. Inland Real Estate is a REIT which owns neighborhood and community retail centers, located primarily in the Midwest. Headquartered in Oak Brook, IL, the company will be added to the S&P REIT Composite Retail property category. Following is a summary of the changes: S&P SMALLCAP 600 INDEX - April 15, 2005 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED iPayment Information Technology Data Processing & Outsourced Services NETGEAR Information Technology Communications Equipment DELETED Province Health Care Healthcare Health Care Facilities Advanced Marketing Services Consumer Discretionary Distributors S&P REIT COMPOSITE INDEX - April 14, 2005 COMPANY REIT TYPE PROPERTY TYPE ADDED Inland Real Estate Equity Retail DELETED Kramont Realty Equity Retail 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 independent credit ratings, indices, risk evaluation, investment research, data and valuations. With 6,000 employees 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/. 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 37 countries. Sales in 2004 were $5.3 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 Web site: http://www.standardandpoors.com/ http://www.mcgraw-hill.com/

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IPMT Ipayment (MM)