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

NEW YORK, May 27 /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:

-- S&P MidCap 400 constituent Southwestern Energy Co. (NYSE:SWN) will
replace Trane Inc. (NYSE:TT) in the S&P 500, and Commerce Bancshares
Inc. (NASDAQ:CBSH) will replace Southwestern Energy in the S&P
MidCap 400 after the close of trading on Thursday, June 5. Trane is
being acquired by S&P 500 constituent Ingersoll-Rand Co. Ltd.
(NYSE:IR) in a deal expected to close on or about that date,
pending final approvals.

-- Darling International Inc. (NYSE:DAR) will be added to the S&P
SmallCap 600 after the close of trading on Thursday, May 29. Darling
will take the place of Performance Food Group Co. (NASDAQ:PFGC),
whose acquisition by The Blackstone Group closed before today's open
of trading.

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

Southwestern Energy is engaged in gas and oil exploration and production, natural gas gathering, transmission, marketing and natural gas distribution. Headquartered in Houston, TX, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Oil & Gas Exploration & Production Sub-Industry index.

Commerce Bancshares provides consumer and business banking services in Missouri, Kansas, and Nebraska. Headquartered in Kansas City, MO, the company will be added to the S&P MidCap 400 GICS Regional Banks Sub-Industry index.

Darling International recycles food processing by-products. Headquartered in Irving, TX, the company will be added to the S&P SmallCap 600 GICS Agricultural Products Sub-Industry index.

Following is a summary of the changes:

S&P 500 INDEX - June 5, 2008
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED Southwestern Energy Oil & Gas
Energy Exploration
& Production
DELETED Trane Industrials Building Products

S&P MIDCAP 400 INDEX - June 5, 2008
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED Commerce Financials Regional Banks
Bancshares
DELETED Southwestern Energy Oil & Gas
Energy Exploration
& Production

S&P SMALLCAP 600 INDEX - May 29, 2008
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED Darling Consumer Staples Agricultural Products
International

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 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.

About The McGraw-Hill Companies:

Founded in 1888, The McGraw-Hill Companies (NYSE:MHP) 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, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2007 were $6.8 billion. Additional information is available at http://www.mcgraw-hill.com/.

First Call Analyst:
FCMN Contact:

Source: Standard & Poor's

CONTACT: David M. Blitzer, Ph.D.
Managing Director & Chairman of the Index Committee
+1-212-438-3907

Web site: http://www.standardandpoors.com/
http://www.standardandpoors.com/indices
http://www.mcgraw-hill.com/

2008-05-27 18:31:42 0371121 PRNEWSWIRE