GTK Gtech

NEW YORK, Aug. 25 /PRNewswire/ -- Charming Shoppes Inc. (NASDAQ:CHRS) will replace GTECH Holdings Corp. (NYSE:GTK) in the S&P MidCap 400 index after the close of trading on Monday, August 28. GTECH is being acquired by S&P/MIB index constituent Lottomatica SpA 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/. Charming Shoppes is a women's specialty apparel retailer. Headquartered in Bensalem, PA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Apparel Retail Sub-Industry index. Following is a summary of the change: S&P MIDCAP 400 INDEX - August 28, 2006 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Charming Shoppes Consumer Discretionary Apparel Retail DELETED GTECH Holdings Consumer Discretionary Casinos & Gaming 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 financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 7,500 employees, including wholly owned affiliates, located 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/ About The McGraw-Hill Companies 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, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 290 offices in 38 countries. Sales in 2005 were $6.0 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, Standard & Poor's, +1-212-438-3907 Web site: http://www.standardandpoors.com/ http://www.mcgraw-hill.com/

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