REY Reynolds Reynolds A

NEW YORK, Oct. 18 /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices: * Fidelity National Title Group, Inc. (NYSE:FNTwi) will replace Emmis Communications Corp. (NASDAQ:EMMS) in the S&P MidCap 400 after the close of trading on Tuesday, October 24. The 85% of Fidelity National Title owned by S&P Midcap 400 constituent Fidelity National Financial Inc. (NYSE:FNF) is being spun off to shareholders in a deal expected to close on or about that date, pending final approvals. At today's close of trading, Emmis had a market capitalization of approximately $440 million, ranking 400th in the index. * S&P SmallCap 600 constituent Hansen Natural Corp. (NASDAQ:HANS) will replace Reynolds and Reynolds Co. (NYSE:REY) in the S&P MidCap 400, and Digitas Inc. (NASDAQ:DTAS) will replace Hansen in the S&P SmallCap 600, after the close of trading on Thursday, October 26. Reynolds is being acquired by Universal Computer Systems Holding Inc. in a deal that is expected to close on or about that date, pending final approvals. Standard & Poor's will monitor these transactions, and post any relevant updates on its website: http://www.standardandpoors.com/ . Fidelity National Title provides title insurance, escrow services, and other title-related products and services for real estate transactions. Headquartered in Jacksonville, FL, the company will be added to the S&P MidCap 400 GICS Property and Casualty Insurance Sub-Industry index. Hansen Natural engages in the development, marketing, sale, and distribution of beverages in the United States. Headquartered in Corona, CA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Soft Drinks Sub-Industry index. Digitas is an Internet professional services firm that provides integrated strategy, technology, and marketing solutions to various companies. Headquartered in Boston, MA, the company will be added to the S&P SmallCap 600 GICS Internet Software & Services Sub-Industry index. Following is a summary of the changes: S&P MIDCAP 400 INDEX - October 24, 2006 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Fidelity Financials Property and Casualty National Title Insurance DELETED Emmis Consumer Discretionary Broadcasting & Communications Cable TV S&P MIDCAP 400 INDEX - October 26, 2006 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Hansen Natural Consumer Staples Soft Drinks DELETED Reynolds and Reynolds Information Technology Application Software S&P SMALLCAP 600 INDEX - October 26, 2006 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Digitas Information Technology Internet Software & Services DELETED Hansen Natural Consumer Staples Soft Drinks 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 212-438-3907 Web site: http://www.standardandpoors.com/

Copyright