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

NEW YORK, Aug 22, 2008 /PRNewswire via COMTEX News Network/ --

Standard & Poor's will make the following changes to the S&P 500 and S&P MidCap 400 indices:

-- S&P MidCap 400 constituent CF Industries Holdings Inc. (NYSE: CF) will replace Electronic Data Systems Corp. (NYSE: EDS) in the S&P 500, and SAIC Inc. (NYSE: SAI) will replace CF Industries in the S&P MidCap 400 after the close of trading on a date to be announced. Electronic Data Systems is being acquired by S&P 100 and S&P 500 constituent Hewlett-Packard Co. (NYSE: HPQ) in a transaction that is still pending final approvals.

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

CF Industries manufactures and distributes nitrogen and phosphate fertilizer products. Headquartered in Deerfield, IL, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Fertilizers & Agricultural Chemicals Sub-Industry index.

SAIC provides scientific, engineering, systems integration and technical services. Headquartered in San Diego, CA, the company will be added to the S&P MidCap 400 GICS IT Consulting & Other Services Sub-Industry index.

Following is a summary of the changes:

                             S&P 500 INDEX - TBA

             COMPANY            GICS ECONOMIC SECTOR         GICS SUB-INDUSTRY
    ADDED    CF Industries      Materials                    Fertilizers &
                                                             Agricultural
                                                             Chemicals

    DELETED  Electronic Data    Information Technology       Data Processing &
             Systems                                         Outsourced
                                                             Services



                          S&P MIDCAP 400 INDEX - TBA

             COMPANY            GICS ECONOMIC SECTOR         GICS SUB-INDUSTRY
    ADDED    SAIC               Information Technology       IT Consulting &
                                                             Other Services

    DELETED  CF Industries      Materials                    Fertilizers &
                                                             Agricultural
                                                             Chemicals

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 $1.5 trillion invested and $4.85 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 http://www.standardandpoors.com.

SOURCE Standard & Poor's

http://www.standardandpoors.com