Standard & Poor's Announces Changes in the S&P/TSX Canadian Indices

TORONTO, June 1, 2011 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes:

  • On Monday, May 16, 2011, the shareholders of Toromont Industries Ltd. (TSX:TIH) approved the Plan of Arrangement whereby the company will spin off Enerflex Ltd. (TSX:EFX) to its shareholders on a 1-for-1 basis. The effective date for the transaction will be Friday, June 3, 2011. Enerflex will be added at zero price to all the same indices - and with the same number of index shares - where Toromont is currently a constituent after the close on Thursday, June 2, 2011.

Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.

About S&P Indices
S&P Indices, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.25 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry's most closely watched commodities index, and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit www.standardandpoors.com/indices.

SOURCE Standard

For further information:

Tony North
Standard & Poor's
Director, Canadian Index Services
(416) 507-3204
tony_north@standardandpoors.com

David R. Guarino
Standard & Poor's
Communications
(212) 438-1471
dave_guarino@standardandpoors.com

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Standard & Poor's Canadian Index Operations

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