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



    TORONTO, Jan. 11 /CNW/ - Standard & Poor's Canadian Index Operations
announces the following index changes:

    
    -   The offer to purchase shares via a modified Dutch Auction by
        ACE Aviation Holdings Inc. (TSX:ACE.B) expired after the close of
        Thursday, January 10, 2008. As a result, 49,918,000 shares will be
        taken up and paid for by ACE Aviation and the relative weight of
        ACE Aviation will decrease in the S&P/TSX Composite and Capped
        Composite, the S&P/TSX 60 and 60 Capped, the S&P/TSX Equity, Capped
        Equity and Equity 60 and the S&P/TSX Capped Industrials Indices after
        the close of Friday, January 18, 2008.
    

    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 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
    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, BusinessWeek, McGraw-Hill Education and J.D. Power
and Associates. The Corporation has more than 240 offices in 36 countries.
Sales in 2005 were $6.0 billion. Additional information is available at
http://www.mcgraw-hill.com.





For further information:

For further information: Tony North, Tel. (416) 507-3200,
sp_index@standardandpoors.com; Dave Guarino, (212) 438-1471,
dave_guarino@standardandpoors.com

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Standard & Poor's Canadian Index Operations

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