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



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

    
    -   The unitholders of Trinidad Energy Services Income Trust (TSX:TDG.UN)
        have approved the conversion of the company to a corporate structure.
        The units will be exchanged on a 1-for-1 basis for Trinidad Drilling
        Ltd. (TSX:TDG). As a result of the conversion, Trinidad Energy
        Services Income Trust will be removed from the S&P/TSX Income Trust
        and Capped Energy Trust Indices. Trinidad Drilling Ltd. will be added
        to the S&P/TSX Equity and Capped Equity, the S&P/TSX Equity
        Completion and the S&P/TSX Equity SmallCap Indices. The conversion is
        effective after the close of Friday, March 14, 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

Organization Profile

Standard & Poor's Canadian Index Operations

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890