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



    TORONTO, Oct. 3 /CNW/ - Standard & Poor's Canadian Index Operations
announces the following index changes:

    
    -  On October 3, 2008, Magna International (TSX:MG.A) announced that it
       has been advised that the lender to a wholly-owned subsidiary of OJSC
       Russian Machines has realized against the 20 million Magna Class A
       Subordinate Voting Shares pledged as security for the financing
       obtained by Russian Machines for its investment in Magna
       International. There for the relative weight of Magna International
       will increase in the S&P/TSX Composite and Capped Composite, the
       S&P/TSX Equity, Capped Equity and Equity 60, the S&P/TSX 60 and 60
       Capped and the S&P/TSX Capped Consumer Discretionary indices after the
       close of trading on Friday, October 10, 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 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
$1.32 trillion invested and $4.91 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: www.standardandpoors.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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