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



    TORONTO, Jan. 2 /CNW/ - Standard & Poor's Canadian Index Operations
announces the following index changes:

    
    -  The unitholders of Newalta Income Fund (TSX:NAL.UN) have approved the
       conversion of the company to a corporate structure. The units will be
       exchanged on a 1-for-1 basis for Newalta Inc. (TSX:NAL). As a result
       of the conversion, Newalta Income Fund will be removed from the
       S&P/TSX Income Trust Index. Newalta Inc. will be added to the S&P/TSX
       Equity, Capped Equity, Equity SmallCap and Equity Completion Indices.
       The conversion is effective after the close of Tuesday, January 6,
       2009. The name and ticker change, with no change in capitalization,
       will be effective in the S&P/TSX Composite and Capped Composite, the
       S&P/TSX Completion, the S&P/TSX SmallCap and the S&P/TSX Capped
       Industrials indices.
    -  The relative weight of CI Financial Corp. (TSX:CIX) will increase in
       the S&P/TSX Composite and Capped Composite, the S&P/TSX Equity and
       Capped Equity, the S&P/TSX Completion and Equity Completion and the
       S&P/TSX Capped Financials indices after the close of trading on
       Friday, January 9, 2009, to reflect a revised number of common shares
       following conversion from an income trust to a corporate entity.
    -  The unitholders of Superior Plus Income Fund (TSX:SPF.UN) have
       approved the conversion of the company to a corporate structure. The
       units will be exchanged on a 1-for-1 basis for Superior Plus Corp.
       (TSX:SPB). As a result of the conversion, Superior Plus Income Fund
       will be removed from the S&P/TSX Income Trust Index. Superior Plus
       Corp. will be added to the S&P/TSX Equity, Capped Equity, Equity
       Completion and Equity SmallCap Indices. The conversion is effective
       after the close of Tuesday, January 6, 2009. The name and ticker
       change, with no change in capitalization, will be effective in the
       S&P/TSX Composite and Capped Composite, the S&P/TSX Completion, the
       S&P/TSX SmallCap and the S&P/TSX Capped Industrials indices.
    

    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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