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

TORONTO, May 9 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes:

  • The shareholders of Consolidated Thompson Iron Mines Limited (TSX:CLM) have accepted the $C17.25 cash per share takeover offer from Cliffs Natural Resources Inc. (NYSE: CLF). Consolidated Thompson will be removed from the S&P/TSX Composite and Capped Composite, the S&P/TSX Equity, Capped Equity and Equity Completion, the S&P/TSX Completion and the S&P/TSX Capped Materials indices after close on Friday, May 13, 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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