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



    TORONTO, May 15 /CNW/ - Standard & Poor's Canadian Index Operations
announces the following index changes:

    
    -   The unitholders of GMP Capital Trust (TSX:GMP.UN) have approved the
        conversion of the company to a corporate structure. The units will be
        exchanged on a 1-for-1 basis for GMP Capital Inc. (TSX:GMP). GMP
        Capital Inc. will be added to the S&P/TSX Equity SmallCap Index. The
        conversion is effective after the close of Tuesday, May 19, 2009. The
        name and ticker change, with no change in capitalization, will be
        effective in the S&P/TSX SmallCap index.
    

    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.

    Standard & Poor's, a subsidiary of The McGraw-Hill Companies (NYSE:  MHP),
is the world's foremost provider of independent credit ratings, indices, risk
evaluation, investment research and data. With offices in 23 countries and
markets, 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.





For further information:

For further information: Tony North, (416) 507-3204,
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