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

TORONTO, Oct. 13 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes:

    
    -   The shareholders of Highpine Oil & Gas Limited (TSX:HPX) have
        accepted the unit exchange offer from Daylight Resources Trust
        (TSX:DAY.UN). Pursuant to the arrangement agreement, shareholders of
        Highpine will receive 0.85 units of Daylight for each share held.
        Highpine will be removed from the S&P/TSX SmallCap and Equity
        SmallCap indices and the relative weight of Daylight will increase in
        the S&P/TSX SmallCap index to reflect the issuance of new units as
        part of the transaction, which will be effective after the close of
        Thursday, October 15, 2009.
    

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. Over $1 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 Global 1200, a composite index comprised of seven regional and country headline indices, the S&P Global BMI, an index with approximately 11,000 constituents and the S&P GSCI, the industry's most closely-watched commodities index. For more information, please visit www.standardandpoors.com/indices.

About Standard & Poor's

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 nearly 150 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.

SOURCE Standard & Poor's Canadian Index Operations

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