Standard & Poor's Announces Changes in the S&P/TSX Venture Composite Index



    TORONTO, April 17 /CNW/ - Standard & Poor's will make the following
changes in the S&P/TSX Venture Composite Index after the close of trading on
Tuesday, April 17, 2007:

    
    -   International Hi-Tech Industries Inc. (TSXVN:IHI) will be removed
        from the index. The company has requested to be delisted from the TSX
        Venture Exchange.
    

    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 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, (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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