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

TORONTO, Aug. 23 /CNW/ - Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Monday, August 23, 2010:

    
    -  Ryland Oil Corporation (TSXVN:RYD) will be removed from the index. The
       shares of the company have been acquired, pursuant to an Arrangement
       Agreement, by Crescent Point Energy Corp.
    

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.

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, 1 212 438 1471, Dave_guarino@standardandpoors.com

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Standard & Poor's Canadian Index Operations

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