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

    TORONTO, June 17 /CNW/ - Standard & Poor's Canadian Index Operations
announces the following index changes:

    -  The shareholders of RBTT Financial Group have approved the takeover
       offer from Royal Bank of Canada (TSX:RY). The relative weight of Royal
       Bank will increase in the S&P/TSX Composite and Capped Composite, the
       S&P/TSX Equity, Capped Equity and Equity 60, the S&P/TSX 60 and 60
       Capped and the S&P/TSX Capped Financials indices after the close of
       trading on Friday, June 20, 2008, to reflect the issuance of new
       shares as part of the transaction.

    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. Its family of indices includes the S&P 500, an index with
$1.32 trillion invested and $4.91 trillion benchmarked, and the S&P Global
1200, a composite index comprised of seven regional and country headline
indices. For more information, please visit

    About Standard & Poor's

    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 8,500 employees, including wholly owned affiliates,
located in 23 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:

For further information:

For further information: Tony North, Tel. (416) 507-3200,; Dave Guarino, (212) 438-1471,

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Standard & Poor's Canadian Index Operations

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