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

    TORONTO, June 23 /CNW/ - Standard & Poor's Canadian Index Operations
announces the following index changes:

    -  Pursuant to the previously-announced GICS (Global Industry
       Classification Standard) change for Silvercorp Metals Inc. (TSX:SVM)
       from 15104020 - Diversified Metals & Mining - to 15104040 - Precious
       Metals & Minerals, Silvercorp will be removed from the S&P/TSX Capped
       Diversified Metals & Mining Index effective after the close of trading
       on Tuesday, June 30, 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.

    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 approximately 10,000 employees,
including wholly owned affiliates, located 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

For further information:

For further information: Tony North, (416) 507-3204,; Dave Guarino, (212) 438-1471,

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Standard & Poor's Canadian Index Operations

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