Standard & Poor's Announces Changes to U.S. Indices NEW YORK, May 19 /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: * S&P SmallCap 600 constituent Advanced Medical Optics Inc. (NYSE:AVO) will replace VISX Inc. (NYSE:EYE) in the S&P MidCap 400 after the close of trading on a date to be announced. Advanced Medical Optics is acquiring VISX in a deal that is still pending final approval. When added to the S&P MidCap 400, Advanced Medical Optics' GICS Sub-Industry will simultaneously change from Health Care Supplies to Health Care Equipment. EastGroup Properties Inc. (NYSE:EGP) will replace Advanced Medical Optics in the S&P SmallCap 600. * Old Dominion Freight Line Inc. (NASD:ODFL) will replace USF Corp. (NASD:USFC) in the S&P SmallCap 600 after the close of trading on Tuesday, May 24. S&P MidCap 400 constituent Yellow Roadway Corp. (NASD:YELL) is acquiring USF in a deal expected to close on or about that date, pending shareholder approval. * Peet's Coffee & Tea Inc. (NASD:PEET) will replace Alliance Semiconductor Corp. (NASD:ALSC) in the S&P SmallCap 600 after the close of trading on Tuesday, May 24. Alliance Semiconductor has traded below $2.00 per share for more than five consecutive days, and had a market capitalization of roughly $ 58 million as of the close of trading on May 18. * Advanced Neuromodulation Systems Inc. (NASD:ANSI) will replace Insurance Auto Auctions Inc. (NASD:IAAI) after the close of trading on Wednesday, May 25. Insurance Auto Auctions is being acquired by the private equity concern Kelso & Co. in a deal that is still pending final approval. Standard & Poor's will monitor these transactions, and post any relevant updates on its website: http://www.standardandpoors.com/ . Advanced Medical Optics develops, makes and markets medical devices for the eye and eye-care products. Headquartered in Santa Ana, CA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Health Care Equipment Sub-Industry Index. EastGroup Properties is a real estate investment trust which owns a portfolio primarily consisting of industrial properties in the Sunbelt. Headquartered in Jackson, MS, the company will be added to the S&P SmallCap 600 Real Estate Investment Trusts Sub-Industry Index. Old Dominion Freight Line is a less-than-truckload multi-regional motor carrier. Headquartered in Thomasville, NC, the company will be added to the S&P SmallCap 600 Trucking Sub-Industry Index. Peet's Coffee & Tea sells specialty coffees, teas, prepared beverages and pastry. Headquartered in Emeryville, CA, the company will be added to the S&P SmallCap 600 GICS Packaged Foods & Meats Sub-Industry Index. Advanced Neuromodulation Systems specializes in implantable medical devices used to manage chronic intractable pain and other disorders of the central nervous system. Headquartered in Dallas, TX, the company will be added to the S&P SmallCap 600 GICS Health Care Equipment Sub-Industry Index. Following is a summary of the changes: S&P MIDCAP 400 INDEX - TBA COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Advanced Medical Health Care Health Care Equipment Optics DELETED VISX Health Care Health Care Equipment S&P SMALLCAP 600 INDEX - TBA COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED EastGroup Properties Financials Real Estate Investment Trusts DELETED Advanced Medical Health Care Health Care Supplies Optics S&P SMALLCAP 600 INDEX - May 24, 2005 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Old Dominion Freight Industrials Trucking Line Peet's Coffee & Tea Consumer Staples Packaged Foods & Meats DELETED USF Corp. Industrials Trucking Alliance Information Technology Semiconductors Semiconductor S&P SMALLCAP 600 INDEX - May 25, 2005 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Advanced Health Care Health Care Equipment Neuromodulation Systems DELETED Insurance Auto Industrials Diversified Commercial & Auctions Professional Services Additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the companies concerned. About Standard & Poor's Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research, data and valuations. With 6,000 employees 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 and McGraw-Hill Education. The Corporation has more than 280 offices in 37 countries. Sales in 2004 were $5.3 billion. Additional information is available at http://www.mcgraw-hill.com/ . DATASOURCE: Standard & Poor's CONTACT: David M. Blitzer, Ph.D. Managing Director & Chairman of the Index Committee +1-212-438-3907 Web site: http://www.standardandpoors.com/ http://www.mcgraw-hill.com/

Copyright