Standard & Poor's Announces Changes to U.S. Indices

NEW YORK, June 22 /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P 500 and S&P SmallCap 600 indices: -- CONSOL Energy Inc. (NYSE:CNX) will replace Knight-Ridder Inc. (NYSE:KRI) in the S&P 500 after the close of trading on a date to be announced. Knight-Ridder is being acquired by McClatchy Co. (NYSE:MNI) in a deal that is still pending final approvals. -- RC2 Corp. (NASD: RCRC) will replace Remington Oil & Gas Corp. (NYSE:REM) in the S&P SmallCap 600 after the close of trading on Thursday, June 29. Remington Oil & Gas is being acquired by S&P SmallCap 600 constituent Helix Energy Solutions Group Inc. (NASD: HELX) in a deal expected to close on or about that date, pending final approvals. Standard & Poor's will monitor these transactions, and post any relevant updates on its website: http://www.standardandpoors.com/ . CONSOL Energy produces high-bituminous coal and coalbed methane gas. Headquartered in Pittsburgh, PA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Coal & Consumable Fuels Sub-Industry index. RC2 produces and markets collectibles and toys sold at more than 25,000 retail outlets. Headquartered in Oak Brook, IL, the company will be added to the S&P SmallCap 600 GICS Leisure Products Sub-Industry index. Following is a summary of the changes: S&P 500 INDEX - TBA COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED CONSOL Energy Energy Coal & Consumable Fuels DELETED Knight-Ridder Consumer Discretionary Publishing S&P SMALLCAP 600 INDEX - June 29, 2006 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED RC2 Consumer Discretionary Leisure Products DELETED Remington Energy Oil & Gas Exploration & Oil & Gas Production 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 and data. With approximately 6,300 employees located in 21 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 http://www.standardandpoors.com/ . About The McGraw-Hill Companies 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, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 290 offices in 38 countries. Sales in 2005 were $6.0 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 (212) 438-3907 Web site: http://www.standardandpoors.com/ http://www.mcgraw-hill.com/