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

Wed Jun 25, 5:18 PM

TORONTO, June 25 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes:

    
    -   The unitholders of Aeroplan Income Fund (TSX: AER-UN.TO) have approved
        the conversion of the company to a corporate structure. The units
        will be exchanged on a 1-for-1 basis for Groupe Aeroplan Inc.
        (TSX: AER.TO). As a result of the conversion, Aeroplan Income Fund will
        be removed from the S&P/TSX Income Trust Index. Groupe Aeroplan Inc.
        will be added to the S&P/TSX Equity, Capped Equity and Equity 60
        Indices. The conversion is effective after the close of Thursday,
        June 26, 2008. The name and ticker change, with no change in
        capitalization, will be effective in the S&P/TSX Composite and Capped
        Composite, the S&P/TSX 60 and 60 Capped and the S&P/TSX Capped
        Consumer Discretionary indices.
    

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 www.standardandpoors.com/indices.

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: www.standardandpoors.com.

Contacts

Tony North
Tel. (416) 507-3200
sp_index@standardandpoors.com

Dave Guarino
(212) 438-1471
dave_guarino@standardandpoors.com