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

NEW YORK, July 7 /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P MidCap 400 and SmallCap 600 indices after the close of trading on Wednesday, July 9:

-- S&P SmallCap 600 constituent Helix Energy Solutions Group Inc. (NYSE:HLX) will replace Activision Inc. (NASDAQ:ATVI) in the S&P MidCap 400, and True Religion Apparel Inc. (NASDAQ:TRLG) will replace Helix Energy Solutions in the S&P SmallCap 600. Activision is undergoing a corporate restructuring that will leave it majority-controlled by S&P Global 1200 constituent Vivendi S.A. in a deal expected to close on or about that date, pending final approvals.

Standard & Poor's will monitor this transaction, and post any relevant updates on its website:

Helix Energy Solutions provides subsea construction and maintenance services to the offshore energy industry, and also operates an exploration and production segment. Headquartered in Houston, TX, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Oil & Gas Equipment & Services Sub-Industry index.

True Religion designs, manufactures and markets clothing. Headquartered in Vernon, CA, the company will be added to the S&P SmallCap 600 GICS Apparel, Accessories & Luxury Goods Sub-Industry index.

    Following is a summary of the changes:

                     S&P MIDCAP 400 INDEX - July 9, 2008


    ADDED     Helix Energy Solutions       Energy              Oil & Gas
                                                          Equipment & Services

    DELETED   Activision                  Information       Home Entertainment
                                           Technology             Software

                    S&P SMALLCAP 600 INDEX - July 9, 2008


    ADDED     True Religion Apparel       Consumer        Apparel, Accessories
                                        Discretionary         & Luxury Goods

    DELETED   Helix Energy Solutions        Energy               Oil & Gas
                                                          Equipment & 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 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: www.

About The McGraw-Hill Companies:

Founded in 1888, The McGraw-Hill Companies (NYSE:MHP) 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 280 offices in 40 countries. Sales in 2007 were $6.8 billion. Additional information is available at

Source: Standard & Poor's

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