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Standard & Poor’s will make the following changes in the S&P Europe 350, S&P Euro Plus and S&P Euro indices effective after the close of trading on Friday 29 June, 2007:
- Banco Popolare – Societa Cooperativa (Italy, SEDOL: TBC, GICS: Financials, GICS Code: 40101010) will replace Banco Popolare di Verona e Novara (Italy, SEDOL: 7378261, GICS: Financials, GICS Code:40101010) in the S&P Europe 350, S&P Euro Plus and S&P Euro indices.
| S&P Europe 350, S&P Euro Plus, S&P Euro– close of trading 29 June 2007 | |||
| COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
| ADDED | Banco Popolare – Societa Cooperativa | Financials | Diversified Banks |
| DELETED | Banco Popolare di Verona e Novara | Financials | Diversified Banks |
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 20 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.
Banco Popolare – Societa Cooperativa is due to commence trading on 2 July 2007. It will be added to the indices after the close on 29 June at the same price as the closing price of Banca Popolare di Verona e Novara. This reflects the exchange ratio of Banco Popolar – Societa Cooperativa shares for Banca Popolare di Verona e Novara – 1:1.
Following is a summary of the announced addition and deletion:
