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FTSE Mondo Visione Exchanges Index:

Hibbett Sporting Goods Inc. Added To S&P SmallCap 600 Index

Date 22/04/2004

Hibbett Sporting Goods Inc. (NASD:HIBB) will replace Butler Manufacturing Co. (NYSE:BBR) in the S&P SmallCap 600 Index after the close of trading on Tuesday, April 27, 2004. Butler Manufacturing is being acquired by S&P Global 1200 constituent BlueScope Steel Ltd. in a transaction anticipated to close on or about that date. The deal is still pending shareholder approval. Standard & Poor’s will monitor this transaction, and post any relevant updates on its website: www.standardandpoors.com.

Hibbett Sporting Goods operates full-line athletic sporting goods stores in small- to mid-sized markets, predominantly in the southeast. The company, headquartered in Birmingham, AL, will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Specialty Stores Sub-Industry Index.

Following is a summary of the change:

S&P SMALLCAP 600 INDEX – April 27, 2004
  COMPANY GICS ECONOMIC SECTOR  GICS SUB-INDUSTRY
ADDED Hibbett Sporting Goods  Consumer Discretionary Specialty Stores
DELETED Butler Manufacturing Industrials Construction & Engineering

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.

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