Standard & Poor's Announces Changes In S&P/TSX Canadian, Global 100 and Global 1200 Indices

Standard & Poor's Canadian Index Operations announces the following index changes effective after the close of business on Monday, December 8, 2003:

• The relative weight of Alcan Inc. (TSX:AL - GICS 15104010 - Aluminum) will increase by approximately 0.30% in the S&P/TSX Composite and Capped Composite Indices, by 0.39% in the S&P/TSX 60 and 60 Capped Indices, by 0.33% in the TSX 100 Index and by 1.54% in the S&P/TSX Capped Materials Index. The relative weight change reflects an adjustment to the float shares of the company due to the issuance of new shares as part of the acquisition of Pechiney (Paris:PECH - NYSE:PY). The float shares of Alcan will also be adjusted in the S&P Global 100 and the S&P Global 1200 Indices at the same time.
• The relative weight of Petrofund Energy Trust (TSX:PTF.UN - GICS 10102020 Oil & Gas Exploration & Production) will increase by approximately 0.25% in the S&P/TSX Capped Income Trust Index and by 0.53% in the S&P/TSX Capped Energy Trust Index. The relative weight change reflects an adjustment to the float capitalization of the trust due to the issuance of units.
• The relative weight of H&R REIT (TSX:HR.UN - GICS 40401010 Real Estate Investment Trusts) will increase by approximately 0.24% in the S&P/TSX Capped Income Trust Index and by 1.24% in the S&P/TSX Capped REIT Index. The relative weight change reflects an adjustment to the float capitalization of the trust due to the issuance of units.

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.

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