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Standard & Poor's Announces Changes In S&P/TSX Canadian Health Care Sector Index

Date 16/08/2002

Standard & Poor's will make the following change in the S&P/TSX Canadian Health Care Sector Index:
  • Effective after the close of trading on Monday, August 19, 2002, the following change will take place in the S&P/TSX Canadian Health Care Sector Index. The weight of Biovail Corporation (TSX: BVF) will decrease by approximately 5.08% in the S&P/TSX Canadian Health Care Sector Index. The relative weight change reflects an adjustment to the float shares pursuant to S&P/TSX Canadian Sector Index methodology.
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.

Standard & Poor's is a leader in providing highly valued financial data, analytical research and investment and credit opinions to the global capital markets. Among the company's many products are the S&P Global 1200, the first real-time, global equity index, the S&P 500, the premier U.S. portfolio index, and credit ratings on more than 220,000 securities and funds With more than 5,000 employees located in 18 countries, Standard & Poor's is an integral part of the world's financial architecture. Additional information is available at www.spglobal.com.

Founded in 1888, The McGraw-Hill Companies is a global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, Business Week and McGraw-Hill Education. The corporation has more than 300 offices in 33 countries. Sales in 2000 were $4.3 billion. Additional information is available at www.mcgraw-hill.com.