Standard & Poor's Announces Changes In S&P/TSX Canadian Income Trust And S&P/TSX Canadian REIT Indices

Standard & Poor's Canadian Index Operations announces the following index change effective after the close of business on Monday, December 2, 2002:

• The relative weight of Summit Real Estate Investment Trust (TSX: SMU.UN) will increase by approximately 0.32% in the S&P/TSX Canadian Income Trust Index and by approximately 1.16% in the S&P/TSX Canadian REIT Index. The relative weight change reflects an adjustment to the float trust units of the income trust due to the issuance of units pursuant to the terms of a prospectus dated November 14, 2002.

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, BusinessWeek and McGraw-Hill Education. The Corporation has more than 350 offices in 33 countries. Sales in 2001 were $4.6 billion. Additional information is available at www.mcgraw-hill.com.