MI Developments Inc. (TSX:MIM.A and MIM.B - GICS Code 40401020 Real Estate Management & Development) will be added to the S&P/TSX Composite and Capped Composite, the S&P/TSX SmallCap, the S&P/TSX Capped Financials, the S&P/TSX Capped Real Estate and to the TSX 200 Indices. Magna International Inc. (TSX:MG.A) has spun off 100% of MI Developments as a publicly traded real estate business.
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 5,000 employees located in 19 countries, Standard & Poor's is an integral part of the world's financial architecture. Additional information is available at www.standardandpoors.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 320 offices in 34 countries. Sales in 2002 were $4.8 billion. Additional information is available at www.mcgraw-hill.com.
