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Standard & Poor's Announces Changes In The S&P/TSX Venture Composite And Venture Select Indices

Date 16/12/2011

Standard & Poor's will make the following changes in the S&P/TSX Venture Composite and Select Indices:

On December 15, 2011, the shareholders of Silver Quest Resources Ltd. (TSXVN:SQI) approved the Arrangement Agreement whereby the company will be acquired by New Gold Inc. (TSX:NGD). Silver Quest will be removed from the S&P/TSX Venture Composite and Venture Select Indices after the close of Monday, December 19, 2011.

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.