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Yell Group PLC Will Replace RMC Group In The S&P European Indices

Date 25/02/2005

Standard & Poor’s will make the following changes in the S&P Europe 350 and S&P United Kingdom Indices effective at the close of trading Monday, February 28, 2005:
  • Yell Group PLC (United Kingdom, SEDOL 3171806, GICS: Consumer Discretionary, GICS Code: 25401040) will replace RMC Group (United Kingdom, SEDOL 0726641) in the S&P Europe 350 and S&P United Kingdom index, after the close of trading on Monday, February 28, 2005. RMC Group is being removed from the indices following its acquisition in an all-cash deal by fellow S&P Global 1200 constituent Cemex SA. The acquisition is subject to a court hearing to approve the Scheme of Arrangement, which is due to be held on 28 February 2005.
Yell Group PLC, headquartered in the United Kingdom, is a provider of classified advertising services through printed and online directories and telephone-based media. The number of shares outstanding is 703,749,110 and the Investable Weight Factor will be 1. The company will be added to the S&P Europe 350 GICS (Global Industry Classification Standard) Publishing sub-industry.

Following is a summary of the announced changes:

S&P Europe 350, United Kingdom – close of trading Feb. 28 2005
  COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED Yell Group PLC Consumer Discretionary Publishing
DELETED RMC Group Materials Construction Materials

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 20 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 322 offices in 33 countries .Sales in 2003 were $4.8 billion. Additional information is available at www.mcgraw-hill.com