Standard & Poor's Announces Change to U.S. Index

NEW YORK, Jan. 26, 2011 /PRNewswire/ -- Covidien plc (NYSE: COV) will replace McAfee Inc. (NYSE: MFE) in the S&P 500 index after the close of trading on a date to be announced. McAfee is being acquired by S&P 100 & 500 constituent Intel Corp. (Nasdaq: INTC) in a deal expected to be completed soon.

Standard & Poor's will monitor this transaction, and post any relevant updates on its website: www.standardandpoors.com.  

Covidien develops, manufactures, and sells healthcare products. Headquartered in Dublin, Ireland, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Health Care Equipment Sub-Industry index.  

Following is a summary of the change:

For more information about S&P Indices, please visit www.standardandpoors.com/indices.  

About S&P Indices

S&P Indices, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.25 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry's most closely watched commodities index, and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit www.standardandpoors.com/indices.

SOURCE Standard & Poor's

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