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

NEW YORK, June 30, 2011 /PRNewswire/ -- Approach Resources Inc. (NASD: AREX) will replace California Pizza Kitchen Inc. (NASD: CPKI) in the S&P SmallCap 600 index after the close of trading on Wednesday, July 6, 2011.  Private equity firm Golden Gate Capital is acquiring California Pizza Kitchen 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.

Approach Resources engages in the acquisition, exploration, development, and production of natural gas and oil properties.  Headquartered in Fort Worth, TX, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Oil & Gas Exploration & Production 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.

For more information contact:
David M. Blitzer, Ph.D.
Managing Director & Chairman of the Index Committee
(212) 438-3907

SOURCE Standard & Poor's

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