Standard & Poor's Announces Changes to U.S. Indices

NEW YORK, Sept. 22 /PRNewswire/ -- S&P SmallCap 600 constituent Baldor Electric Co. (NYSE: BEZ) will replace Valeant Pharmaceuticals International (NYSE: VRX) in the S&P MidCap 400 index, and Universal Health Realty Trust (NYSE: UHT) will replace Baldor Electric Co. in the  S&P SmallCap 600 index after the close of trading on Monday, September 27.  Valeant Pharmaceuticals is being acquired by S&P Global 1200 constituent Biovail Co. (NYSE: BVF) in a deal expected to close soon, pending final approvals.

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

Baldor Electric designs, manufactures, and markets industrial electric motors, mechanical power transmission products, drives, and generators. Headquartered in Fort Smith, AK, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Electrical Components & Equipment Sub-Industry index.

Universal Health Realty Income Trust, operating as a real estate investment trust (REIT), invests in health care and human service related facilities.  Headquartered in King of Prussia, PA, the company will be added to the S&P SmallCap 600 GICS Specialized REITs Sub-Industry index.

Following is a summary of the changes:

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.

About Standard & Poor's

Standard & Poor's, a subsidiary of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With offices in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for 150 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com.

SOURCE Standard & Poor's

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