Standard & Poor's Announces Changes to S&P U.S. Indices NEW YORK, June 23 /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P 500, S&P 100, S&P MidCap 400 and S&P SmallCap 600 indices: * Gilead Sciences Inc. (NASDAQ:GILD) will replace Bank One Corp. (NYSE:ONE) in the S&P 500, while Dell Inc. (NASDAQ:DELL) will replace Bank One in the S&P 100, after the close of trading on Wednesday, June 30, 2004. Bank One is being acquired by S&P 500 constituent J.P. Morgan Chase & Co. (NYSE:JPM) in a transaction expected to close on or about June 30. Alliance Data Systems Corp. (NYSE:ADS) will replace Gilead in the S&P MidCap 400. * MoneyGram International Inc. (NYSE:MGIwi) will replace Viad Corp. (NYSE:VVIwi) in the S&P MidCap 400 Index after the close of trading on Wednesday, June 30, 2004. The business operations of MoneyGram and Viad are being separated via a spinoff. Viad will replace A.T. Cross Co. (AMEX:ATX) in the S&P SmallCap 600. As of the close of trading June 22, A.T. Cross had a market capitalization of approximately $ 87 million, ranking 598th in the Index. * Digital Insight Corp. (NASDAQ:DGIN) will replace Midway Games Inc. (NYSE:MWY) in the S&P SmallCap 600 after the close of trading on Wednesday, June 30, 2004. A single investor currently holds an approximate 76% ownership stake in Midway, thus rendering the company in violation of the S&P US Index Committee's public float criteria. Standard & Poor's will monitor these transactions, and post any relevant updates on its website: http://www.standardandpoors.com/. Dell Inc. provides products and services required for customers to build their information technology and Internet infrastructures. The company is headquartered in Round Rock, TX. Gilead Sciences is a biopharmaceutical company engaged in the discovery, development and commercialization of treatments to fight bacterial, fungal and viral infections. Headquartered in Foster City, CA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Biotechnology Sub-Industry Index. Alliance Data Systems provides transaction, credit and marketing services to a number of industries. Headquartered in Dallas, TX, the company will be added to the S&P MidCap 400 GICS Data Processing & Outsourced Services Sub- Industry Index. MoneyGram International provides services that enable consumers to make payments and transfer money around the world. Headquartered in Minneapolis, MN, the company will be added to an S&P MidCap 400 GICS Sub-Industry Index to be announced. Viad Corp. is a provider of convention and exhibition services. Headquartered in Phoenix, AZ, the company will be added to an S&P SmallCap 600 GICS Sub-Industry Index to be announced. Digital Insight provides outsourced online banking services to banks, credit unions and savings and loan associations. Headquartered in Calabasas, CA, the company will be added to the S&P SmallCap 600 GICS Internet Software & Services Sub-Industry Index. Following is a summary of the changes: S&P 500 INDEX - June 30, 2004 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Gilead Sciences Health Care Biotechnology DELETED Bank One Financials Diversified Banks S&P 100 INDEX - June 30, 2004 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Dell Inc. Information Technology Computer Hardware DELETED Bank One Financials Diversified Banks S&P MIDCAP 400 INDEX - June 30, 2004 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Alliance Data Information Technology Data Processing & Systems Outsourced Services MoneyGram Int'l TBA TBA DELETED Gilead Sciences Health Care Biotechnology Viad Corp. TBA TBA S&P SMALLCAP 600 INDEX - June 30, 2004 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Viad Corp. Industrials Diversified Commercial Services Digital Insight Information Technology Internet Software & Services DELETED Cross (A.T.) Co. Industrials Office Services & Supplies Midway Games Information Technology Home Entertainment Software Additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the companies concerned. Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research, data and valuations. With 5000 employees located in 20 countries, Standard & Poor's is an essential part of the world's financial infrastructure, and has played a leading role for more than 140 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/ . Founded in 1888, The McGraw-Hill Companies is a leading 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 280 offices in 40 countries. Sales in 2003 were $4.8 billion. Additional information is available at http://www.mcgraw-hill.com/ . DATASOURCE: Standard & Poor's CONTACT: David M. Blitzer, Ph.D. Managing Director & Chairman of the Index Committee of Standard & Poor's +1-212-438-3907 Web site: http://www.standardandpoors.com/ http://www.mcgraw-hill.com/

Copyright