TNB Thomas & Betts Corp.

NEW YORK, May 10, 2012 /PRNewswire/ -- S&P Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:

• S&P MidCap 400 constituent Lam Research Corp. (NASD: LRCX) will replace Novellus Systems, Inc. (NASD: NVLS) in the S&P 500 index and Royal Gold, Inc. (NASD: RGLD) will replace Lam Research in the S&P MidCap 400 index after the close of trading on a date to be announced. Lam Research is acquiring Novellus in a deal expected to be completed soon pending final approvals.
• Tempur-Pedic International Inc. (NYSE: TPX) will replace Thomas & Betts Corp. (NYSE: TNB) in the S&P MidCap 400 index after the close of trading on Tuesday, May 15.  Thomas & Betts is being acquired by ABB Ltd. in a deal expected to be completed soon pending final approvals.
• Globe Specialty Metals, Inc. (NASD: GSM) will replace Delphi Financial Group, Inc. (NYSE: DFG) in the S&P Small 600 index after the close of trading on Tuesday, May 15. Tokio Marine Holdings Inc. is acquiring Delphi Financial in a deal expected to be completed on or about that date pending final approvals.

Lam Research is a supplier of wafer fabrication equipment and services. Headquartered in Fremont, CA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Semiconductor Equipment Sub-Industry index.

Royal Gold engages in the acquisition and management of precious metal royalties. Headquartered in Denver, CO, the company will be added to the S&P MidCap 400 GICS Gold Sub-Industry index.

Tempur-Pedic International engages in the manufacture, marketing, and distribution of bedding products. Headquartered in Lexington, KY, the company will be added to the S&P MidCap 400 Home Furnishings Sub-Industry index.

Globe Specialty Metals produces silicon metal and silicon-based specialty alloys. Headquartered in New York, NY, the company will be added to the S&P SmallCap 600 GICS Diversified Metals & Mining Sub-Industry index.

Following is a summary of the changes:

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For more information:

Dave Guarino

Communications

S&P Indices

dave_guarino@standardandpoors.com

212-438-1471

David Blitzer

Managing Director and Chairman of the Index Committee

S&P Indices

david_blitzer@standardandpoors.com

212-438-3908

SOURCE S&P Indices