Standard & Poor's Announces Change in S&P United Kingdom 150 Index
24.11.1999, 08:23
NEW YORK (PROTEXT) - Standard & Poor's will make the following
change in the S&P United Kingdom Index after the close of
business on Wednesday November 24, 1999:
COLT Telecom plc will replace Orange plc following the
announcement that Mannesmann AG's acquisition of Orange was
declared wholly unconditional.
COLT Telecom plc is a telecommunications company operating an
integrated IP based network linking financial and business
centers throughout Europe. COLT's investable weight factor will
be 0.73. The company will be added to the Telecommunication
Services Sector.
The S&P United Kingdom Index contains 150 constituents
domiciled in the United Kingdom. The Index provides economic
diversity over 10 industry sectors. The index is calculated real-
time by Reuters.
Standard & Poor's, a division of The McGraw-Hill Companies,
Inc., provides financial, economic and investment information and
analytical services to the global financial community. S&P
calculates and maintains the S&P Global 1200 Index, which
includes the S&P Euro and Euro Plus for Continental Europe, the
S&P/TSE 60 for Canada, the S&P 500 for the U.S., the S&P/TOPIX
for Japan, the S&P Asia Pacific 100, the S&P United Kingdom 150
and the S&P Latin America 40. S&P also publishes the S&P MidCap
400, S&P SmallCap 600, S&P SuperComposite 1500 and S&P REIT
Composite for the U.S. and the S&P/TSE Canadian MidCap and
S&P/TSE Canadian SmallCap Indices. Over $750 billion is indexed
to S&P indices.
Founded in 1888, The McGraw-Hill Companies is a leading
information services provider meeting worldwide needs in
education, business, finance, the professions and government. The
corporation employs 16,500 people located in more than 400
offices in 32 countries. Sales in 1998 were $3.7 billion. Company
additions to and deletions from an S&P equity index do not in any
way reflect an opinion on the investment merits of the company.
ots Original Text Service: Standard & Poor's Internet:
http://www.newsaktuell.de Contact: Carol Levine, Communications
Manager, Index Services of Standard & Poor's, 212-438-3534 Web
site:
http://www.spglobal.com
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