Standard & Poor's Announces Changes in S&P Euro and Euro Plus Indices

NEW YORK (PROTEXT) - Standard & Poor's will make the following changes in the S&P Euro and S&P Euro Plus Indices after the close of trading Thursday, December 9, 1999: -- Banca Commercial Italiana (Italy) will be deleted from both the S&P Euro and the S&P Euro Plus Indices, following its acquisition by Banca Intesa (Italy). -- Enel SpA (Italy) will replace Banca Commercial Italiana in the Euro and Euro Plus Indices. Enel SpA generates, transmits and distributes electricity throughout Italy. Its investable weight factor is expected to be 0.32. It will be added to the S&P Utilities Sector. The S&P Euro Index covers the Eurobloc countries; the S&P Euro Plus Index covers Continental Europe by including the Euro markets plus Denmark, Norway, Sweden and Switzerland. The S&P Euro Plus Index contains 200 constituents, and the S&P Euro Index, a subset of Euro Plus, contains 159 constituents. The Indices provide geographic and economic diversity over 10 industry sectors. The indices are 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 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; http:www.standardandpoors.com Subscribers please note that material bearing the slug "PROTEXT" is not part of CTK's news service and is not to be published under the "CTK" slug. Protext is a commercial service providing distribution of press releases from clients, who are identified in the text of Protext reports and who bear full responsibility for their contents. PROTEXT