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

NEW YORK, Dec. 20 /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P SmallCap 600 after the close of trading on Monday, December 31:

-- S&P REIT Composite constituent Extra Space Storage Inc. will replace First Indiana Corp. (NASD: FINB). First Indiana is being acquired by S&P 500 constituent Marshall & Ilsley in a deal expected to close on or about that date, pending final approvals. -- The Navigators Group Inc. (NASD: NAVG) will replace Chittenden Corp. . Chittenden is being acquired by People's United Financial Inc. (NASD: PBCT) in a deal expected to close on or about that date, pending final approvals.

Standard & Poor's will monitor these transactions, and post any relevant updates on its website: http://www.standardandpoors.com/.

Extra Space Storage is a REIT specializing in self-storage properties. Headquartered in Salt Lake City, UT, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Specialized REITs Sub-Industry index.

The Navigators Group is an international insurance holding company. Headquartered in New York, NY, the company will be added to the S&P SmallCap 600 GICS Property & Casualty Insurance Sub-Industry index.

Following is a summary of the changes: S&P SMALLCAP 600 INDEX - December 31, 2007 COMPANY GICS ECONOMIC GICS SUB-INDUSTRY SECTOR ADDED Extra Space Storage Financials Specialized REITs Navigators Group Financials Property & Casualty Insurance DELETED First Indiana Financials Regional Banks Chittenden Financials Regional Banks

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.

About Standard & Poor's

Standard & Poor's, a division of The McGraw-Hill Companies , is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 7,500 employees, including wholly-owned affiliates, located in 21 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/.

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