FRK Florida Rock Inds

NEW YORK, Nov. 12 /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P MidCap 400 index: -- Westinghouse Air Brake Technologies Corp. (NYSE:WAB) will replace Florida Rock Industries Inc. (NYSE:FRK) in the S&P MidCap 400 after the close of trading on Friday, November 16. Florida Rock is being acquired by S&P 500 constituent Vulcan Materials Co. (NYSE:VMC) in a deal expected to close on or about that date, pending final approvals. -- S&P REIT Composite constituent BRE Properties Inc. (NYSE:BRE) will replace United Rentals Inc. (NYSE:URI) in the S&P MidCap 400 after the close of trading on a date to be announced. United Rentals is being acquired by Cerberus Capital Management in a deal still pending final approvals. Standard & Poor's will monitor these transactions, and post any relevant updates on its website: http://www.standardandpoors.com/. Westinghouse Air Brake Technologies provides technology-based equipment and services for the rail industry. Headquartered in Wilmerding, PA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Construction & Farm Machinery & Heavy Trucks Sub- Industry index. BRE Properties is a REIT that engages in the development, acquisition, and management of multifamily apartment communities. Headquartered in San Francisco, CA, the company will be added to the S&P MidCap 400 GICS Residential REITs Sub-Industry index. Following is a summary of the changes: S&P MIDCAP 400 INDEX - November 16, 2007 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Westinghouse Air Industrials Construction & Farm Brake Technologies Machinery & Heavy Trucks DELETED Florida Rock Materials Construction Materials S&P MIDCAP 400 INDEX - To Be Announced COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED BRE Properties Financials Residential REITs DELETED United Rentals Industrials Trading Companies & Distributors 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 (NYSE:MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 8,500 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/. About The McGraw-Hill Companies: Founded in 1888, The McGraw-Hill Companies (NYSE:MHP) 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, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2006 were $6.3 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 +1-212-438-3907 Web site: http://www.standardandpoors.com/ http://www.mcgraw-hill.com/

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