Standard & Poor's Announces Changes in S&P U.S. Indices

  NEW YORK, March 11 /PRNewswire-FirstCall/ -- Standard & Poor's will make
the following changes in the S&P 500 and S&P SmallCap 600 Indices after the
close of trading on Thursday, March 13, 2003: 

      *  Apartment Investment & Management Co. (NYSE: AIV) will replace AMR
       Corp. (NYSE: AMR) in the S&P 500 Index.  AMR is being removed on
       account of low market capitalization and price per share.
    *  Possis Medical Inc. (Nasdaq: POSS) will replace Aware Inc.
       (Nasdaq: AWRE) in the S&P SmallCap 600 Index.  Aware has closed at a
       price below $2.00 per share for 5 consecutive days.

  Apartment Investment & Management Co. is a REIT engaged in the ownership,
acquisition, redevelopment, expansion and management of multi-family apartment
properties.  The company, headquartered in Denver, CO, will be added to the
S&P 500 GICS (Global Industry Classification Standard) Real Estate Investment
Trusts sub-industry. 
Possis Medical Inc. is a developer, manufacturer and marketer of medical
devices, focused on the development of a device for the removal of
intravascular blood clots in a variety of clinical applications.  The company,
headquartered in Minneapolis, MN, will be added to the S&P SmallCap 600 GICS
Health Care Equipment sub-industry. 

      Following is a summary of the announced changes:
                          S&P 500 INDEX - March 13, 2003
    ADDED    Apartment              Financials                  Real Estate
            Investment &                                     Investment Trusts
    DELETED  AMR Corp.             Industrials                    Airlines
                          S&P SMALLCAP 600 INDEX - March 13, 2003
    ADDED    Possis Medical          Health Care         Health Care Equipment
    DELETED  Aware Inc.        Information Technology     Telecommunications

  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. 
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SOURCE  Standard & Poor's 
-0-                             03/11/2003 
/CONTACT:  David Blitzer, Managing Director, Quantitative Services,
+1-212-438-3907, or Carol Levine, Communications Manager, +1-212-438-3534,, both of Standard & Poor's/ 

    /Web site:

CO:  Standard & Poor's
ST:  New York
-0- Mar/11/2003 22:58 GMT
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