Garmin Set to Join the S&P 500; R.R. Donnelly & Sons to Join S&P MidCap 400

 Garmin Set to Join the S&P 500; R.R. Donnelly & Sons to Join S&P MidCap 400

PR Newswire

NEW YORK, Dec. 5, 2012

NEW YORK, Dec. 5, 2012 /PRNewswire/ --S&P 500 constituent R.R. Donnelley &
Sons Co. (NASD: RRD) will replace Medicis Pharmaceutical Corp. (NYSE: MRX) in
the S&P MidCap 400, and Garmin Ltd. (NASD: GRMN) will replace R.R. Donnelley
in the S&P 500 after the close of trading on Tuesday, December 11. Valeant
Pharmaceuticals International Inc. (NYSE: VRX) is acquiring Medicis in a deal
expected to be completed on or about that date pending final approvals. R.R.
Donnelley's market cap is more representative of the mid-cap market space.

Garmin designs, develops, manufactures, and markets global positioning system
enabled products and other navigation, communication, and information
products. Headquartered in Switzerland, the company will be added to the S&P
500 GICS (Global Industry Classification Standard) Consumer Electronics
Sub-Industry index.

R.R. Donnelley & Sons provides integrated communication solutions to private
and public sectors. Headquartered in Chicago, IL, the company will be added to
the S&P MidCap 400 GICS Commercial Printing Sub-Industry index.

Following is a summary of the change:

S&P 500 INDEX – December 11, 2012
        COMPANY               GICS ECONOMIC SECTOR   GICS SUB-INDUSTRY
ADDED   Garmin Ltd.           Consumer Discretionary Consumer Electronics
DELETED R.R. Donnelley & Sons Industrials            Commercial Printing



S&P MIDCAP 400 INDEX – December 11, 2012
        COMPANY                GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED   R.R. Donnelly & Sons   Industrials          Commercial Printing
DELETED Medicis Pharmaceutical Health Care          Pharmaceuticals



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