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
ADDED   Garmin Ltd.           Consumer Discretionary Consumer Electronics
DELETED R.R. Donnelley & Sons Industrials            Commercial Printing

S&P MIDCAP 400 INDEX – December 11, 2012
ADDED   R.R. Donnelly & Sons   Industrials          Commercial Printing
DELETED Medicis Pharmaceutical Health Care          Pharmaceuticals

Additions to and deletions from S&P Dow Jones Indices do not in any way
reflect an opinion on the investment merits of the companies involved.

About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a subsidiary of The McGraw-Hill Companies is the
world's largest, global resource for index-based concepts, data and research.
Home to iconic financial market indicators, such as the S&P 500^® and the Dow
Jones Industrial Average^SM, S&P Dow Jones Indices LLC has over 115 years of
experience constructing innovative and transparent solutions that fulfill the
needs of institutional and retail investors. More assets are invested in
products based upon our indices than any other provider in the world. With
over 830,000 indices covering a wide range of assets classes across the globe,
S&P Dow Jones Indices LLC defines the way investors measure and trade the
markets. To learn more about our company, please visit

It is not possible to invest directly in an index. S&P Dow Jones Indices LLC,
Dow Jones, and their respective affiliates, parents, subsidiaries, directors,
officers, shareholders, employees and agents (collectively "S&P Dow Jones
Indices") does not sponsor, endorse, sell, or promote any investment fund or
other vehicle that is offered by third parties and that seeks to provide an
investment return based on the returns of any S&P Dow Jones Indices index.
This document does not constitute an offer of services in jurisdictions where
S&P Dow Jones Indices or its affiliates do not have the necessary licenses.
S&P Dow Jones Indices receives compensation in connection with licensing its
indices to third parties.

STANDARD & POOR'S and S&P are registered trademarks of Standard & Poor's
Financial Services LLC. "Dow Jones" is a registered trademark of Dow Jones
Trademark Holdings LLC ("Dow Jones").

SOURCE S&P Dow Jones Indices LLC

Contact: Dave Guarino, Communications, S&P Dow Jones Indices,, +1-201-755-5334; or David Blitzer, Managing Director
and Chairman of the Index Committee, S&P Dow Jones Indices,, +1-917-376-1204
Press spacebar to pause and continue. Press esc to stop.