KBW Announces Change to KBW Regional Banking Index (KRXSM)

  KBW Announces Change to KBW Regional Banking Index (KRXSM)

Business Wire

NEW YORK -- January 11, 2013

Keefe, Bruyette & Woods, Inc., a full-service investment bank that specializes
in the financial services sector, and a wholly owned subsidiary of KBW, Inc.
(NYSE: KBW), announces the following change:

Effective prior to the opening of business on Wednesday, January 16, 2013,
City Holding Co. (NASDAQ: CHCO), a member of the KBW Regional Banking Index
(KRX^SM), will undergo an increase in shares due to the completion of its
previously announced acquisition of Community Financial Corp. (NASDAQ: CFFC).

The KBW indices have ten tradable exchange-traded funds licensed: KBW Bank
Index (Index Ticker: BKX^SM, ETF Ticker: KBWB^SM); KBW Capital Markets Index
(Index Ticker: KSX^SM, ETF Ticker: KBWC^SM); KBW Insurance Index (Index
Ticker: KIX^SM, ETF Ticker: KBWI^SM); KBW Regional Banking Index (Index
Ticker: KRX^SM, ETF Ticker: KBWR^SM, KRS^SM, KRU^SM); KBW Financial Sector
Dividend Yield Index (Index Ticker: KDX^SM, ETF Ticker: KBWD^SM); KBW Premium
Yield Equity REIT Index (Index Ticker: KYX^SM, ETF Ticker: KBWY^SM); KBW
Property and Casualty Insurance Index (Index Ticker: KPX^SM, ETF Ticker:
KBWP^SM); and KBW Global (Ex. U.S.) Financial Sector Index (Index Ticker:

About KBW

KBW, Inc. operates in the U.S., Europe, and Asia through its broker dealer
subsidiaries, Keefe, Bruyette & Woods, Inc. and Keefe, Bruyette & Woods
Limited. Celebrating its 50th anniversary, KBW has established itself as a
leading independent authority in the banking, insurance, brokerage, asset
management, mortgage banking, real estate, and specialty finance sectors.
Founded in 1962, the firm maintains industry-leading positions in the areas of
research, corporate finance, mergers and acquisitions as well as sales and
trading in equities and debt securities of financial services companies.


Intermarket Communications
Mike Gelormino, 212-909-4780
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