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:
KGX^SM, ETF Ticker: KBWX^SM).

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.

Contact:

Press:
Intermarket Communications
Mike Gelormino, 212-909-4780