KBW Announces Change to KBW Capital Markets Index (KSXSM)

  KBW Announces Change to KBW Capital Markets Index (KSXSM)

Business Wire

NEW YORK -- February 13, 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 Tuesday, February 19, 2013,
Stifel Financial Corp. (NYSE: SF), a member of the KBW Capital Markets Index
(KSX^SM), will undergo an increase in shares due to the completion of its
previously announced acquisition of Keefe, Bruyette & Woods, Inc. (NYSE: KBW).

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. and Europe through its broker dealer
subsidiaries, Keefe, Bruyette & Woods, Inc. and Keefe, Bruyette & Woods
Limited. 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
Press spacebar to pause and continue. Press esc to stop.