Zoetis Set to Join S&P 500; First Horizon National to Join S&P MidCap 400; QLogic to Join S&P SmallCap 600

  Zoetis Set to Join S&P 500; First Horizon National to Join S&P MidCap 400;
                       QLogic to Join S&P SmallCap 600

PR Newswire

NEW YORK, June 14, 2013

NEW YORK, June 14, 2013 /PRNewswire/ --Zoetis Inc. (NYSE: ZTSwi) will replace
First Horizon National Corp. (NYSE: FHN) in the S&P 500, First Horizon
National will replace QLogic Corp. (NASD: QLGC) in the S&P MidCap 400, and
QLogic will replace Coldwater Creek Inc. (NASD: CWTR) in the S&P SmallCap 600
after the close of trading on Friday, June 21. S&P 100 & 500 constituent
Pfizer Inc. (NYSE: PFE) is splitting off its approximately 80% holdings in
Zoetis in an exchange offer expected to be completed soon, pending final
conditions. First Horizon's total market capitalization is more representative
of the mid cap market space, and QLogic's total market capitalization is more
representative of the small cap market space. Coldwater Creek is ranked #600
in the SmallCap 600.

Zoetis engages in the discovery, development, manufacture, and
commercialization of animal health medicines and vaccines. Headquartered in
Madison, NJ, the company will be added to the S&P 500 GICS (Global Industry
Classification Standard) Pharmaceuticals Sub-Industry index.

First Horizon National operates as a bank, providing various financial
services. Headquartered in Memphis, TN, the company will be added to the S&P
MidCap 400 GICS Regional Banks Sub-Industry index.

QLogic designs and supplies network infrastructure products. Headquartered in
Aliso Viejo, CA, the company will be added to the S&P SmallCap 600 GICS
Computer Storage & Peripherals Sub-Industry index.

Following is a summary of the changes:

S&P 500 INDEX – June 21, 2013
        COMPANY                GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED   Zoetis                 Health Care          Pharmaceuticals
DELETED First Horizon National Financials           Regional Banks



S&P MIDCAP 400 INDEX – June 21, 2013
        COMPANY              GICS ECONOMIC SECTOR   GICS SUB-INDUSTRY
ADDED   First Horizon        Financials             Regional Banks
        National
DELETED QLogic               Information Technology Computer Storage &
                                                    Peripherals



S&P SMALLCAP 600 INDEX – June 21, 2013
        COMPANY         GICS ECONOMIC SECTOR   GICS SUB-INDUSTRY
ADDED   QLogic          Information Technology Computer Storage & Peripherals
DELETED Coldwater Creek Consumer Discretionary Apparel Retail



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