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U.S. Market Cap Guidelines Updated and Several Constituent Changes Announced for the S&P SmallCap 600



 U.S. Market Cap Guidelines Updated and Several Constituent Changes Announced
                           for the S&P SmallCap 600

PR Newswire

NEW YORK, June 19, 2013

NEW YORK, June 19, 2013 /PRNewswire/ -- S&P Dow Jones Indices is updating the
market cap guidelines for its U.S. indices. Effective today, the new
guidelines are:

  o S&P 500-- $4.6 billion or greater (previous range was $ 4.0 billion or
    greater)
  o S&P MidCap 400-- $1.2 billion to $5.1 billion (previous range was $1.0
    billion to $4.4 billion)
  o S&P SmallCap 600-- $350 million to $1.6 billion (previous range was $300
    million to $1.4 billion)

"Given the market's advance since the recession low in March 2009, and
especially over the last two years, the new cap ranges provide a better
division among the three leading US equity benchmarks: the S&P 500, S&P MidCap
400 and S&P Small Cap 600," says David M. Blitzer, Managing Director and
Chairman of the Index Committee at S&P Dow Jones Indices. "As always, the
Index Committee will continue to monitor these ranges and developments within
the indices." The guidelines refer to a company's total market capitalization,
not its float-adjusted market cap.

S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600:

  o CalAmp Corp. (NASD: CAMP) will replace Palomar Medical Technologies Inc.
    (NASD: PMTI) after the close of trading on Monday, June 24. S&P SmallCap
    600 constituent Cynosure Inc. (NASD: CYNO) is acquiring Palomar Medical
    Technologies in a deal expected to be completed on or about that date
    pending final approvals.
  o Associated Estates Realty Corp. (NYSE: AEC) will replace Websense Inc.
    (NASD: WBSN) after the close of trading on Tuesday, June 25. Private
    equity firm Vista Equity Partners is acquiring Websense in a deal expected
    to be completed soon pending final approvals.
  o WageWorks Inc. (NYSE: WAGE) will replace National Financial Partners Corp.
    (NYSE: NFP) after the close of trading on Tuesday, June 25. Private equity
    firm Madison Dearborn Partners is acquiring National Financial Partners in
    a deal expected to be completed on or about that date pending final
    approvals.

CalAmp Corp. develops and markets wireless communications solutions.
Headquartered in Oxnard, CA, the company will be added to the S&P SmallCap 600
GICS (Global Industry Classification Standard) Communications Equipment
Sub-Industry index.

Associated Estates Realty is a residential Real Estate Investment Trust
(REIT). Headquartered in
Richmond Heights, OH, the company will be added to the S&P SmallCap 600 GICS
Residential REITs Sub-Industry index.

WageWorks operates as an on-demand provider of tax-advantaged programs for
consumer-directed health, and commuter and other employee spending account
benefits. Headquartered in San Mateo,

CA, the company will be added to the S&P SmallCap 600 GICS Human Resources &
Employment Services Sub-Industry index.

Following is a summary of the changes:

S&P SMALLCAP 600 INDEX – June 24, 2013
        COMPANY            GICS ECONOMIC SECTOR   GICS SUB-INDUSTRY
ADDED   CalAmp             Information Technology Communications Equipment
DELETED Palomar Medical    Health Care            Health Care Equipment
        Technologies
S&P SMALLCAP 600 INDEX – June 25, 2013
        COMPANY            GICS ECONOMIC SECTOR   GICS SUB-INDUSTRY
ADDED   Associated Estates Financials             Residential REITs
        Realty
        WageWorks          Industrials            Human Resources &
                                                  Employment Services
DELETED Websense           Information Technology Systems Software
        National Financial Financials             Insurance Brokers
        Partners

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 www.spdji.com.

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")

For more information:

Dave Guarino
Communications
S&P Dow Jones Indices
dave.guarino@spdji.com
212-438-1471

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
david.blitzer@spdji.com
212-438-3907

SOURCE S&P Dow Jones Indices

Website: http://www.spdji.com
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