NEW YORK, Dec. 29 /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P 500 and S&P SmallCap 600 indices: -- Iron Mountain Inc. (NYSE:IRM) will replace UST Inc. (NYSE:UST) in the S&P 500 after the close of trading on a date to be announced. UST is in the process of being acquired by S&P 100 and 500 constituent Altria Group Inc. (NYSE:MO) in a deal that is anticipated to close in the first full week of 2009. -- ALPHARMA Inc. (NYSE:ALO) will be removed from the S&P SmallCap 600 after the close of trading on Tuesday, December 30. The company has been acquired by S&P 500 constituent King Pharmaceuticals Inc. (NYSE: NYSE:KG) in a tender offer that expired today. Franklin Street Properties Corp. (NYSE:FSP) will take the place occupied by ALPHARMA in the S&P SmallCap 600 after the close of trading on Wednesday, December 31. Standard & Poor's will monitor these transactions, and post any relevant updates on its website: http://www.standardandpoors.com/. Iron Mountain provides information protection and storage services. Headquartered in Boston, MA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Diversified Support Services Sub-Industry Index. Franklin Street Properties is a REIT which operates in two business segments: real estate operations and investment banking/investment services. Headquartered in Wakefield, MA, the company will be added to the S&P SmallCap 600 GICS Office REITs Sub-Industry Index. Following is a summary of the changes: S&P 500 INDEX - TBA COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Iron Mountain Industrials Diversified Support Services DELETED UST Consumer Staples Tobacco S&P SMALLCAP 600 INDEX - December 30, 2008 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY DELETED ALPHARMA Health Care Pharmaceuticals S&P SMALLCAP 600 INDEX - December 31, 2008 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Franklin Street Financials Office REITs Properties Additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the companies concerned. About Standard & Poor's Index Services Standard & Poor's Index Services, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Its family of indices includes the S&P 500, an index with $1.5 trillion invested and $4.85 trillion benchmarked, and the S&P Global 1200, a composite index comprised of seven regional and country headline indices. For more information, please visit http://www.standardandpoors.com/indices. About Standard & Poor's Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 8,500 employees, including wholly owned affiliates, located in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com/. DATASOURCE: Standard & Poor's CONTACT: David M. Blitzer, Ph.D., Managing Director & Chairman of the Index Committee, +1-212-438-3907 Web Site: http://www.standardandpoors.com/ http://www.standardandpoors.com/indices

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