Standard & Poor's Announces Changes in the S&P/TSX Canadian Indices

TORONTO, Sept. 17 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes:

    
    -   The shareholders of Red Back Mining Inc. (TSX:RBI) and Kinross Gold
        Corporation (TSX:K) have approved the Plan of Arrangement whereby the
        companies will merge. Shareholders of Red Back Mining will receive
        1.778 common shares of Kinross Gold and 0.11 of a Kinross warrant for
        each common share held. Red Back Mining will be removed from the
        S&P/TSX Composite and Capped Composite, the S&P/TSX Equity and Capped
        Equity, the S&P/TSX Completion and Equity Completion, the S&P/TSX
        Global Gold and Global Mining and the S&P/TSX Capped Materials
        Indices. The relative weight of Kinross Gold will increase in the
        S&P/TSX Composite and Capped Composite, the S&P/TSX Equity and Capped
        Equity, the S&P/TSX 60, 60 Capped and Equity 60, the S&P/TSX Global
        Gold and Global Mining and the S&P/TSX Capped Materials indices.
        There will be no change to Kinross in the S&P/TSX 60 Equal Weight or
        the S&P/TSX 60 130/30 indices. These changes will all be effective
        after the close of trading on Tuesday, September 21, 2010.
    

Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.

About S&P Indices

S&P Indices, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.25 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry's most closely-watched commodities index and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit www.standardandpoors.com/indices.

About Standard & Poor's

Standard & Poor's, a subsidiary of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With offices 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 nearly 150 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit: www.standardandpoors.com.

For further information: Tony North, [phone], [email protected]; Dave Guarino, 1 212 438 1471, [email protected]