Hibbett Sporting Goods Inc. Added to S&P SmallCap 600 Index

Apr 22, 2004, 01:00 ET from Standard & Poor's

    NEW YORK, April 22 /PRNewswire/ -- Hibbett Sporting Goods Inc.
 (Nasdaq:   HIBB) will replace Butler Manufacturing Co. (NYSE:   BBR) in the S&P
 SmallCap 600 Index after the close of trading on Tuesday, April 27, 2004.
 Butler Manufacturing is being acquired by S&P Global 1200 constituent
 BlueScope Steel Ltd. in a transaction anticipated to close on or about that
 date.  The deal is still pending shareholder approval.  Standard & Poor's will
 monitor this transaction, and post any relevant updates on its website:
    Hibbett Sporting Goods operates full-line athletic sporting goods stores in
 small- to mid-sized markets, predominantly in the southeast.  The company,
 headquartered in Birmingham, AL, will be added to the S&P SmallCap 600 GICS
 (Global Industry Classification Standard) Specialty Stores Sub-Industry Index.
     Following is a summary of the change:
                         S&P SMALLCAP 600 INDEX - April 27, 2004
      ADDED   Hibbett Sporting Goods  Consumer Discretionary   Specialty Stores
      DELETED Butler Manufacturing        Industrials           Construction &
     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.
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