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S&P Indices Announces Change to U.S. Index


News provided by

S&P Indices

May 17, 2012, 05:42 ET

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NEW YORK, May 17, 2012 /PRNewswire/ -- Kinder Morgan, Inc. (NYSE: KMI) will replace El Paso Corp. (NYSE: EP) in the S&P 500 index after the close of trading on Thursday, May 24. Kinder Morgan is acquiring El Paso in a deal expected to be completed on or about that date, pending final conditions.

Kinder Morgan owns and operates energy transportation and storage assets. Headquartered in Houston, TX, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Oil & Gas Storage & Transportation Sub-Industry index.

Following is a summary of the change:

S&P 500  INDEX  – May 24, 2012


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Kinder Morgan

Energy

Oil & Gas Storage & Transportation

DELETED

El Paso

Energy

Oil & Gas Storage & Transportation

About S&P Indices

S&P Indices, a leading brand of the McGraw-Hill Companies (NYSE: MHP), maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.45 trillion is directly indexed to our 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.

It is not possible to invest directly in an index. S&P Indices does not sponsor, endorse, sell, or promote any S&P index-based investment product. This document does not constitute an offer of services in jurisdictions where S&P Indices or its affiliates do not have the necessary licenses. S&P Indices receives compensation in connection with licensing its indices to third parties.

For more information:

Dave Guarino
Communications
S&P Indices
[email protected]
212-438-1471

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Indices
[email protected]
212-438-3908

SOURCE S&P Indices

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