S&P Indices Announces Change to U.S. Index
PR Newswire
NEW YORK

NEW YORK, March 7, 2012 /PRNewswire/ -- Crown Castle International Corp. (NYSE: CCI) will replace Constellation Energy Group, Inc. (NYSE: CEG) in the S&P 500 index after the close of trading on a date to be announced. S&P 100 & 500 constituent Exelon Corp. (NYSE: EXC) is acquiring Constellation Energy Group in a deal expected to be completed soon pending final approvals.

Crown Castle International owns, operates, and leases shared wireless infrastructure. Headquartered in Houston, TX, the company will be added to the S&P 500 GICS Wireless Telecommunication Services Sub-Industry index.

Following is a summary of the change:

S&P 500  INDEX  – TBA

 

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Crown Castle
International

Telecommunication Services

Wireless Telecommunication
Services

DELETED

Constellation
Energy Group

Utilities

Independent Power
Producers and Energy
Traders

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.

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For more information:
Dave Guarino
Communications
S&P Indices
dave_guarino@standardandpoors.com
212-438-1471

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Indices
david_blitzer@standardandpoors.com
212-438-3907

SOURCE S&P Indices