NEW YORK, July 30, 2014 /PRNewswire/ -- S&P Dow Jones Indices announces the treatment of a stock dividend for S&P 500 constituent Discovery Communications Inc. (NASD: DISCA):




    --  Discovery Communications is paying a stock dividend of 1 share of Class
        C (NASD: DISCK) for each outstanding share of Class A (DISCA) and Class
        B (DISCB) and Class C. For index purposes, S&P Dow Jones Indices will
        add the Class C share line to the S&P 500 effective after the close of
        trading on Wednesday, August 6, the distribution date, in order to
        replicate the Class C shares being distributed to Class A shareholders.
        The Class C share line and the Class A share line will both represent
        Discovery Communications in S&P Dow Jones indices.After the effective
        date of this action, the 500 companies in the S&P 500 will be
        represented by 502 trading lines. The other company represented by
        multiple trading lines in the index is Google Inc. (NASD:GOOG & GOOGL).
        S&P Dow Jones Indices announced in a press release dated March 11, 2014,
        that for companies that issue a second publicly traded share class to
        index share class holders, multiple class lines will be considered for
        inclusion if the event is mandatory and the market capitalization of the
        distributed class is not considered to be de minimis.

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For more information:

Dave Guarino
Communications
S&P Dow Jones Indices
dave.guarino@spdji.com
(212) 438-1471

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
david.blitzer@spdji.com
(212) 438-3907

SOURCE S&P Dow Jones Indices