NEW YORK, July 16, 2014 /PRNewswire/ -- S&P Dow Jones Indices is updating the market cap guidelines for its U.S. indices. Effective today, the new guidelines are:


    --  S&P 500-- $5.3 billion or greater (previous range was $ 4.6 billion or
        greater)
    --  S&P MidCap 400-- $1.4 billion to $5.9 billion (previous range was $1.2
        billion to $5.1 billion)
    --  S&P SmallCap 600-- $400 million to $1.8 billion (previous range was $350
        million to $1.6 billion)

"Based on our review of the market's progress - the S&P 500 is up 7% since the start of the year and 18% over the last 12 months - the Index Committee has revised the market cap guidelines for the S&P 500, S&P MidCap 400 and S&P SmallCap 600," says David M. Blitzer, Managing Director & Chairman of the Index Committee. "These figures, which refer to total, not float adjusted market value, are reviewed from time to time. The previous change was about a year ago."

S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600:


    --  Education Realty Trust Inc. (NYSE: EDR) will replace Hittite Microwave
        Corp. (NASD: HITT) after the close of trading on Monday, July 21. S&P
        500 constituent Analog Devices Inc. (NASD:ADI) is acquiring Hittite
        Microwave in a deal expected to be completed on or about that date
        pending final conditions.
    --  MedAssets Inc. (NASD:MDAS) will replace OpenTable Inc. (NASD:OPEN) after
        the close of trading on Wednesday, July 23. S&P 500 constituent The
        Priceline Group Inc. (NASD:PCLN) is acquiring OpenTable in a deal
        expected to be completed soon pending final conditions.

Education Realty Trust, a real estate investment trust (REIT), develops, acquires, owns, and manages student housing communities. Headquartered in Memphis, TN, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Residential REITs Sub-Industry index.

MedAssets provides technology-enabled products and services for hospitals, health systems, and other ancillary healthcare providers. Headquartered in Alpharetta, GA, the company will be added to the S&P SmallCap 600 GICS Health Care Technology Sub-Industry index.

Following is a summary of the changes:



                            S&P SMALLCAP 600 INDEX - July 21, 2014
                            --------------------------------------

                     COMPANY              GICS ECONOMIC SECTOR       GICS SUB-INDUSTRY
                     -------              --------------------       -----------------

         ADDED   Education Realty                   Financials                  Residential REITs
                      Trust
    ---               -----

        DELETED Hittite Microwave             Information Technology              Semiconductors
        ------- -----------------             ----------------------              --------------



                S&P SMALLCAP 600 INDEX - July 23, 2014
                --------------------------------------

              COMPANY              GICS ECONOMIC SECTOR       GICS SUB-INDUSTRY
              -------              --------------------       -----------------

      ADDED  MedAssets                       Health Care          Health Care Technology
      -----  ---------                       -----------          ----------------------

     DELETED OpenTable                 Information Technology  Internet Software & Services
     ------- ---------                 ----------------------  ----------------------------

Additions to and deletions from S&P Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.

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 S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average(TM), S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of investors. More assets are invested in products based upon our indices than any other provider in the world. With over 1,000,000 indices covering a wide range of asset classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.

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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


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