EQIX Equinix Inc

NEW YORK, May 21 /PRNewswire/ -- S&P MidCap 400 constituent Western Digital Corp. (NYSE:WDC) will replace Embarq Corp. (NYSE:EQ) in the S&P 500, and Equinix Inc. (NASDAQ:EQIX) will replace Western Digital in the S&P MidCap 400 after the close of trading on a date to be announced. Embarq is being acquired by S&P 500 constituent CenturyTel Inc. (NYSE:CTL) in a deal expected to close soon pending final approvals. Standard & Poor's will monitor these transactions, and post any relevant updates on its website: http://www.standardandpoors.com/. Western Digital designs, develops, manufactures and sells hard drives. Headquartered in Lake Forest, CA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Computer Storage & Peripheral Sub-Industry index. Equinix provides global data center services. Headquartered in Forest City, CA, the company will be added to the S&P MidCap 400 GICS Internet Software & Services Sub-Industry index. Following is a summary of the changes: S&P 500 INDEX - TBA COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Western Information Computer Storage & Peripherals Digital Technology DELETED Embarq Telecommunication Integrated Telecommunication Services Services S&P MIDCAP 400 INDEX - TBA COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Equinix Information Internet Software & Services Technology DELETED Western Information Computer Storage & Peripherals Digital Technology 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. About Standard & Poor's Index Services Standard & Poor's Index Services, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Its family of indices includes the S&P 500, an index with $1.5 trillion invested and $4.85 trillion benchmarked, and the S&P Global 1200, a composite index comprised of seven regional and country headline indices. For more information, please visit http://www.standardandpoors.com/indices. About Standard & Poor's Standard & Poor's, a subsidiary of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With approximately 10,000 employees, including wholly owned affiliates, located in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com/. DATASOURCE: Standard & Poor's CONTACT: David M. Blitzer, Ph.D., Managing Director & Chairman of the Index Committee, +1-212-438-3907 Web Site: http://www.standardandpoors.com/

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