NEW YORK, June 4 /PRNewswire/ -- S&P MidCap 400 constituent Quanta Services Inc. (NYSE:PWR) will replace Ingersoll-Rand Company Ltd. (NYSE:IR) in the S&P 500, S&P SmallCap 600 constituent Valmont Industries Inc. (NYSE: VMI) will replace Quanta Services in the S&P MidCap 400, and TeleTech Holdings Inc. (NASDAQ:TTEC) will replace Valmont Industries in the S&P SmallCap 600 after the close of trading on a date to be announced. Ingersoll-Rand is in the process of redomesticating to Ireland, rendering it ineligible for continued inclusion in the S&P 500 index. Standard & Poor's will monitor this transaction, and post any relevant updates on its website: http://www.standardandpoors.com/. Quanta Services is a provider of specialty contracting services. Headquartered in Houston, TX, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Construction & Engineering Sub-Industry index. Valmont Industries designs and manufactures poles, towers and structures for lighting and traffic, wireless communication and utility markets, is a provider of protective coating services, and manufactures mechanized irrigation equipment. Headquartered in Omaha, NE, the company will be added to the S&P MidCap 400 GICS Industrial Machinery Sub-Industry index. TeleTech Holdings is a provider of onshore, offshore and work-from-home business process outsourcing services. Headquartered in Englewood, CO, the company will be added to the S&P SmallCap 600 GICS Data Processing & Outsourced Services Sub-Industry index. Following is a summary of the changes: S&P 500 INDEX - TBA COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Quanta Industrials Construction & Services Engineering DELETED Ingersoll-Rand Industrials Industrial Machinery S&P MIDCAP 400 INDEX - TBA COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Valmont Industrials Industrial Machinery Industries DELETED Quanta Industrials Construction & Services Engineering S&P SMALLCAP 600 INDEX - TBA COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED TeleTech Information Technology Data Processing & Holdings Outsourced Services DELETED Valmont Industrials Industrial Machinery Industries 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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