NEW YORK, June 1 /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices: -- S&P SmallCap 600 constituent Carpenter Technology Corp. (NYSE:CRS) will replace OSI Restaurant Partners, Inc. (NYSE:OSI) in the S&P MidCap 400, and Alabama National Bancorporation (NASD: ALAB) will replace Carpenter Technology in the S&P SmallCap 600, after the close of trading on a date to be announced. OSI Restaurant Partners is being acquired by an investor group led by Bain Capital Partners, LLC, Catterton Management Co., and OSI Restaurant founders in a deal still pending final approvals. -- Charlotte Russe Holding Inc. (NASD: CHIC) will replace Keane Inc. (NYSE:KEA) in the S&P SmallCap 600 after the close of trading on Monday, June 4. Keane is being acquired by Caritor, Inc. in a deal expected to close on or about that date, pending final approvals. Standard & Poor's will monitor these transactions, and post any relevant updates on its website: http://www.standardandpoors.com/. Carpenter Technology engages in the manufacture, fabrication, and distribution of specialty metals and engineered products. Headquartered in Reading, PA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Steel Sub-Industry index. Alabama National provides a range of banking and bank-related services to individual and corporate customers in Alabama, Georgia, and Florida. Headquartered in Birmingham, AL, the company will be added to the S&P SmallCap 600 GICS Regional Banks Sub-Industry index. Charlotte Russe engages in the distribution and sale of apparel and accessories primarily for young women in the United States. Headquartered in San Diego, CA, the company will be added to the S&P SmallCap 600 GICS Apparel Retail Sub-Industry index. Following is a summary of the changes: S&P MIDCAP 400 INDEX - To Be Announced COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Carpenter Technology Materials Steel DELETED OSI Restaurant Partners Consumer Discretionary Restaurants S&P SMALLCAP 600 INDEX - To Be Announced COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Alabama National Financials Regional Banks DELETED Carpenter Technology Materials Steel S&P SMALLCAP 600 INDEX - June 4, 2007 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Charlotte Russe Consumer Discretionary Apparel Retail DELETED Keane Information Technology IT Consulting & 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 Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 7,500 employees, including wholly owned affiliates, located in 21 countries, 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/. About The McGraw-Hill Companies: Founded in 1888, The McGraw-Hill Companies (NYSE:MHP) is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2006 were $6.3 billion. Additional information is available at http://www.mcgraw-hill.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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