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To: mike machi who wrote (590)5/25/2000 11:03:00 PM
From: mike machi  Read Replies (1) | Respond to of 57684
 
Standard & Poor's Announces Changes In S&P Indices

NEW YORK, May 25, 2000 (BUSINESS WIRE) -- Standard & Poor's will make the
following changes in the S&P 500 and S&P MidCap 400 Indices:

-- Agilent Technologies (NYSE:A) will replace NACCO Industries
(NYSE:NC) in the S&P 500 Index after the close of trading on
Friday, June 2, 2000. S&P 500 component Hewlett-Packard
(NYSE:HWP) is spinning off its 84% stake in Agilent
Technologies to HWP shareholders in a transaction scheduled
for that date. NACCO Industries is being removed for lack of
representation.

-- S&P MidCap 400 component Sanmina Corp. (NASDAQ:SANM) will
replace Warner-Lambert (NYSE:WLA) in the S&P 500 Index on a
date to be announced. S&P 500 component Pfizer Inc. (NYSE:PFE)
is acquiring Warner-Lambert. The transaction is still subject
to U.S. Federal Trade Commission approval. Quest Diagnostics
(NYSE:DGX) will replace Sanmina Corp. in the S&P MidCap 400
Index.

Agilent Technologies is a global leader in designing and manufacturing test,
measurement and monitoring instruments, systems and solutions, and semiconductor
and optical components. The company, headquartered in Palo Alto, CA, will be
added to the S&P 500 Electronics (Instrumentation) industry group.

Sanmina Corp. is a leading electronics contract manufacturing services company
providing a full spectrum of integrated, value-added electronic manufacturing
services. The company, headquartered in San Jose, CA, will be added to the S&P
500 Electrical Equipment industry group.

Quest Diagnostics is a leading provider of diagnostic testing, information and
services to physicians, hospitals, managed care organizations, employers, and
government agencies. The company, headquartered in Teterboro, NJ, will be added
to the S&P MidCap 400 Health Care (Specialized Services) industry group.