Affiliated Managers Group Set to Join S&P 500; LaSalle Hotel Properties, Rayonier Advanced Materials, TimkenSteel, Belden to Join the S&P MidCap 400; Others to Join S&P SmallCap 600

NEW YORK, June 24, 2014

• S&P MidCap 400 constituent Affiliated Managers Group Inc. (NYSE: AMG) will replace Forest Laboratories Inc. (NYSE: FRX) in the S&P 500, S&P SmallCap 600 constituent LaSalle Hotel Properties (NYSE: LHO) will replace Affiliated Managers Group in the S&P MidCap 400, and Sagent Pharmaceuticals Inc. (NASD: SGNT) will replace LaSalle Hotel Properties in the S&P SmallCap 600 after the close of trading on Monday, June 30. S&P 500 constituent Actavis plc (NYSE: ACT) is acquiring Forest Laboratories in a transaction expected to be completed after the close of trading on that date.
  
• Rayonier Advanced Materials Inc. (NYSE: RYAMwi) will replace Intrepid Potash Inc. (NYSE: IPI) in the S&P MidCap 400, and Intrepid Potash will replace JAKKS Pacific Inc. (NASD: JAKK) in the S&P SmallCap 600 after the close of trading on Friday, June 27. S&P MidCap 400 constituent Rayonier Inc. (NYSE: RYN) is spinning off Rayonier Advanced Materials to shareholders in a transaction expected to be effective after the close of trading on that date. Rayonier will remain in the S&P MidCap 400 after the spin-off. Intrepid Potash is ranked near the bottom of the S&P MidCap 400 and is more appropriate for the S&P SmallCap 600. JAKKS Pacific is ranked near the bottom of the S&P SmallCap 600 and is no longer representative of that index.
  
• TimkenSteel Corp. (NYSE: TMSTwi) will replace Greenhill & Co. (NYSE: GHL) in the S&P MidCap 400, and Greenhill will replace Spartan Motors Inc. (NASD: SPAR) in the S&P SmallCap 600 after the close of trading on Monday, June 30. S&P MidCap 400 constituent Timken Co. (NYSE: TKR) is spinning off TimkenSteel to shareholders in a transaction expected to be effective after the close of trading on that date. Timken will remain in the S&P MidCap 400 after the spin-off. Greenhill is ranked near the bottom of the S&P MidCap 400 and is more appropriate for the S&P SmallCap 600. Spartan Motors is ranked near the bottom of the S&P SmallCap 600 and is no longer representative of that index.
  
• S&P SmallCap 600 constituent Belden Inc. (NYSE: BDC) will replace Fidelity National Financial Inc. (NYSE: FNF) in the S&P MidCap 400, and Synergy Resources Corp. (AMEX: SYRG) will replace Belden in the S&P SmallCap 600 after the close of trading on Monday, June 30. Effective on that date, Fidelity National is reclassifying its common stock into two tracking stocks. Per S&P U.S. Indices methodology, tracking stocks are not eligible for inclusion in S&P U.S. Indices.
  
• Veritiv Corp. (NYSE: VRTVwi) will replace Higher One Holdings Inc. (NYSE: ONE) in the S&P SmallCap 600 after the close of trading on Tuesday, July 1. S&P 500 constituent International Paper Corp. (NYSE: IP) is spinning off its distribution solutions business, and the newly spun company will then merge with privately held UWW Holdings Inc. to create Veritiv Corp. The transaction is expected to be effective after the close of trading on July 1. International Paper will remain in the S&P 500 after the spin-off. Higher One Holdings is ranked near the bottom of the S&P SmallCap 600 and is no longer representative of that index.
  

Affiliated Managers Group operates as an asset management company. Headquartered in Prides Crossing, MA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Asset Management & Custody Banks Sub-Industry index.

LaSalle Hotel Properties, a real estate investment trust (REIT), engages in the purchase, ownership, redevelopment, and leasing of hotels. Headquartered in Bethesda, MD, the company will be added to the S&P MidCap 400 GICS Hotel & Resorts REITs Sub-Industry index.

Sagent Pharmaceuticals develops, sources, manufactures, and markets pharmaceutical products. Headquartered in Schaumburg, IL, the company will be added to the S&P SmallCap 600 GICS Pharmaceuticals Sub-Industry index.

Rayonier Advanced Materials is a producer of high-purity cellulose. Headquartered in Jacksonville, FL, the company will be added to the S&P MidCap 400 GICS Specialty Chemicals Sub-Industry index.

Intrepid Potash produces and markets muriate of potash and langbeinite. Headquartered in Denver, CO, the company will be added to the S&P SmallCap 600 GICS Fertilizers & Agricultural Chemicals Sub-Industry index.

TimkenSteel manufactures and sells alloy steel, and carbon and micro-alloy steel products. Headquartered in Canton, OH, the company will be added to the S&P MidCap 400 GICS Steel Sub-Industry index.