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Standard & Poor's Announces Change in S&P Topix Index

9 March 2000

Standard & Poor's Announces Change in S&P Topix Index

    NEW YORK, March 8 The proposed investible weight factor
change for Fuji Heavy Industries on Thursday, March 9 will not occur, due to
the company's postponement of its share issuance to General Motors.
    The S&P TOPIX Index covers the Japanese market.  The S&P TOPIX Index
contains 150 constituents and provides geographic and economic diversity over
10 industry sectors.  The index is calculated real-time by Reuters.
    Standard & Poor's, a division of The McGraw-Hill Companies, Inc., provides
financial, economic and investment information and analytical services to the
global financial community.  S&P calculates and maintains the S&P Global
Index, which includes the S&P Euro and Euro Plus for Continental Europe, the
S&P/TSE 60 for Canada, the S&P 500 for the U.S., the S&P/TOPIX for Japan, the
S&P Asia Pacific 100, the S&P United Kingdom 150 and the S&P Latin America 40.
S&P also publishes the S&P MidCap 400, S&P SmallCap 600, S&P SuperComposite
1500 and S&P REIT Composite for the U.S. and the S&P/TSE Canadian MidCap and
S&P/TSE Canadian SmallCap Indices.  Over $1 trillion is indexed to S&P
indices.
    Founded in 1888, The McGraw-Hill Companies is a leading information
services provider meeting worldwide needs in education, business, finance, the
professions and government.  The corporation employs 16,500 people located in
more than 400 offices in 32 countries.  Sales in 1999 were $4.0 billion.
    Company additions to and deletions from an S&P equity index do not in any
way reflect an opinion on the investment merits of the company.