AbbVie Set to Join S&P 100 & 500; Federated Investors Set to Join S&P MidCap 400; ITT Educational Services & Procera Networks to Join S&P SmallCap 600

Thu Dec 20, 2012 6:08pm EST

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NEW YORK,  Dec. 20, 2012  /PRNewswire/ -- S&P Dow Jones Indices will make the
following changes to the S&P 100, 500, MidCap 400 and SmallCap 600 indices after
the close of trading on  Monday, December 31:

* AbbVie Inc. (NYSE:ABBVwi) will replace Dell Inc. (NASD:DELL) in the S&P 100,
and Federated Investors Inc. (NYSE:FII) in the S&P 500. Federated will replace
ITT Educational Services Inc. (NYSE:ESI) in the S&P MidCap 400, and ITT
Educational Services will replace NCI Inc. (NASD:NCIT) in the S&P SmallCap 600.
S&P 100 and 500 constituent Abbott Laboratories (NYSE:ABT) is spinning off
AbbVie in a transaction expected to be completed after the close of trading on 
December 31. The Abbott Laboratories stub will remain in the S&P 100 and 500.
Dell has a market capitalization below  $18.5 billion  and is no longer
representative of the mega-cap market space.  Federated Investors' market
capitalization is below  $2.2 billion, making it more representative of the
mid-cap market space, and ITT Educational Services' market capitalization is
below  $450 million  making it more representative of the small-cap market
space. NCI Corp.is ranked #600 in the S&P SmallCap 600.  
* Procera Networks, Inc. (NASD:PKT) will replace Presidential Life Corp.
(NASD:PLFE) in the S&P SmallCap 600. Athene Holding Ltd. is acquiring
Presidential Life in a deal expected to be completed soon pending final
approvals.

AbbVie engages in the discovery, development, manufacture, and sale of
pharmaceuticals and biologics. Headquartered in  North Chicago, IL, the company
will be added to the S&P 500 GICS (Global Industry Classification Standard)
Pharmaceuticals Sub-Industry index.

Federated Investors is an asset management company. Headquartered in 
Pittsburgh, PA, the company will be added to the S&P MidCap 400 GICS Asset
Management & Custody Banks Sub-Industry index.

ITT Educational Services provides postsecondary degree programs. Headquartered
in  Carmel, IN, the company will be added to the S&P SmallCap 600 GICS Education
Services Sub-Industry index.

Procera Networks provides intelligent policy enforcement solutions that enable
mobile and broadband network operators and entities to manage private networks.
Headquartered in  Fremont, CA, the company will be added to the S&P SmallCap 600
GICS Communications Equipment Sub-Industry index.

Following is a summary of the changes:

 S&P 100 INDEX - December 31, 2012                               
          COMPANY  GICS ECONOMIC SECTOR    GICS SUB-INDUSTRY  
 ADDED    AbbVie   Health Care             Pharmaceuticals    
 DELETED  Dell     Information Technology  Computer Hardware  


 S&P 500 INDEX - December 31, 2012                                                        
          COMPANY              GICS ECONOMIC SECTOR  GICS SUB-INDUSTRY                 
 ADDED    AbbVie               Health Care           Pharmaceuticals                   
 DELETED  Federated Investors  Financials            Asset Management & Custody Banks  


 S&P MIDCAP 400 INDEX - December 31, 2012                                                        
          COMPANY                   GICS ECONOMIC SECTOR    GICS SUB-INDUSTRY                 
 ADDED    Federated Investors       Financials              Asset Management & Custody Banks  
 DELETED  ITT Educational Services  Consumer Discretionary  Education Services                


 S&P SMALLCAP 600 INDEX - December 31, 2012                                                    
          COMPANY                   GICS ECONOMIC SECTOR    GICS SUB-INDUSTRY               
 ADDED    ITT Educational Services  Consumer Discretionary  Education Services              
          Procera Networks          Information Technology  Communications Equipment        
 DELETED  NCI                       Information Technology  IT Consulting & Other Services  
          Presidential Life         Financials              Life & Health Insurance         


Additions to and deletions from S&P  Dow Jones Indices do not in any way reflect
an opinion on the investment merits of the companies involved.

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For more information:
Dave Guarino
Communications
S&P Dow Jones Indices
dave_guarino@spdji.com
(201) 755-5334

David Blitzer
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S&P Dow Jones Indices
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(917) 376-1204

SOURCE  S&P Dow Jones Indices
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