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Press release from CNW Group

Standard & Poor's Announces Changes in the S&P/TSX Canadian Indices

Friday, May 13, 2011

Standard & Poor's Announces Changes in the S&P/TSX Canadian Indices17:15 EDT Friday, May 13, 2011TORONTO, May 13 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes:The shareholders of Plutonic Power Corp. (TSX:PCC) have agreed to the merger with Magma Energy Corp. (TSX:MXY) to form Alterra Power Corp. (TSX:AXY). Plutonic Power shareholders will receive 2.38 shares of the new Alterra Power for each share held. Plutonic Power will be removed from the S&P/TSX Clean Technology Index after the close of Tuesday, May 17, 2011. Following the merger with Plutonic Power, the relative weight of Alterra Power Corp. will increase in the S&P/TSX Clean Technology, SmallCap and Equity SmallCap Indices to reflect the issuance of shares as part of the transaction effective at the same date.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.About S&P IndicesS&P Indices, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.25 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry's most closely watched commodities index, and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit www.standardandpoors.com/indices.For further information: Tony North Standard & Poor's Director, Canadian Index Services (416) 507-3204 tony_north@standardandpoors.com David R. Guarino Standard & Poor's Communications (212) 438-1471 dave_guarino@standardandpoors.com