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Press release from CNW Group

Standard & Poor's Announces Changes in the S&P/TSX Venture Composite and Venture Select Indices

Friday, December 16, 2011

Standard & Poor's Announces Changes in the S&P/TSX Venture Composite and Venture Select Indices17:15 EST Friday, December 16, 2011TORONTO, Dec. 16, 2011 /CNW/ - Standard & Poor's will make the following changes in the S&P/TSX Venture Composite and Select Indices:On December 15, 2011, the shareholders of Silver Quest Resources Ltd. (TSXVN:SQI) approved the Arrangement Agreement whereby the company will be acquired by New Gold Inc. (TSX:NGD). Silver Quest will be removed from the S&P/TSX Venture Composite and Venture Select Indices after the close of Monday, December 19, 2011.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, a part of McGraw-Hill Financial, is the world's leading index provider maintaining a wide variety of investable and benchmark indices. 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.About McGraw-Hill FinancialMcGraw-Hill Financial, a part of The McGraw-Hill Companies (NYSE: MHP), is a leading provider of research and analytical tools for investment advisors, wealth managers and institutional investors. It deploys the latest innovative technology strategies to deliver to customers a portfolio of cross-asset analytics, integrated desktop services, valuation and index benchmarks and investment recommendations in the rapidly growing $16 billion financial information, data and analytics market.###For further information: Tony North (416) 507-3204 sp_index@standardandpoors.com       Dave Guarino 1 212 438 1471 Dave_guarino@standardandpoors.com