FDRY Foundry Networks (MM)

NEW YORK, Nov. 6 /PRNewswire/ -- Fulton Financial Corp. (NASDAQ:FULT) will replace Valassis Communications Inc. (NYSE:VCI) in the S&P MidCap 400 after the close of trading on Monday, November 10. As of today's close, Valassis had a market capitalization of approximately $90 million, ranking it 400th in the index. Fulton Financial was previously announced as a replacement for S&P MidCap 400 constituent Foundry Networks Inc. (NASDAQ:FDRY) which is being acquired by Brocade Communications Systems Inc. (NASDAQ:BRCD). That deal is still pending final approvals. A new replacement for Foundry will be announced at a later date. Standard & Poor's will monitor this transaction, and post any relevant updates on its website: http://www.standardandpoors.com/. Fulton Financial Corporation offers retail and commercial banking products and services. Headquartered in Lancaster, PA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Regional Banks Sub-Industry index. Following is a summary of the change: S&P MIDCAP 400 INDEX - November 10, 2008 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Fulton Financial Financials Regional Banks DELETED Valassis Consumer Publishing & Printing Discretionary Additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the companies concerned. About Standard & Poor's Index Services Standard & Poor's Index Services, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Its family of indices includes the S&P 500, an index with $1.5 trillion invested and $4.85 trillion benchmarked, and the S&P Global 1200, a composite index comprised of seven regional and country headline indices. For more information, please visit http://www.standardandpoors.com/indices. About Standard & Poor's Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 8,500 employees, including wholly owned affiliates, located in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com/. DATASOURCE: Standard & Poor's CONTACT: David M. Blitzer, Ph.D., Managing Director & Chairman of the Index Committee of Standard & Poor's, +1-212-438-3907 Web Site: http://www.standardandpoors.com/ http://www.standardandpoors.com/indices

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