Standard & Poor's Announces Changes to U.S. Index

NEW YORK, May 9 /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P SmallCap 600:

* Central Pacific Financial Corp. will replace Riggs National Corp. (NASD: RIGS) after the close of trading on Friday, May 13. S&P 500 constituent PNC Financial Services Group is acquiring Riggs National in a deal expected to close on or about that date. * World Fuel Services Corp. will replace Patina Oil & Gas Corp. after the close of trading on a date to be announced. Patina Oil & Gas is being acquired by S&P MidCap 400 constituent Noble Energy Inc. in a deal that is still pending final approval.

Standard & Poor's will monitor these transactions, and post any relevant updates on its website: http://www.standardandpoors.com/.

Central Pacific Financial is a full-service commercial bank in Hawaii. Headquartered in Honolulu, HI, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Regional Banks Sub-Industry Index.

World Fuel Services markets marine fuel services to international shipping companies and aviation fuel services to passenger, cargo and charter airlines. Headquartered in Miami, FL, the company will be added to the S&P SmallCap 600 GICS Oil & Gas Refining & Marketing Sub-Industry Index.

Following is a summary of the changes: S&P SMALLCAP 600 INDEX - May 13, 2005 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Central Pacific Fin'l Financials Regional Banks DELETED Riggs National Financials Regional Banks S&P SMALLCAP 600 INDEX - TBA COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED World Fuel Services Energy Oil & Gas Refining & Marketing DELETED Patina Oil & Gas Energy Oil & Gas Exploration & Production

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

Standard & Poor's, a division of The McGraw-Hill Companies , is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research, data and valuations. With 6,000 employees in 21 countries, 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/.

Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, BusinessWeek and McGraw-Hill Education. The Corporation has more than 280 offices in 37 countries. Sales in 2004 were $5.3 billion. Additional information is available at http://www.mcgraw-hill.com/.