Standard & Poor's Announces Changes in the S&P/TSX Venture Composite Index

• Press Release
• Source: Standard & Poor's Canadian Index Operations
• On 5:17 pm EDT, Wednesday September 23, 2009

TORONTO, Sept. 23 /CNW/ - Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Wednesday, September 23, 2009:

	    -   The shares of Challenger Energy Corp. (TSXV:CHQ) will be removed from
	        the index. The shares of the company have been acquired by
	        Canadian Superior Energy Inc. (TSX:SNG) pursuant to an Arrangement
	        Agreement. Shareholders of the company will receive 0.51 shares of
	        SNG for each common share held.
	    

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 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. Over $1 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 Global 1200, a composite index comprised of seven regional and country headline indices, the S&P Global BMI, an index with approximately 11,000 constituents and the S&P GSCI, the industry's most closely-watched commodities index. For more information, please visit www.standardandpoors.com/indices.

About Standard & Poor's

Standard & Poor's, a subsidiary of The McGraw-Hill Companies (NYSE: MHP - News), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With offices 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 nearly 150 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit: www.standardandpoors.com.

For further information

Tony North, (416) 507-3204, sp_index@standardandpoors.com
Dave Guarino, (212) 438-1471, Dave_guarino@standardandpoors.com

Buzz up!