News Release

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

July 8, 2008

TORONTO, July 8 /CNW/ - Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Tuesday, July 8, 2008:

- The shares of Quinto Mining Corporation (TSXVN:QU) will be removed from the index. The company will be delisted from the TSX Venture Exchange following the acquisition of its shares by Consolidated Thompson Iron Mines Ltd.

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.

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 7,500 employees, including wholly owned affiliates, located 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, McGraw-Hill Education and J.D. Power and Associates. The Corporation has more than 240 offices in 36 countries. Sales in 2005 were $6.0 billion. Additional information is available at http://www.mcgraw-hill.com.

For further information: Tony North, (416) 507-3200, sp_index@standardandpoors.com; Dave Guarino, (212) 438-1471, dave_guarino@standardandpoors.com