NEW YORK, Jan. 21, 2015 /PRNewswire/ -- S&P MidCap 400 constituent Endo International plc (NASD: ENDP) will replace Covidien plc (NYSE: COV) in the S&P 500, S&P SmallCap 600 constituent The Boston Beer Company Inc. (NYSE: SAM) will replace Endo International in the S&P MidCap 400, and Southside Bancshares Inc. (NASD: SBSI) will replace The Boston Beer Company in the S&P SmallCap 600 after the close of trading on Monday, January 26. S&P 100 & 500 constituent Medtronic Inc. (NYSE: MDT) is acquiring Covidien in a deal expected to be completed on or about that date pending final approvals.

Endo International develops, manufactures, markets, and distributes branded pharmaceutical, generic pharmaceutical, over the counter medications and medical device products. Headquartered in Dublin, Ireland the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Pharmaceuticals Sub-Industry index.

The Boston Beer Company produces and sells alcohol beverages. Headquartered in Boston, MA, the company will be added to the S&P MidCap 400 GICS Brewers Sub-Industry index.

Southside Bancshares provides financial products and services. Headquartered in Tyler, TX, the company will be added to the S&P SmallCap 600 GICS Regional Banks Sub-Industry index.

Following is a summary of the changes:



                           S&P 500 INDEX - January 26, 2015
                           --------------------------------

                   COMPANY                  GICS ECONOMIC SECTOR   GICS SUB-INDUSTRY
                   -------                  --------------------   -----------------

      ADDED  Endo International                  Health Care        Pharmaceuticals
      -----  ------------------                  -----------        ---------------

     DELETED      Covidien                       Health Care     Health Care Equipment
     -------      --------                       -----------     ---------------------




                          S&P MIDCAP 400 INDEX - January 26, 2015
                          ---------------------------------------

                     COMPANY                  GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
                     -------                  -------------------- -----------------

      ADDED  The Boston Beer Company            Consumer Staples        Brewers
      -----  -----------------------            ----------------        -------

     DELETED   Endo International                  Health Care      Pharmaceuticals
     -------   ------------------                  -----------      ---------------




                    S&P SMALLCAP 600 INDEX - January 26, 2015
                    -----------------------------------------

                      COMPANY                   GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
                      -------                   -------------------- -----------------

      ADDED     Southside Bancshares                 Financials        Regional Banks
      -----     --------------------                 ----------        --------------

     DELETED The Boston Beer   Company            Consumer Staples        Brewers
     ------- -------------------------            ----------------        -------

Additions to and deletions from S&P Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.

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