NEW YORK, Feb. 19 /PRNewswire/ — Standard & Poor's, a division of the McGraw-Hill Companies (NYSE:MHP) , announced today that it has purchased all rights previously owned by MacroMarkets LLC in the S&P/Case-Shiller Home Price Indices(R), including the right to license and sublicense the Indices for the development of financial products.

Terms of the transaction were not disclosed.

The S&P/Case-Shiller Home Price Indices, launched in 2006, are constructed to accurately track the price path of typical single-family homes located in 20 metropolitan regions across the U.S. using the repeat sales pricing technique developed by Karl Case and Robert Shiller. The index family consists of 20 regional indices and two composite indices as aggregates of the regions. Additionally, the S&P/Case-Shiller U.S. National Home Price Index represents home prices from all 9 U.S. Census Divisions, drawing from over 100 of the largest metropolitan areas and nearly 500 counties. Over 70% of the nation's housing stock value is reflected in the US National Index. Standard & Poor's also publishes indices designed to track changes in the average price of low-, mid- and high-price U.S. homes.

"Since its launch in mid-2006, the S&P/Case-Shiller Home Price Indices have quickly become the leading measure of residential home prices in the United States," says Alex Matturri, Executive Managing Director at Standard & Poor's Portfolio Services. "This purchase will allow us to work exclusively with our clients, directly addressing their growing real estate index needs."

"We are very excited about this transaction," says Sam Masucci President and CEO of MacroMarkets LLC. "Standard & Poor's is the clear leader in indexing for financial settlement. MacroMarkets will now focus its attention on creating and marketing financial products based on the S&P/Case-Shiller Home Price Indices along with its other core products."

The S&P/Case-Shiller Home Price Indices are produced by Fiserv, Inc ("Fiserv"). In addition to the S&P/Case-Shiller Home Price Indices, Fiserv also offers home price index sets covering all major metropolitan areas, as well as thousands of state, county and zip code markets. In many of these markets, Fiserv also calculates separate Case Shiller(R) price tier indices for low-, mid- and high-priced homes. The indices published by Standard & Poor's represent just a small subset of the broader data available through Fiserv.

For more information about the S&P/Case-Shiller Home Price Indices, please visit: http://www.homeprice.standardandpoors.com/.

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 $1.32 trillion invested and $4.91 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 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/.

* Case Shiller(R) and Case Shiller Indexes(R) are registered trademarks of Fiserv, Inc.

CONTACT:

David Guarino
Communications
Standard & Poor's
212 438 1471
dave_guarino@standardandpoors.com