Standard & Poor's Announces Changes in the S&P/TSX Canadian Indices

About this update from North West Company Inc.

TORONTO, Dec. 9, 2011 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes as a result of the Quarterly S&P/TSX Composite Index Review.  These changes will be effective at the open on Monday, December 19, 2011: S&P/TSX COMPOSITE INDEX ADDITIONS Issue Name Symbol   60/Completi on   Live C omposite GICS   Sector Index Algonquin Power & Utilities Corp.  AQN Completion Utilities Fortuna Silver Mines Inc. FVI Completion Materials Parkland Fuel Corporation PKI Completion   DELETIONS Issue Name Symbo l   60/Co mpletion   Live Comp osite GICS Sector Index Air Canada AC.B Completion Industrials GMP Capital Inc. GMP Completion Financials Ivanhoe Energy Inc.  IE Completion Energy Yellow Media Inc. YLO Completion Consumer Discretionary  Note: Provident Energy Ltd. (TSX:PVE) will be removed from the S&P/TSX Capped Energy Index following a GICS change of the company effective December 1, 2011. Changes to the S&P/TSX Composite Index will also affect the S&P/TSX Capped Composite Index.  Stocks added to or removed from the S&P/TSX Composite Index will also be added to or removed from the appropriate Global Industry Classification Standard (GICS) sector index. S&P/TSX GLOBAL GOLD INDEX - DECEMBER 2011 - QUARTERLY REVIEW ADDITIONS                   Issue Name           Sym bol     Exc hange Compania de Minas Buenaventura           BVN     NYSE Teranga Gold Corporation           TGZ     TSX S&P/TSX GLOBAL MINING INDEX - DECEMBER 2011 - QUARTERLY REVIEW ADDITIONS               Issue Name       Symb ol     Exchan ge Alexco Resource Corporation       AXU     AMEX Coalspur Mines Limited       CPT     TSX Nevada Copper Corp.       NCU     TSX Paramount Gold and Silver Corp.       PZG     AMEX Teranga Gold Corporation       TGZ     TSX DELETIONS               Issue Name       Sym bol     Exch ange Aura Minerals Inc.       ORA     TSX Golden Minerals Company       AUM     TSX Penn Virginia Resource Partners LP       PVR     NYSE USEC Inc.       USU     NYSE Western Copper and Gold Corp.       WRN     TSX S&P/TSX GLOBAL BASE METALS INDEX - DECEMBER 2011 - QUARTERLY REVIEW ADDITIONS                     Issue Name             Symbol     Exchange Nevada Copper Corp.             NCU     TSX DELETIONS                     Issue Name             Symbol     Exchange Aura Minerals Inc.             ORA     TSX Western Copper and Gold Corp.             WRN     TSX S&P/TSX COMPOSITE DIVIDEND INDEX - DECEMBER 2011 - QUARTERLY REVIEW ADDITIONS Issue Name Symbo l   Algonquin Power & Utilities Corp.  AQN Parkland Fuel Corporation PKI SEMAFO Inc. SMF DELETIONS Issue Name Sym bol GMP Capital Inc. GMP Yellow Media Inc. YLO S&P/TSX EQUITY INCOME INDEX - DECEMBER 2011 - QUARTERLY REVIEW ADDITIONS Issue Name Sym bol   Algonquin Power & Utilities Corp.  AQN Bank of Nova Scotia BNS Manulife Financial Corporation MFC National Bank of Canada NA Parkland Fuel Corporation PKI Transcontinental Inc. TCL.A DELETIONS Issue Name Sym bol   GMP Capital Inc. GMP Canadian REIT REF.UN Telus Corporation   T Yellow Media Inc. YLO S&P/TSX MEGACAP INDEX - DECEMBER 2011 - QUARTERLY REVIEW ADDITIONS Issue Name Symbo l   Kinross Gold Corporation   K DELETIONS Issue Name Sym bol   Research in Motion Limited   RIM S&P/TSX CANADIAN DIVIDEND ARISTOCRATS INDEX - DECEMBER 2011 - ANNUAL REVIEW ADDITIONS             Issue Name           Symbol Ag Growth International Inc.           AFN Atlantic Power Corporation           ATP Bank of Nova Scotia           BNS Barrick Gold Corporation           ABX Canadian Tire Corporation Limited           CTC.A Canadian Western Bank           CWB Cineplex Inc.           CGX Computer Modelling Group Ltd.           CMG Constellation Software Inc.           CSU Dorel Industries Inc.           DII.B Emera Incorporated           EMA Exchange Income Corp.           EIF Fairfax Financial Holdings Ltd.           FFH IGM Financial Inc.           IGM Jean Coutu Group (PJC) Inc.           PJC.A Methanex Corporation           MX Northern Property REIT           NPR.UN Reitman's (Canada) Ltd.           RET.A Ritchie Bros. Auctioneers Incorporated           RBA Suncor Energy Inc.           SU Toronto-Dominion Bank           TD DELETIONS             Issue Name           Sym bol North West Company Inc.           NWC Toromont Industries Ltd.           TIH 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 S&P Indices S&P Indices, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.25 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/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry's most closely watched commodities index, and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit www.standardandpoors.com/indices. Tony North Standard & Poor's Director, Canadian Index Services (416) 507-3204 [email protected] David R. Guarino Standard & Poor's Communications (212) 438-1471 [email protected]

View stock analysis, news, and events for North West Company Inc.