Town & Country Being Replaced in S&P Indices

The Town and Country Trust, Baltimore, will be replaced in the S&P REIT Composite Index and the S&P SmallCap 600 Index after the close of trading March 31 because it is being acquired by a joint venture, Standard & Poor's has announced.S&P said the real estate investment trust is being acquired by an investment vehicle formed by affiliates of Morgan Stanley Real Estate, Onex Real Estate, and Sawyer Realty Holdings LLC. Replacing Town and Country in the REIT index will be Potlatch Corp., a Spokane, Wash.-based producer of logs and wood products, which will become a constituent of the REIT index's specialty property category. First Commonwealth Financial Corp., a state-chartered bank based in Indiana, Pa., will replace Town & Country in the SmallCap 600. S&P can be found online at http://www.standardandpoors.com.