St. John Knits added to S&P SmallCap 600 index

Business Wire, May 25, 1995

NEW YORK--(BUSINESS WIRE)--May 25, 1995--Standard & Poor's will replace SLM International Inc. (SLMIE) in the S&P SmallCap 600 with St. John Knits Inc. (SJK) after the close of trading on Friday, May 26, 1995.

SLM International is being removed because of its delisting from Nasdaq's National Market list for failure to meet listing requirements.

St. John Knits, a vertically integrated designer, manufacturer, and marketer of women's clothing and accessories, is headquartered in Irvine, Calif.

The Equity Services Group of Standard & Poor's, a division of the Financial Information Services Group of The McGraw-Hill Companies, provides financial, economic, and investment information, as well as analytical services, to the global financial community and commodity trading markets.

The S&P Equity Services Group calculates and maintains the S&P 500, S&P MidCap 400, and S&P SmallCap 600 stock price indexes, which are widely considered key barometers of stock market activity and performance benchmarks for professional money managers. More than $300 billion is currently indexed to the S&P 500. Company additions and company deletions from the S&P equity indexes do not in any way reflect an opinion on the investment merits of the company.

CONTACT: Standard & Poor's, New York

Elliott Shurgin

V.P., Index Products & Services

(212) 208-8709

or

Albert Neubert

Director, Index Products & Services

(212) 208-8716