TORONTO, Oct. 7, 2011 /CNW/ - Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Tuesday, October 11, 2011:

• Alderon Iron Ore Corp. (TSXVN:ADV) will be removed from the index as well as the S&P/TSX Venture Select Index. The company will graduate to trade on TSX under the same ticker symbol.

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.