Starting at the open of stock market trading, Wednesday, June 13, 2007, the Dow Jones Industrial Average and the 65-stock Composite Average will be calculated with new divisors as a result of the following event:

-         Walt Disney Co. (DIS) is to spin off ABC Radio Holdings, Inc.  Immediately following the spin off, Citadel Broadcasting Corp. (CDL) is to acquire ABC Radio Holdings, Inc.  Walt Disney Co. (DIS) shareholders will be entitled to receive shares of common stock of Citadel Broadcasting Corp. (CDL).

As a result, the divisors for the Dow Jones Industrial Average change to 0.123017848 from 0.123051408 and the Dow Jones Composite Average to 0.762313865 from 0.762414535.