NEW YORK, April 23, 2012 /PRNewswire/ -- Phillips 66 (NYSE: PSXwi) will replace SUPERVALU, Inc. (NYSE: SVU) in the S&P 500 index, SUPERVALU will replace American Greetings Corp. (NYSE: AM) in the S&P MidCap 400 index, and American Greetings will replace The Standard Register Co. (NYSE: SR) in the S&P SmallCap 600 index after the close of trading on Monday, April 30. S&P 100 & 500 constituent ConocoPhillips Inc. (NYSE: COP) is spinning off Phillips 66 in a transaction expected to be completed on or about that date, pending final approvals. The ConocoPhillips stub will remain in the S&P 500 index following completion of the transaction. SUPERVALU's market cap is below $1.4 billion, making it more representative of the mid cap market space. American Greeting's market cap is below $600 million, making it more representative of the small cap market space. The Standard Register is ranked # 600 in the SmallCap 600 index.

Phillips 66 engages in the refining, marketing, midstream and chemicals businesses. Headquartered in Houston, TX, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Oil & Gas Refining & Marketing Sub-Industry index.

SUPERVALU operates retail and wholesale food stores.  Headquartered in Eden Prairie, MN, the company will be added to the S&P MidCap 400 GICS Food Retail Sub-Industry index.

American Greetings engages in the design, manufacture, and sale of greeting cards and other social expression products.  Headquartered in Cleveland, OH, the company will be added to the S&P SmallCap 600 GICS Housewares & Specialties Sub-Industry index

Following is a summary of the changes:

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