STATESVILLE, N.C., July 8 Kewaunee ScientificCorporation (Nasdaq: KEQU) today announced it has been added to the RussellMicrocap Index after the Russell Investment Group reconstituted itscomprehensive set of U.S. and global equity indexes on June 27, 2008.
Russell indexes are widely used by investment managers and institutionalinvestors for both index funds and as benchmarks for passive and activeinvestment strategies. The annual reconstitution of the Russell Microcapindex captures the 1,000 smallest U.S. stocks in the Russell 2000, plus thenext 1,000 stocks as of the end of May.
"We are pleased with our inclusion in this index," said William A.Shumaker, President and Chief Executive Officer. "Russell is an industryleader for stock indexes, and we expect our inclusion will generate greaterinterest in our stock among institutional investors."
ABOUT RUSSELL INVESTMENT GROUP
Russell Investment Group aims to improve financial security for people byproviding strategic advice, world-class implementation, state-of-the-artperformance benchmarks, and a range of institutional-quality investmentproducts. With more than $200 billion in assets under management, Russellserves individual, institutional and advisor clients in more than 40countries. Russell's indexes are unmanaged and cannot be invested indirectly. For more information on Russell indexes, go to www.russell.com .
ABOUT KEWAUNEE SCIENTIFIC CORPORATION
Kewaunee Scientific Corporation is a recognized leader in the design,manufacture, and installation of scientific and technical furniture. TheCompany's corporate headquarters and domestic manufacturing facilities arelocated in Statesville, North Carolina. The Company also has subsidiaries inSingapore and Bangalore, India that serve the Asian and Middle East markets.Kewaunee Scientific's website is located at http://www.kewaunee.com .
Certain statements in this release constitute "forward-looking" statementswithin the meaning of the Private Securities Litigation Reform Act of 1995.Such forward-looking statements involve known and unknown risks, uncertaintiesand other factors that could significantly impact results or achievementsexpressed or implied by such forward-looking statements. These factorsinclude, but are not limited to, economic, competitive, governmental, andtechnological factors affecting the Company's operations, markets, products,services, and prices.Contact: D. Michael Parker 704/871-3290
SOURCE Kewaunee Scientific Corporation