American Water Works added to S&P MidCap 400 Index.

NEW YORK--(BUSINESS WIRE)--Dec. 18, 1995--The Equity Services Group of Standard & Poor's will replace West One Bancorp (WEST) in the S&P MidCap 400 Index with American Water Works Company, Inc. (AWK) after the close of trading on Tuesday, December 26, 1995.

U.S. Bancorp (USBC), a component of the S&P 500 Index, is acquiring West One in a pooling-of-interests transaction scheduled to close on that date.

American Water Works, the nation's largest investor-owned water utility, will become the first member of the S&P MidCap 400 Water Utilities industry group. A holding company based in Voorhees, New Jersey, American Water Works owns and operates water companies serving more than six million people in 21 states. It also provides management services for municipal water authorities.

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, S&P SmallCap 600, and the S&P Super Composite 1500 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: S&P

Elliott Shurgin, 212/208-8709

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Albert Neubert, 212/208-8716