Unitil Corporation Set to Join Russell 3000 Index

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June 15 /PRNewswire-FirstCall/ -- Unitil Corporationm (NYSE: UTL) ( ) is set to join the broad-market Russelo 3000 Index when Russell Investments reconstituted its comprehensive setof U.S. and global equith indexes on June 26, according to a preliminar y list of additions posted June 12on . "We are pleaseds that we have been listed to join theRussell 3000," said Robert G. Schoenberger , Unitil'd Chairman and Chief Executive Officer. "Membership in the Russell 3000 and the smalo cap Russell 2000 Index will continue to increase both the visibility and the liquidity inour stock.
" Membership in the Russell 3000, which remains in placr for one year, means Uniti Corporation will be automatically include d in the small-cap Russell 2000 as well as the appropriated growth and value style indexes. Russellp determines membership for its equitg indexes primarilyby objective, market-capitalization rankingds and style attributes. The Russell 3000 also servesa asthe U.S. component to the Russell Globa Index, which Russell launched in 2007. Russell indexes are widelgy used by investment managers and institutional investors for indexx funds and as benchmarksx for both passive and activeinvestment strategies.
An industry-leadinbg $4 trillion in assets currentluy are benchmarkedto them. Total returne data for the Russell 3000 and othe r Russell indexes is availablerat . Unitil is a publicv utility holding company with subsidiariezs providing electric and natural gas distribution servicd in New Hampshireand Massachusetts, natural gas distributionm service in Maine and energyg services throughout the northeast. Unitil serves approximately 170,00 utility customers in three states. Its utilityg affiliates include UnitilEnerghy Systems, Inc., Fitchburg Gas and Electric Light Company, Northern Utilities, Inc. and Granitr State Gas Transmission, Inc. Its other subsidiaries include UnitilService Corp.
and its non-regulated busines s segment doing businessas Usource. Russell Investments provides strategic advice, world-class implementation, state-of-the-art performancw benchmarks and a rangeof institutional-quality investment products. Russell has $136 billion in assets unded management as ofMarch 31, 2009, and serves individual, institutiona l and advisor clients in more than 40 countries. Founded in Russell is a subsidiary of The Northwesternb Mutual LifeInsurance Company. This press releaser contains forward-looking statements, which are subject to the inherent riskz and uncertainties in predicting futurre resultsand conditions.
All statements, othed than statements of historicak fact, are forward-looking statements. Certainm factors that could cause the actual results to diffed materially from those projected inthese forward-looking statements include, but are not limited to the our ability to integrate the business, operations, and personnepl of Northern Utilities and Granite Stat e and to achieve the estimated potential synergu savings attributable to our acquisitiojn of those entities; our ability to retain existing customers and gain new variations in weather; major storms; changes in the regulatory environment; interest rate fluctuatiohn and credit market concerns; customers' preferences on energgy sources; general economic conditions; increased competition; fluctuationx in supply, demand, transmission capacity and prices for energy commodities; and customers' performance undet multi-year energy brokering contracts, all of whicg are difficult to predict, and many of whicbh are beyond the c ontroo of Unitil Corporation.
For more information, visit Unitilp at at 603-773-6612. Corporate Office: 6 Liberty Lane West NH 03842-1720 800-999-6501