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Dow Jones Indexes
Joint Media Release by Deutsche Borse AG, STOXX Ltd. and SWX Swiss Exchange
FRANKFURT, Germany and ZURICH, Switzerland, April 20, 2005 (PRIMEZONE) -- Deutsche Borse, STOXX and SWX are jointly launching a consistent new suite of volatility indices covering the Eurozone as a whole as well as the German and Swiss markets respectively. The new indices are based on a new methodology jointly developed by Goldman Sachs and Deutsche Borse as an enhancement to the existing VDAX(r) methodology. The indexes include the VSTOXX for volatility in the Eurozone, the VSMI(r) and the VDAX-NEW. All indices will be calculated by Deutsche Borse based on the respective options on the underlying indices traded at the international derivatives exchange Eurex. The indices have also been licensed as the basis of volatility futures contracts. The VDAX-NEW will replace the existing VDAX, which is likely to be terminated at the end of 2005.
Skanska Secures Highway Project in Florida Valued at SEK 540 M, USD 77 M
STOCKHOLM, Sweden, April 20, 2005 (PRIMEZONE) -- Skanska received a contract for reconstruction of the SR 60 Memorial Highway in Tampa, Florida. The contract is valued at SEK 1.3 billion (USD 193 M), of which Skanska's portion is 40 percent, corresponding to SEK 540 M. The order sum is included in order bookings for the second quarter of 2005.