ZURICH, Switzerland, March 1, 2006 (PRIMEZONE) -- STOXX Ltd. today announced changes in the composition of its style indexes, the Dow Jones STOXX TMI Growth and Dow Jones STOXX TMI Value Indexes, and its respective large, mid- and small sub-indexes as well as the respective indexes for the Eurozone.
The Dow Jones STOXX Style Indexes include three categories: growth, value and neutral. Effective with the open of European markets on March 20, 2006 the number of components in the Dow Jones STOXX TMI Growth Index will increase to 357 from previously 331 components, and the number of components in the Dow Jones STOXX TMI Value Index will increase to 399 from 398 components while components in the neutral category will decrease to 277 from 287.
Reasons for component changes in the Dow Jones STOXX Growth and Value Indexes can be the change of style characteristics of an index component from growth to value or vice versa as well as addition of a component stock as the result of the stocks' Initial Public Offering (IPO).
The three largest components measured by free-float market capitalization that will be added to the Dow Jones STOXX Growth and Value Indexes after an IPO are EDF (France, Growth), PARMALAT (Italy, Growth) and BOLIDEN (Sweden, Value).
The following components will change from being classified as growth stocks to value stocks: TELECOM ITALIA (Italy) and SGS N (Switzerland).
No reclassifications from the value to growth category will be made in this review.
The full list of the new composition of the Dow Jones STOXX Style Indexes as well as further information on the indexes can be found at http://www.stoxx.com/incoming_data/reports/reviews/2006. Changes are being announced today after the conclusion of a regular semi-annually component review. The adjusted component weightings will be announced on March 15, 2006 after close of European markets. All changes will be effective on March 20, 2006.
Journalists may e-mail questions regarding this press release to PR-Indexes@dowjones.com or contact a member of the Dow Jones Indexes/STOXX public relations group:
New York: +1-212-597-5720 Frankfurt: + 49-69-971428-15
Disclaimer: Company additions and deletions do not in any way reflect an opinion on the investment merits of the company.
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