NEW YORK, June 6, 2006 (PRIMEZONE) -- Dow Jones Indexes, a leading global index provider, today announced the results of the regular annual review of the Dow Jones Global Titans 50, Dow Jones Tiger Titans 50, Dow Jones Asian Titans 50 and Dow Jones Sector Titans 30 indexes. The changes will be effective as of the open of trading on Monday, June 19, 2006.
The following two stocks will be added to the Dow Jones Global Titans 50 Index: Hewlett-Packard Co. (United States) and Mitsubishi UFJ Financial Group Inc. (Japan). Companies exiting the index are: BellSouth Corp. (United States) and Walt Disney Co. (United States). Total free-float market capitalization of the reconstituted Dow Jones Global Titans 50 Index increased to $6,566.27 billion from $6,461.27 billion as of May 31, 2006.
Regional allocation of the Dow Jones Global Titans 50 Index, based on country of origin of the component stock (based on free-float market capitalization as of May 31, 2006):
Region Before Review After Review Americas 62% 61% Europe 34% 34% Asia/Pacific 4% 5%
Regional allocation of the Dow Jones Global Titans 50 Index, by percentage of total revenues generated by each, as of May 31, 2006:
Region Before Review After Review Americas 55% 55% Europe 39% 38% Asia/Pacific 6% 7%
The following seven stocks will be added to the Dow Jones Asian Titans 50 Index: PetroChina Co. Ltd. (Hong Kong), Shinhan Financial Group Co. Ltd. (Korea), China Petroleum & Chemical Corp. (Hong Kong), Korea Electric Power Corp. (Korea), Mitsui & Co. Ltd. (Japan), Nippon Steel Corp. (Japan) and Seven & I Holdings Co. Ltd. (Japan). Companies exiting the index are: DBS Group Holdings Ltd. (Singapore), Telstra Corp. Ltd. (Australia), Wesfarmers Ltd. (Australia), Hang Seng Bank Ltd. (Hong Kong), Chubu Electric Power Co. Inc. (Japan), Fuji Photo Film Co. Ltd. (Japan) and Kyocera Corp. (Japan). Total free-float market capitalization of the reconstituted Dow Jones Asian Titans 50 Index increased to $1,945.89 billion from $1,891.81 billion as of May 31, 2006.
The following six stocks will be added to the Dow Jones Tiger Titans 50 Index: PetroChina Co. Ltd. (Hong Kong), China Petroleum & Chemical Corp. (Hong Kong), Bank of China (Hong Kong), China Construction Bank Corp. (Hong Kong), China Life Insurance Co. Ltd. (Hong Kong) and United Overseas Bank Ltd. (Singapore). Companies exiting the index are: Chinatrust Financial Holding Co. Ltd. (Taiwan), Li & Fung Ltd. (Hong Kong), Samsung SDI Co. Ltd. (South Korea), China Unicom Ltd. (Hong Kong), Taiwan Mobile Co. Ltd. (Taiwan) and Singapore Press Holdings Ltd. (Singapore). Total free-float market capitalization of the reconstituted Dow Jones Tiger Titans 50 Index increased to $825.01 billion from $776.87 billion as of May 31, 2006.
To better represent the Hong Kong market, H shares, which are shares of Chinese companies listed on the Hong Kong Stock Exchange, will be eligible for inclusion in the Dow Jones Global Titans 50, Dow Jones Asian Titans 50, and the Dow Jones Tiger Titans 50 indexes starting at the June 2006 quarterly review.
The following 40 companies will be added/deleted from the Dow Jones Sector Titans 30 Indexes:
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Dow Jones Sector Titans Automobiles & Parts
Country Company Add/Delete
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Japan Mazda Motor Corp. add
United States Lear Corp. delete
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Dow Jones Sector Titans Banks
Country Company Add/Delete
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France Credit Agricole S.A add
United States National City Corp. delete
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Dow Jones Sector Titans Basic Resources
Country Company Add/Delete
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Canada Teck Cominco Ltd. Cl B add
Japan Nippon Paper Group Inc. delete
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Dow Jones Sector Titans Chemicals
Country Company Add/Delete
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Canada Potash Corp. of Saskatchewan Inc. add
Switzerland Ciba Specialty Chemicals
Holding Inc. delete
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Dow Jones Sector Titans Construction & Materials
Country Company Add/Delete
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South Korea Daewoo Engineering & Construction
Co. Ltd. add
Germany HeidelbergCement AG delete
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Dow Jones Sector Titans Financial Services
Country Company Add/Delete
------- ------- ----------
Canada Brookfield Asset Management
Inc. Cl A add
Japan Daiwa Securities Group Inc. add
United States Equity Office Properties Trust delete
United States Principal Financial Group Inc. delete
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Dow Jones Sector Titans Industrial Goods & Services
Country Company Add/Delete
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Switzerland ABB Ltd. add
Japan Kyocera Corp. delete
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Dow Jones Sector Titans Insurance
Country Company Add/Delete
------- ------- ----------
Japan T&D Holdings Inc. add
United States XL Capital Ltd. Cl A delete
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Dow Jones Sector Titans Media
Country Company Add/Delete
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United Kingdom ITV PLC add
Netherlands VNU N.V add
United States Interpublic Group of Cos. delete
United States New York Times Co. Cl A delete
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Dow Jones Sector Titans Personal & Household Goods
Country Company Add/Delete
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South Korea LG Electronics Inc. add
United States Mattel Inc. delete
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Dow Jones Sector Titans Retail
Country Company Add/Delete
------- ------- ----------
United States Safeway Inc. add
United Kingdom Kingfisher PLC delete
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Dow Jones Sector Titans Technology
Country Company Add/Delete
------- ------- ----------
United States Apple Computer Inc add
United States Google Inc. Cl A add
Taiwan Hon Hai Precision Industry
Co. Ltd. add
Japan Rohm Co. Ltd delete
United States Maxim Integrated Products Inc. delete
Canada Nortel Networks Corp delete
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Dow Jones Sector Titans Telecommunications
Country Company Add/Delete
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Taiwan Chunghwa Telecom Co. Ltd. add
Denmark TDC A/S delete
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Dow Jones Sector Titans Utilities
Country Company Add/Delete
------- ------- ----------
France Electricite de France add
France Veolia Environnement S.A. add
South Korea Korea Electric Power Corp. add
Japan Kyushu Electric Power Co. Inc. delete
United States Progress Energy Inc. delete
United States Consolidated Edison Inc. delete
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Changes are being announced today after the conclusion of a regular annual component review. The review is based on the blue-chip rules governing the Dow Jones blue-chip indexes published on the Dow Jones Indexes Web site http://www.djindexes.com, using the April 2006 monthly selection lists.
The changes in the Dow Jones Global Titans 50, Dow Jones Asian Titans 50, Dow Jones Tiger Titans 50 and Dow Jones Sector Titans 30 will be effective as of the open of trading on Monday, June 19, 2006. Full component lists, including market capitalization and weightings are available on the Dow Jones Indexes Web site at http://www.djindexes.com
Component changes to the Dow Jones Global Titans 50, Dow Jones Asian Titans 50, Dow Jones Tiger Titans 50 and Dow Jones Sector Titans Indexes do not in any way reflect an opinion on the investment merits of the companies being added or deleted.
Journalists may e-mail questions regarding this press release to PR-Indexes@dowjones.com or contact Dow Jones Indexes/STOXX press office:
New York: +1-212-597-5720
Frankfurt: +49-69-2972590
Note to Editors:
About Dow Jones Indexes
Dow Jones Indexes is part of Dow Jones & Company, which publishes the world's most vital business and financial news and information. Dow Jones Indexes is a premier global provider of investable indexes, including the Dow Jones Averages and the Dow Jones Global, Regional, Country and Sector Titans Indexes and is co-owner of the Pan-European Dow Jones STOXX Indexes. Together with Wilshire Associates, Dow Jones Indexes markets and licenses the Dow Jones Wilshire index family, which includes the Dow Jones Wilshire 5000 and its size, style, and sector indexes. Dow Jones Indexes also offers a number of specialty indexes including hedge fund, commodity and credit derivative indexes. In addition to Dow Jones Indexes, Dow Jones & Company (NYSE: DJ; dowjones.com) publishes The Wall Street Journal and its international and online editions, Barron's and the Far Eastern Economic Review, Dow Jones Newswires, MarketWatch and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group of Factiva and with Hearst of SmartMoney. Dow Jones also provides news content to CNBC and radio stations in the U.S.