Dow Jones Indexes Announces Change to Dow Jones-AIG Commodity Index Oversight Committee Structure


NEW YORK, Feb. 21, 2007 (PRIME NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, announced modifications to the rules regarding the Oversight Committee for the Dow Jones-AIG Commodity Index(sm) (DJ-AIGCI(sm)) .

According to Dow Jones Indexes, a new two tier structure, consisting of both a "Supervisory Committee," and an "Advisory Committee," replaces the previous single Oversight Committee. The purpose of this two tier structure is to expand the breadth of input into the decision-making process, while also providing a mechanism for more rapid reaction in the event of any market disruptions or extraordinary changes in market conditions.

The three members of the DJ-AIGCI Supervisory Committee, appointed by Dow Jones Indexes and AIG Financial Products Corp., are:



 Mr. John Prestbo, Editor and Executive Director, Dow Jones Indexes

 Mr. Daniel Raab, Managing Director, AIG Financial Products Corp.

 Mr. Christiaen van Lanschot, Managing Director, Banque AIG.

The DJ-AIGCI Advisory Committee currently consists of nine leading figures from the financial and academic communities:



 Mr. Mark Anson, CEO, Hermes Pensions Management LTD.

 Mr. John Brynjolfsson, Managing Director,
 Pacific Investment Management Co. (PIMCO)

 Mr. Armin J. Lang, Managing Director, Pioneer Investments

 Mr. Robert Leary, Managing Director, AIG Financial Products Corp.

 Mr. Christian Pestre, Executive Vice President and Chief Strategist
 Caisse de Depot et Placement du Quebec

 Mr. Michael A. Petronella, President, Dow Jones Indexes/Ventures

 Prof. K. Geert Rouwenhorst, Yale School of Management

 Mr. Timothy L. W. Teo, Director,
 Government of Singapore Investment Corporation Pte Ltd.

 Mr. James Walsh, Chief Investment Officer, Cornell University

According to Dow Jones Indexes, this new structure should further ensure that the DJ-AIGCI(sm) remains a highly liquid benchmark for commodity investment as markets evolve and change over time. The Supervisory Committee will make all final decisions relating to the DJ-AIGCI, given any advice and recommendations of the Advisory Committee, with the main design principles of the Index continuing to be Economic Significance, Diversification, Continuity, and Liquidity.

The Dow Jones-AIG Commodity Index is composed of 19 futures contracts on physical commodities and was introduced in 1998. The DJ-AIGCI family of indexes includes nine sector sub-indexes, multiple forward month indexes, sub-indexes for each individual commodity in the original DJ-AIGCI, Euro, and Yen-, denominated versions of the Dow Jones-AIG Commodity Index, and the Dow Jones-AIG Commodity Spot Index(sm). Also available are total return versions of each of the excess return indexes and sub-indexes. Currently, there is an estimated $35 billion invested in financial products that track the Dow Jones-AIG Commodity Index on a global basis.

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: +49-69-29-725-290

Alternatively, please contact Whit Clay of Sloane & Company at wclay@sloanepr.com or call +1-212-446-1864

For questions regarding the DJ-AIGCI please call AIG Financial Products Corp. at 203-563-1960, or email djaig@aigfp.com

Note to Editors:

About Dow Jones Indexes

A full-service index provider, Dow Jones Indexes develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products. Best known for the Dow Jones Industrial Average, Dow Jones Indexes also is co-owner of the Dow Jones STOXX indexes, the world's leading pan-European indexes, and together with Wilshire Associates, provides the Dow Jones Wilshire Global Index family, which is anchored by the Dow Jones Wilshire 5000 and covers more than 12,000 securities in 59 markets. Beyond equity indexes, Dow Jones Indexes maintains a number of alternative indexes, including measures of the hedge fund and commodity markets. Dow Jones indexes are maintained according to clear, unbiased and systematic methodologies that are fully integrated within index families. www.djindexes.com

Dow Jones Indexes is part of Dow Jones & Company (NYSE:DJ) (dowjones.com), which is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Factiva, Dow Jones Licensing Services, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones provides news content to CNBC and radio stations in the U.S.

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