ZURICH, Switzerland and NEW YORK, March 5, 2009 (GLOBE NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, and STOXX Ltd., the leading provider of European equity indexes, today announced changes in several Dow Jones and Dow Jones STOXX Select Dividend Indexes and Dow Jones Regional Titans Indexes.
In the Dow Jones STOXX Select Dividend 30 and Dow Jones STOXX Global Select Dividend 100 indexes, NKT Holding A/S (Denmark, Industrial Goods & Services, NKT.KO) will be replaced by Vallourec (France, Industrial Goods & Services, 12035.FR).
In the Dow Jones STOXX Nordic Select Dividend 20 Index, NKT Holding A/S will be replaced by Rockwool International (Denmark, Construction & Materials, Rock-B.KO).
In the Dow Jones U.S. Select Dividend Index, U.S. Bancorp (U.S., Banks, USB) will be replaced by Avon Products Inc. (U.S., Personal & Household Goods, AVP).
NKT Holding A/S is being removed due to the cancellation of its dividend payment. U.S. Bancorp is being removed due to a decrease in its dividend payment. The company's new dividend yield does not meet the index's eligibility requirements.
Gulf Bank of Kuwait K.S.C. (Kuwait, Banks, GBK.KW) will be removed from the Dow Jones Arabia Titans 50, Dow Jones DIFC Arabia Titans 50, Dow Jones GCC Titans 40 and Dow Jones Kuwait Titans 30 indexes. Gulf Bank of Kuwait K.S.C. is being removed due to the indefinite suspension of trading of the company's stock.
In the Dow Jones Arabia Titans 50 Index and Dow Jones DIFC Arabia Titans 50 Index, Gulf Bank of Kuwait K.S.C. will be replaced by Banque Audi S.A.L. Audi-Saradar Group GDR (Lebanon, Banks, AUDI.LE).
In the Dow Jones GCC Titans 40 Index, Gulf Bank of Kuwait K.S.C. will be replaced by Dar Properties Co. (UAE, Real Estate, ALDAR.AD).
In the Dow Jones Kuwait Titans 30 Index, Gulf Bank of Kuwait K.S.C. will be replaced by Mabanee Co. S.A.K.C. (Kuwait, Construction & Materials, MABANEE.KW).
All changes will be effective as of the open of trading on Tuesday, March 10, 2009.
Further information, as well as the complete component lists of the Dow Jones and Dow Jones STOXX Select Dividend and Dow Jones Regional Titans indexes, can be found on the Dow Jones Indexes and STOXX Web sites at http://www.djindexes.com and http://www.stoxx.com.
Company additions to and deletions from the Dow Jones and Dow Jones STOXX Select Dividend indexes and Dow Jones Regional Titans indexes do not in any way reflect an opinion on the investment merits of the company.
Journalists may e-mail questions regarding this press release to PR-Indexes@dowjones.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 65 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 & Company (www.dowjones.com) is a News Corporation company (NYSE:NWS), (NYSE:NWS.A), (ASX:NWS), (ASX:NWSLV), (www.newscorp.com). Dow Jones 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, Dow Jones Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of STOXX Ltd. and provides news content to radio stations in the U.S.
The Dow Jones & Company logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4578