Dow Jones Indexes Announces Component Changes in Global, Regional and Country Titans Blue-Chip Indexes

Changes are the Result of the Regular Annual and Quarterly Reviews


NEW YORK, June 3, 2010 (GLOBE NEWSWIRE) -- 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 Regional Titans and Dow Jones Country Titans Indexes. Changes being announced today will be effective after the close of trading on Friday, June 18, 2010.

In the Dow Jones Global Titans 50 Index, the following two stocks will be added: GAZPROM OAO (Russia, Oil & Gas, Oil and Gas Producers, GAZP.RS) and Goldman Sachs Group Inc. (United States, Financials, Financial Services, GS). Companies exiting are: France Telecom (France, Telecommunications, Fixed Line Telecommunications, FTE.FR) and Nokia Corp. (Finland, Technology, Hardware and Equipment, NOK1V.HE). Total free-float market capitalization of the reconstituted Dow Jones Global Titans 50 Index decreased to US$5.53 trillion from US$5.55 trillion as of June 2, 2010.

Regional allocation of the Dow Jones Global Titans 50 Index, based on country of origin of the component stock:

Region Before
Review
After
Review
Americas 64.49% 64.95%
Europe 29.15% 28.73%
Asia/Pacific 6.37% 6.32%

The Dow Jones Global Titans 50 Index is a 50-stock index that reflects the market performance of the world's leading multinational companies.

Bank of China Ltd. (Hong Kong, Banks 3988.HK) and Reliance Industries Ltd.(India, Oil and Gas Producers) will be added to the Dow Jones Asian Titans 50 Index. The companies exiting are Hutchison Whampoa Ltd. (Hong Kong, General Industrials) and KB Financial Group Inc. (Korea, Bank, 105560.SE). Total free-float market capitalization of the reconstituted Dow Jones Asian Titans 50 Index increased to US$1.69 trillion from US$1.64 trillion as of June 2, 2010. The Dow Jones Asian Titans 50 Index is a 50-stock index that reflects the market performance of the leading companies in 11 countries in the Asia/Pacific region.

In the Dow Jones BRIC 50 Index, the following six stocks will be added: Axis Bank Ltd. (India, Banks, 532215.BY), Cielo S/A Ord (Brazil, Financial Services, CIEL3.BR), Sterlite Industries (India) Ltd. (India, Industrials, Metals and Mining, 500900.BY), China Mobile Ltd. (China, Mobile Telecommunications, ADH.CI), China Unicom (Hong Kong) Ltd., (Hong Kong, Mobile Telecommunications, 0762.HK) and CNOOC Ltd (China, Oil & Gas Producers, 0883.HK). Companies exiting are: Suzlon Energy Ltd. (India, Alternative Energy, 532667.BY), Metalurgica Gerdau S/A Pref (Brazil, Industrial Metals & Mining, GOAU4.BR), Aluminum Corp. of China Ltd. (China, Industrial Metals & Mining, 601600.SH), China COSCO Holdings Co. Ltd. (China, Industrial Metals & Mining, 601919.SH), China Communications Construction Co. Ltd.(China, Construction and Materials) and Reliance Communications Ltd (India, Mobile Telecommunications, 532712.BY) Total free-float market capitalization of the reconstituted Dow Jones BRIC 50 Index increased to US$959.95 billion from US$892.23 billion as of June 2, 2010.The Dow Jones BRIC 50 Index represents 50 of the largest and most liquid stocks traded in the Brazil, Russia, India and China offshore markets. The Dow Jones BRIC 50 Index is a composite of the four sub-indexes covering these markets.  

In the Dow Jones Tiger Titans 50 Index, the following five stocks will be added: Hyundai Mobis Co. Ltd. (Korea, Automobiles and Parts 012330.SE), LG Chem Ltd. (Korea, Chemicals, 051910.SE), Formosa Chemicals & Fibre Corp. (Taiwan, Chemicals, 1326.TW), Li & Fung Ltd. (Singapore, Personal Goods, 0494.HK) and Tencent Holdings Ltd. (Hong Kong, Software and Computer Services, 0700.HK). Companies exiting are: Bank of Communications Co. Ltd. (Hong Kong, Banks, 3328.HK), Esprit Holdings Ltd. (Singapore, General Retailers, 0330.HK), SK Telecom Co. Ltd. (Korea, Mobile Telecommunications, 017670.SE), Au Optronics Corp. (Taiwan, Technology, Hardware and Equipment, 2409.TW) and KT&G Corp. (Korea, Tobacco, 033780.SE). Total free-float market capitalization of the reconstituted Dow Jones Tiger Titans 50 Index increased to US$948.77 billion from US$912.60 billion as of June 2, 2010. The Dow Jones Tiger Titans 50 Index represents companies whose blue-chip stocks are traded on the major exchanges of Hong Kong, South Korea, Singapore and Taiwan.

In the Dow Jones GCC Titans 40 Index, the following three stocks will be added: Gulf Bank of Kuwait K.S.C. (Kuwait, Banks, GBK.KW), Ahli United Bank B.S.C. (Bahrain, Banks, AUB.BH) and Vodafone Qatar Q.S.C. (Qatar, Telecommunications, VFQS.DO). Companies exiting are: Union National Bank PJSC (UAE, Banks, UNB.AD), Ithmaar Bank B.S.C. (Bahrain, Banks, ITHMR.BH), and Heritage Oil PLC (Great Britain, Oil & Gas, HOIL.LN). Total free-float market capitalization of the reconstituted Dow Jones GCC Titans 40 Index increased to US$48.55 billion from US$46.18 billion as of June 2, 2010. The Dow Jones GCC Titans 40 Index measures the performance of the 40 leading stocks traded in the Gulf Cooperation Council (GCC) member countries of Bahrain, Kuwait, Oman, Qatar and the United Arab Emirates.

In the Dow Jones Africa Titans 50 Index, the following six stocks will be added: Semafo Inc. (Canada, Basic Resources, SMF.T), Golden Star Resources Ltd. (Canada, Basic Resources, GSC.T), African Minerals Ltd. (Great Britain, Basic Resources, AMI.LN), Ezz Steel Co. S.A.E. (Egypt, Basic Resources, ESRS.CI) Afren PLC (Great Britain, Oil & Gas, AFR.LN) and Vodacom Group Ltd. (South Africa, Telecommunications VOD.JO). Companies exiting are: Fidelity Bank PLC (Nigeria, Banks, FIDELITYB.LA), Union Bank of Nigeria PLC (Nigeria, Banks, UBN.LA), Intercontinental Bank PLC (Nigeria, Banks, INTERCONT.LA), Afribank Nigeria PLC (Nigeria, Banks, AFRIBANK.LA), PlatinumHabib Bank PLC (Nigeria, Banks, PLATINUM.LA), and ArcelorMittal South Africa Ltd. (South Africa, Basic Resources, ACL.JO). Total free-float market capitalization of the reconstituted Dow Jones Africa Titans 50 Index decreased from US$81.26 billion to US$80.77 billion as of June 2, 2010. The Dow Jones Africa Titans 50 Index is a pan-African index that measures the stock performance of leading companies in the region. It includes stocks traded on recognized local exchanges as well as companies traded on international exchanges that generate the majority of their revenues in Africa.

In the Dow Jones Kuwait 30 Index, Kuwait Pipes Industries & Oil Services Co. K.S.C. (Kuwait, Basic Resources, PIPE.KW) will replace Mena Holding Co. K.S.C.C. (Kuwait, Oil & Gas, MENAHOLD.KW). Mena Holding Co. K.S.C.C. is being removed due to the "Early Removal Rule." The rule is applied when a component in a Dow Jones Country Titans Index is no longer ranked one of the largest companies by float-adjusted market capitalization during the periodic review of component shares and float factors. The Early Removal Rule allows component changes to the Dow Jones Country Titans Indexes to be implemented outside of the index family's regular annual review in March. Total free-float market capitalization of the reconstituted Dow Jones Kuwait 30 Index decreased from US$23.20 billion to US$22.73 billion as of June 2, 2010. The Dow Jones Kuwait 30 Index measures the performance of the largest and most liquid stocks trading on the Kuwait Stock Exchange. 

For the June 2010 review, the following countries are now eligible to be included in the Dow Jones Global Titans 50 Index: investable China, India, Israel, Russia and Turkey. The stocks from these new countries will be subject to the same selection criteria as existing companies for the annual component review in June 2010. However, Dow Jones Indexes will analyze each company to ensure the highest level of liquidity for countries with barriers to foreign investment. The final weights for each component will be announced after the close of trading on Friday, June 11, 2010.

Further information on the Dow Jones Global Titans 50, Dow Jones Regional Titans and Dow Jones Country Titans Indexes can be found on http://www.djindexes.com

Company additions to and deletions from the Dow Jones Global Titans 50, Dow Jones Country Titans, 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.

About Dow Jones Indexes

Dow Jones Indexes (www.djindexes.com) is a leading full-service index provider that 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 offers more than 130,000 equity indexes as well as fixed-income and alternative indexes, including measures of hedge funds, commodities and real estate. Dow Jones Indexes employs clear, unbiased and systematic methodologies that are fully integrated within index families. Dow Jones Indexes is part of CME Group Index Services LLC, a joint venture company which is owned 90 percent by CME Group Inc. (www.cmegroup.com) and 10 percent by Dow Jones & Company (www.dowjones.com), a News Corporation company (Nasdaq:NWS) (Nasdaq:NWSA) (ASX:NWS) (ASX:NWSLV) (www.newscorp.com).

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"Dow Jones®", "Dow Jones Indexes", Dow Jones Global Titans 50, Dow Jones Country Titans, and Dow Jones Regional Titans indexes and all other index names listed above are service marks of Dow Jones Trademark Holdings LLC ("Dow Jones"), and have been licensed for use by CME Group Index Services LLC ("CME Indexes"). Investment products based on the Dow Jones Global Titans 50, Dow Jones Country Titans, and Dow Jones Regional Titans indexes are not sponsored, endorsed, sold or promoted by Dow Jones, CME Indexes or their respective affiliates and none of Dow Jones, CME Indexes and their respective affiliates make any representation regarding the advisability of investing in such products. Inclusion of a company in any of the Dow Jones Global Titans 50, Dow Jones Country Titans, and Dow Jones Regional Titans indexes does not in any way reflect an opinion of Dow Jones, CME Indexes or any of their respective affiliates on the investment merits of such company. None of Dow Jones, CME Indexes or any of their respective affiliates is providing investment advice in connection with these indexes.
 



            

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