Component Changes Made to Dow Jones Germany Titans 30

NEW YORK (Jun. 13, 2003) – Dow Jones Indexes today announced component changes in the Dow Jones Germany Titans 30.

Effective with the opening of trading Monday, June 23, 2003 Beiersdorf AG (Germany) will replace Degussa AG (Germany) in the Dow Jones Germany Titans 30. Degussa AG has been deleted because of the “Early Removal Rule.” The rule is applied when a Titans component is not among the 60 largest companies in the DJGI country index when ranked by free-float market capitalization at the conclusion of a regular quarterly review. Normally, changes are made to the Dow Jones Germany Titans 30 annually in March. Among the reasons for extraordinary changes is the “Early Removal Rule”.

The detailed methodology for each index is published in the indexes’ rulebooks accessible on the Dow Jones Indexes web site at http://www.djindexes.com.

Company additions to and deletions from the Dow Jones Germany Titans 30 do not in any way reflect an opinion on the investment merits of the company.

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