Component Changes Made to Dow Jones Islamic Blue-Chip Indexes

Changes are a Result of the Regular Annual Review of the Indexes


NEW YORK (Jun. 12, 2003) — Dow Jones Indexes today announced component changes in the global Dow Jones Islamic Market Titans 100 Indexes and three subset blue-chip indexes – the Dow Jones Islamic Market U.S. Titans 50, the Dow Jones Islamic Market Europe Titans 25, and the Dow Jones Islamic Market Asia/Pacific Titans 25 after the annual review.

The following four component changes will be made to the Dow Jones Islamic Market U.S. Titans 50. FedEx Corp. (U.S.), HCA Inc. (U.S.), Illinois Tool Works Inc. (U.S.) and CVS Corp. (U.S.) will be added to the index. The following companies are being deleted: Alcoa Inc (U.S.), Target Corp. (U.S.), Electronic Data Systems Corp. (U.S.) and ConocoPhillips (U.S.).

The following two component changes will be made to the Dow Jones Islamic Market Europe Titans 25. Centrica PLC (U.K.) and L’Air Liquide S.A. (France) will be added to the index. The following companies are being deleted: Roche Holding AG (Switzerland) and Anglo American PLC (U.K.).

The following five component changes will be made to the Dow Jones Islamic Market Asia/Pacific Titans 25. Hon Hai Precision Industry Co. Ltd. (Taiwan), Wesfarmers Ltd. (Australia), Eisai Co. Ltd. (Japan), Suzuki Motor Corp. (Japan) and Toppan Printing Co. Ltd. (Japan) will be added to the index. The following companies are being deleted: Hoya Corp. (Japan), SMC Corp. (Japan), Cheung Kong (Holdings) Ltd. (Hong Kong), Sun Hung Kai Properties Ltd., (Hong Kong) and Secom Co. Ltd. (Japan).

To determine their eligibility for the Dow Jones Islamic Market Titans 100, stocks are screened based on their industry type and their financial ratios. Excluded are companies engaged in the following lines of business: alcohol, tobacco, pork-related products, financial services, defense/weapons and entertainment. Dow Jones Indexes then screens out companies with unacceptable financial ratios: companies whose total debt divided by trailing 12-month average market capitalization is 33% or more; those whose cash plus interest-bearing securities divided by trailing 12-month average market capitalization is 33% or more and those whose accounts receivables divided by total assets is 45% or more.

The component changes will be effective at the start of trading on Monday, June 23, 2003.

Further information on the Dow Jones Islamic Market Titans 100 Indexes can be found on www.djindexes.com.

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London: +44-20-3379-3804

About Dow Jones Indexes

Dow Jones Indexes 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 a joint venture company owned 90 percent by CME Group Inc. and 10 percent by Dow Jones & Company, Inc., a News Corporation company (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV).

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