NEW YORK, April 10 , 2002 - The Dow Jones and STOXX indexes have become the most popular indexes for Exchange Traded Funds (ETFS) in Europe, according to an analysis performed by Dow Jones Indexes and STOXX, Ltd.

At the end of March, 2002, 33 of 92 ETFs in Europe tracked STOXX, Ltd. and Dow Jones' indexes, accounting for (3.3 billion Euro) of all European ETF assets. In March 2002, more than 50% of all European ETF trading was based on this family of indexes representing more than 200 million Euro daily.

The Dow Jones Euro STOXX 50 index has emerged as the single most popular underlying index for European ETFs capturing about 26% of the market share- equivalent to 2 billion Euro.

The Dow Jones Euro STOXX 50 LDRS, managed by Merrill Lynch, is the largest ETF in Europe, recently surpassing the 1 billion Euro mark just two years after its launch.

Scott Stark, managing director of STOXX Ltd., says: "ETFs tracking the Dow Jones STOXX index family have been embraced by both institutional and retail investors. The indexes are accepted as the benchmark for cross-border equity investment in Europe. We are confident that assets and trading in the products based on these indexes will continue to grow."

Michael A. Petronella, managing director, of Dow Jones Indexes, says: "While European indexes have been the bedrock of ETFs traded in Europe to date, we are seeing interest growing for global-index based as well as U.S.-index based ETFs. We believe ETFs will grow in popularity in Europe as they have in the U.S. where ETFs number 103 with assets of almost $90 billion."

The Dow Jones Global Titans 50 index underlies ETFs listed at Deutsche Börse and Euronext Paris with assets exceeding 120 million Euro. The three ETFs in Europe based on the Dow Jones Industrial Average also have attracted about 120 million Euro at the end of March. In the U.S. assets in the DIAMONDS trust, the ETF based on The Dow and listed on the American Stock Exchange exceeded $4 billion at the end of March, a 13% increase from February.

The Dow Jones STOXX indexes were launched in February 1998 to provide investors moving from a country to a regional investment approach with liquid, transparent and rules-based regional indexes in advance of the launch of the Euro and the creation of the Eurozone. The indexes cover the European equity markets in several ways, i.e. by region, by size, by sector and by style.

Dow Jones STOXX's index-based products account for 99% of the regional European equity index derivatives market. The Dow Jones Euro STOXX 50 underlies the world's second most popular equity index derivative. In addition the Dow Jones STOXX indexes are the underlying benchmarks for 35% of institutional funds in Europe.