NEW YORK, September 24, 2002 – Investors will be able to buy or sell exchange-traded funds (ETFs) linked to the performance of the Dow Jones Germany Titans 30 index within the next days. Global index provider Dow Jones Indexes issued the first license on its new Dow Jones Germany Titans 30 to UBS AG, Europe’s leading mutual fund provider. The Fresco DJ Germany Titans 30 will be listed for trading at Deutsche Börse on Friday, September 26.

Michael A. Petronella, managing director of Dow Jones Indexes, said, “The Dow Jones Country Titans index series was created to meet market demand for efficient measurement tools that could be used as the underlying for investment products. Due to its innovative rules-based methodology and data transparency, the Dow Jones Germany Titans 30 index is an ideal proxy to gain exposure to the German market. The Fresco DJ Germany Titans 30 fund complements the existing Fresco DJ UK Titans 50 and Fresco DJ Japan Titans 100 funds. This allows investors to allocate assets and switch easily between countries while remaining in one index family, making their investment strategy consistent and transparent.”

The stocks selected for the Dow Jones Germany Titans 30 are the 30 largest and most liquid securities in the German market. As of August 31, 2002, the index’s free-float market capitalization totaled Euro 369 billion, representing 87% of the free-float market capitalization of the Dow Jones German Total Market Index.

The Dow Jones Germany Titans 30 is rules-based, free-float market capitalization weighted, and individual component weights are capped at 10% to prevent dominance by any company.