NEW YORK, April 29, 2002 - Dow Jones Indexes today announced rule changes for four index series in the Dow Jones Titans family. The changes will be effective June 24, 2002 with the next annual Titans index review.

Indexes affected by the changes are the Dow Jones Global Titans 50, Dow Jones Sector Titans 30, Dow Jones Asian Titans 50, and the Dow Jones Asian Titans 50 (ex Japan). The Dow Jones Titans track stocks of the largest multinational companies on the globe. The fundamental factors used to select components for these indexes will be reduced to two from four. The weight of float-adjusted market capitalization in the component selection process will be increased from 50% to 60% while the two fundamental factors account for 20% each.

Michael A. Petronella, managing director of Dow Jones Indexes said, "Eliminating two fundamental factors will make the index easier for investors and analysts to understand and, if they wish, to replicate, all of which adds up to improved transparency."

The fundamental factors used to select the components of the four Dow Jones Titans indexes will be sales/revenue and net income, which will account for a total of 20% each. Assets and shareholder equity will no longer be factors in the selection process.

As of April 23, 2002, the Dow Jones Global Titans 50 components had a float-adjusted market value of $5.3 billion, equal to 28% of the Dow Jones World Index's float-adjusted capitalization. Currently, there are two exchange-traded funds and also futures and options products linked to this index.