NEW YORK, March 3, 2005 — Dow Jones Indexes today announced the results of the regular annual review of the Dow Jones Country Titans indexes.

Effective March 21, the 24 changes listed below are being made in the following eight Dow Jones Country Titans: Dow Jones Canada Titans 40, Dow Jones Hong Kong Titans 30, Dow Jones Italy Titans 30, Dow Jones Japan Titans 100, Dow Jones South Africa Titans 30, Dow Jones Spain Titans 30, Dow Jones Switzerland Titans 30, and Dow Jones Turkey Titans 20.

No changes are being made in the following seven Dow Jones Country Titans: Dow Jones Australia Titans 30, Dow Jones France Titans 30, Dow Jones Germany Titans 30, Dow Jones Netherlands Titans 30, Dow Jones RusIndex Titans 10, Dow Jones Sweden Titans 30, and Dow Jones U.K. Titans 50 indexes.

The weighted free float market capitalization in $US of the reconstituted Dow Jones Country Titans as of February 28, 2005:

• Dow Jones Canada Titans 40 increased from $515.04 billion to $533.46 billion.
• Dow Jones Hong Kong Titans 30 increased from $165.79 billion to $168.88 billion.
• Dow Jones Italy Titans 30 increased from $372.10 billion to $373.58 billion.
• Dow Jones Japan Titans 100 increased from $1581.16 billion to $1600.42 billion.
• Dow Jones South Africa Titans 30 increased from $129.82 billion to $130.52 billion.
• Dow Jones Spain Titans 30 increased from $380.38 billion to $388.25 billion.
• Dow Jones Switzerland Titans 30 increased from $638.37 billion to $639.41 billion.
• Dow Jones Turkey Titans 20 increased from $33.07 billion to $33.40 billion.

Changes in the Country Titans are being announced today after the conclusion of a regular annual component review using the free float market capitalization and trading volume for components as of February 28, 2005. The changes will be effective at the start of trading on Monday, March 21, 2005.

The review is based on a methodology that considers free-float market capitalization and liquidity. The detailed methodology for each index is published in the indexes’ rulebooks, accessible on the Dow Jones Indexes Country Titans web site.