NEW YORK (Feb. 18, 2003) — Dow Jones Indexes today announced the expansion of its family of blue-chip indexes as well as its Dow Jones Islamic Market Indexes by adding the global Dow Jones Islamic Market Titans 100 and three subset blue-chip indexes – the Dow Jones US Islamic Titans 50, the Dow Jones Europe Islamic Titans 25 and the Dow Jones Asia/Pacific Titans 25.

Lars Hamich, executive director global business development of Dow Jones Indexes, said, “The Dow Jones Islamic Market Titans 100 has been created because of an increasing demand for social-ethical and Islamic index investment. The indexes offer market participants easy access to the largest and most liquid global companies that meet requirements for non-financial, low debt and social ethical markets. We anticipate exchange-traded funds to be launched in the near future to complement the existing mutual funds and certificates based on the Dow Jones Islamic Index family.”

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 Dow Jones Islamic Market Titans 100 is weighted by float adjusted market capitalization. The index represents with only seven percent of the number of the companies – in permissible businesses and with acceptable ratios – 77 percent of these companies’ market capitalization. Weights within the index are capped at 10% to prevent dominance by any individual company.

The indexes are calculated in real-time and are distributed through major market data vendors. Historical data on the Dow Jones Islamic Market Titans 100 index is available back to Dec. 31, 1995.

The Dow Jones Islamic Market Titans 100 comprises 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.

The Top Five companies in the Dow Jones Islamic Market Titans 100 and Dow Jones US Islamic Titans 50 indexes are:

COMPANY NAME	COUNTRY
Exxon Mobile Corp.	USA
Microsoft Corp.	USA
Pfizer Inc.	USA
Johnson & Johnson	USA
International Business Machines Corp.	USA

COMPANY NAME	COUNTRY
Vodafone Group PLC	UK
BP PLC	UK
GlaxoSmithKline PLC	UK
TotalFinalElf S.A.	Switzerland
TotalFinalElf S.A.	France

COMPANY NAME	COUNTRY
NTT DoCoMo Inc.	Japan
Canon Inc.	Japan
Takeda Chemical Industries Ltd.	Japan
Taiwan Semiconductor Manufacturing Co. Ltd.	Taiwan
Fuji Photo Film Co. Ltd.	Japan

 
Further information on the Dow Jones Islamic Market Titans 100 Index as well as ticker symbols of the major data vendors is available at http://www.djindexes.com.