NEW YORK, April 5, 2004 – Dow Jones Indexes today announced that it has licensed the Indonesia-based Surabaya Stock Exchange to list exchange-traded futures based on the Dow Jones Industrial Average and the Dow Jones Japan Titans 100 Index. The futures contracts will be launched on April 27 and will be traded between 9:30 a.m. and 4:00 p.m. West Indonesian Time (9:30 pm and 4:00 am New York Time).

“Indonesian investors will now have access to the performance of the U.S. and Japanese markets through futures contracts based on the Dow Jones Industrial Average, the world’s most well-known index, and the Dow Jones Japan Titans 100 Index,” said Michael A. Petronella, president of Dow Jones Indexes/Ventures. “The Surabaya Stock Exchange is a well respected, emerging-market member of the Asian marketplace and we are confident in its ability to provide a transparent and successful trading environment for their market participants.”

Hindarmojo Hinuri, president director of the Surabaya Stock Exchange, said: “Trading of index futures based on foreign indexes has increased tremendously lately. It shows that Indonesian investors need diversified investment products, especially when they consider that the ongoing decrease of interest rates doesn’t satisfy their investment objective. To respond to this phenomenon, the Surabaya Stock Exchange as a derivatives market facilitator in Indonesia, expects that the launch of Dow Jones Industrial Average Futures and Dow Jones Japan Titans 100 Futures will attract a large number of retail and institutional investors.”

About Surabaya Stock Exchange

The Surabaya Stock Exchange (SSX) was officially opened on June 16, 1989 as the first private stock exchange in Indonesia. The SSX facilitates markets for bonds, derivatives and equities. Trading of securities on the SSX is conducted on remote and online basis.

The SSX has become the major bourse for bonds and derivatives in Indonesia. Derivatives products currently traded on the SSX are LQ45 Futures, DJIA Futures and DJ Japan Futures