S&P Indices: Tickers & Exchange Traded Products

Global Indices

Standard & Poor's Index Name S&P Global 1200 S&P ADR Index S&P Global 100 S&P Global 1200 - Consumer Discretionary S&P Global 1200 - Consumer Staples S&P Global 1200 - Energy S&P Global 1200 - Financials S&P Global 1200 - Health Care S&P Global 1200 - Industrials S&P Global 1200 - Information Technology S&P Global 1200 - Materials S&P Global 1200 - Telecommunication Services S&P Global 1200 - Utilities S&P Global Challengers IndexTM Pan Asia Ex-China S&P Global Challengers IndexTM Pan Asia Ex-China TR Currency US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ Bloomberg Ticker SPGLOB SPADR OOI SGD SGCS SGES SGFS SGH SGN SGI SGM SGT SGU SPGCADP SPGCADT Reuters RIC Primary Exchange: Exchange Traded Fund Name.SPGLOBAL.SPADR.SPGBL NYSE: iShares S&P Global 100 Index Fund.SGDY Amex: iShares S&P Global Cons Discretionary Sector Index Fund.SGSY Amex: iShares S&P Global Consumer Staples Sector Index Fund.SGEY Amex: iShares S&P Global Energy Sector Index Fund.SGH Amex: iShares S&P Global Financials Sector Index Fund.SGHY Amex: iShares S&P Global Healthcare Sector Index Fund.SGNY Amex: iShares S&P Global Industrials Sector Index Fund.SGIY Amex: iShares S&P Global Technology Sector Index Fund.SGMY Amex: iShares S&P Global Materials Sector Index Fund.SGMY Amex: iShares S&P Global Telecommunications Sector Index Fund.SGUY Amex: iShares S&P Global Utilities Sector Index Fund ETF Ticker IOO RXI KXI IXC IXG IXJ EXI IXN MXI IXP JXI

Global Thematic Indices

Standard & Poor's Index Name S&P/BusinessWeek Global Innovation Index S&P/BusinessWeek Global Innovation Index S&P/BusinessWeek Global Innovation Index Total Return S&P/BusinessWeek Global Innovation Index Total Return S&P Emerging Markets Infrastructure Index S&P Emerging Markets Infrastructure Index S&P Emerging Markets Infrastructure Index Total Return S&P Emerging Markets Infrastructure Index Total Return S&P Emerging Markets Infrastructure Index Net Total Return S&P Emerging Markets Infrastructure Index Net Total Return S&P Global Alternative Energy Index S&P Global Alternative Energy Index S&P Global Alternative Energy Index Total Return S&P Global Alternative Energy Index Total Return S&P Global Clean Energy Index S&P Global Clean Energy Index S&P Global Clean Energy Index Total Return S&P Global Clean Energy Index Total Return S&P Global Eco Index S&P Global Eco Index S&P Global Eco Index S&P Global Eco Index Total Return S&P Global Eco Index Total Return S&P Global Eco Index Total Return S&P Global Infrastructure Index S&P Global Infrastructure Index S&P Global Infrastructure Index Total Return S&P Global Infrastructure Index Total Return Currency US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ Bloomberg Ticker SPBWIV SPBWIVE SPBWIVTR SPBWIVET SPGEIFD SPGEIFE SPGEIFDT SPGEIFET SPGEIFDN SPGEIFEN SPGTAE SPGTAEE SPGTAET SPGTAETE SPGTCLEN SPGTCLEE SPGTCLTR SPGTCTRE SPGTECOL SPGTECEP SPGTECYP SPGTECOT SPGTECET SPGTECYT SPGTINFR SPGTINFE SPGTINTR SPGTITRE Reuters RIC Primary Exchange: Exchange Traded Fund Name.SPBWIV.SPBWIVE.SPBWIVTR.SPBWIVET.SPGEIFD.SPGEIFE.SPGEIFDT.SPGEIFET.SPGEIFDN.SPGEIFEN.SPGTAE.SPGTAEE.SPGTAET.SPGTAETE.SPGTCLEN LSE: iShares S&P Global Clean Energy Index Fund.SPGTCLEE.SPGTCLTR.SPGTCTRE.SPGTECOL.SPGTECEP.SPGTECYP.SPGTECOT.SPGTECET.SPGTECYT.SPGTINFR NYSE Arca: iShares S&P Global Infrastructure Index Fund.SPGTINFE.SPGTINTR.SPGTITRE ETF Ticker

S&P 500 Total Return S&P 500 - Consumer Discretionary S&P 500 - Consumer Staples S&P 500 - Energy S&P 500 - Financials S&P 500 - Health Care S&P 500 - Industrials S&P 500 - Information Technology S&P 500 - Materials S&P 500 - Telecommunication Services S&P 500 - Utilities S&P 500 Dividend Aristocrats S&P 500 Dividend Aristocrats Total Return S&P Equal Weight Index S&P Equal Weight Index Total Return S&P Equal Weight Index - Consumer Discretionary S&P Equal Weight Index - Consumer Staples S&P Equal Weight Index - Energy S&P Equal Weight Index - Financials S&P Equal Weight Index - Health Care S&P Equal Weight Index - Industrials S&P Equal Weight Index - Information Technology S&P Equal Weight Index - Materials S&P Equal Weight Index - Telecommunication Services S&P Equal Weight Index - Utilities S&P Equal Weight Index - Telecommunication Services & Utilitie S&P 500 O-Strip S&P 500 Inverse Index
US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$
SPTR S5COND S5CONS S5ENRS S5FINL S5HLTH S5INDU S5INFT S5MATR S5TELS S5UTIL SPDAUDP SPDAUDT SPXEW SPXEWTR S25 S30 S10 S40 S35 S20 S45 S15 S50 S55 SPXEWC SPOS SPXTS
.SPXEW.SPXEWTR.SPXEW25.SPXEW30.SPXEW10.SPXEW40.SPXEW35.SPXEW20.SPXEW45.SPXEW15.SPXEW50.SPXEW55.SPXEWC.SPXTS
Amex: Rydex S&P Equal Weighted ETF Amex: Rydex S&P Equal Weight Consumer Discretionary ETF Amex: Rydex S&P Equal Weight Consumer Staples ETF Amex: Rydex S&P Equal Weight Energy ETF Amex: Rydex S&P Equal Weight Financial ETF Amex: Rydex S&P Equal Weight Health Care ETF Amex: Rydex S&P Equal Weight Industrials ETF Amex: Rydex S&P Equal Weight Technology ETF Amex: Rydex S&P Equal Weight Materials ETF
RSP RCD RHS RYE RYF RYH RGI RYT RTM
Amex: Rydex S&P Equal Weight Utilities ETF Amex: SPDR O-Strip ETF

RYU OOO

U.S. Indices continued
Standard & Poor's Index Name S&P MidCap 400 Currency US$ Bloomberg Ticker MID Reuters RIC Primary Exchange: Exchange Traded Fund Name.MID Amex: MidCap SPDR; Amex: iShares S&P MidCap 400 Index Fund Amex: Short MidCap 400 ProShares Amex: Ultra MidCap 400 ProShares Amex: Ultrashort S&P MidCap 400 ProShares Amex: Rydex 2x S&P MidCap 400 ETF Amex: Rydex Inverse 2x S&P MidCap 400 ETF.SML Amex: iShares S&P SmallCap 600 Index Fund Amex: Ultra SmallCap 600 ProShares Amex: Short SmallCap 600 ProShares Amex: Ultra Short SmallCap 600 ProShares.SPSUP Amex: iShares S&P 1500 Index Fund Amex: SPDR Dividend ETF.SPMIDSM.SPLGMID.OEX CBOE: iShares S&P 100 Index Fund.SPREITS Amex: First Trust S&P REIT Index Fund Amex: SPDR Biotechnology ETF ETF Ticker MDY IJH MYY MVV MZZ RMM RMS IJR SAA SBB SDD ISI SDY

Amex: Rydex S&P 500 Pure Growth ETF Amex: Rydex S&P 500 Pure Value ETF Amex: Rydex S&P MidCap 400 Pure Growth ETF Amex: Rydex S&P MidCap 400 Pure Value ETF Amex: Rydex S&P SmallCap 600 Pure Growth ETF Amex: Rydex S&P SmallCap 600 Pure Value ETF

RPG RPV RFG RFV RZG RZV

Canadian Indices
Standard & Poor's Index Name S&P/TSX 60 Currency CN$ Bloomberg Ticker SPTSX60 Reuters RIC Primary Exchange: Exchange Traded Fund Name.SPTSE TSX: iUnits S&P/TSX 60 Index Participation Fund TSX: Horizons BetaPro S&P/TSX 60 Bull Plus ETF TSX: Horizons BetaPro S&P/TSX 60 Bear Plus ETF.GSPTSE TSX: TD S&P/TSX Composite Index Fund.SPTSEM TSX: iUnits S&P/TSE Canadian MidCap Index Fund.SPTSES.SPTSECP3 TSX: TD S&P/TSX Capped Composite Index Fund.SPTSECP TSX: iUnits S&P/TSX 60 Capped Index Fund.SPCDNX.SPTTTK TSX: iUnits S&P/TSX Canadian Information Technology Index Fund.SPTTEN TSX: iUnits S&P/TSX Canadian Energy Index Fund TSX: Horizons Betapro S&P/TSX Capped Energy Index Bull Plus TSX: Horizons Betapro S&P/TSX Capped Energy Index Bear Plus.SPTTFS TSX: iUnits S&P/TSX Canadian Financials Index Fund TSX: Horizons Betapro S&P/TSX Capped Financials Bull Plus TSX: Horizons Betapro S&P/TSX Capped Financials Bear Plus.SPTTGD TSX: iUnits S&P/TSX Canadian Gold Index Fund TSX: Horizons Betapro S&P/TSX Global Gold Bull Plus TSX: Horizons Betapro S&P/TSX Global Gold Bear Plus.GSPTTRE.GSPTTCS.GSPTTMN.GSPTTCD.GSPTTHC.GSPTTIN.GSPTTMT TSX: iUnits S&P/TSX Canadian Materials Index Fund.GSPTTTS.GSPTTUT.GSPRTCM TSX: iUnits S&P/TSX Canadian Income Trust Index Fund.GSPRTEN.GSPRTRE TSX: iUnits S&P/TSX Canadian REIT Index Fund.GSPTXEQ.GSPTXEC.GSPTXEM.GSPTXES.GSPTXGM TSX: Claymore S&P/TSX Global Mining ETF ETF Ticker XIU CN HXU CN HXD CN TTF CN XMD CN TCF CN XIC CN XIT CN XEG CN HEU CN HED CN XFN CN HFU CN HFD CN XGD CN HGU CN HGD CN
S&P/TSX Composite S&P/TSX Completion S&P/TSX SmallCap S&P/TSX Capped Composite S&P/TSX 60 Capped S&P/TSX Venture Composite S&P/TSX Capped Information Technology S&P/TSX Capped Energy
CN$ SPTSX CN$ SPTSXM CN$ SPTSXS CN$ T00C CN$ TX6C CN$ SPTSXVEN CN$ SPTSIT CN$ SPTSEN
S&P/TSX Capped Financials

SPTSFN

S&P/TSX Global Gold Index

SPTSGD

S&P/TSX Capped Real Estate S&P/TSX Capped Consumer Staples S&P/TSX Capped Diversified Metals & Mining S&P/TSX Capped Consumer Discretionary S&P/TSX Capped Health Care S&P/TSX Capped Industrials S&P/TSX Capped Materials S&P/TSX Capped Telecommunication Services S&P/TSX Capped Utilities S&P/TSX Capped Income Trust S&P/TSX Capped Energy Trust S&P/TSX Capped REIT S&P/TSX Equity S&P/TSX Capped Equity S&P/TSX Equity Completion S&P/TSX Equity SmallCap S&P/TSX Global Mining Index S&P/TSX Global Mining Index

CN$ CN$ CN$ CN$ CN$ CN$ CN$ CN$ CN$ CN$ CN$ CN$ CN$ CN$ CN$ CN$ CN$ US$
SPTSRE SPTSCS SPTSMN SPTSCD SPTSHC SPTSIN SPTSMT SPTSTS SPTSUT SPRTCM SPRTEN SPRTRE TXEQ TXEC TXEM TXES TXGM TXGMU

XMA CN

XTR CN XRE CN

CMW CN

Latin American Indices
Standard & Poor's Index Name S&P Latin America 40 Currency US$ Bloomberg Ticker SPLAC Reuters RIC Primary Exchange: Exchange Traded Fund Name.SPLAC Amex: iShares S&P Latin America 40 Index Fund ETF Ticker ILF

European Indices

Standard & Poor's Index Name S&P Europe 350 S&P Europe 350 S&P Europe 350 - Consumer Discretionary S&P Europe 350 - Consumer Staples S&P Europe 350 - Energy S&P Europe 350 - Financials S&P Europe 350 - Health Care S&P Europe 350 - Industrials S&P Europe 350 - Information Technology S&P Europe 350 - Materials Currency US$ Bloomberg Ticker SPEURO SPEURO25 SPEURO30 SPEURO10 SPEURO40 SPEURO35 SPEURO20 SPEURO45 SPEURO15 Reuters RIC Primary Exchange: Exchange Traded Fund Name.SPEUP Euronext: SPDR Europe 350.SPEUPD NYSE Arca: iShares S&P Europe 350 Index.SPEUPCD.SPEUPCS.SPEUPEN.SPEUPFN.SPEUPHC.SPEUPIN.SPEUPIT.SPEUPMA ETF Ticker SPE FP IEV
European Indices continued
Standard & Poor's Index Name S&P Europe 350 - Telecommunication Services S&P Europe 350 - Utilities S&P Europe 350 Dividend Aristocrats S&P Europe 350 Dividend Aristocrats Total Return S&P Euro S&P Euro Plus S&P United Kingdom S&P/MIB Index RTS Index RTS-2 Index RTS Select Index S&P Europe-Registered Funds - Eur Equity S&P Europe-Registered Funds - US Equity S&P Europe-Registered Funds - Gbl Fix Inc Bloomberg Currency Ticker SPEURO50 SPEURO55 SPDAEEP SPDAEET SPEU SPEP SPUK SPMIB US$ US$ US$ RTSI$ RTS2$ RTSSI$ SPERFIEE SPERFIUS SPERFIFI Reuters RIC Primary Exchange: Exchange Traded Fund Name.SPEUPTS.SPEUPUT ETF Ticker
.SPEU Euronext: SPDR Euro.SPEP.SPUK.SPMIB Borsa Italiana: S&P/MIB Master Unit FSE: db x-trackers S&P/MIB Index ETF.IRTS.RTS2.RTSSI

SPO FP

ETFMIB XMIB GR

.SCRTEM Amex: SPDR S&P Emerging Markets ETF

Japanese Indices

Standard & Poor's Index Name S&P Japan 500 S&P/TOPIX 150 S&P/TOPIX 150 S&P Japan MidCap 100 S&P Japan SmallCap 250 S&P Japan Emerging Stock 100 Currency US$ Bloomberg Ticker SPJ500 SPTPX Reuters RIC Primary Exchange: Exchange Traded Fund Name.SPJ.SPTPX.SPTPXD Amex: iShares S&P/TOPIX 150 Index Fund.SPJMID.SPJSML.SPJES ETF Ticker

Australian Indices

Standard & Poor's Index Name S&P/ASX 200 S&P/ASX 200 - Consumer Discretionary S&P/ASX 200 - Consumer Staples S&P/ASX 200 - Energy S&P/ASX 200 - Financials S&P/ASX 200 - Financials-x-Property S&P/ASX 200 - Health Care S&P/ASX 200 - Industrials S&P/ASX 200 - Information Technology S&P/ASX 200 - Materials S&P/ASX 200 - Property Trust S&P/ASX 200 - Telecomunication Services S&P/ASX 200 - Utilities S&P/ASX 300 S&P/ASX 20 S&P/ASX 50 S&P/ASX MidCap 50 S&P/ASX 100 S&P/ASX 300 - Metals & Mining S&P/ASX Small Ordinaries S&P/ASX All Ordinaries S&P/ASX All Ordinaries Gold Currency AUD$ AUD$ AUD$ AUD$ AUD$ AUD$ AUD$ AUD$ AUD$ AUD$ AUD$ AUD$ AUD$ AUD$ AUD$ AUD$ AUD$ AUD$ AUD$ AUD$ AUD$ AUD$ Bloomberg Ticker AS51 AS51COND AS51CONS AS51ENGY AS51FIN AS51FNXP AS51HC AS51INDU AS51IT AS51MATL AS51PROP AS51TELE AS51UTIL AS52 AS26 AS31 AS34 AS25 AS52XMM AS38 AS30 AS30XGD Reuters RIC Primary Exchange: Exchange Traded Fund Name.AXJO ASX: streetTRACKS S&P/ASX 200 Fund.AXDJ.AXSJ.AXEJ.AXFJ.AXXJ.AXHJ.AXNJ.AXIJ.AXMJ.AXPJ ASX: streetTRACKS S&P/ASX 200 Listed Property Fund.AXTJ.AXUJ.AXKO.ATLI.AFLI ASX: streetTRACKS S&P/ASX 50 Fund.ATOI.AXMM.AXSO.AORD.AXGD ETF Ticker STW AU

SLF AU

SFY AU
Australian Indices continued
Standard & Poor's Index Name S&P/ASX All Australian 50 S&P/ASX All Australian 200 S&P/ASX 300 - Property Trusts S&P/ASX 300 - Financials x Property Bloomberg Currency Ticker AUD$ AS903 AUD$ AS904 AUD$ AS52PROP AUD$ AS52FNXP Reuters RIC Primary Exchange: Exchange Traded Fund Name.AXAF.AXAT.AXPK.AXXK ETF Ticker

Emerging Market Indices

Standard & Poor's Index Name S&P Select Frontier S&P Select Frontier Total Return S&P Select Frontier Net Return S&P/IFCG Extended Frontier 150 S&P/IFCG Extended Frontier 150 Total Return S&P/IFCG Extended Frontier 150 Net Return S&P BRIC 40 S&P BRIC 40 S&P BRIC 40 Net Total Return S&P BRIC 40 Net Total Return S&P Southeast Asia 40 Index S&P Southeast Asia 40 Index Total Return Currency US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ Reuters Bloomberg RIC Primary Exchange: Exchange Traded Fund Name Ticker SPSFP SPSFT SPSFN SPIFCXF SPIFCXFT SPIFCXFN SPPRBRIC.SPBRIC Amex: SPDR S&P BRIC 40 ETF SPPRBRIE.SPBRICE SPTRBRIC.SPBRICNTR SPTRBRIE.SPBRICENTR SPSEA4DP SPSEA4DT ETF Ticker

Shariah Indices

Standard & Poor's Index Name S&P 500 Shariah S&P Europe 350 Shariah S&P Japan 500 Shariah S&P/TOPIX 150 Shariah Index S&P/TOPIX 150 Shariah Index S&P/TOPIX 150 Shariah Index Total Return S&P/TOPIX 150 Shariah Index Total Return S&P Pan Asia Shariah S&P Pan Asia Shariah Total Return S&P/IFCI Large-MidCap Shariah S&P/IFCI Large-MidCap Shariah Total Return S&P GCC Shariah S&P GCC Shariah Total Return S&P GCC Shariah Investable S&P GCC Shariah Investable Total Return S&P Bahrain Shariah Index S&P Bahrain Shariah Index Total Return S&P Kuwait Shariah Index S&P Kuwait Shariah Index Total Return S&P Oman Shariah Index S&P Oman Shariah Index Total Return S&P Qatar Shariah Index S&P Qatar Shariah Index Total Return S&P Saudi Arabia Shariah Index S&P Saudi Arabia Shariah Index Total Return S&P U.A.E. Shariah Index S&P U.A.E. Shariah Index Total Return S&P Pan Arab Shariah Index S&P Pan Arab Shariah Index Total Return S&P Egypt Shariah Index S&P Egypt Shariah Index Total Return Bloomberg Currency Ticker US$ SPSHX US$ SPSHE US$ SPSHJ US$ SPSHTXU SPSHTX US$ SPSHTXUT SPSHTXT US$ SPSHAS US$ SPSHAST US$ SPSHEM US$ SPSHEME US$ SPSHG US$ SPSHGT US$ SPSHGI US$ SPSHGIT US$ SPSHBH US$ SPSHBHT US$ SPSHKW US$ SPSHKWT US$ SPSHOM US$ SPSHOMT US$ SPSHQA US$ SPSHQAT US$ SPSHSA US$ SPSHSAT US$ SPSHAE US$ SPSHAET US$ SPSHPA US$ SPSHPAT US$ SPSHEG US$ SPSHEGT Reuters RIC Primary Exchange: Exchange Traded Fund Name.SPXSH.SPESH.SPJSH.SPSHTXU.SPSHTX.SPSHTXUT.SPSHTXT.SPSHAS.SPSHAST.SPSHEM.SPSHEME ETF Ticker
.SPSHPA.SPSHPAT.SPSHEG.SPSHEGT
Shariah Indices continued
Standard & Poor's Index Name S&P Jordan Shariah Index S&P Jordan Shariah Index Total Return S&P Lebanon Shariah Index S&P Lebanon Shariah Index Total Return S&P Morocco Shariah Index S&P Morocco Shariah Index Total Return S&P Tunis Shariah Index S&P Tunis Shariah Index Total Return S&P/Citigroup Global Property Shariah Index S&P/Citigroup Global Property Shariah Index Total Return S&P/Citigroup World Property Shariah Index S&P/Citigroup World Property Shariah Index Total Return S&P Global Healthcare Shariah S&P Global Healthcare Shariah Total Return S&P Global Infrastructure Shariah S&P Global Infrastructure Shariah Total Return S&P BRIC Shariah S&P BRIC Shariah Total Return S&P World LargeCap Shariah S&P World LargeCap Shariah S&P World LargeCap Shariah Total Return S&P World LargeCap Shariah Total Return S&P World SmallCap Shariah S&P World SmallCap Shariah S&P World SmallCap Shariah Total Return S&P World SmallCap Shariah Total Return S&P UK Shariah S&P UK Shariah S&P UK Shariah Total Return S&P UK Shariah Total Return Currency US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ Bloomberg Ticker SPSHJO SPSHJOT SPSHLE SPSHLET SPSHMA SPSHMAT SPSHTU SPSHTUT SPSHGU SPSHGUT SPSHWU SPSHWUT SPSHGH SPSHGHT SPSHIF SPSHIFT SPSHBR SPSHBRT SPSHLCUP SPSHLCEP SPSHLCUT SPSHLCET SPSHSCUP SPSHSCEP SPSHSCUT SPSHSCET SPSHUKUP SPSHUKEP SPSHUKUT SPSHUKET Reuters RIC Primary Exchange: Exchange Traded Fund Name.SPSHJO.SPSHJOT.SPSHLE.SPSHLET.SPSHMA.SPSHMAT.SPSHTU.SPSHTUT.SPSHGU.SPSHGUT.SPSHWU.SPSHWUT.SPSHGH.SPSHGHT.SPSHIF.SPSHIFT.SPSHBR.SPSHBRT ETF Ticker

Fixed Income Indices

Standard & Poor's Index Name S&P Bond Index - Broad Market Composite S&P Bond Index - Long Term Composite S&P Bond Index - Medium Term Composite S&P Bond Index - Short Term Composite S&P Bond Index - Broad Market All Corporates S&P Bond Index - Broad Market Composite Total Return S&P Bond Index - Long Term Composite Total Return S&P Bond Index - Medium Term Composite Total Return S&P Bond Index - Short Term Composite Total Return S&P Bond Index - Broad Market All Corporates Total Return S&P/CITIC Composite Bond Index S&P/CITIC Corporate Bond Index S&P/CITIC Inter-Bank Bond Index S&P/CITIC Government Bond Index S&P/CITIC Convertible Bond Index S&P National Municipal Bond Index S&P National Municipal Bond Index Total Return S&P California Municipal Bond Index S&P California Municipal Bond Index Total Return S&P New York Municipal Bond Index S&P New York Municipal Bond Index Total Return Currency CN$ CN$ CN$ CN$ CN$ CN$ CN$ CN$ CN$ CN$ Bloomberg Ticker STBXBMPR STBXLTPR STBXMTPR STBXSTPR STBXACPR STBXBMTR STBXLTTR STBXMTTR STBXSTTR STBXACTR Reuters RIC Primary Exchange: Exchange Traded Fund Name.STBXBM.STBXLT.STBXMT.STBXST.STBXBMAC.STBXBM.STBXLT.STBXMT.STBXST.STBXBMAC ETF Ticker
US$ SPMUNUS US$ SPMUNUST US$ SPMUNCA US$ SPMUNCAT US$ SPMUNNY US$ SPMUNNYT
.SPMUNUS.SPMUNUST Amex: iShares S&P National Municipal Bond Fund.SPMUNCA.SPMUNCAT Amex: iShares S&P California Municipal Bond Fund.SPMUNNY.SPMUNNYT Amex: iShares S&P New York Municipal Bond Fund

MUB CMF NYF

Alternative Indices Real Estate
Standard & Poor's Index Name S&P/Citigroup World Property ex U.S. Index S&P/Citigroup World Property Index S&P/Citigroup EPAC Property Index S&P/Citigroup Europe Property Index S&P/Citigroup Eurozone Property Index S&P/Citigroup Asia Pacific Property Index S&P/Citigroup North America Property Index S&P/Citigroup World REIT Index S&P/Citigroup World REIT Index Total Return S&P/Citigroup World REIT Index S&P/Citigroup World REIT Index Total Return S&P Global Property 40 Index S&P Global Property 40 Index S&P Global Property 40 Index Total Return S&P Global Property 40 Index Total Return S&P/Case-Shiller Home Price U.S. National S&P/Case-Shiller Home Price Boston S&P/Case-Shiller Home Price Chicago S&P/Case-Shiller Home Price Denver S&P/Case-Shiller Home Price Las Vegas S&P/Case-Shiller Home Price Los Angeles S&P/Case-Shiller Home Price Miami S&P/Case-Shiller Home Price New York S&P/Case-Shiller Home Price San Diego S&P/Case-Shiller Home Price San Francisco S&P/Case-Shiller Home Price Washington, D.C. S&P/Case-Shiller Home Price Composite of 10 S&P/Case-Shiller Home Price Atlanta S&P/Case-Shiller Home Price Charlotte S&P/Case-Shiller Home Price Cleveland S&P/Case-Shiller Home Price Dallas S&P/Case-Shiller Home Price Detroit S&P/Case-Shiller Home Price Minneapolis S&P/Case-Shiller Home Price Phoenix S&P/Case-Shiller Home Price Portland S&P/Case-Shiller Home Price Seattle S&P/Case-Shiller Home Price Tampa S&P/Case-Shiller Home Price Composite of 20 S&P/GRA Commercial Real Estate National S&P/GRA Commercial Real Estate Apartments S&P/GRA Commercial Real Esate Office S&P/GRA Commercial Real Estate Retail S&P/GRA Commercial Real Esate Warehouse S&P/GRA Commercial Real Estate Desert Mountain West S&P/GRA Commercial Real Esate Mid-Atlantic South S&P/GRA Commercial Real Estate Midwest S&P/GRA Commercial Real Esate Northeast S&P/GRA Commercial Real Estate Pacific West Currency Bloomberg Ticker SPBMWUU SPBMWDU SPBMEPU SPBMEUU SPBMEZU SPBMAPU SPBMNAU US$ SREIT US$ SREITTR SREITJ SREITTRJ US$ SPP4GDP SPP4GEP US$ SPP4GDT SPP4GET US$ SPCSUSA US$ SPCSBOS US$ SPCSCHI US$ SPCSDEN US$ SPCSLV US$ SPCSLA US$ SPCSMIA US$ SPCSNY US$ SPCSSD US$ SPCSSF US$ SPCSWDC US$ SPCS10 US$ SPCSATL US$ SPCSCHAR US$ SPCSCLE US$ SPCSDAL US$ SPCSDET US$ SPCSMIN US$ SPCSPHX US$ SPCSPORT US$ SPCSSEA US$ SPCSTMP US$ SPCS20 US$ SPXCUS US$ SPXCUSAP US$ SPXCUSOF US$ SPXCUSRE US$ SPXCUSWA US$ SPXCUSDM US$ SPXCUSMS US$ SPXCUSMW US$ SPXCUSNE US$ SPXCUSPW Reuters RIC Primary Exchange: Exchange Traded Fund Name ETF Ticker

.SPP4GDP.SPP4GEP.SPP4GDT.SPP4GET.SPCSUSA.SPCSBOS.SPCSCHI.SPCSDEN.SPCSLV.SPCSLA.SPCSMIA.SPCSNY.SPCSSD.SPCSSF.SPCSWDC.SPCS10.SPCSATL.SPCSCHAR.SPCSCLE.SPCSDAL.SPCSDET.SPCSMIN.SPCSPHX.SPCSPORT.SPCSSEA.SPCSTMP.SPCS20
Alternative Indices Commodity
Standard & Poor's Index Name S&P GSCITM Spot Index S&P GSCI Excess Return Index S&P GSCI Total Return Index Bloomberg Currency Ticker US$ SPGSCI US$ SPGSCIP US$ SPGSCITR Reuters RIC Primary Exchange: Exchange Traded Fund Name.SPGSCI.SPGSCIP.SPGSCITR NYSE: iShares S&P GSCI Commodity Indexed Trust NYSE: iPath S&P GSCI Total Return Index ETN SWX: EasyETF GSCI.SPGSFI.SPGSCLTR NYSE: iPath S&P GSCI Crude Oil Total Return Index ETN.SPGSLETR.SPGSNETR FSE: EasyETF S&P GSNETM.SPGSRETR.SPGSUETR Milan: EasyETF S&P GSCI Ultra Light Energy.SPGSALTR FSE: EasyETF S&P GSALTM ETF Ticker
GSG GSP US GSCIUSD SW OILIV GSNEEUR GR GSUEUR GSALEUR
S&P GSCI Future Price Index S&P GSCI Crude Oil Index Total Return S&P GSCI Light Energy Index Total Return S&P GSCI Non-Energy Total Return S&P GSCI Reduced Energy Index Total Return S&P GSCI Ultra-Light Energy Index Total Return S&P GSCI Agricultural & LiveStock Index Total Return
US$ US$ US$ US$ US$ US$ US$
SPGSFI SPGSCLTR SPGSLETR SPGSNETR SPGSRETR SPGSUETR SPGSALTR
Alternative Indices Other
Standard & Poor's Index Name S&P Composite Spreads S&P MLP Index S&P U.S. Preferred Stock Index S&P U.S. Preferred Stock Index Total Return S&P Listed Private Equity Index S&P Listed Private Equity Index Total Return S&P Listed Private Equity Index S&P Listed Private Equity Index Total Return S&P/TSX Preferred Share Index S&P/TSX Canadian Dividend Aristocrats S&P/TSX Canadian Dividend Aristocrats Total Return Currency US$ US$ US$ US$ US$ CN$ CN$ CN$ Bloomberg Ticker SPMLP SPPREF SPPREFTR SPLPEQPR SPLPEQTR SPLPEQTE SPLPETRE TXPR SPTXDV SPTXDVT Reuters RIC Primary Exchange: Exchange Traded Fund Name.SPMLP Amex: iShares S&P Preferred Stock ETF.SPLPEQPR LSE: iShares S&P Listed Private Equity Index Fund.SPLPEQTR.SPLPEQTE.SPLPETRE.GSPTXPR TSX: Claymore S&P/TSX CDN Preferred Share ETF.GSPTXDV.GSPTXDVT PFF IPRV LN ETF Ticker

CPD CN

Strategy Indices
Standard & Poor's Index Name S&P 500 130/30 Strategy Index S&P 500 130/30 Strategy Index Net Return S&P 500 130/30 Strategy Index Total Return S&P All STARS Europe Basket S&P All STARS Europe Basket S&P All STARS Europe Basket Total Return S&P All STARS Europe Basket Total Return S&P All STARS U.S. Basket S&P All STARS U.S. Basket S&P All STARS U.S. Basket Total Return S&P All STARS U.S. Basket Total Return S&P All STARS Asia Basket S&P All STARS Asia Basket Total Return S&P All STARS Asia Basket S&P All STARS Asia Basket Total Return S&P Europe STARS Index S&P Europe STARS Index S&P U.S. STARS Index S&P U.S. STARS Index Citigroup S&P Global STARS Custom Index S&P Dividend Growth U.S. Basket Total Return S&P Dividend Growth U.S. Basket S&P Dividend Growth Europe Basket S&P Dividend Growth Europe Basket Total Return Currency US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ Bloomberg Ticker SPSLUSD SPSLUSDN SPSLUSDT SPALSTEU SPALSEDP SPALSEER SPALSEDR SPALSTUS SPALSUEP SPALSUDR SPALSUER SPALADP SPALADT SPALAEP SPALAET SPSREUEU SPSREU SPSRUSEU SPSRUS SPDGUDT SPDGUDP SPDGEEP SPDGEET Reuters RIC Primary Exchange: Exchange Traded Fund Name.SPSLUSD.SPSLUSDN.SPSLUSDT ETF Ticker

.SPSREUEU.SPSREU.SPSRUSEU.SPSRUS
Strategy Indices continued
Standard & Poor's Index Name S&P Pan Asia 50 High Dividend Index S&P Pan Asia 50 High Dividend Index Total Return S&P Dynamic Multi-Asset Strategy Index S&P Dynamic Multi-Asset Strategy Index S&P World Dynamic Strategy Index Total Return S&P World Dynamic Strategy Index S&P World Dynamic Strategy Index Total Return S&P World Dynamic Strategy Index S&P Pure Style Strategy Index S&P Pure Style Strategy Index Total Return S&P Pure Style Strategy Index S&P Pure Style Strategy Index Total Return S&P Global Challengers 40 S&P Global Challengers 40 S&P Global Challengers 40 Total Return S&P Global Challengers 40 Total Return S&P Global Dividend Opportunities Index S&P Global Dividend Opportunities Index Total Return S&P International Dividend Opportunities Index S&P International Dividend Opportunities Index Total Return Currency US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ Bloomberg Reuters Ticker RIC Primary Exchange: Exchange Traded Fund Name SPA5HDP SPA5HDT SPDMAS SPDMASUS SPWDGDT SPWDGDP SPWDGET SPWDGEP SPGVUDP SPGVUDT SPGVUEP SPGVUET SPGLC4DP SPGLC4EP SPGLC4DT SPGLC4ET SPGTGDO.SPGTGDO SPGTGDOT.SPGTGDOT SPGTDOU.SPGTDOU SPGTDOUT.SPGTDOUT ETF Ticker
Strategy Indices Arbitrage
Standard & Poor's Index Name S&P 500 Volatility Arbitrage Index S&P 500 Volatility Arbitrage Index Total Return S&P Currency Arbitrage Index S&P Long Only Merger Arbitrage Index Currency US$ US$ US$ US$ Bloomberg Ticker SPARBV SPARBVT SPARBC SPARBM Reuters RIC Primary Exchange: Exchange Traded Fund Name.SPARBV.SPARBVT.SPARBC.SPARBM ETF Ticker
Strategy Indices Select Plus
Standard & Poor's Index Name S&P Europe Select Plus Custom Index Total Return S&P U.S. Select Plus Custom Index Total Return Currency US$ Bloomberg Ticker SPSPETR SPSPUTR Reuters RIC Primary Exchange: Exchange Traded Fund Name ETF Ticker

S&P JAPANESE INDICES

INDEX METHODOLOGY

April 2008

Table of Contents

Introduction

Partnership Highlights Index Family Representation

Eligibility Criteria

Index Eligibility Eligibility Factors Timing of Changes

Index Construction

Approaches

Index Maintenance

Rebalancing Corporate Actions Currency of Calculation Exchange Rate Base Date Investable Weight Factor (IWF) Total Return Index

Index Governance

Index Committee

Index Policy

Announcements Holiday Schedule Recalculation Policy Index Precision
Standard & Poors: S&P Japanese Indices

Index Dissemination

Tickers FTP
S&P Contact Information
Index Management Index Operations & Business Development

Disclaimer

Standard & Poors indices are liquid, tradable, easily replicable and global in scope. Standard & Poors global indices are real-time market capitalization-weighted indices that include the largest and the most liquid stocks from around the world. The S&P Japan 500 index, consisting of the S&P/TOPIX 150, the S&P Japan MidCap 100, and the S&P Japan SmallCap 250, covers approximately 88% of Japanese equity market capitalization. Partnership Standard & Poors and the Tokyo Stock Exchange together created the S&P/TOPIX 150 index, which is a real-time, float adjusted index. Highlights S&P Japan 500 is an index drawn from the Japanese equity markets. It is designed for investors seeking broad market exposure through an index that is efficient to replicate. The 500 constituents are all leading companies from the Japanese equity markets and from each of the 10 sectors of the Global Industry Classification Standard (GICS). Each stock is analyzed for size and liquidity. Index Family Each component index of the S&P Japan 500 index has its own distinct evolution and history, but all feature a consistent methodology. The members of this family of indices include the S&P/TOPIX 150, the S&P Japan MidCap 100, and the S&P Japan SmallCap 250. S&P/TOPIX 150. The index includes highly liquid securities selected from each major sector of the Tokyo market. S&P/TOPIX 150 is made up of leading companies from leading industries, and not by the size of the company. The index constituents are derived from a universe of eligible companies listed on the Tokyo Stock Exchange. S&P Japan MidCap 100. The index is float adjusted, covering the mid cap segment of the Japanese equities market. The index constituents are derived from a universe of eligible companies listed on the Tokyo, Osaka or JASDAQ exchanges. As a guideline, to be eligible for inclusion in the S&P Japan MidCap 100, the constituent size should range between JPY 100 billion and JPY 500 billion in unadjusted market capitalization.
S&P Japan SmallCap 250. The index is float adjusted, covering the small cap segment of the Japanese equities market. The index constituents are derived from a universe of eligible companies listed on the Tokyo, Osaka or JASDAQ exchanges. As a guideline, to be eligible for inclusion in the S&P Japan SmallCap 250, the constituent size should fall below JPY 100 billion in unadjusted market capitalization. Representation The S&P Japan 500 index mirrors the sector weights of the broader universe of stocks from the Japanese markets. This policy ensures that, with 500 stocks, investors are approximating the sectors within the country.

S&P Japan 500 offers investors exposure to the most liquid stocks from the Japanese equity markets. The index is designed to provide investors with a tradable and easily replicable snapshot of investable Japan. The 500 stocks have been selected on the basis of their size, liquidity, and sector representation. Standard &Poors global indices are constructed with a fixed number of constituents. The aim is not to replicate a fixed percentage of the market capitalization, but to design a highly liquid and tradable index whose total market capitalization is large enough to approximate the market segment it is capturing while keeping the number of stocks at a minimum. This creates a highly cost-effective, easily replicable trading instrument that provides an excellent barometer of the markets performance. The fixed number of stocks also ensures minimum turnover as changes are made due to corporate activity or a reduction in a stocks size or liquidity that makes it ineligible for inclusion. Index Eligibility The index constituents are drawn from a universe of stocks representing approximately 88% of the market capitalization of the Japanese equity markets. Eligibility Factors Market Capitalization. S&P Japan 500 is designed to include liquid investable stocks from the Japanese markets. Market capitalization is a key criterion for stock selection. Stocks are included if they fall within the appropriate market cap range for their representative index. S&P/TOPIX 150 is made up of leading companies from leading industries, and does not have specific market cap criterion. As a guideline, a candidates unadjusted market capitalization should range between JPY 100 billion and JPY 500 billion and fall below JPY 100 billion to be eligible for inclusion in the S&P Japan MidCap 100 and the S&P Japan SmallCap 250, respectively. The market capitalization of a potential addition to an index is looked at in the context of its short- and medium-term historical trends, as well as those of its industry. These ranges are reviewed from time to time to assure consistency with market conditions. A stocks weight in an index is determined by the float-adjusted market capitalization of the stock. All strategic holdings are classified as either corporate, private or government holdings and are removed from the float-adjusted market capitalization.
Due to the high level of strategic-ownership in Japanese companies, constituents are float-adjusted to adequately reflect the investable market. In Japan, all holdings by the top 10 shareholders of each company are excluded. Please refer to the Investable Weight Factor section for details. Liquidity. Index constituents are ranked according to liquidity, measured by dollar value traded. Annual value traded, float turnover and days traded are also analyzed on a monthly basis to ensure ample liquidity. Domicile. The stock has to be listed on a stock exchange in Japan. The company has to be established in Japan. Eligible Securities. All common and preferred shares (which are of an equity and not of a fixed income nature) are eligible for inclusion in the Standard & Poors indices. Convertible stock, bonds, warrants, rights, and preferred stock that provide a guaranteed fixed return are not eligible. Sector Classification. Stocks are classified by the Global Industry Classification Standard (GICS). Standard & Poors global indices provide geographic and economic balance over the 10 GICS Sectors. These sectors, consistent throughout all the Standard & Poors indices, are Consumer Discretionary, Consumer Staples, Energy, Financials, Health Care, Industrials, Information Technology, Materials, Telecommunication Services and Utilities. Timing of Changes Additions. An index addition generally is made only if a vacancy is created by an index deletion. Index additions are made according to market size and liquidity, with a view to preserving sector representation in the index. Deletions. Deletions can occur due to acquisitions, mergers and spin offs or due to bankruptcies or suspension. Companies may also be removed when they no longer represent the market.

Approaches S&P Japan 500 is calculated using a base-weighted aggregate methodology. That means the level of an index reflects the total market value of all the component stocks relative to a particular base period. The total market value of a company is determined by multiplying the price of its stock by the number of shares available after float adjustment. An indexed number is used to represent the result of this calculation in order to make the value easier to work with and track over time. It is much easier to graph a chart based on indexed values than one based on actual market values. The index is calculated in real time. On any given day, the index value is the quotient of the total available market capitalization of the indexs constituents and its divisor. Continuity in index values is maintained by adjusting the divisor for all changes in the constituents share capital after the base date. This includes additions and deletions to the index, rights issues, share buybacks and issuances, spin-offs, and adjustments in availability. The divisors time series is, in effect, a chronological summary of all changes affecting the base capital of the index. The divisor is adjusted such that the index value at an instant just prior to a change in base capital equals the index value at an instant immediately following that change. Please refer to the Index Mathematics document for details on index level calculation.
Changes in the index level should reflect changes in the total market capitalization of the index that are caused by price movements in the market. They should not reflect changes in the market capitalization of the index, or of the individual stocks, that are caused by corporate actions such as dividend payments, stock splits, distributions to shareholders, mergers, or acquisitions. When a corporate action affects the price of a security such as when the price drops on a special distribution ex-date the price of the security is adjusted to reflect the ex-date and the index divisor is adjusted to offset any change in the total market value of the index. When a stock is replaced by another stock, the index divisor is adjusted so that the change in index market value that results from the addition or deletion does not change the index level. Please refer to the Index Mathematics document for mathematical formulae and tables defining specific corporate actions. Rebalancing All share changes of 5% and over are done at the effective date, or as soon as reliable information is available. Changes of less than 5% are applied on the third Friday of March, June, September and December. The rebalancing for Investable Weight Factors (IWFs) take place once a year, on the third Friday of September, unless there is a significant corporate event that will affect more than 5% of the companys shares. IWFs are also adjusted on the ex-date when a private placement takes place. Corporate Actions Maintaining the S&P Japan 500 index includes monitoring and completing the adjustments for company additions and deletions, share changes, stock splits, stock dividends, and stock price adjustments due to restructurings or spin-offs. Some corporate actions, such as stock splits and stock dividends, require simple changes in the common shares outstanding and the stock prices of the companies in the index. Other corporate actions, such as share issuances, change the market value of an index and require an index divisor adjustment to prevent the value of the index from changing.

Adjusting the index divisor for a change in market value leaves the value of the index unaffected by the corporate action. This helps keep the value of the index accurate as a barometer of stock market performance, and ensures that the movement of the index does not reflect the corporate actions of the companies in it. Divisor adjustments are made after the close of trading and after the calculation of the closing value of the index. Any change in the index divisor also affects the corresponding sub-indices and divisors. Each sub-index is maintained in the same manner as the headline index. Corporate actions such as splits, stock dividends, spin-offs, rights offerings, and share changes are applied on the ex-date. Please refer to the Index Mathematics document for a summary of index maintenance adjustments. Currency of Calculation S&P Japan 500, S&P Japan MidCap 100, and S&P Japan SmallCap 250 are all calculated in Japanese Yen. The S&P/TOPIX 150 is calculated in Japanese Yen and U.S. dollars. Exchange Rate Real-time spot Forex rates, as supplied by Reuters, are used for ongoing index calculation. The end-of-day value of the index is calculated using the real-time spot exchange rate provided by Reuters at the time the index is closed. Base Date The index has a base date of December 31, 1997, which is when the calculation began. Its own history has been calculated back to December 30, 1992. Investable Weight Factor (IWF) Investable Weight Factor = 1 Sum of the % held by 10 major shareholders All issues in the S&P Japan 500 are assigned a float factor, called an Investable Weight Factor (IWF). The IWF ranges between 0 and 1 and is an adjustment factor that accounts for the publicly available shares of a company. The companys adjusted market capitalization determines an equity issues relative weight in the index. Standard & Poor's identifies the following shareholders whose holdings are considered to be control blocks and are subject to float adjustment: 1. Holdings by banks and trust banks (excludes account in trust or pension funds) 2. Holdings by insurance companies 3. Holdings by current or former officers and directors of the company, founders of the company, or family trusts of officers, directors or founders. 4. Holdings by other publicly traded corporations, venture capital firms, private equity firms, strategic partners or leveraged buy-out groups. 5. Holdings by shareholders whose shares have not changed in over two years.

Standard & Poors: S&P Japanese Indices 9
Exceptions to the Rule: Holdings by investors whose interests are not strategic in nature but are for investment purposes will be ignored completely. These include mutual funds, pension funds, and other institutional investors. It is common for domestic and international fund managers to have exposures in companies that put them in the category of block owners by most definitions. However, the nature of the funds management business is plainly to buy and sell shares when there is value in doing so, and not to seek control or remove shares from circulation. Ordinarily these shares are considered part of float. Total Return Index Both a price return and a total return series are calculated. Gross cash dividends are applied on the ex-date of the dividend.
Index Committee Each of Standard & Poors global indices is the responsibility of an Index Committee that monitors overall policy guidelines and methodologies, as well as additions and deletions to these indices. The Index Committee is composed of Standard & Poors staff specialized in the various regional equity markets. In some cases, regional committees include non-Standard & Poors staff as minority members. It is the sole responsibility of the Index Committee to decide on all matters relating to methodology, maintenance, constituent selection and index procedures. The Index Committee makes decisions based on all publicly available information, and Index Committee discussions are kept confidential to avoid any unnecessary impact on market trading. As the number of stocks in Standard & Poors global indices is fixed, changes in the index are generally driven by corporate activity or the inability of a stock to reflect the market due to a large change in size or liquidity. This minimizes turnover, as changes are not based on small changes in size that cross some arbitrarily defined thresholds.
Announcements All corporate actions that reflect changes to index constituents are normally announced five days ahead of the effective date. These announcements are posted on the Web site and sent to clients by email. Quarterly changes are also announced five days before the ex-date. All corporate actions are announced via Standard & Poors Index Services Web site at www.indices.standardandpoors.com. Holiday Schedule The S&P Japan 500 is calculated on all business days. A complete holiday schedule for the year is available on the Standard & Poors Index Services Web site at www.indices.standardandpoors.com Recalculation Policy Standard & Poors attempts to avoid incorrect data that affects the indices on a bestefforts basis. Incorrect share calculations, corporate actions, and exchange rates are corrected immediately. Index Precision The level of precision for index calculation is as follows: Index values are published rounded to two decimal places. Shares outstanding are expressed in units. Investable Weight Factors (IWF) are rounded to two decimal places except for the IWF changes due to a private placement. Index values are calculated to six decimal places.

Market-sensitive announcements, including the additions or deletions of stocks in index, are normally made when markets are closed. In general, announcements are made at 04:15 PM Eastern Time. Tickers Daily index values, corporate actions, index weights and portfolios can be received via Standard & Poors FTP site. Additionally, daily index values can be viewed on Bloomberg and Reuters. The tickers are as below: Index (Price Return) S&P Japan 500 S&P/TOPIX 150 S&P Japan MidCap 100 S&P Japan SmallCap 250 FTP Daily stock level and index data is available via FTP on subscription. For further information, please refer to Standard & Poors Index Services Web site at www.indices.standardandpoors.com. Bloomberg SPJ500 SPTPX SJP250 Reuters.SPJ.SPTPX.SPJMID.SPJSML
Index Management David M. Blitzer, Ph.D. Managing Director & Chairman of the Index Committee david_blitzer@standardandpoors.com +1.212.438.3907 Seiichiro Uchi Vice President seiichiro_uchi@standardandpoors.com +813.3593.8568 Index Operations & Business Development North America New York Maureen OShea Wendy Chan Toronto Tony North Europe Paris Christopher OBrien London Susan Fagg Asia Tokyo Seiichiro Uchi Beijing Andrew Webb Sydney Jason Hill
+1.212.438.2046 +1.212.438.4080 +1.416.507.3204
+33.1.40.75.77.91 +44.20.7176.8388
+813.3593.8568 +86.10.6535.2919 +61.2.9255.9872
The report is published by Standard & Poors, 55 Water Street, New York, NY 10041. Copyright 2006. Standard & Poors is a division of The McGraw-Hill Companies, Inc. All rights reserved. Standard & Poors does not undertake to advise you of changes in the information contained in this report. These materials have been prepared solely for informational purposes based upon information generally available to the public from sources believed to be reliable. Standard & Poors makes no representation with respect to the accuracy or completeness of these materials, the content of which may change without notice. The methodology involves rebalancings and maintenance of the indices that are made periodically during each year and may not, therefore, reflect real time information. Standard & Poors disclaims any and all liability relating to these materials and makes no express or implied representations or warranties concerning the accuracy or completeness of the report. No portion of this publication may be reproduced in any format or by any means including electronically or mechanically, by photocopying, recording or by any information storage or retrieval system, or by any other form or manner whatsoever, without the prior written consent of Standard & Poors. Analytic services and products provided by Standard & Poors are the result of separate activities designed to preserve the independence and objectivity of each analytic process. Standard & Poors has established policies and procedures to maintain the confidentiality of non-public information received during each analytic process.