ZURICH, Switzerland, March 3, 2008 (PRIME NEWSWIRE) -- STOXX Ltd., the leading European index provider, today announced changes in the composition of its style indexes, the Dow Jones STOXX TMI Growth and Dow Jones STOXX TMI Value Indexes, its respective large, mid- and small sub-indexes as well as the respective indexes for the Euro zone, and in the Dow Jones STOXX NORDIC Select Dividend 20 Index.
The Dow Jones STOXX Style Indexes include three categories: growth, value and neutral. Effective with the opening of European markets on March 25, 2008 the number of components in the Dow Jones STOXX TMI Growth Index will increase to 397 from previously 378 components, and the number of components in the Dow Jones STOXX TMI Value Index will increase to 418 from 348 components while components in the neutral category will decrease to 253 from 324.
The three largest components measured by free-float market capitalization that will be added to the Dow Jones STOXX Growth Indexes are SIEMENS (Germany, Industrial Goods & Services, SI; SIE.XE), BHP BILLITON (U.K., Basic Resources, BHP; BHP.AU) and DIAGEO (U.K., Food & Beverages, DEO; DGE.LN).
The three largest companies measured by free-float market capitalization that will be added to the Dow Jones STOXX Value Indexes are UNICREDIT (Italy, Banks, UCG.MI; UNCFF), VIVENDI (France, Media, 12777.FR) and PHILIPS ELECTRONICS (Netherlands, Personal & Household Goods, PHE.YY).
No style reclassification from the growth to value and value to growth categories will be made in this review.
Reasons for component changes in the Dow Jones STOXX Growth and Value Indexes can be the change of style characteristics of an index component from growth to value or vice versa as well as addition of a component stock as the result of the stocks' Initial Public Offering (IPO).
The underlying component data -- new numbers of shares and free-float factors -- will be announced on March 18, 2008.
All changes above are the result of a regular semi-annual review and will be effective on March 25, 2008.
In the Dow Jones STOXX NORDIC Select Dividend 20 Index, Norsk Hydro (Norway, Basic Resources, NHYDY; NHY.OS) will replace FL Group (Iceland, Travel & Leisure, FL.IC). FL Group is being deleted from the Dow Jones STOXX NORDIC Select Dividend 20 Index due to the cancellation of its dividend payment.
The changes in the Dow Jones STOXX NORDIC Select Dividend 20 Index are being made due to markets circumstances and will be effective as of the open of trading on Thursday, March 6, 2008.
Further information, including the Dow Jones STOXX Index Guide and the complete component list of the Dow Jones STOXX TMI Style Indexes and Dow Jones STOXX Select Dividend Indexes, can be found on the STOXX Ltd. Web site at http://www.stoxx.com.
Disclaimer: Company additions and deletions do not in any way reflect an opinion on the investment merits of the company.
Journalists may e-mail questions regarding this press release to PR-Indexes@dowjones.com or contact Dow Jones Indexes/STOXX press office:
New York: +1-212-597-5720 Frankfurt: + 49-69-29-725-290
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