Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Annual Revision Of The BEL20® Index

Date 13/01/2005

The annual revision of the index does not result in changes in its composition. Based on the selection list of end December 2004, the BEL20® compiler has decided to update the weights of the index members. If no other exceptional event occurs in the meantime, the composition of the BEL20® -index basket will be:

Name old quantity new quantity valid as from 2/3/2005 difference difference in % weight on 31/12/2004
FORTIS 7,001 4,558 -2,443 -34.9% 15.00%
DEXIA 5,598 5,050 -548 -9.8% 13.82%
ELECTRABEL 174 203 +29 16.7% 10.78%
KBC 772 817 +45 5.8% 7.36%
BELGACOM 985 1,340 +355 36.0% 6.89%
DELHAIZE GROUP 589 694 +105 17.8% 6.28%
SOLVAY 403 470 +67 16.6% 6.16%
INBEV(EX.INTERBREW 1,097 1,278 +181 16.5% 5.90%
ALMANIJ 373 400 +27 7.2% 5.04%
GPE BRUXEL.LAMBERT 439 512 +73 16.6% 4.96%
UCB 695 649 -46 -6.6% 3.92%
AGFA-GEVAERT 445 716 +271 60.9% 2.89%
MOBISTAR 199 210 +11 5.5% 2.34%
COLRUYT 112 118 +6 5.4% 2.27%
UMICORE 161 189 +28 17.4% 2.11%
COFINIMMO-SICAFI 42 53 +11 26.2% 1.03%
BARCO 59 88 +29 49.2% 0.97%
BEKAERT 106 98 -8 -7.5% 0.93%
OMEGA PHARMA 134 156 +22 16.4% 0.89%
D'IETEREN 18 20 +2 11.1% 0.45%

This modification will be effective on Tuesday March 1, 2005 after trading hours, based on the closing prices of that day, the new divisors will also be announced that same day after trading hours. Attention, on 01/03/2005, a particular trading timetable will take effect that will be communicated at a later date.

During a revision of the BEL20® Index, some important price fluctuations took place in the past. Therefore, the Compiler advises all private and institutional investors to carefully follow their stock portfolio.

It has to be noticed that, if and when confirmed, the merger of KBC and Almanij, at a rate of 1,35 KBC share for 1 Almanij share, will lead to the replacement of the 400 Almanij shares in the basket by 540 additional KBC shares.

Please find attached the new selection list at 31/12/2004. According to the new rules, no share fulfils the minimum criteria to be included in the Bel20 index.