April 2005 “Market’s Measure” - Preliminary - A Monthly Report From Dow Jones Indexes And STOXX Ltd. On The Performance Of U.S., European And Other Global Stock Market Indexes

Health Care Sector Posts Biggest Gain for April in U.S., Europe & Worldwide Basic Materials Sector Takes the Hardest Hit in U.S.

The U.S. blue-chip Dow Jones Industrial Average fell 3.35% in April, closing at 10151.13. Stock market indexes in Europe fell, indexes in Asia fell and Globally indexes were down in April, according to preliminary monthly figures from global index providers, Dow Jones Indexes and STOXX Ltd.

(INDEX RESULTS ARE PRELIMINARY, BASED ON CLOSE OF U.S. MARKETS AT 4:30PM, APRIL 26, 2005. PLEASE CONTACT DOW JONES/STOXX INDEXES FOR FINAL CLOSING VALUES.)

• The Dow Jones Industrial Average fell 3.35% in April, closing at 10151.13. Year-to-date the Average is down 5.86%. (Index calculated in US dollars)
• Measuring Europe, the Dow Jones STOXX 50 index is down .96% for April, closing at 2838.62. Year-to-date, the index is up 2.30%. (Index calculated in Euros)
• Measuring Eastern Europe, the Dow Jones STOXX EU Enlarged Total Market index is down 2.52% for April, closing at 185.00. Year-to-date, the index is up 7.94%. (Index calculated in Euros). The performance of the Dow Jones STOXX EU Enlarged 15 index is down 1.96% for April, closing at 2004.33. Year-to-date, the index is up 9.03%. (Index calculated in Euros).
• The Dow Jones Asian Titans 50 index fell 2.71% in April to 113.63. So far this year, the index is down 5.51%. (Index calculated in US dollars)
• The Dow Jones Global Titans 50 worldwide blue-chip market index fell .86% in April, closing at 189.97. Year-to-date, the index is down 2.58%. (Index calculated in US dollars)

APRIL 2005 Sector Winners and Losers

• In the U.S., the Health Care sector was the biggest winner in April, posting a 2.00% gain. The Dow Jones Basic Materials sector posted the biggest loss, dropping 7.99%.
• In Europe, the Dow Jones STOXX 600 Health Care sector posted the biggest gain, climbing 5.15%. The Dow Jones STOXX 600 Automobiles & Parts sector posted the biggest loss, falling 7.38%.
• Globally, the Health Care sector led, rising 3.19% in the Dow Jones Sector Titans Index. The Dow Jones Automobiles & Parts sector fell 6.31%.

Dow Jones-AIG Commodity Index

• Measuring global commodities futures market, the Dow Jones-AIG Commodity index is down 2.70% for April, closing at 157.71%. Year-to-date, the index is up 8.31%. (Index calculated in US dollars)

APRIL INDEXES THROUGH 4/26/2005

The Dow Jones Industrial Average is the oldest and most widely quoted U.S. stock market index. The 30 stocks that make up the Industrial Average are major factors in and critical components of their respective industries.

The Dow Jones STOXX 50 is a European blue-chip index that includes 50 leading European stocks from 17 western European countries.

Dow Jones STOXX EU Enlarged Total Market index (TMI) is a European broad benchmark index. Dow Jones STOXX EU Enlarged 15 index is a European blue chip index. Both indexes measure the performance of the 10 new member states that joined the European Union in May 2004.

The Dow Jones Asian Titans 50 Index represents diversified coverage of the 50 biggest and best-known Asia/Pacific blue-chip companies from 10 countries.

The Dow Jones Global Titans 50 Index measures 50 blue-chip, globally oriented companies.

The Dow Jones-AIG Commodity Index (DJ-AIGCI) is designed to be a highly liquid and diversified benchmark for commodities investments. The DJ-AIGCI is composed of futures contracts on 19 physical commodities.

Dow Jones Indexes (www.djindexes.com) is part of Dow Jones & Co. (NYSE:DJ). STOXX Ltd. (www.STOXX.com) is a joint venture between Deutsche Boerse AG, Dow Jones & Company and SWX Swiss Exchange.