Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Bolsa De Madrid: IGBM Index New Composition For Second Half 2004

Date 24/06/2004

The Indice General de la Bolsa de Madrid (IGBM) Management Committee has decided, in accordance with technical provisions for the composition, calculation and sectorial division of the IGBM index family, to approve the composition of the IGBM and Indice Total indices for the second half of 2004.

The index is to add 4 stocks while 1 other is to leave the index. Therefore the IGBM will now contain 109 stocks.

The index new composition is as follows:

Stocks excluded from the index:
Montebalito

New stocks included in the index
Indo Internacional
Lingotes especiales
Fadesa
Telecinco

Definitive weightings of sectors, sub-sectors and stocks will be accessible through the Bolsa de Madrid website (www.bolsamadrid.es), at the close of the trading session on 29 June 2004.

INDEX COMPOSITION FOR SECOND HALF 2004

Sector: Consumer Goods

Ebro Puleva
Campofrio
Viscofan
Sos Cuetara
Pescanova
Natra
Puleva Biotech
Natraceutical
Subsector: Beverages and Tobacco
Altadis
Baron de Ley
Subsector: Retail Trade
Aldeasa
Service Point Solutions
Subsector: Textile and Shoes
Cortefiel
Tavex Algodonera
Dogi
Adolfo Domínguez
Inditex
Subsector: Other Consumer Goods
Faes Farma
Vidrala
Zeltia
Indo Internacional

Sector: Capital Equipment and Intermediate Items

Subsector: Manufacturing and Assembly of Capital Equipment
Zardoya Otis
Azkoyen
Duro Felguera
Construcciones y Auxiliar Ferrocarril (C.A.F.)
Mecalux
Gamesa
EADS
Elecnor
Subsector: Metal
Arcelor
Acerinox
Cie Automotive
Tubacex
Española del Zinc
Tubos Reunidos
Lingotes especiales
Subsector: Building Materials
Cementos Portland
Uralita
Subsector: Paper, Wood and Chemicals
Grupo Empresarial Ence
Iberpapel Gestión
Ercros
Miquel y Costas
La Seda de Barcelona
Sniace
Papeles y Cartones de Europa
Tafisa

Sector: Energy

Subsector: Power
Endesa
Iberdrola
Unión Fenosa
Red Eléctrica de España
Subsector: Petrol, Gas and Other Sources
Gas natural
Repsol
Cepsa
Enagas
Hullas del Coto Cortes.

Sector: Construction

Subsector: Construction
Fomento de Construcciones y Contratas
Acciona
Grupo Ferrovial
Acs Actividades Const. Y Servicios
Obrascon Huarte Lain
Sacyr Vallehermoso

Sector: Financial Services

Subsector: Banking
BBVA
B.Santander Central Hispano
Bankinter
Banco Pastor
Banco de Andalucia
Banco de Valencia
Banco Guipuzcoano
Banco Popular Español
Banco de Sabadell
Banco Español de Crédito
Subsector: Insurance
Corporación Mapfre
Grupo Catalana Occidente
Subsector: Portfolio and Holdings
Corporación Financiera Alba
Dinamia Capital Privado
Tecnocom
Unipapel

Sector: Communications and Data Services

Subsector: Telecoms
Telefónica
Telefónica Móviles
Jazztel
Subsector: Telematics And Software
Indra
Amper
Terra Networks
Subsector: Advertising, Press And Radio / TV
Sogecable
Prisa
Recoletos grupo de comunicación
Telefónica Publicidad e información
Antena 3 TV
Telecinco

Sector: Market Services

Subsector: Leisure, Tourism and Catering
Sol Melia
NH Hoteles
Tele Pizza
Amadeus
Subsector: Transport and Distribution
Transportes Azkar
Logista
Iberia
Subsector: Car Parks and Highways
Abertis
Europistas
Subsector: Housing
Metrovacesa
Inmobiliaria Colonial
Inmobiliaria Urbis
Urbas
Grupo Inmocaral
Sotogrande
Fadesa
Subsector: Other Market Services
Prosegur
Funespaña
Abengoa
Aguas de Barcelona