CDS IndexCo And Dow Jones Indexes Announce The Final Composition Of Its New US Crossover Index

CDS IndexCo LLC and Dow Jones Indexes, publishers of the Dow Jones CDX family of credit derivative indexes, today announced the final composition for its newest index, the Dow Jones CDX US Crossover Index (Dow Jones CDX.NA.XO), which is scheduled to launch on September 20, 2005, concurrent with the roll of the Dow Jones CDX US Investment Grade and Dow Jones CDX Emerging Market indexes.

The Dow Jones CDX US Crossover Index will consist of 35 equally weighted US entities (listed below) or a 2.857% exposure to any name. The ratings required for inclusion are either (i) a crossover (5B) rating (i.e., a rating in the BBB/Baa rating category by one of S&P and Moody’s and in the BB/Ba rating category by the other), (ii) a 4B rating (i.e., a rating in the BB/Ba rating category by both S&P and Moody’s) or (iii) a rating in the BB/Ba rating category by one of S&P and Moody’s and no rating by the other.

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