FTSE Group confirms this evening that International Power will enter the FTSE 100 index and MyTravel Group will join the FTSE 250. Cairn Energy loses its place in the FTSE 100 and falls into the FTSE 250, while one newly eligible company joins the mid cap index – British Energy Group. Also joining the FTSE 250 index is Savills, which moves up from the FTSE SmallCap index. This means that Chrysalis Group, DX Services and Alba all fall from the FTSE 250 into the FTSE SmallCap.
The FTSE Europe, Middle East and Africa Regional Committee confirmed these results at its quarterly review meeting for the FTSE UK Index Series this afternoon. All the changes to the indices announced by FTSE Group today are effective after the close of business on Friday 18th March 2005.
Further information regarding the review of FTSE UK Index Series can be found on www.ftse.com/media_centre.
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