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DnB NOR ASA Will Replace Electrabel SA In The S&P European Indices

Date 15/11/2005

Standard & Poor’s will make the following changes in the S&P Europe 350, S&P Euro Plus and S&P Euro Indices, effective at the close of trading on Thursday 17th November 2005:
  • DnB NOR ASA (Norway, SEDOL 4263304, GICS: Financials, GICS Code: 40101010) will replace Electrabel SA (Belgium, SEDOL 4294791) in the S&P Europe 350 and S&P Euro Plus indices, after the close of trading on Thursday 17th November 2005. Electrabel SA is being deleted from the S&P Europe 350, S&P Euro Plus and S&P Euro indices following the tender offer by fellow S&P Europe 350 constituent, SUEZ SA who now owns 97.16% of Electrabel shares.
DnB NOR ASA is Norway’s largest financial services group. The number of shares outstanding is 1,336,874,898, and the Investable Weight Factor will be 0.5506. The company will be added to the S&P Europe 350 GICS (Global Industry Classification Standard) Diversified Banks sub-industry.

Following is a summary of the announced changes:

S&P Europe 350, S&P Euro Plus , S&P Euro– close of trading 17 November 2005
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED DnB NOR Financial Diversified Banks
DELETED Electrabel SA Utilities Electric Utilities

About Standard & Poor’s

Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With approximately 6,300 employees located in 20 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com.

About McGraw-Hill Companies:

Founded in 1888, The McGraw-Hill Companies is a global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, BusinessWeek and McGraw-Hill Education. The Corporation has more than 322 offices in 33 countries. Sales in 2003 were $4.8 billion. Additional information is available at www.mcgraw-hill.com

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