Dow Jones Indexes and STOXX September 2004 “Market’s Measure” - Preliminary Report: Dow Jones Industrial Average Posts 1.82% Loss In September, European Stocks Gain 2.02%, Asia Falls 3.06% And World Equities Fall By 0.25%

• Technology Sector Posts Biggest Gain for September in Europe
• Consumer, Noncyclical Sector Takes the Hardest Hit in U.S.

The U.S. blue-chip Dow Jones Industrial Average fell 1.82% in September, closing at 9988.54. Stock market indexes in Europe rose, while indexes in Asia fell and Globally indexes were down in September, according to preliminary monthly figures from global index providers, Dow Jones Indexes and STOXX Ltd.

(INDEX RESULTS ARE PRELIMINARY, BASED ON CLOSE OF US MARKETS AT 4:30PM, SEPTEMBER 27, 2004. PLEASE CONTACT DOW JONES/STOXX INDEXES FOR FINAL CLOSING VALUES.)

• The Dow Jones Industrial Average fell 1.82% in September, closing at 9988.54. Year-to-date the Average is down 4.45%. The last time the Average closed below 10,000 was August 17, 2004. (Index calculated in US dollars)

• Measuring Europe, the Dow Jones STOXX 50 index is up 2.02% for September, closing at 2673.08. Year-to-date, the index is up 0.48%. (Index calculated in Euros)

• The Dow Jones Asian Titans 50 index fell 3.06% in September to 103.58. So far this year, the index is down 1.9%. (Index calculated in US dollars)

• The Dow Jones Global Titans 50 worldwide blue-chip market index fell 0.25% in September, closing at 180.92. Year-to-date, the index is down 2.09%. (Index calculated in US dollars)

September 2004 Sector Winners and Losers

• In the U.S., the Energy sector was the biggest winner in September, posting a 7.61% gain. The Dow Jones Consumer, Noncyclical sector posted the biggest loss, dropping 4.73%.

• In Europe, the Dow Jones STOXX 600 Technology sector posted the biggest gain, climbing 7.74%. The Dow Jones STOXX 600 Travel & Leisure sector posted the biggest loss, falling 4.29%.

• Globally, the Automobiles sector led, rising 7.12% in the Dow Jones Sector Titans Index. The Dow Jones Energy sector fell 3.55%.

SEPTEMBER INDEXES THROUGH 09/27/04

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.

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.

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.