Dow Jones Indexes Licenses Dow Jones China 88 Index To Yinhua Fund Management Co., Ltd - The Deal Will Create The First Chinese Mutual Fund Based On The Dow Jones China 88 Index

Dow Jones Indexes, a leading global index provider, today announced it licensed the Dow Jones China 88 index to Yinhua Fund Management Co., Ltd., to be used as the underlying for an enhanced index fund, the Yinhua-Dow Jones China 88 Select Equity Fund. It is the first open-ended index fund based on the Dow Jones China 88 index, and will be offered by Yinhua Fund Management in China in July 2004.

The Dow Jones China 88 Index is comprised of the 88 largest and most liquid stocks in the Dow Jones China Total Market Index and includes stocks from both the Shanghai and Shenzhen stock exchanges. The two primary criteria used in the component selection process are market capitalization and trading liquidity.