Euronext Brussels: Annual Revision Of The BEL20® Index

The annual revision of the index does not result in changes in its composition. Based on the selection list of end December 2003, the BEL20® compiler has decided to update the weights of the index members. If no other exceptional event occurs in the meantime, the composition of the BEL20® -index basket will be:

Shares	Old number of shares valid till 2004/03/01	New number of shares valid from 2004/03/02	Difference
Agfa Gevaert	469	463	-6
Almanij	525	389	-136
Barco	62	62	+0
Bekaert	111	110	-1
Cofinimmo	36	44	+8
Colruyt	125	124	-1
Delhaize	619	613	-6
Dexia	5.868	5.782	-86
D'Ieteren	19	18	-1
Electrabel	274	181	-93
Fortis	6.301	7.354	+1.053
GBL	463	458	-5
Interbrew	1.150	1.143	-7
KBC	607	800	+193
Mobistar	126	207	+81
Omega Pharma	138	139	+1
Solvay	424	420	-4
Tessenderlo	90	90	+0
UCB	734	724	-10
Umicore	114	168	+54

This modification will be effective on Monday March 1, 2004 after trading hours, based on the closing prices of that day, the new divisors will also be announced that same day after trading hours. Attention, on 01/03/2004, a particular trading timetable will take effect that will be communicated at a later date.

During a revision of the BEL20® Index, some important price fluctuations took place in the past. Therefore, the Compiler advises all private and institutional investors to carefully follow their stock portfolio.

Please click here to view the new reserve list which is valid from Thursday 16 January 2004 until Friday 13 February 2004 after close.