Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Euronext Brussels: Modification Of The Composition Of The BEL20® Index

Date 07/01/2003

The annual revision of the index results in changes in its composition. Based on the selection list of end December 2002, the Market Authority of Euronext Brussels has decided to apply the following modifications on 3rd March 2003 after trading hours:

outgoing value IBA (number of stocks: 133)
incoming value Cofinimmo (number of stocks: 36)

The weights of the other index members will also change. Moreover, some essentially technical modifications were applied on the BEL20® Groundrules which can be consulted on our website on the following page: http://www.stockexchange.be/pd/pdc/endca01.htm. If no other exceptional event occurs in the meantime, the new composition of the BEL20® -index basket will be:

Shares Old number of shares valid till 2003/03/03 New number of shares valid from 2003/03/04 Difference
AGFA-GEVAERT 507 469 -38
ALMANIJ 507 525 -42
BARCO 67 62 -5
BEKAERT 121 111 -10
COFINIMMO 0 36 36
COLRUYT 134 125 -9
DELHAIZE GROUP 668 619 -49
DEXIA 6,273 5,868 -405
D'IETEREN 20 19 -1
ELECTRABEL 297 274 -23
FORTIS 5,015 6,301 +1,286
GBL 501 463 -38
IBA 133 0 -133
INTERBREW 1,243 1,150 -93
KBC 650 607 -43
MOBISTAR 124 126 +2
OMEGA PHARMA 145 138 -7
SOLVAY 458 424 -34
TESSENDERLO 106 90 -16
UCB 793 734 -59
UMICORE 130 114 -16

This modification will be effective on Monday March 3, 2003 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 03/03/2003, 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 Market Authority advises all private and institutional investors to carefully follow their stock portfolio.