Euronext Paris switches to FTSE® Global Classification System, And Announces Revised Classification Of Its French Equities

Euronext Paris on 22 November 2001 published details of the 817 domestic stocks listed in Paris to be reclassified according to the newly- adopted FTSE Global Classification System. The new system will be introduced on 1 January 2002 for French companies on all Euronext Paris markets -- the Premier Marché, Second Marché and Nouveau Marché.

This sector classification has already been adopted by Euronext Amsterdam and Euronext Brussels. It will replace the current classification system used in Paris.

Beginning on 1 January 2002, all stocks listed on Euronext markets will be classified under a single system. Investors will be able to choose from over 1,500 companies in ten main economic groups, divided in turn into 39 business sectors and 101 sub-sectors. Euronext uses a single trading platform for all transactions.

It is important to note that the changes made at the regular annual review of the FTSE Global Classification System will be applied on 2 January 2002. On this date, the number of subsectors will become 37. The changes include the introduction of a new biotechnology subsector.

Comprehensive and precise, the FTSE Global Classification System enables comparison of companies within sectors and sub-sectors, as well as across national borders. Each company is assigned to the sub-sector that most accurately reflects its profile, based on revenue analysis of each of its business units.

Full sector information will appear on the Euronext Paris website (www.euronext.fr) starting 26 November 2001 under Markets / Stocks from A to Z for prices, and Learn and pratice / Educational information. A complete list of French stocks with their new classification appears in Notice n°2001-4039 issued 22 November 2001.