FTSE Appoints New FTSE4Good Committee Member

FTSE Group, the independent global index company, today announces that it is strengthening the FTSE4Good Committee with the addition of Yve Newbold as a new member. A new FTSE4Good committee has also been formed in the US to oversee the FTSE4Good US Indices, chaired by Tom Donaldson.

Yve Newbold, a corporate lawyer and former Company Secretary of Hanson Plc. joins the FTSE4Good committee, chaired by Mervyn Pedalty, Chief Executive of the Co-operative Bank and made up of experts on socially responsible investment (SRI).

Since the Index Series launched in July 2001 over 150 companies have raised their standards and met the criteria for entry into the series. With over 15 financial products and US$1.5 billion linked to the index series, the FTSE4Good series is a rapidly growing success.

Will Oulton, Deputy Chief Executive, FTSE Group said today: "Since its launch the FTSE4Good Index Series has set a global standard for SRI. The committee's work in ensuring that the series continues to stay up to date with the rapidly evolving issues across CSR and SRI is fundamental to FTSE4Good's continuing success."