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Futures On The TechWIG Index Traded On The Warsaw Stock Exchange

Date 01/08/2000

On August 1, 2000, new futures contracts - TechWIG futures - have been launched on the Warsaw Stock Exchange. The contract is based on the WSE TechWIG index.

The TechWIG index is a price index designed to measure the performance of SiTech - WSE Segment for Innovative Technologies, encompassing hi-tech stocks listed on various WSE markets. This new product will enable investors to actively manage their exposure to high-tech stocks.

TechWIG contracts expiring in the three nearest months from the March quarterly cycle shall be available for trading at any given moment; currently these 3 series are: Septernber 2000, December 2000 and March 2001.

On the first day 223 contracts were traded in 150 transactions. The level of open interest amounted to 108.

More information concerning SiTech, TechW[G index and TechWIG futures may be found on the Warsaw Stock Exchange web site at www.wse.com.pi