HEX: Changes In FOX Index

The name of FOX Index calculated by HEX will be changed to HEX25 on Sept. 1, 2001. FOX (HEX25) Index basket is reviewed semiannually. FOX is used as a benchmark index for portfolio management. Options and futures on FOX (HEX25) are traded at Eurex.

The calculation of FOX (HEX25) will be changed on August 1, 2001. The maximum weight for the stocks of any single index constituent will be lowered from 20 to 10 per cent. This change will lead to lower volatility for FOX (HEX25) Index. FOX (HEX25) will from August 1, 2001 include Free Float Factor and Special Dividends.

The calculation of HEX20 Index will be terminated in connection with FOX name change as HEX 25 will replace it.