Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Hyundai Heavy Industries Company Limited Will Replace Yulon Motor Company Limited In The S&P Asia 50 Index

Date 11/05/2005

Standard & Poor’s will make the following changes in the S&P Asia 50 Index effective after the close of trading Wednesday, May 18, 2005:
  • Hyundai Heavy Industries Company Limited (Korea, SEDOL: 6446620, GICS: Industrials, GICS Code: 20106010) will replace Yulon Motor Company Limited (Taiwan, SEDOL: 6988597) in the S&P Asia 50 Index, after the close of trading Wednesday, May 18, 2005. Yulon Motor is being deleted from the S&P Asia 50 due to company size considerations.
Hyundai Heavy Industries Company Limited, headquartered in Korea, operates shipbuilding, construction, and industrial machinery manufacturing businesses.

Following is a summary of the announced changes:

S&P Asia 50 Index – May 18, 2005 after the market close
  Company Name

GICS Economic Sector

GICS Sub-Industry

ADDED Hyundai Heavy Industries Co. Ltd. Industrials Construction & Farm Machinery & Heavy Trucks
DELETED Yulon Motor Company Limited

Consumer Discretionary

Automobile Manufacturers

Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.

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