Indicative Selections For Amsterdam Exchanges And Amsterdam Midkap Indices As At 29 October 1999

Amsterdam Exchanges has made an indicative selection of the constituent shares in the Amsterdam Exchanges (AEX) and Amsterdam Midkap (AMX) indices on the basis of the value of turnover up to 29 October 1999. The period used for determining the selection for the AEX index was, as announced earlier, reduced from three calendar years to one calendar year, and the value of turnover used for determining the selection of the AMX index will no longer be weighted. Instead, the unweighted value of turnover over one calendar year will be the basis for selection. Under the new index rules, non-Dutch shares in the limit order book can be included in the indices. The value of turnover for a number of shares has been extrapolated, whereby the figures for the first twenty days of trading were not included in the calculation. This was done to remove the impact of the flotation of a security on the value of its turnover. Current figures indicate that the indices will change as follows: Getronics, which is currently in the AMX index, and United Pan-Europe Communications (UPC) will be included in the AEX-index; KLM and Buhrmann will be transferred from the AEX index to the AMX index; Gucci, Libertel, CMG and Cap Gemini SA will be included in the AMX index; AOT and Koninklijke Ahrend will be removed from the AMX index. These indicative changes are purely hypothetical, as the indices are actually adjusted only once a year in February.