Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Investable Weight Factor Change For Terna SpA In The S&P/MIB Index

Date 31/03/2005

Standard & Poor’s will change the IWF (Investable Weight Factor) for Terna SPA (Italy, ISIN IT0003242622), a member of the S&P/MIB Index, from 0.5 to 0.639 effective at the close of trading Tuesday, April 05 2005. This is following the sale of ordinary shares by Enel SpA, which has reduced its holding by 13.86 percent of shares outstanding.

Standard & Poor's is a leader in providing highly valued financial data, analytical research and investment and credit opinions to the global capital markets. Among the company's many products are the S&P Global 1200, the first real-time, global equity index, the S&P 500, the premier U.S. portfolio index, and credit ratings on more than 220,000 securities and funds. With 5,000 employees located in 20 countries, Standard & Poor's is an integral part of the world's financial architecture. Additional information is available at www.standardandpoors.com

Founded in 1888, The McGraw-Hill Companies is a global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, BusinessWeek and McGraw-Hill Education. The Corporation has more than 322 offices in 33 countries. Sales in 2003 were $4.8 billion. Additional information is available at www.mcgraw-hill.com