Euronext announced today that KPNQwest would be removed from the AEX index as from Thursday 6 June 2002. KPNQwest will also be removed from the Amsterdam Telecom Sector index as from the same date. Euronext Indices B.V. will use the last price quoted for KPNQwest on Euronext's non-official market to calculate the AEX index until the close of the markets on Wednesday 5 June 2002.
After the close of the markets on Wednesday 5 June 2002, an operational reweighting of the AEX index will take place, whereby the value of the index will be proportionally distributed among the other 24 constituents based on their percentage weighting, after which the new weightings will be rounded off. The new weightings will apply with effect from Thursday 6 June 2002. The same procedure will be carried out for the Amsterdam Telecom Sector index.
After the close of the markets on Wednesday 5 June 2002, Euronext Indices B.V will announce the new weightings of the remaining 24 constituents in the AEX index and the remaining 4 constituents in the Amsterdam Telecom Sector index.
KPNQwest options
KPNQwest options will continue to be listed so long as the underlying shares are traded on Euronext Amsterdam Stock Market N.V. However, Euronext Amsterdam Derivative Markets N.V. will not introduce any more series as from today.
