Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Lithuania To Be Invited To The Baltic Index

Date 21/05/2004

The index will be launched along with a new trading platform in Estonia and Latvia. It will be the first step in creating an integrated Nordic and Baltic marketplace, encompassing seven exchanges – Sweden, Denmark, Iceland, Norway, Finland, Estonia and Latvia – trading on the same platform.

OMHEX today signed privatisation agreement for 44.3 percent of the shares of the National Stock Exchange of Lithuania (NSEL) and 32 percent of the shares of the Central Securities Depository of Lithuania (CSDL). Together with the shares of NSEL that OMHEX has acquired earlier and another 10 percent it is to acquire, OMHEX ownership in NSEL will exceed 80 percent.

The Baltic index would consist of shares listed on the current main or official lists of Estonian, Latvian and Lithuanian bourses. The introduced index will be a capitalisation-weighted total-return index whereby the companies will have weight limits of 10%. The history of the index will be calculated back to January 1, 2000. The index base value is 100, i.e. its value on January 1, 2000.

The calculation of Estonian TALSE index will continue, in Latvia the current indices will be terminated and replaced with a new capitalisation-based total-return index.