Quarterly Rebalancing and Additions & Deletions For The S&P Japan 500, S&P/TOPIX 150, S&P Japan MidCap 100, S&P Japan SmallCap 250 And S&P Global 100 Indices

Standard & Poor’s as part of the quarterly rebalancing, will change the shares outstanding for the S&P Japan 500 and its sub-indices effective after the close of trading Friday, June 8th, 2007. New shares outstanding can be downloaded in Excel format using the link below. Companies that are constituents of the S&P Global 100 are denoted by an asterisk.

Click here for the list.

In addition to the quarterly rebalancing, Standard & Poor’s will also make the following changes:

1. Additions and Deletions

2. Reasons for deletions

ENESERVE Corp is deleted from the S&P Japan 500 index due to its level of adjusted market capitalization, and the rest of the changes on the constituents among sub-indices are also made in consideration of the size of their adjusted market capitalization in past one year.

3. Details for added companies

Sumitomo Titanium Corp (Japan, SEDOL: 6447719, GICS: Materials, GICS Code: 15104020) shares used for the index calculation will be 36,800,000 and its IWF will be 0.48. Sumitomo Titanium Corp is the world’s top-ranked manufacturer of high-quality metallic titanium. Titanium products used in aerospace, chemical and power plants as well as engine blades and those for aircraft makers account for 30%. Also produces silicon products for semiconductor wafer materials. Affiliated with Sumitomo Metal Industries.

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.

4. Quarterly rebalance

S&P will change the number of shares used for the index calculation.