Change in Taiwan’s foreign investment limit: In response to the recent removal of foreign investment limits in the Taiwan equity markets S&P will gradually remove the foreign investment limits applicable to Taiwanese stocks in the S&P Asia 50 Index. Effective October 11, 2004 the foreign investment limit will be increased to 0.75. Effective March 21st the limit will be changed to 1.00 and Taiwan will be treated as 100% open except in certain sectors where foreign ownership is restricted by other government regulations.
New shares outstanding and Investible Weight Factors are included in the attached Excel file.
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.
About Standard & Poor's
Standard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP) is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research, data and valuations. With 5,000 employees located in 20 countries, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com.
About The McGraw-Hill Companies
Founded in 1888, The McGraw-Hill Companies is a leading 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 280 offices in 40 countries. Sales in 2003 were $4.8 billion. Additional information is available at http://www.mcgraw-hill.com