Standard & Poor's Announces Changes In S&P/TOPIX 150

Daiwa Bank (Japan, SEDOL: 6251341, RIC: 8319, GICS: Financials, GICS Code: 40101010), will be deleted from the S&P/TOPIX 150 due to its merger with Kinki-Osaka Bank and Nara Bank to form Daiwa Bank Holdings, Inc. The price of Daiwa Bank will be held from December 5th , the delisting date of the company, until December 10th , the business day immediately proceeding the listing date of Daiwa Bank Holdings, Inc.
?Daiwa Bank Holdings, Inc. (Japan, RIC: 8308, GICS: Financials, GICS Code: 40101010), will be added to the S&P/TOPIX 150 after the close of December 10 th , 2001. The company's shares used for the index calculation will be 2,052,867,887. Its investable weight factor is expected to be .40. It will be added to the GICS Financial Sector.
The number of shares of Daiwa Bank Holdings, Inc. used for the index calculation will be increased to 2,761,246,359 after the close of December 11th , 2001 due to the exchange of Kinki-Osaka Bank stock to the company's stock.