Standard & Poor's Announces Changes In The S&P/ASX 50 Index

Standard & Poor’s will make the following changes in the S&P/ASX 50 Index effective after the close of trading Wednesday May 19th, 2004:

Woolworths Limited (Australia, SEDOL: 6981239, GICS Code: 30101030) member of the S&P/ASX 50 Index will increase its shares by 3,582,336 to 1,024,502,336. This change is due to a dividend reinvestment plan. There is no change to the IWF.

Following is a summary of the announced changes:

S&P/ASX 50 Index – May 19th, 2004 after the market close
S&P Index	Company Name	New Total	New Total
S&P/ASX 50	Coles Myer Limited	1,024,502,336	1.00 (no change)

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 www.standardandpoors.com.

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