Standard & Poor’s will make the following changes in the S&P Japan 500 and S&P Japan SmallCap 250 Indices effective after the close of trading Friday, August 22nd, 2008:
Deletions and additions
Urban Corporation (Japan, SEDOL: 6917762, GICS: Financials, GICS Code: 40403010) a member of the S&P Japan SmallCap 250 and S&P Japan 500 indices, will be replaced by Nippon Seiki Co Ltd (Japan, SEDOL: 6642536, GICS: Consumer Discretionary, GICS Code: 25101010) after the market close of Friday, August 22nd 2008. Urban Corporation is deleted from the S&P Japan 500 indices following its application for the bankruptcy. The shares used for the index calculation for the new company will be 60,855,000 and its IWF will be 0.76
S&P Japan SmallCap 250 and S&P Japan 500 Indices – August 22nd, 2008 after the market close- |
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Index |
COMPANY |
SEDOL |
GICS SECTOR |
GICS SUB- INDUSTRY |
||
Deleted |
S&P Japan 500, S&P Japan SmallCap 250 |
Urban Corporation |
6917762 |
Financials |
Real Estate Management & Development |
|
Added |
S&P Japan 500, S&P Japan SmallCap 250 |
Nippon Seiki |
6642536 |
Consumer Discretionary |
Auto Parts & Equipment |
Details for added companies
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.