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Standard & Poor’s Announces Share Changes In S&P Japan SmallCap 250 And S&P Japan 500 Indices

Date 21/04/2004

Standard & Poor’s will make the following change in the S&P Japan SmallCap 250 and the S&P Japan 500 Indices effective after the close of trading, Wednesday April 28th 2004:
  • Isuzu Motors Ltd (Japan, SEDOL: 6467104, GICS: Consumer Discretionary, GICS Code: 25102010) a member of the S&P Japan SmallCap 250 and S&P Japan 500 indices, shares will increase by 76,211,212 to 878,105,748 due to the exercise of convertible bonds
  • Sankyo Seiki MFG Co Ltd (Japan, SEDOL: 6775346, GICS: Information Technology, GICS Code: 45203010) a member of the S&P Japan SmallCap 250 and S&P Japan 500 indices, shares will increase by 15,512,660 to 191,107,628 due to the exercise of convertible bonds
  • Sanshin Electronics Co Ltd (Japan, SEDOL: 6776361, GICS: Information Technology, GICS Code: 45203030) a member of the S&P Japan SmallCap 250 and S&P Japan 500 indices, shares will decrease by 2,500,000 to 33,528,373 due to repurchase of shares.
  • Seino Transportation Co Ltd (Japan, SEDOL: 6793423, GICS: Industrials, GICS Code: 20304020) a member of the S&P Japan SmallCap 250 and S&P Japan 500 indices, shares will increase by 21,810,241 to 198,631,167 due to the exercise of convertible bonds
Following is a summary of the announced change:

S&P Japan SmallCap 250 and S&P Japan 500 Indices – April 28th, 2004 after the market

S&P Index Company New Shares
S&P Japan SmallCap 250 Isuzu Motors Ltd 878,105,748
S&P Japan SmallCap 250 Sankyo Seiki MFG Co Ltd 191,107,628
S&P Japan SmallCap 250 Sanshin Electronics Co Ltd 33,528,373
S&P Japan SmallCap 250 Seino Transportation Co Ltd 198,631,167

Standard & Poor's is a leader in providing highly valued financial data, analytical research and investment and credit opinions to the global capital markets. Among the company's many products are the S&P Global 1200, the first real-time, global equity index, the S&P 500, the premier U.S. portfolio index, and credit ratings on more than 220,000 securities and funds. With 5,000 employees located in 19 countries, Standard & Poor's is an integral part of the world's financial architecture. Additional information is available at www.standardandpoors.com

Founded in 1888, The McGraw-Hill Companies is a 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 320 offices in 34 countries. Sales in 2002 were $4.8 billion. Additional information is available at www.mcgraw-hill.com.