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Standard & Poor's Announces Update To Distribution Of S&P Asia 50 Index Values

Date 16/07/2004

Standard & Poor's announced today the suspension of real-time price feeds for the S&P Asia 50 Index. Real-time index levels will be re-introduced on Reuters and make their debut on Bloomberg in the next four to six weeks. In the interim, S&P Asia 50 Index levels will be available on a day-end basis from both Reuters and directly from Standard & Poor’s. A component of the S&P Global 1200, the S&P Asia 50 Index combines coverage of Hong Kong, Korea, Taiwan and Singapore and represents approximately 70% of each country’s market capitalization.

"The introduction of real-time prices via Bloomberg for the S&P Asia 50 will generate greater visibility among the global investment community and will assist in the support of listed derivatives, exchange-traded products and other tradable instruments based on the index," said Glenn Doody, Vice President, Standard & Poor's Hong Kong.

Standard & Poor's 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 integral part of the global financial infrastructure. Additional information is available at www.standardandpoors.com.