The Warsaw Stock Exchange Announces A Annual Revision Concerning WIG20 And MIDWIG Indices

The Warsaw Stock Exchange announces that following the trading session on March 17, 2006, there will be a annual revision concerning WIG20 and MIDWIG indices.

As the result of the ranking, drawn up as of 31 January 2006, the composition of WIG20 and the MIDWIG portfolios will be changed:

BORYSZEW (328 shares) will be moved from the MIDWIG index to the WIG20 index and SOFTBANK (382 shares) will be moved from the WIG20 index to the MIDWIG index.

In the MIDWIG index, PULAWY (127 shares), SANWIL (7 135 shares) and STRZELEC (5 818 shares) will replace GROCLIN, SANOK and NOWAGALA, because they no longer meet the index participation criteria.

Considering the statement of the Index Committee, the Management Board decided to exclude ELEKTRIM from rankings of both indices.

Following the methodology of an annual revision, in both indices all companies’ weightings will be changed.

The new index portfolios effective after the adjustment are available from the WSE web site at www.wse.com.pl (Market data -> Indices).

The Warsaw Stock Exchange computes 12 different indices, including WIG20 (blue-chip companies), MIDWIG (mid-cap companies) and TechWIG (innovative technologies companies), which are underlying instruments for futures contracts. Other indices: WIG (main market companies), WIRR (small companies) and WIG-PL (main market domestic companies) are all-share benchmark indices. All the WSE index selection criteria are based on free float, liquidity and observance of corporate governance.
Additional information concerning the WSE indices, their methodology, selection criteria and portfolio composition are available at www.wse.com.pl