Tokyo Stock Exchange: In Response To Today’s Newspaper Report Concerning Free-Float Adjusted Indices

In response to an article that appeared in a newspaper today, Tokyo Stock Exchange, Inc. (TSE) denied the fact that it has made any announcements regarding the free-float adjustment of TOPIX. TSE also announced that it is in the final stages of preparations to publish public comment results. These results will be released in July 2004 (the previous announcement date was late June 2004).