Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tokyo Stock Exchange: Special Changes To Handling Of Indexes Before And After Implementation Of Electronic Shares Certificates (Paperless Shares Certificates)

Date 07/11/2008

When the paperless system takes effect on January 5, 2009, several listed companies plan to conduct stock splits and adopt a share unit system in order to organize odd lots into normal trading units (an amount of a security less than the one unit of trading for that particular security) that will not be included in the transfer system, These issues will be suspended from trading from December 25, 2008 to December 30, 2008.

In accordance with this trading suspension and from the point of view of the users of the TOPIX, etc. indices, the TSE will change the way it handles adjustments made to indices during the period after close of trading on December 24, 2008 to the close of trading on January 6, 2009*(1). The changes are explained in the attached appendices.*(2)

*(1) The changes apply only in cases where the "Assigned to delisting post" not the adjustment day of index, falls between December 20, 2008 to January 7, 2009.

*(2) The difference between Appendix1 and Appendix2
Appendix1 and Appendix 2 describe the changes to be implementation.
Please refer to whichever is more convenient depending on your needs.

 

-Appendix1: Classified according to the handling of the index PDF
-Appendix2: Classified based on the formula of the Index Guide PDF