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Dow Jones Euro Stoxx 50 BuyWrite Index To Underlie A Paris-Based Exchange-Traded Fund

Date 09/01/2007

STOXX, the leading European index provider, today announced that the Dow Jones EURO STOXX 50 BuyWrite Index will serve as the underlying for an exchange-traded fund by Lyxor AM, a wholly owned subsidiary of Societe Generale. The Lyxor ETF EURO STOXX 50 BuyWrite begins trading today at the Paris Stock Exchange.

This is the first ETF based on the Dow Jones EURO STOXX 50 BuyWrite Index now available to investors.

“The Dow Jones EURO STOXX 50 BuyWrite Index is a sophisticated tool to enhance returns in bear and sideward markets. Since inception, the Dow Jones EURO STOXX 50 BuyWrite Index has outperformed the Dow Jones EURO STOXX 50 Index by 6.5% each year” said Lars Hamich, managing director of STOXX Ltd. “The Dow Jones EURO STOXX 50 index options are the largest contracts based on open interest globally. This high liquidity is a prerequisite in offering innovative option price based indexes.”

“We are very pleased to launch another exchange-traded fund underlied by a Dow Jones STOXX index. Based on a common strategy implemented by institutional investors, the Dow Jones EURO STOXX 50 BuyWrite Index provides a tradable and transparent benchmark. We believe that exchange-traded funds based on BuyWrite strategy indexes offer efficient solutions to investors which are neutral or moderately bullish on the Dow Jones EURO STOXX 50 Index,” said Isabelle Bourcier, ETF Global Coordinator for Lyxor AM.

Launched in September 2006, the Dow Jones EURO STOXX 50 BuyWrite Index combines the Dow Jones EURO STOXX 50 Index and a sold Dow Jones EURO STOXX 50 call option. These two components are held in equal amounts and are adjusted on a monthly basis. Every month a new one-month Dow Jones EURO STOXX 50 call option replaces the previous expiring Dow Jones EURO STOXX 50 call option. The new one-month Dow Jones EURO STOXX 50 call option must have a remaining lifetime of one month and must be 5 percent out of the money.

Since its inception on December 31, 1999, the Dow Jones EURO STOXX 50 BuyWrite Index has gained 51.65%, whereas the Dow Jones EURO STOXX 50 Index has lost -3.25% over the same time period.

Historical data for the Dow Jones EURO STOXX 50 BuyWrite Index is available back to December 31, 1999. The Dow Jones EURO STOXX 50 BuyWrite Index is calculated by Deutsche Börse AG.

Further information on the Dow Jones EURO STOXX 50 Buy Write Index is available at www.stoxx.com.