FTSE Group Launch Environmental Opportunities All-Share Index

FTSE Group (“FTSE”), the global index company, today launches the FTSE Environmental Opportunities All-Share Index, made up of over 450 constituents covering alternative energy, water and waste management companies. The constituents are taken from the FTSE Global Equity Index Series and are included in the index if a minimum of 20% of their revenue comes from environmental markets or technologies, which are of increasing interest to investors globally. Constituents are researched by Impax Group plc (“Impax”), the specialist environmental investment company, who have partnered with FTSE to develop a range of indices within the environmental technology space.

This new index has been designed to provide investors with a benchmark consisting of companies who have a significant involvement in environmental technologies and therefore offers a broad environmental exposure opportunity to investors. The top 10 constituents are:

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Rank	Constituent Name	Country	ICB Supersector	Net Mkt Cap (USDm)	Weight (%)
1	Siemens AG	Germany	Industrial Goods & Services	104,446	4.29
2	Suez	France	Utilities	90,287	3.70
3	Iberdrola	Spain	Utilities	70,109	2.88
4	ABB	Switzerland	Industrial Goods & Services	68,641	2.82
5	United Technologies	US	Industrial Goods & Services	66,723	2.74
6	3M Company	US	Industrial Goods & Services	53,867	2.21
7	ENEL	Italy	Utilities	48,081	1.97
8	Emerson Electric	US	Industrial Goods & Services	44,022	1.81
9	Honeywell International Incorporation	US	Industrial Goods & Services	42,277	1.73
10	Koninklijke Philips Electronic	Netherlands	Personal & Household Goods	39,529	1.62
			Totals	627,983	25.77
SOURCE: FTSE Group, based on indicative constituents on 23 June 2008 using prices as at 13 June 2008

Will Oulton, Head of Responsible Investment at FTSE commented, “The FTSE Environmental Opportunities All-Share index will appeal to institutional and retail investors who want to gain exposure to and track the performance of those companies who are transforming their businesses to increasingly source revenues from global environmental markets.”

Ian Simm, Chief Executive of Impax, said: “Environmental investment is a compelling growth story now firmly in the mainstream. To reflect this it needs a credible benchmark. We are delighted to continue this partnership with FTSE, marrying their index expertise and our in depth sector knowledge.”

The FTSE Environmental Opportunities All-Share index provides an investible and transparent measure of the performance of the global environmental technology sector and is available for investors to use as the basis of structured products, ETFs and index funds. Russell Investments have already licensed the index for an environmental technology multi-manager fund.