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Standard & Poor’s will make the following changes to the S&P/HKEx LargeCap Index as part of the March quarterly rebalancing. The changes consist of index shares and IWFs updates and will become effective after the close of business Friday March 28, 2008.
Share and IWF Changes
| Company Name | Sedol | Index Shares | IWF | GICS |
| Sun Hung Kai Properties Ltd. | 6859927 | 2,564,333,000 | No Change | 40403010 |
|
Henderson Land Development Co. Ltd |
6420538 | 2,146,742,000 | 0.4789 | 40403010 |
| Esprit Holdings Ltd. | 6321642 | 1,242,675,000 | No Change | 25504010 |
| HSBC Holdings plc* | 6158163 | 11,866,650,000 | 0.3871 | 40101010 |
* The IWF of HSBC Holdings plc. has been adjusted to re-weight the stock to 15% of the index as per the S&P/HKEx Large Cap Index methodology
Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.
