SGX Issues Consultation Paper On Proposed Introduction Of SGX MSCI Asia APEX 50 Index Futures

Singapore Exchange Limited (SGX) is inviting public comments on the proposed specifications of the SGX MSCI Asia APEX 50 Index futures. The futures contract is targeted to be launched by end-June 2008, after public feedback and regulatory approval.

The MSCI Asia APEX 50 Index tracks the performance of the 50 largest and most tradable stocks in the Asia ex-Japan region. This index currently has exposure to five Asian economies – China, Hong Kong, Korea, Taiwan and Singapore. It aims to serve as a tradable proxy for the broader MSCI AC Asia ex-Japan Index, one of the most widely followed benchmark indices used by institutions investing in Asia.

The consultation paper, which explains the rationale and proposed amendments in detail, will be available on SGX website at www.sgx.com from today. Market participants and members of the public can forward their feedback and suggestions on the above proposed amendments from today to 28 March 2008 via email and either by post/courier or fax:

rules@sgx.com

Fax: 6535 5573