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- Taylor Wimpey Plc (United Kingdom, SEDOL: 0878230, GICS: Consumer Discretionary, GICS Code: 25201030) will replace ICI Plc (United Kingdom, SEDOL: 0459497, GICS: Materials, GICS Code: 15101050) in the S&P Europe and S&P United Kingdom indices. ICI Plc is being deleted following the expected completion of the acquisition, to be effected via a Scheme of Arrangement, by fellow S&P Europe 350 constituent Akzo Nobel. This remains subject to relevant Regulatory Approvals and the sanction of the Scheme by the High Court. The last day of trading in ICI Plc shares is expected to be 19 December 2007.
Standard & Poor’s will monitor developments and post any change on our website: www.standardandpoors.com
Taylor Wimpey is a homebuilding company. The number of shares outstanding will be 1,118,848,000 and the Investable Weight Factor will be 1. The company will be added to the S&P Europe 350 GICS (Global Industry Classification Standard) Homebuilding sub-industry.
Following is a summary of the announced addition and deletion:
| S&P Europe 350 and S&P United Kingdom– close of trading 19 December 2007: | |||
| COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
| ADDED | Taylor Wimpey | Consumer Discretionary | Homebuilding |
| DELETED | ICI Plc | Materials | Speciality Chemicals |
