| Tue 20 Dec 2005, 16:37 | | FTSE/JSE Africa Index Series Index Change Advice |
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FTSE/JSE Africa Index Series Index Change Advice
Industry Classification Benchmark (ICB) Notification
20 December 2005
This serves as a further notice on the changes in the indices as a result of the
ICB. FTSE/JSE will adopt the new classification system from 3 January 2006, in
accordance with the public holiday on 2 January 2006. The current indices based
on the current FTSE Global Classification system (GCS) will cease and be
replaced by a corresponding ICB index. The new index codes are on the FTSE/JSE
website, www.ftsejse.co.za , Series Overview, FTSE Global Classification System,
New ICB Index Codes.
The following index categories will not be changed: headline, tradeable, sub-
sector, secondary markets, style, JSE SRI, capped, swix and the specialist
indices.
The new ICB indices without the previous GCS indices counterparts will start at
100 points on the 3rd of January 2006. The ICB indices with the matching old GCS
indices will begin at the closing index value of the old indices. For instance,
J372, the Household Goods index, will start at 100 points whereas J835, the
Banks index, will open at the closing index level for J081 on 30 December 2005.
The mapping document with the old GCS and their ICB index counterparts is on the
FTSE/JSE website, www.ftsejse.co.za/Series Overview/FTSE Global Classification
System/ GCS-ICB Mapping of Index Codes.
The tracker file product for 30 December will consist of the companies"
subsector movements from the FTSE Global Classification system to the new ICB.
FTSE and the JSE also announce the following changes:
INDEX CHANGE EFFECTIVE FROM START OF
TRADING
FTSE/JSE Africa Resource Palabora Mining Company 3 January 2006
20 (J210) (South Africa,
ZAE00005245, 6667904)
will be deleted from the
index
FTSE/JSE Africa This index will remain 3 January 2006
Industrial 25 (J211) unchanged
FTSE/JSE Africa Financial This index will remain 3 January 2006
15 (J212) unchanged
FTSE/JSE Africa Financial This index will remain 3 January 2006
and Industrial 30 (J213) unchanged
FTSE/JSE Africa Financial Palabora Mining Company 3 January 2006
and Industrial (J250) (South Africa,
ZAE00005245, 6667904)
will be added to the
index.
FTSE/JSE Africa Palabora Mining Company 3 January 2006
Industrial (J257) (South Africa,
ZAE00005245, 6667904)
will be added to the
index.
The deletion of Palabora Mining from the Resource 20 index will leave the index
with 19 companies as there are currently no other eligible companies which can
join this index.
The definition for Resource will remain unchanged (i.e. Mining, 1770 and Oil &
Gas,0530).
For FTSE / JSE index enquiries or further information about FTSE / JSE please
contact:
Client Services in UK: Tel: +44 (0) 20 7866 1810
Client Services in US: Tel: +1 888 747 FTSE (3873) or +1 212 641 6165
Client Services in Asia Pacific: Tel: +852 2230 5803 or +65 6223 3738 or +81 3
3581 2811
JSE Limited: Tel: (27 11) 520 7702 or +520 7777
Or, email your enquiries to info@ftse.com, indices@jse.co.za or visit our
website at www.ftse.com or www.ftsejse.co.za
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Date: 20/12/2005 04:37:39 PM Produced by the JSE SENS Department
