Stock Price and Listings

Definitions of market indices

The CAC-40 Index is a narrow-based, capitalization-weighted index of 40 companies listed on the Paris Bourse. The index was developed with a base level of 1,000 as of December 31, 1987. As of December 1, 2003 the index has become a free float weighted index.

The FTSE Eurotop 100 Index is a modified capitalization-weighted index of the most actively traded and highly capitalized stocks in the pan-European markets. The components are determined by those stocks with the highest market capitalization in each country. It has a base date of December 29, 1989 with a base value of 1000.

The Dow Jones EURO STOXX 50 (Price) Index is a capitalization-weighted index of 50 European blue-chip stocks from those countries participating in the EMU. The index was developed with a base value of 1000 as of December 31, 1991. This index uses float shares.

The Dow Jones STOXX 600 Index is a broad based capitalization-weighted index of European stocks designed to provide a broad yet liquid representation of companies in the European region. The equities use free float shares in the index calculation. The index was developed with a base value of 100 as of December 31, 1991. This index uses float shares.

The Dow Jones EURO STOXX Insurance (Price) Index is a capitalization-weighted index which includes countries that are participating in the EMU that are involved in the insurance sector. The index was developed with a base value of 100 as of December 31. 1991.

The MSCI Euro Index is a subset of the broader MSCI EMU Index. It was created to serve as the basis for derivative contracts, exchange traded funds and other passive investment products. The index comprises large and liquid securities with the goal of capturing 90% of the capitalization of the broader benchmark. It was developed with a base value of 1000 as of December 31, 1998.

The MSCI Pan-Euro Index is a subset of the broader MSCI Europe Index. It was created to serve as the basis for derivative contracts, exchange traded funds and other passive investment products. The index comprises large and liquid securities with the goal of capturing 90% of the capitalization of the broader benchmark. It was developed with a base value of 1000 as of December 31, 1998.

The FT-SE Eurofirst 300 Index is a capitalization-weighted price index which uses free-float. It measures the performance of Europe's largets 300 companies by market capitalization. The index was developed with a base date of December 31, 1985.

The Euronext 100 Index is a market capitalization weighted index of the 100 largest and most liquid stocks traded on Euronext. It represents the blue chip segment of listed stocks on Euronext. The base value of the Euronext 100 index is 1000 as of December 31, 1999. The index was launched on October 2, 2000.