FTSE/ASE 20, FTSE/ASE MID 40 & FTSE/ASE SMALLCAP INDEX SEMI-ANNUAL CHANGES

Following the semi-annual meeting of the FTSE/ASE Index Advisory Committee on Wednesday, 23 October 2002 a number of changes were announced:

For the FTSE/ASE 20, a total of one (1) addition, one (1) deletion and two (2) share weighting changes to existing constituents were approved.

For the FTSE/ASE Mid 40, a total of three (3) additions, three (3) deletions and two (2) share weighting changes to existing constituents were approved.

For the FTSE/ASE Smallcap, a total of twelve (12) additions, twelve (12) deletions and seven (7) share weighting changes to existing constituents were approved.

These changes will become effective after the close of business on the last trading day in November 2002 i.e. on Monday, 2 December 2002.

PERIODIC REVIEW OF CONSTITUENTS

Additions to FTSE/ASE 20 Index:

* Company promoted from the FTSE/ASE 80 Index

Deletions from FTSE/ASE 20 Index:

* Company will be demoted to the FTSE/ASE 40 Index.

Additions to FTSE/ASE Mid 40 Index:

* Company demoted from the FTSE/ASE 20 Index.


** Companies promoted from FTSE/ASE Smallcap.

Deletions from FTSE/ASE Mid 40 Index:

* Companies will be demoted to the FTSE/ASE Smallcap Index.

Additions to FTSE/ASE Smallcap Index:

* Companies demoted from the FTSE/ASE 40 Index

Deletions from FTSE/ASE Smallcap Index:

CHANGES TO INVESTIBILITY WEIGHTINGS:

FTSE/ASE 20 Index:

FTSE/ASE Mid 40 Index:

FTSE/ASE Smallcap Index:

Or, email your enquiries to info@ftse.com or visit our website at www.ftse.com,or visit www.ase.gr