Following the semi-annual meeting of the FTSE/ASE Index Advisory Committee on Wednesday, 21 April 2004, the following changes were announced:

For the FTSE/ASE 20, there were no additions to or deletions from this index. One (1) Investability weight change to existing constituents was approved.

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

For the FTSE/ASE Smallcap, a total of seven (7) additions, seven (7) deletions and two (2) Investability weight change to existing constituents were approved.

These changes will become effective after the close of business on the last trading day in May 2004 i.e. on Tuesday, 1 June 2004.

PERIODIC REVIEW OF CONSTITUENTS

INVESTABILITY WEIGHT CHANGES:

INVESTABILITY WEIGHT CHANGES:

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