Hedge Fund Focus

Changes are the Result of the Regular Quarterly Review

Dow Jones Indexes, a leading global index provider, today announced the results of the regular quarterly review of the Dow Jones Country Select Dividend Indexes for France, Germany, Italy, Netherlands, Spain, Sweden, Switzerland and U.K. The changes will be effective after the close of trading on Friday, June 19, 2009.

In the Dow Jones Germany Select Dividend 20 Index, Comdirect Bank AG (Germany, Financial Services, COM.XE) and Altana AG (Germany, Chemicals, ALT.XE) will be replaced by K+S AG (Germany, Chemicals, SDF.XE) and Hochtief AG (Germany, Construction & Materials, HOT.XE), respectively.

The dividend yield of the reconstituted Dow Jones Germany Select Dividend 20 Index will change to 5.70% from 5.79% as a result of this regular quarterly review.

In the Dow Jones Italy Select Dividend 20 Index, Autostrada Torino-Milano S.p.A. (Italy, Industrial Goods & Services, AT.MI) will be replaced by Finmeccanica S.p.A. (Italy, Industrial Goods & Services, FNC.MI), respectively.

The dividend yield of the reconstituted Dow Jones Italy Select Dividend 20 Index will increase to 6.21% from 6.17% as a result of this regular quarterly review.

In the Dow Jones Netherlands Select Dividend 15 Index, Van Lanschot N.V. (Netherlands, Banks, LANS.AE) will be replaced by Aalberts Industries N.V. (Netherlands, Industrial Goods & Services, AALB.AE), respectively.

The dividend yield of the reconstituted Dow Jones Netherlands Select Dividend 15 Index will increase to 6.13% from 5.95% as a result of this regular quarterly review.

In the Dow Jones Spain Select Dividend 20 Index, Sol Melia S.A. (Spain, Travel & Leisure, SOL.MC) and Cementos Portland Valderrivas S.A. (Spain, Construction & Materials, CPL.MC) will be replaced by Sociedad General de Aguas de Barcelona (Spain, Utilities, AGS.MC) and Obrascon Huarte Lain S.A. (Spain, Construction & Materials, OHL.MC), respectively.

The dividend yield of the reconstituted Dow Jones Spain Select Dividend 20 Index will change to 5.06% from 5.07% as a result of this regular quarterly review.

In the Dow Jones Switzerland Select Dividend 20 Index, Bellevue Group AG (Switzerland, Financial Services, BBN.EB) and Schweizerische National Versicherungs-Gesellschaft (Switzerland, Insurance, NATN.EB) will be replaced by Banque Cantonale Vaudoise (Switzerland, Banks, BCVN.EB) and BEKB-BCBE (Switzerland, Banks, BEKN.EB), respectively.

The dividend yield of the reconstituted Dow Jones Switzerland Select Dividend 20 Index will change to 4.02% from 4.48% as a result of this regular quarterly review.

No changes are being made to the Dow Jones France Select Dividend 20 Index, Dow Jones Sweden Select Dividend 15 Index and Dow Jones U.K. Select Dividend 20 Index as a result of this regular quarterly review.

The Dow Jones Select Dividend Index family currently includes global indexes, regional indexes for Europe, the Asia-Pacific and the Americas, and country-specific indexes for Australia, Canada, France, Germany, Italy, Japan, the Netherlands, Spain, Sweden, Switzerland, the U.S. and the U.K. Each index includes a fixed number of components, ranging from 15 to 100, that are selected based on rankings by dividend yield. Index components are weighted by indicated annual dividend.
Changes to the Dow Jones Select Dividend Indexes do not in any way reflect an opinion on the investment merits of the companies being added or deleted.

About Dow Jones Indexes:

A full-service index provider, Dow Jones Indexes develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products. Best known for the Dow Jones Industrial Average, Dow Jones Indexes also is co-owner of the Dow Jones STOXX indexes, the world’s leading pan-European indexes that are an integrated segment of the Dow Jones Global Index series. Additionally, Dow Jones Indexes maintains its benchmark index series, the Dow Jones Total Stock Market Indexes, which is anchored by the Dow Jones U.S. Total Stock Market Index and covers more than 12,000 securities in 65 markets. Beyond equity indexes, Dow Jones Indexes maintains a number of alternative indexes, including measures of the hedge fund and commodity markets. Dow Jones indexes are maintained according to clear, unbiased and systematic methodologies that are fully integrated within index families.

Dow Jones & Company is a News Corporation company (Nasdaq:NWS) (Nasdaq:NWSA) (ASX:NWS) (ASX:NWSLV). Dow Jones is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron’s, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Dow Jones Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of STOXX Ltd. and provides news content to radio stations in the U.S.