Dow Jones launches Cyprus Titan 10 index

Dow Jones Indexes, a leading global index provider, launched the Dow Jones Cyprus Titans 10 Index, a blue-chip grouping of the ten largest and most liquid stocks traded on the Cyprus Stock Exchange. The new index has already been licensed to ABN Amro as underlying for an open-end index certificate that is expected to be launched next week.

The Dow Jones Cyprus Titans 10 is designed to serve as an underlying for investment products such as structured products, mutual funds, exchange-traded funds and other financial products that enable investors to participate in the performance of the Cyprus stock market. Investors identified Cyprus as a thriving and dynamic market among emerging European markets that will adopt the Euro on January 1, 2008, and is expected to show the potential to maintain high growth rates for the coming years.

The new index further complements the Dow Jones Country Titans index series, which now includes 20 indexes. This expansion reflects the growing interest in the emerging financial markets and investors’ growing need for diversification.

The Dow Jones Cyprus Titans 10 Index is reviewed annually in March and follows Dow Jones Country Titans methodology. Stocks are selected according to their float-adjusted market capitalization and average trading volume. Daily historical index values are available from December 31, 2006.