NEW YORK, March 20, 2009 (GLOBE NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced the results of the regular annual review of the Dow Jones SAFE Indexes. Changes to the composition of the Dow Jones SAFE 100 Index and its subindex, the Dow Jones SAFE Pakistan Index, will be effective after the close of trading on March 20, 2009.
The following 17 companies will be deleted from the Dow Jones SAFE 100 Index: Adamjee Insurance Co. Ltd. (Pakistan, Insurance, AICL.KA), Askari Bank Ltd. (Pakistan, Banks, AKBL.KA), Bajaj Holdings & Investment Ltd. (India, Automobile & Parts, 500490.BY), Bank of Punjab (Pakistan, Banks, BOP.KA), D.G. Khan Cement Co. Ltd. (Pakistan, Construction & Materials, DGKC.KA), Faysal Bank Ltd. (Pakistan, Banks, FABL.KA), HCL Technologies Ltd. (India, Technology, 532281.BY), Hindalco Industries Ltd. (India, Basic Resources, 500440.BY), Indus Motor Co. Ltd. (Pakistan, Automobiles & Parts, INDU.KA), Jaiprakash Associates Ltd. (India, Construction & Materials, 532532.BY), Mahindra & Mahindra Ltd. (India, Industrial Goods & Services, 500520.BY), Nishat Mills Ltd. (Pakistan, Personal & Household Goods, NML.KA), Pak Suzuki Motor Co. Ltd. (Pakistan, Automobiles & Parts, PSMC.KA), Siemens India Ltd. (India, Industrial Goods & Services, 500550.BY), Suzlon Energy Ltd. (India, Oil & Gas, 532667.BY), Tata Motors Ltd. (India, Industrial Goods & Services, 500570.BY) and Unitech Ltd. (India, Real Estate, 507878.BY).
The eight Pakistani companies also will be removed from the Dow Jones SAFE Pakistan Index.
The 17 companies that are being added to the Dow Jones SAFE 100 Index are: Uttara Bank Ltd. (Bangladesh, Banks, UTTARABAN.DH), Pubali Bank Ltd. (Bangladesh, Banks, PUBALIBAN.DH), AB Bank Ltd. (Bangladesh, Banks, ABBANK.DH), Hero Honda Motors Ltd. (India, Automobiles & Parts, 500182.BY), National Bank Ltd. (Bangladesh, Banks, NBL.DH), Unilever Pakistan Ltd. (Pakistan, Food & Beverages, ULEVER.KY), Habib Bank Ltd. (Pakistan, Banks, HBL.KA), Tata Power Co. Ltd. (India, Utilities, 500400.BY), Power Grid Co. of Bangladesh Ltd. (Bangladesh, Utilities, POWERGRID.DH), Prime Bank Ltd. (Bangladesh, Banks, PRIMEBANK.DH), Mundra Port & Special Economic Zone Ltd. (India, Industrial Goods & Services, 532921.BY), Nestle India Ltd. (India, Food & Beverages, 500790.BY), Bharat Petroleum Corp. Ltd. (India, Oil & Gas, 500547.BY), Bank of India (India, Banks, 532149.BY), Power Finance Corp. Ltd. (India, Utilities, 532810.BY), NMDC Ltd. (India, Basic Resources, 526371.BY) and Neyveli Lignite Corp. Ltd. (India, Utilities, 513683.BY).
The two Pakistani companies also will be added to the Dow Jones SAFE Pakistan Index.
The Dow Jones SAFE 100 Index measures the performance of 100 blue-chip companies in five of the eight member states of the South Asian Federation of Exchanges (SAFE). The five member states included in the index are: India, Bangladesh, Mauritius, Pakistan and Sri Lanka. Its subindex, the Dow Jones SAFE Pakistan Index, measures the performance of the Pakistani stocks in the Dow Jones SAFE 100 Index.
Further information on the Dow Jones SAFE Indexes can be found on the Dow Jones Indexes Web site at http://www.djindexes.com.
Company additions to and deletions from the Dow Jones SAFE Indexes do not in any way reflect an opinion on the investment merits of the company.
Journalists may e-mail questions regarding this press release to PR-Indexes@dowjones.com.
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