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MSCI US REIT INDEX NOVEMBER 2007 SEMI-ANNUAL INDEX REVIEWNew York – November 5, 2007 - MSCI Barra, a leading provider of benchmark indices and risk management
analytics products, announced today changes to the MSCI US REIT Index that will be made as of the close ofNovember 30, 2007. These changes result from the November 2007 Semi-Annual Index Review.
There will be no additions to or deletions from the MSCI US REIT Index. There will be 87 updates in securities
number of shares outstanding. The Domestic Inclusion Factor (DIF) for one security will change.
The MSCI US REIT Index is comprised of REIT securities that are included in the MSCI US Investable Market 2500
Index, with the exception of:

REITs classified in the Mortgage REITs Sub-Industry, and

REITs classified in the Specialized REITs Sub-Industry that do not generate a majority of their revenue
and income from real estate rental and related leasing operations.

The MSCI US REIT Index, in conjunction with the MSCI US Equity Indices, is fully reviewed at the end of each May
and November (Semi-Annual Index Reviews). Each Semi-Annual Index Review involves a comprehensive reviewof the US Equity market capitalization indices as well as the US Equity value and growth indices. During thesereviews, changes in the investability of constituents and non-constituents are also assessed. Semi-Annual Index
Reviews may result in changes in DIFs and/or updates in number of shares.
The results of the November 2007 Semi-Annual Index Review for the MSCI Global Investable Market Indices, theMSCI Global Standard Indices, the MSCI Global Small Cap Indices, the MSCI Global Value and Growth Indices,
the MSCI Pan-Euro and Euro Indices, the MSCI US Equity Indices, the MSCI Japan KOKUNAI Indices, the MSCI
Global Islamic Indices and the MSCI High Dividend Yield Indices have also been posted on MSCI Barra’s web siteat www.mscibarra.com.
###About MSCI Barra
MSCI Barra develops and maintains equity, hedge fund, and REIT indices that serve as benchmarks for anestimated USD 3 trillion on a worldwide basis. MSCI Barra’s risk models and analytics products help the world’s
largest investors analyze, measure and manage portfolio and firm-wide investment risk. MSCI Barra isheadquartered in New York, with research and commercial offices around the world. Morgan Stanley, a global
financial services firm, is the majority shareholder of MSCI Barra, and Capital Group International, Inc. is theminority shareholder.
MSCI Barra was voted “Index Provider of the Year” at the 2007 Global Pensions Magazine Awards.
For further information on MSCI Barra, please visit our web site at www.mscibarra.com
For media enquiries please contact:
Sally Todd | Clare Milton, Penrose Financial, London
Pen Pendleton | Ann Taylor Reed, Abernathy MacGregor, New York

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MSCI Barra Global Client Service:
Aatish Suchak, MSCI Barra, London
Izabella Goldenberg, MSCI Barra, New York
Jackson Wang, MSCI Barra, San Francisco
Alick Lei, MSCI Barra, Hong Kong
Pavithra Ramasubban, MSCI Barra, Sydney
Masao Ikeda, MSCI Barra, Tokyo+ 44.20.7618.2222+ 1.212.762.5790+ 1.415.576.2323+ 852.2848.7333+ 61.2.9220.9333+ 813.5424.5470

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The Information may not be used to verify or correct other data, to create indices, risk models or analytics, or in connection with issuing,offering, sponsoring, managing or marketing any securities, portfolios, financial products or other investment vehicles based on, linked to,
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