MSCI PAN-EURO AND EURO INDICES FEBRUARY 2004 QUARTERLY INDEXREVIEW
Geneva, February 12, 2004. MSCI announced today changes to the MSCI Pan-Euro and Euro Indices thatwill be effective as of the close of February 27, 2004. These changes result from the February 2004 Quarterly
Index Review of the MSCI Standard Index Series. A comparison of the current constituents of the MSCI
Pan-Euro and Euro Indices with the pro forma constituents is available on MSCI’s web site at
http://www.msci.com/euro.
No securities will be added to or deleted from the MSCI Pan-Euro and Euro Indices as part of the February
2004 Quarterly Index Review. There will be changes for certain constituents resulting from the quarterly
review of free float estimates and the quarterly review of number of shares.
The results of the February 2004 Quarterly Index Review for the MSCI Standard Index Series, the MSCI
Small Cap Index Series, the MSCI Global Value and Growth Index Series as well as the MSCI US Equity
Indices have also been posted on MSCI's web site at www.msci.com.

For further information on MSCI indices or MSCI data, please visit our web site at www.msci.com orcontact:
Dorsey Horowitz, MSCI, New York
Sara Corsaro, MSCI, London
Jammy Chan, MSCI, Hong Kong
Olivia Vong, MSCI, Tokyo+ 1 212 762 5790
+ 44 20 7425 6660
+ 852 2848 6740
+ 813 5424 5470

Daniel Guthrie/Beany McLean, Luther Pendragon, London
Ed Rowley/Kayt Makosy, Abernathy MacGregor, New York+ 44 20 7618 9100
+ 1 212 371 5999______________________________________________________________________________________________________
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information is provided on an “as is” basis. Although MSCI shall obtain information from sources which MSCI
considers reliable, neither MSCI, its affiliates nor any other party involved in the making or compiling of the information
guarantees the accuracy and/or the completeness of any of this information. Neither MSCI, its affiliates nor any otherparty involved in the making or compiling of the information makes any representation or warranty, express or implied,
as to the results to be obtained by any person or entity from any use of this information, and the user of this information
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the making or compiling of the information makes any express or implied warranties, and MSCI, its affiliates and anyother party involved in the making or compiling of the information hereby expressly disclaim all warranties ofmerchantability or fitness for a particular purpose with respect to any of this information. Without limiting any of the______________________________________________________________________________________________________--1 of 2--

foregoing, in no event shall MSCI, its affiliates or any other party involved in the making or compiling of the information
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