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MSCI GLOBAL ISLAMIC INDICESNOVEMBER 2008 SEMI-ANNUAL INDEX REVIEW
Geneva - November 11, 2008 - MSCI Barra (NYSE: MXB), a leading provider of investment decision support tools
worldwide, including indices and portfolio risk and performance analytics, announced today changes to the MSCI
Global Islamic Indices that will be made as of the close of November 25, 2008. These changes result from theNovember 2008 Semi-Annual Index Review of the MSCI Global Islamic Indices.
There will be 6 additions to and 34 deletions from the MSCI World Islamic Index. The largest additions to the index
are Tenaris (IT), Drax Group (GB) and Aryzta (CH). The largest deletions to the index are Orica (AU), Persimmon(GB) and Manitowoc Co (US).
There will be 1 addition to and 34 deletions from the MSCI Emerging Markets (EM) Islamic Index. The addition tothe index is Rushydro (RUB) (RU). The largest deletions from the index are Tenaris (AR), Hindalco Industries (IN)and Brasil Telecom Part. PN (BR).
Gulf General Investment (AE) is the only addition to the MSCI Gulf Cooperation Council (GCC) Countries IslamicIndex and there are 3 deletions from the index. The deletions are Gulf Cable & Elect Ind (KW), Kuwait Foods(Americana) (KW) and Bioton (QA).
As a reminder, MSCI Barra reviews the composition of the MSCI Global Islamic Indices on a quarterly basis withrespect to new additions to the MSCI Global Standard Indices resulting from a Quarterly or Semi-Annual Index
Review or corporate event, and such new additions may be considered for inclusion to the MSCI Global IslamicIndices at the following quarterly review. Current constituents of the MSCI Global Islamic Indices impacted bycorporate events are also reviewed on a quarterly basis for compliance with the MSCI Islamic Index SeriesMethodology.
The results of the November 2008 Semi-Annual Index Review for the MSCI Global Investable Market Indices, theMSCI Global Standard Indices, the MSCI Global Small Cap Indices, the MSCI Frontier Markets Indices, the MSCIHigh Dividend Yield Indices, the MSCI Pan-Euro and MSCI Euro Indices, the MSCI Asia APEX 50 Index, the MSCIKOKUNAI Japan Equity Indices, the MSCI US Equity Indices, the MSCI US REIT Index as well as the MSCI China
A and MSCI China A Value and Growth Index have also been posted on MSCI Barra’s web site atwww.mscibarra.com.
###About MSCI Barra
MSCI Barra is a leading provider of investment decision support tools to investment institutions worldwide. MSCI
Barra products include indices and portfolio risk and performance analytics for use in managing equity, fixedincome and multi-asset class portfolios.
The company’s flagship products are the MSCI International Equity Indices, which are estimated to have over
USD 3 trillion benchmarked to them, and the Barra risk models and portfolio analytics, which cover 56 equity and46 fixed income markets. MSCI Barra is headquartered in New York, with research and commercial offices aroundthe world. Morgan Stanley, a global financial services firm, is the controlling shareholder of MSCI Barra.

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MSCI Barra was recently named Index Provider of the Year at the European Pensions Awards.
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Pen Pendleton | Patrick Clifford, Abernathy MacGregor, New York+ 44.20.7786.4888+ 1.212.371.5999

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