MSCI US EQUITY INDICES NOVEMBER 2005 SEMI-ANNUAL INDEX REVIEW
Princeton, November 16, 2005. MSCI Barra, a leading provider of benchmark indices and risk management
analytics products, announced today changes to the MSCI US Equity Indices that will be effective as of theclose of November 30, 2005. These changes result from the November 2005 Semi-Annual Index Review.
The full list of additions to and deletions from the MSCI US Equity Indices as well as an updated
methodology book have been posted on MSCI’s web site at http://www.msci.com/us.
Eight securities will be added to the MSCI US Large Cap 300 Index. The five largest additions are XTO
Energy Inc, Marvell Technology Group Ltd, Williams Companies Inc, Chicago Mercantile ExchangeHoldings Inc and Starwood Hotels & Resorts Worldwide. Three securities will be deleted from the MSCIUS Large Cap 300 Index.
Twenty-four securities will be added to the MSCI US Mid Cap 450 Index. The five largest additions areAutoZone Inc, Mattel Inc, Southwestern Energy Co, Lexmark International Inc Class A and Arch Coal Inc.
There will be 16 securities deleted from the MSCI US Mid Cap 450 Index.
There will be 117 securities added to the MSCI US Small Cap 1750 Index. The five largest additions areCapitol Federal Financial, TRW Automotive Holdings Corp, Wilmington Trust Corp, Nasdaq Stock Market
Inc and Northeast Utilities. There will be 69 securities deleted from the MSCI US Small Cap 1750 Index.
There will be 124 securities added to the MSCI US Micro Cap Index. The five largest additions are Lincoln
Educational Services Corporation, DexCom Inc, Universal Truckload Services Inc, Mesa Air Group Inc andSpecialty Laboratories Inc. There will be 60 securities deleted from the MSCI US Micro Cap Index.
For the MSCI US Investable Market Value Index, there will be 217 additions or upward changes in Value
Inclusion Factors (VIFs), and 179 deletions or downward changes in VIFs. For the MSCI US Investable
Market Growth Index, there will be 237 additions or upward changes in Growth Inclusion Factors (GIFs),
and 211 deletions or downward changes in GIFs. The VIFs and the GIFs represent the proportion of asecurity’s free float-adjusted market capitalization that is allocated to the value and/or growth indices.
The largest weight increases in the MSCI US Equity Value Indices are Tyco International Ltd (Large Cap),
Fisher Scientific International Inc (Mid Cap) and Northeast Utilities (Small Cap). The largest weight increases
in the MSCI US Equity Growth Indices are Motorola Inc (Large Cap), Peabody Energy Corp (Mid Cap) andNasdaq Stock Market Inc (Small Cap).
In addition, there will be changes for certain constituents resulting from significant changes in free float
estimates and updates in number of shares. These changes will also be effective as of the close of November
30, 2005.
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The results of the November 2005 Quarterly Index Review for the MSCI Standard Index Series and PanEuro and Euro Indices, as well as the Semi-Annual Index Review for the MSCI US REIT Index, the MSCI
Small Cap Index Series, the MSCI Global Value and Growth Index Series, the MSCI Kokunai Indices and theMSCI China A Index have also been posted on MSCI’s web site at www.msci.com.
The updated methodology book includes a revised Appendix I (Country Classification of Securities). Allchanges in this newly released methodology book are effective immediately.
About MSCI Barra
MSCI (www.msci.com) develops and maintains equity, fixed income, multi-asset class, REIT and hedge fundindices that serve as the benchmark for an estimated USD 3 trillion on a worldwide basis. Barra, Inc.
(“Barra”) analytics (www.barra.com) help the world’s largest investors analyze, measure and manage portfolio
and firm-wide investment risk. MSCI Barra is headquartered in New York, with research and commercial
offices around the world. Morgan Stanley, a global financial services firm and a market leader in securities,
asset management, and credit services, is the majority shareholder of MSCI, and Capital Group International
Inc. is the minority shareholder. MSCI Barra is a service mark of Morgan Stanley Capital International Inc.
(“MSCI” or “MSCI Barra”).
###For further information on MSCI indices or MSCI data, please visit our web site at www.msci.com orcontact:
Dorsey Horowitz, MSCI Barra, New York
Sonal Patel, MSCI Barra, London
Sarah Chan, MSCI Barra, Hong Kong
Masao Ikeda, MSCI Barra, Tokyo+ 1 212 762 5790
+ 44 20 7425 6660
+ 852 2848 6740
+ 813 5424 5470

PR:
Ben Curson/Clare Rowsell, Penrose Financial, London+ 44 20 7786 4888
Patrick Linehan/Ann Taylor-Reed, Abernathy MacGregor, New York + 1 212 371 5999
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Morgan Stanley Capital International, MSCI®, ACWI, EAFE®, Barra®, MSCI Barra and all other service marks referred to herein
are the exclusive property of MSCI or its affiliates, except as provided below. All MSCI indices are the exclusive property of MSCIand may not be used in any way without the express written permission of MSCI. The Global Industry Classification Standard(GICS) was developed by and is the exclusive property of MSCI and Standard & Poor’s. “Global Industry Classification Standard(GICS)” is a service mark of MSCI and Standard & Poor’s.

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