MSCI STANDARD INDEX SERIES FEBRUARY 2005 QUARTERLY INDEX REVIEWGeneva, February 14, 2005. MSCI, a leading provider of international equity, US equity, fixed income andhedge fund indices, announced today changes to the MSCI Standard Index Series that will be effective as ofthe close of February 28, 2005. These changes result from the February 2005 Quarterly Index Review. The
full list of additions to and deletions from the MSCI Standard Index Series has been posted on MSCI’s website at http://www.msci.com/stdindex.
Effective as of the close of February 28, 2005, 8 securities will be added to the MSCI Standard Index Series
and 2 securities will be deleted. The additions bring the representation of their respective industry groups intheir respective countries closer to MSCI’s target of 85% of free float-adjusted market capitalization. Theadditions are Inpex Corporation (Japan), Stolt Offshore (Norway), Air China H (China), Suntec Real Estate
Investment Trust (Singapore), ZTE Corporation H (China), AirAsia Berhad (Malaysia), Turk Hava Yollari(Turkey) and TVN (Poland). The deletions are Picvue Electronics (Taiwan) and TCL Communications
Technology (China).
MSCI’s quarterly review of free float estimates results in changes in Foreign Inclusion Factors (FIFs) for 29
securities in 14 countries. FIFs adjust the market capitalization of securities for free float available to foreign
investors. These changes reflect the evolution of shareholdings, changes in Foreign Ownership Limits(FOLs), changes in Limited Investability Factors (LIFs) or the reclassification of certain shareholders. Overall,the impact of these changes in the indices is minimal.
The results of the February 2005 Quarterly Index Review for the MSCI Small Cap Index Series, the MSCIGlobal Value and Growth Index Series, the MSCI US Equity Indices, the MSCI Pan-Euro and Euro Indicesas well as the Morgan Stanley REIT Index (RMS) have also been posted on MSCI’s web site atwww.msci.com.
About MSCIMSCI (www.msci.com) is a leading provider of equity, fixed income and hedge fund indices, and related
products and services. MSCI estimates that over USD 3 trillion is benchmarked to its indices on a worldwide
basis. MSCI is headquartered in New York, with research and commercial offices around the world. In 2004,MSCI acquired Barra, Inc. (www.barra.com), a global leader in delivering risk analytics, performancemeasurement and attribution systems and services to managers of portfolio and firm-wide investment risk.
Morgan Stanley, a global financial services firm and a market leader in securities, asset management, andcredit services, is the majority shareholder of MSCI, and Capital International Inc., part of the global
investment management group of The Capital Group Companies, Inc., is the minority shareholder.
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For further information on MSCI indices or MSCI data, please visit our web site at www.msci.com orcontact:
Dorsey Horowitz, MSCI, New York
Guillermo Benedit, MSCI, London
Sarah Chan, MSCI, Hong Kong
Olivia Vong, MSCI, Tokyo+ 1 212 762 5790
+ 44 20 7425 6660
+ 852 2848 6740
+ 813 5424 5470

PR:
Carla A. Schlemminger, MSCI, Berkeley, California
Ben Curson/Clare Rowsell, Penrose Financial, London
Ed Rowley/Patrick Linehan, Abernathy MacGregor, New York+ 1 510 649 4615
+ 44 20 7786 4888
+ 1 212 371 5999______________________________________________________________________________________________________The information contained in this document, including all text, data, graphs, charts and all other information(collectively, the “Information”) is the property of Morgan Stanley Capital International Inc. (MSCI) and is provided for
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