Xinhua FTSE Quarterly Index Review Results

Xinhua FTSE Quarterly Index Review Results

July 11, 2007

    BEIJING, SHANGHAI, and HONG KONG, July 11
/Xinhua-PRNewswire/ --  Xinhua FTSE Index (FXI), the
independent China index company, today announced the
results of its quarterly index review.

    In the Xinhua/FTSE China 25 Index, China Citic Bank (H
share, 0998) and China Coal Energy (H share, 1898) will be
added to the index in replacement of Zijin Mining Group (H
share, 2899) and PICC Property & Casualty (H share,
2328). Youngor Group (A share, 6131012) and Hong Yuan
Securities (A share, 6984294) are to be included in the
Xinhua/FTSE China A50 Index, while Shanghai Oriental Pearl
Group (A share, 6817129) and China Southern Airlines (A
share, 6664972) will be removed.  The changes will be
effective at the start of trading on Monday 23 July, 2007.

    The quarterly index review includes changes to the
Xinhua FTSE 200, 400, Small Cap and All Index, China B35
and B All Share Index. Full details of all entries and
exits for these indices can be obtained at
http://www.ftse.com/xinhua/english/Indices/Domestic_Investors/Index_Reviews.jsp
.

    The Xinhua FTSE Index Series is reviewed quarterly in
January, April, July and October by an independent index
committee, comprising a group of local and international
financial market experts. The index series is widely
regarded as the leading measure of the China market by
domestic and international investors and is used as the
basis of a set of Exchange Traded Funds (ETFs), and
derivative products on exchanges around the world. At the
end of June of 2007, the total assets tracking and
benchmarking the index series exceeded USD 94 billion
worldwide.  

    More information about the Xinhua FTSE Index Series is
available at http://www.ftsexinhua.com .

    Notes to Editors

    About Xinhua FTSE Index 

    Established in late 2000, Xinhua FTSE Index (FXI), a
joint venture between Xinhua Finance Limited and FTSE, came
into being to facilitate the creation of real-time indices
for the Chinese market. The indices can be used as a basis
for the trading of derivatives, index-tracking funds,
Exchange Traded Funds and as performance benchmarks. The
combination of FTSE's expertise in international indexing
with Xinhua Finance's strong presence and capabilities in
China creates a level of expertise in the Chinese market
that is unprecedented. Providing the combined coverage for
the Shanghai and Shenzhen exchanges, all of the Xinhua/FTSE
indices are designed according to internationally proven
index methodology to ensure products are transparent, clear
and consistent. For daily data and further information,
please visit http://www.ftsexinhua.com .

    About FTSE Group

    FTSE Group is a world-leader in the creation and
management of indexes. With offices in Beijing, London,
Frankfurt, Hong Kong, Madrid, Paris, New York, San
Francisco, Boston, Shanghai, Sydney and Tokyo, FTSE Group
services clients in 77 countries worldwide. It calculates
and manages the FTSE Global Equity Index Series, which
includes world-recognized indexes ranging from the FTSE
All-World Index, the FTSE4Good series and the FTSEurofirst
Index series, as well as domestic indexes such as the
prestigious FTSE 100. The company has collaborative
arrangements with the Athens, AMEX, Cyprus, Euronext,
Johannesburg London, Madrid, NASDAQ and Taiwan exchanges,
as well as Nomura Securities, Hang Seng and Xinhua Finance
of China. FTSE also has a collaborative agreement with Dow
Jones Indexes to develop a single sector classification
system for global investors.

    FTSE indexes are used extensively by investors
world-wide for investment analysis, performance
measurement, asset allocation, portfolio hedging and for
creating a wide range of index tracking funds. Independent
committees of senior fund managers, derivatives experts,
actuaries and other experienced practitioners review all
changes to the indexes to ensure that they are made
objectively and without bias.  Real-time FTSE indexes are
calculated on systems managed by Reuters. Prices and FX
rates used are supplied by Reuters.  

    About Xinhua Finance Limited 

    Xinhua Finance Limited is China's premier financial
information and media service provider and is listed on the
Mothers Board of the Tokyo Stock Exchange (symbol: 9399)
(OTC ADRs: XHFNY). Bridging China's financial markets and
the world, Xinhua Finance's proprietary content platform,
comprising Indices, Ratings, Financial News, and Investor
Relations, serves financial institutions, corporations and
re-distributors worldwide.  Through its subsidiary Xinhua
Finance Media Limited (Nasdaq: XFML), Xinhua Finance
leverages its content across multiple distribution channels
in China including television, radio, newspaper, magazine
and outdoor media. Founded in November 1999, Xinhua Finance
is headquartered in Shanghai, with offices and news bureaus
spanning 11 countries worldwide.   

    For more information, please visit
http://www.xinhuafinance.com . 


    SUMMARY OF INDEX CHANGES IN XINHUA FTSE QUARTERLY
REVIEW

    Xinhua/FTSE China 25 Index
    Inclusion: 2
    Exclusion: 2
    
    Xinhua FTSE China B 35
    Inclusion: 1
    Exclusion: 1

    Xinhua/FTSE China A50 Index
    Inclusions: 2
    Exclusions: 2
    
    Xinhua FTSE 200 Index
    Inclusions: 10
    Exclusions: 10

    Xinhua FTSE 400 Index
    Inclusions: 39
    Exclusions: 39

    Xinhua FTSE Small Cap Index
    Inclusions: 68
    Exclusions: 100



    For more information, please contact: 

    China (Beijing/Shanghai/Hong Kong)
    Jean Li
    Xinhua FTSE Beijing office 
    Tel: [phone]
    Email: [e-mail]

    Joy Tsang
    Xinhua Finance 
    Tel:   [phone] or [phone]
    Email: [e-mail]

    Scott Zhang
    Xinhua Finance 
    Tel:   [phone]
    Email: [e-mail]

    Meredith Blakemore
    FTSE Group
    Tel:   [phone]
    Email: [e-mail]

    London 
    Sandra Steel
    FTSE Group 
    Tel:   [phone]
    Email: [e-mail]