FTSE/ATHEX 20, 40 & 80 INDEX SEMI-ANNUAL REVIEW & CHANGES TO GROUND RULES

9 Nov 2005


Following the changes to the structure of the ATHEX Markets, the committee has approved a number of changes to the ground rules for the management of the FTSE/ATHEX indices;

- The FTSE/ATHEX 20 and FTSE/ATHEX 40 Index constituents will be drawn from the Big Cap segment of ATHEX.

- The FTSE/ATHEX SmallCap 80 Constituents will be drawn from the Mid/Small Cap segments of ATHEX.

- The FTSE/ATHEX 140 Index will be broadened to include FTSE/ATHEX 20, 40 and 80 constituents, plus all other constituents of the Big Cap Segment that meet the index eligibility criteria.

These changes will be effective immediately and implemented within the indices on Monday 28 th November.

In addition, the committee approved the following changes;

- Eligibility for the FTSE/ATHEX indices will be broadened to cover all companies both listed on ATHEX and paying the majority of their corporate tax in Greece. This rule change will be effective from the April 2006 review.

- The calculation of constituent liquidity criteria will exclude block trades, effective from the November 2006 review.

The committee also announces the creation of a new FTSE/ATHEX International Index, to comprise all stocks from the Big Cap Segment that meet the eligibility requirements of the FTSE/ATHEX indices. This index will be launched on 3 rd January 2006 at a value of 5000.

Updated ground rules for the management of the FTSE/ATHEX Indices will be available from www.ftse.com and from www.athex.gr on 14 th November

Therefore, following the semi-annual meeting of the FTSE/ATHEX Index Advisory Committee on Tuesday 8 November 2005, the following changes were announced, to be implemented on Monday 28 th November, concurrent with the implementation of the new ATHEX rule book:

For the FTSE/ATHEX 20 Index, a total of one (1) addition, one (1) deletion from this index. One (1) Investability weight change to existing constituents was approved.

For the FTSE/ATHEX Mid 40 Index, a total of five (5) additions, five (5) deletions from this index. Four (4) Investability weight changes to existing constituents were approved.

For the FTSE/ATHEX Smallcap 80 Index, a total of twenty (20) additions, twenty (20) deletions from this index. No (0) Investability weight changes to existing constituents were approved.

PERIODIC REVIEW OF CONSTITUENTS

Additions to FTSE/ATHEX 20 Index:

Stock Name & Class of Share Rank Investability weight (%)
Agricultural Bank of Greece 8 20

Deletions from FTSE/ATHEX 20 Index:

Stock Name & Class of Share Reason
Elliniki Technodomiki Teb Ae Rebalancing Deletion

investability weight CHANGES:

Stock Name & Class of Share Current Investability Weight (%) New Investability Weight (%)
MOTOR OIL (HELLAS) REFINERIES SA (CR) 20 40

FTSE/ ATHEX 20 Index Reserve List

With immediate effect, the following reserve list will be used in the event that one or more constituents are deleted during the period up to the next semi-annual review:

Stock Name & Class of Share Investability weight (%)
INTRALOT S.A. (CR) 75
ATHENS WATER SUPPLY & SEWERAGE S.A. (CR) 30
TECHNICAL OLYMPIC S.A. (CR) 75
HERACLES GEN.CEMENT COMPANY S.A. (CR) 30
ELLΙNIΚΙ TECHNODOMIKI TEB ΑΕ (CR) 75

Additions to FTSE/ATHEX Mid 40 Index:

Stock Name & Class of Share Rank Investability weight (%)
ELLΙNIΚΙ TECHNODOMIKI TEB ΑΕ (CR) 25 75
GR. SARANTIS S.A.(CR) 48 75
LAMDA DEVELOPMENT S.A. (CR) 52 30
ATHENS MEDICAL C.S.A. (CR) 55 40
FRIGOGLASS S.A.(CR) 56 50

Deletions from FTSE/ATHEX Mid 40 Index:

Stock Name & Class of Share Rank Reason
AGRICULTURAL BANK OF GREECE S.A. (CR) 8 Addition to Athex 20 Index
ELAIS - UNILEVER S.A. (CR) N/A Failed Liquidity
GOODYS S.A. (CB) N/A Failed Liquidity
HALKOR S.A (FORMER VECTOR) (CB) N/A Failed Liquidity
IASO S.A. (CR) N/A Failed Liquidity

investability weight CHANGES:

Stock Name & Class of Share Current Investability Weight (%) New Investability Weight (%)
DELTA HOLDINGS S.A. (CR) 30 40
FOURLIS S.A.(CR) 100 75
GENERAL BANK OF GREECE S.A. (CR) 75 40
METKA S.A. (CR) 40 50
SIDENOR S.A. (FORMER ERLIKON) (CB) 40 30

FTSE/ ATHEX Mid 40 Index Reserve List

With immediate effect, the following reserve list will be used in the event that one or more constituents are deleted during the period up to the next semi-annual review:

Stock Name & Class of Share Investability weight (%)
MINOAN LINES S.A. (CR) 100
CH. ROKAS S.A. (CR) 50
Info-Quest S.A. (CR) 40
NEOCHIMIKI S.A. (CR) 50
ASPIS BANK S.A. (CR) 40
ALFA-BETA VASSILOPOULOS S.A.(CR) 40
CHIPITA INTERNATIONAL S.A. (CR) 75
MICHANIKI S.A. (CR) 75
LAMPSA HOTEL S.A. (CR) 50
AUTOHELLAS S.A. (CR) 40

Additions to FTSE/ATHEX Smallcap 80 Index:

Stock name & Class of Share
Rank Investability weight (%)

AGROTIKI INSURANCE COMPANY S.A. (CR) 9 20
ALTEC S.A. (CR) 24 75
FEEDUS S.A. (CR) 33 20
ATTI-KAT S.A. (CR) 41 75
LOGIC DATA INF.SYSTEMS S.A. (CR) 45 75
KEKROPS S.A. (CR) 46 40
AUDIO VISUAL ENTERPRISES S.A. (CR) 52 40
SIDMA S.A. STEEL PRODUCTS (CR) 56 30
LOULIS MILLS S.A. (CR) 60 50
NEORION HOLDINGS S.A. (CR) 62 40
HELLENIC CABLES S.A. (CR) 63 30
EUROPEAN RELIANCE GEN. INSUR. S.A. (CR) 65 75
SATO S.A. (CR) 66 50
ALLATINI IND &COM S.A. (CB) 68 75
SELONDA AQUACULTURE S.A. (CR) 70 75
KARATZIS S.A. (CR) 75 30
EFKLEIDIS S.A. (CR) 76 40
RIDENCO S.A. (CB) 78 50
ALMA-ATERMON S.A. (CR) 79 50
A.S. COMPANY S.A. (CR) 80 30

Deletions from FTSE/ATHEX Smallcap 80 Index:

Stock Name & Class of Share Rank Reason
GR. SARANTIS S.A.(CR) 48 Addition to FTSE / Athex 40 Index
LAMDA DEVELOPMENT S.A. (CR) 52 Addition to FTSE / Athex 40 Index
ATHENS MEDICAL C.S.A. (CR) 55 Addition to FTSE / Athex 40 Index
FRIGOGLASS S.A.(CR) 56 Addition to FTSE / Athex 40 Index
MINOAN LINES S.A. (CR) 57 Retained in 140 Index
CH. ROKAS S.A. (CR) 58 Retained in 140 Index
Info-Quest S.A. (CR) 59 Retained in 140 Index
NEOCHIMIKI S.A. (CR) 60 Retained in 140 Index
ASPIS BANK S.A. (CR) 63 Retained in 140 Index
CHIPITA INTERNATIONAL S.A. (CR) 66 Retained in 140 Index
MICHANIKI S.A. (CR) 67 Retained in 140 Index
LAMPSA HOTEL S.A. (CR) 68 Retained in 140 Index
AUTOHELLAS S.A. (CR) 70 Retained in 140 Index
BLUE STAR MARITIME S.A. (CB) 72 Retained in 140 Index
KATHIMERINI PUBLISHING SA (CR) 74 Retained in 140 Index
CH.C. TEGOPOULOS PUBLISHING S.A. (CR) 75 Retained in 140 Index
PEGASUS PUBLISHING & PRINTING S.A.(CR) N/A Failed Liquidity
INFORMER S.A. (CR) N/A Failed Liquidity
ETEM S.A. (CB) N/A Failed Liquidity
PETROPOULOS (CR) N/A Failed Liquidity

investability weight CHANGES:

There are no investability weight changes for this index.

FTSE/ ATHEX Smallcap 80 Index Reserve List

With immediate effect, the following reserve list will be used in the event that one or more constituents are deleted during the period up to the next semi-annual review:

Stock Name & Class of Share Investability weight (%)
MOTODYNAMICS S.A. (CR) 40
CYCLON HELLAS S.A. (CR) 50
ALSINCO S.A (CR) 40
KEGO S.A. (CR) 20
EDRASIS - C. PSALLIDAS S.A. (CR) 75
ΙNTRAMET S.A. (CR) 30
EL. D. MOUZAKIS S.A. (CB) 20
DIEKAT S.A. (CR) 75
ELTON S.A.(CR) 20
KOSTAS LAZARIDIS S.A. (CR) 20

Additions to FTSE/ ATHEX 140 Index List

Stock name & Class of Share
Investability weight (%)

Reason
ALFA-BETA VASSILOPOULOS S.A.(CR) 40 Rule 5.4 Addition to FTSE/ATHEX 140
PIRAEUS REAL ESTATE INVESTMENT COMPANY (CR) 30 Rule 5.4 Addition to FTSE/ATHEX 140
AGROTIKI INSURANCE COMPANY S.A. (CR) 20 Addition to FTSE/Athex 80 Index
ALTEC S.A. (CR) 75 Addition to FTSE/Athex 80 Index
FEEDUS S.A. (CR) 20 Addition to FTSE/Athex 80 Index
ATTI-KAT S.A. (CR) 75 Addition to FTSE/Athex 80 Index
LOGIC DATA INF.SYSTEMS S.A. (CR) 75 Addition to FTSE/Athex 80 Index
KEKROPS S.A. (CR) 40 Addition to FTSE/Athex 80 Index
AUDIO VISUAL ENTERPRISES S.A. (CR) 40 Addition to FTSE/Athex 80 Index
SIDMA S.A. STEEL PRODUCTS (CR) 30 Addition to FTSE/Athex 80 Index
LOULIS MILLS S.A. (CR) 50 Addition to FTSE/Athex 80 Index
NEORION HOLDINGS S.A. (CR) 40 Addition to FTSE/Athex 80 Index
HELLENIC CABLES S.A. (CR) 30 Addition to FTSE/Athex 80 Index
EUROPEAN RELIANCE GEN. INSUR. S.A. (CR) 75 Addition to FTSE/Athex 80 Index
SATO S.A. (CR) 50 Addition to FTSE/Athex 80 Index
ALLATINI IND &COM S.A. (CB) 75 Addition to FTSE/Athex 80 Index
SELONDA AQUACULTURE S.A. (CR) 75 Addition to FTSE/Athex 80 Index
KARATZIS S.A. (CR) 30 Addition to FTSE/Athex 80 Index
EFKLEIDIS S.A. (CR) 40 Addition to FTSE/Athex 80 Index
RIDENCO S.A. (CB) 50 Addition to FTSE/Athex 80 Index
ALMA-ATERMON S.A. (CR) 50 Addition to FTSE/Athex 80 Index
A.S. COMPANY S.A. (CR) 30 Addition to FTSE/Athex 80 Index

Deletions from FTSE/ATHEX 140 Index:

Stock Name & Class of Share Rank Reason
ELAIS - UNILEVER S.A. (CR) N/A Failed Liquidity
GOODYS S.A. (CB) N/A Failed Liquidity
HALKOR S.A (FORMER VECTOR) (CB) N/A Failed Liquidity
IASO S.A. (CR) N/A Failed Liquidity
PEGASUS PUBLISHING & PRINTING S.A.(CR) N/A Failed Liquidity
INFORMER S.A. (CR) N/A Failed Liquidity
ETEM S.A. (CB) N/A Failed Liquidity
PETROPOULOS (CR) N/A Failed Liquidity

investability weight CHANGES:

Stock Name & Class of Share Current Investability Weight (%) New Investability Weight (%)
LAMPSA HOTEL S.A. (CR) 75 50

Constituents of the new FTSE/ATHEX International Index

NATIONAL BANK OF GREECE S.A. (CR) 100
OPAP S.A. (CR) 75
HELLENIC TELECOM. ORGANISATION (CR) 75
EFG EUROBANK ERGASIAS BANK S.A. (CR) 75
ALPHA BANK S.A. (CR) 100
COCA-COLA Ε.Ε.Ε. S.A. (CB) 40
COSMOTE -MOBILE TELECOMMUNICATIONS S.A. (CR) 40
AGRICULTURAL BANK OF GREECE S.A. (CR) 20
PPC S.A. (CR) 50
HELLENIC PETROLEUM S.A. (CR) 40
PIRAEUS BANK S.A. (CR) 100
EMPORIKI BANK OF GREECE S.A. (CR) 75
MOTOR OIL (HELLAS) REFINERIES SA (CR) 40
TITAN CEMENT COMPANY S.A. (CR) 75
BANK OF CYPRUS PUBLIC COMPANY LTD (CR) 100
VIOHALCO (CB) 75
GERMANOS IND. & COM. CO S.A. (CR) 75
INTRALOT S.A. (CR) 75
HYATT REGENCY S.A. (CR) 50
DUTY FREE SHOPS S.A. (CR) 30
FOLLI - FOLLIE S.A. (CR) 50
ATHENS WATER SUPPLY & SEWERAGE S.A. (CR) 30
INTRACOM S.A. (CR) 75
TECHNICAL OLYMPIC S.A. (CR) 75
HERACLES GEN.CEMENT COMPANY S.A. (CR) 30
ELLΙNIΚΙ TECHNODOMIKI TEB ΑΕ (CR) 75
HELLENIC EXCHANGES HOLDINGS S.A.(CR) 100
GENERAL BANK OF GREECE S.A. (CR) 40
MYTILINEOS HOLDINGS S.A. (CR) 75
METKA S.A. (CR) 50
BABIS VOVOS INTER/NAL TECHNICAL S.A. (CR) 50
BANK OF ATTICA S.A. (CR) 30
MARFIN FINANCIAL GROUP SA (CR) 75
JUMBO S.A. (CR) 50
AKTOR S.A. (CR) 30
N.B.G. REAL ESTATE DEVELOPMENT CO. (CR) 30
P.P.A. S.A. (CR) 30
ETHNIKI S.A. GENERAL INSURANCE CO (CR) 30
ALUMINIUM OF GREECE S.A. (CR) 50
DELTA HOLDINGS S.A. (CR) 40
FOURLIS S.A.(CR) 75
EGNATIA BANK S.A. (CR) 100
ATTICA HOLDINGS S.A. (CB) 75
TERNA S.A. (CR) 40
J. & P. - AVAX S.A. (CR) 40
M. J. MAILLIS S.A. (CR) 50
GENERAL CONSTRUCTION GROUP OF COMPANIES S.A. (CR) 75
ASTIR PALACE VOULIAGMENI S.A. (CR) 30
GR. SARANTIS S.A.(CR) 75
SIDENOR S.A. (FORMER ERLIKON) (CB) 30
LAMBRAKIS PRESS S.A. (CR) 40
NOTOS COM HOLDINGS S.A. (CR) 75
LAMDA DEVELOPMENT S.A. (CR) 30
ELVAL S.A. (CB) 40
S & B INDUSTRIAL MINERALS S.A. (CR) 50
ATHENS MEDICAL C.S.A. (CR) 40
FRIGOGLASS S.A.(CR) 50
MINOAN LINES S.A. (CR) 100
CH. ROKAS S.A. (CR) 50
Info-Quest S.A. (CR) 40
NEOCHIMIKI S.A. (CR) 50
F.G. EUROPE S.A. (CR) 40
ASPIS BANK S.A. (CR) 40
PLAISIO COMPUTERS S.A. (CR) 30
ALFA-BETA VASSILOPOULOS S.A.(CR) 40
CHIPITA INTERNATIONAL S.A. (CR) 75
MICHANIKI S.A. (CR) 75
LAMPSA HOTEL S.A. (CR) 50
HELLENIC SUGAR INDUSTRY S.A. (CB) 20
AUTOHELLAS S.A. (CR) 40
PIRAEUS REAL ESTATE INVESTMENT COMPANY (CR) 30
BLUE STAR MARITIME S.A. (CB) 75
TELETIPOS S.A. (CR) 50
KATHIMERINI PUBLISHING SA (CR) 30
CH.C. TEGOPOULOS PUBLISHING S.A. (CR) 30

For index related enquiries or further information about FTSE/ASE indices please contact:
Client Services in UK:Tel: +44 (0) 20 7448 1810 and
Client Services in US:Tel: +1 212 825 1328 or +1 415 445 5660 and
Client Services in Asia Pacific:Tel: +852 2230 5800 or +65 6223 3738.
Athens Stock Exchange:Tel: +30-1-33.66.217 or +30-1-33.66.216

Or, email your enquiries to info@ftse.com or visit our website at www.ftse.com, or visit www.ase.gr


Terms of Use | Copyright © FTSE