Changes in MSCI's Standard Index

Unitech, Videocon, Aditya Birla Nuvo will be included in popular index complier MSCI’s Standard Index series following an annual review.

Arvind Mills, Biocon wither on elimination from MSCI Index

Bank of Baroda and Matrix Laboratories have also been excluded from the MSCI pack.

This changes in MSCI's Standard Index will take effect from the close of 31 May 2007.

MSCI Barra, is a leading provider of benchmark indices and risk management analytics products, and announced changes today for the MSCI Standard Index Series. These changes result from the May 2007 Annual Full Country Index Review.

MSCI Barra’s risk models and analytics products help the world’s largest investors analyze, measure and manage portfolio and firm-wide investment risk