Announcement for February 28, 2019 at 10:10 PM GMT

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

MSCI WILL INCREASE THE WEIGHT OF CHINA A SHARES IN MSCI INDEXES

MSCI Inc. (NYSE: MSCI), a leading provider of indexes, portfolio analytics, and
services for global investors, announced today that it will increase the weight
of China A shares in the MSCI Indexes by increasing the inclusion factor from 5%
to 20% in three steps. This decision follows an extensive global consultation
with a large number of international institutional investors, including asset
owners, asset managers, broker/dealers and other market participants worldwide.
The proposal to increase the weight of China A shares garnered overwhelming
support from investors.

"Stock Connect has proven to be a robust channel to access A shares. The
successful implementation of the initial 5% inclusion of China A shares has been
a positive experience for international institutional investors and has fostered
their appetite to increase further their exposure to the mainland China equity
market," said Remy Briand, MSCI Managing Director and Chairman of the MSCI Index
Policy Committee. "The strong commitment by the Chinese regulators to continue
to improve market accessibility, evidenced by, among other things, the
significant reduction in trading suspensions in recent months, is another
critical factor that has won the support of international institutional
investors."

The feedback gathered during the consultation indicated that international
institutional investors prefer to see the weight of the China A Large Cap shares
increased in three steps rather than in two steps, as originally proposed, to
alleviate potential execution pressure on the implementation dates. In addition,
a significant proportion of investors also highlighted that China A Mid Cap
shares should be included in the MSCI Indexes jointly with the weight increase
in Large Cap shares to allow for a smoother implementation. Finally, the
proposal to add ChiNext to the list of eligible stock exchange segments for the
MSCI Global Investable Market Indexes received wide acceptance.

Consequently, MSCI will increase the weight of China A shares in the MSCI
Indexes according to the following schedule:

- Step 1: MSCI will increase the index inclusion factor of all China A Large Cap
shares in the MSCI Indexes from 5% to 10% and add ChiNext Large Cap shares with
a 10% inclusion factor coinciding with the May 2019 Semi Annual Index Review.
- Step 2: MSCI will increase the inclusion factor of all China A Large Cap
shares in the MSCI Indexes from 10% to 15% coinciding with the August 2019
Quarterly Index Review.
- Step 3: MSCI will increase the inclusion factor of all China A Large Cap
shares in the MSCI Indexes from 15% to 20% and add China A Mid Cap shares,
including eligible ChiNext shares, with a 20% inclusion factor to the MSCI
Indexes coinciding with the November 2019 Semi-Annual Index Review.

On completion of this three-step implementation, there will be 253 Large and 168
Mid Cap China A shares, including 27 ChiNext shares, on a pro forma basis in the
MSCI Emerging Markets Index, representing a weight of 3.3% in the pro forma
index.

As part of this consultation, international institutional investors also
stressed that a future weight increase of China A shares in the MSCI Indexes
beyond 20% would require Chinese authorities to address a number of remaining
market accessibility questions. MSCI is in contact with the appropriate
regulatory authorities to discuss the highlighted market accessibility
constraints, including restrictions on access to hedging and derivatives
instruments as well as concerns regarding the short settlement cycle of China A
shares, the trading holidays of Stock Connect and the availability of an Omnibus
trading mechanism.

MSCI welcomes the progress Chinese authorities have made thus far to improve the
accessibility of the China A shares market and their plans to actively promote
the further opening and development of that market. We encourage the rapid
realization of that goal, including permitting the listing of index futures and
other derivatives on onshore and offshore exchanges to help address
international institutional investors' growing needs for further risk management
tools, as well as making further improvements in the settlement cycle, trading
holidays and omnibus account structures. These developments would be welcomed by
investors ahead of any future weight increases of China A shares in the MSCI
Indexes.

MSCI will continue to monitor market developments to ensure that the weight of
China A shares in the MSCI Indexes remains reflective of the improvement of
market accessibility standards.

For further information on MSCI indexes or MSCI data, please visit our web site
at www.msci.com, or contact:

MSCI Global Client Service:
Americas Client Service: 1.888.588.4567 (toll free)/+ 1.212.804.3901
EMEA Client Service: + 44.20.7618.2222
Asia Pacific Client Service: + 852.2844.9333

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

                                     End of announcement.
                                     Further announcements may occur as needed.