Announcement for July 02, 2018 at 09:13 PM GMT

Global Industry Classification Standard (GICS) Changes*

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

The following Industry changes will take place as of the close of
July 31, 2018.


SUMMARY OF THE CHANGES INCLUDED IN THIS ANNOUNCEMENT.


                         Number of
                         GICS changes

CHINA                    1
INDIA                    1


CHINA

WUHU SHUNRONG A (HK-C)
CURRENT GICS SUB-INDUSTRY 25101010 Auto Parts & Equipment
NEW GICS SUB-INDUSTRY     45103030 Home Entertainment Software


INDIA

EICHER MOTORS
CURRENT GICS SUB-INDUSTRY 20106010 Construction Machinery & Heavy Trucks
NEW GICS SUB-INDUSTRY     25102020 Motorcycle Manufacturers


* Twice a month, MSCI announces changes
in the Global Industry Classification Standard (GICS) at Industry level. For
every change, the whole Sub-Industry code is provided. Changes at Sub-Industry
level only are not announced.

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

                                     End of announcement.
                                     Further announcements may occur as needed.