Announcement for July 14, 2016 at 09:01 PM GMT

Global Industry Classification Standard (GICS) Changes* on account of ongoing
review by MSCI and S&P Global

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

The following Industry changes will take place as of the close of
July 29, 2016.


SUMMARY OF THE CHANGES INCLUDED IN THIS ANNOUNCEMENT.


                         Number of
                         GICS changes

NETHERLANDS              2
UNITED KINGDOM           1


NETHERLANDS

RELX (NL)
CURRENT GICS SUB-INDUSTRY 25401040 Publishing
NEW GICS SUB-INDUSTRY     20202020 Research & Consulting Services

WOLTERS KLUWER
CURRENT GICS SUB-INDUSTRY 25401040 Publishing
NEW GICS SUB-INDUSTRY     20202020 Research & Consulting Services


UNITED KINGDOM

RELX (GB)
CURRENT GICS SUB-INDUSTRY 25401040 Publishing
NEW GICS SUB-INDUSTRY     20202020 Research & Consulting Services



* Twice a month, MSCI announces changes in
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.