Announcement for December 01, 2017 at 10:01 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
December 29, 2017.

SUMMARY OF THE CHANGES INCLUDED IN THIS ANNOUNCEMENT.

                         Number of
                         GICS changes

CANADA                   1
KOREA                    1
USA                      1

CANADA

BLACKBERRY
CURRENT GICS SUB-INDUSTRY 45202030 Technology Hardware, Storage & Peripherals
NEW GICS SUB-INDUSTRY     45103020 Systems Software

KOREA

HYUNDAI ROBOTICS
CURRENT GICS SUB-INDUSTRY 45301020 Semiconductors
NEW GICS SUB-INDUSTRY     20106020 Industrial Machinery

USA

HARRIS CORP
CURRENT GICS SUB-INDUSTRY 45201020 Communications Equipment
NEW GICS SUB-INDUSTRY     20101010 Aerospace & Defense

* 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.