Announcement for September 10, 2020 at 09:05 PM GMT

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

UPDATED LIST OF SECURITIES IN THE INVESTABLE EQUITY UNIVERSE OF THE MSCI
PROVISIONAL KUWAIT INDEXES

MSCI Inc. (NYSE: MSCI), a leading provider of research-based indexes and
analytics, has updated today the list of securities in the investable equity
universe of the MSCI Provisional Kuwait Indexes, reflecting changes implemented
as part of the August 2020 Quarterly Index Review.

As a reminder, MSCI announced on April 8, 2020 that the reclassification of the
MSCI Kuwait Indexes to Emerging Markets will be implemented in one step
coinciding with the November 2020 Semi-Annual Index Review.

The updated list of securities, along with the Q&A document on the
Reclassification of Kuwait to Emerging Markets are available at:
https://www.msci.com/market-classification

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

                                     End of announcement.
                                     Further announcements may occur as needed.