STANDARD ANNOUNCEMENTS - November 12, 2019 at 03:04 PM GMT
Announcement for November 12, 2019 at 03:04 PM GMT

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

UPDATE ON KUWAIT

On October 26, 2019, the Kuwait Capital Market Authority (CMA) announced that it
issued resolutions, amending some provisions of the executive bylaws and rules
related to implementation of omnibus accounts and same National Investor Number
(NIN) cross trades.

MSCI Inc. (NYSE: MSCI), a leading provider of research-based indexes and
analytics, is seeking feedback from market participants on this development
until November 29, 2019. MSCI will communicate its final decision on the
potential reclassification of the MSCI Kuwait Indexes to Emerging Markets by
December 31, 2019.

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.