US Equity Index ANNOUNCEMENTS - November 01, 2018 at 05:08 PM EDT
November 01, 2018 at 05:08 PM EDT

THIS IS AN ANNOUNCEMENT FOR THE MSCI US EQUITY INDEX SERIES

LIST OF COMPANIES IMPACTED BY REVISIONS TO THE GICS STRUCTURE IN MSCI US EQUITY
INDEXES

NEW YORK, November 1, 2018 - MSCI Inc., a leading provider of research-based
indexes and analytics announced today the list of companies to be impacted as a
result of the Global Industry Classification Standard (GICS) structure revisions
in December 2018 in MSCI US Equity Indexes. Note that the new company
classifications are subject to change before implementation due to ongoing
reviews, including for corporate events.

The following Industry changes will take place as of the close of November 30,
2018. MSCI will announce additional impacted companies, if any, on November 13,
2018.

In November 2017, MSCI and S&P DJI announced changes to the GICS structure that
were implemented after the close of business (ET) on Friday, September 28, 2018
in GICS Direct. These changes will be implemented in MSCI equity indexes as part
of the November 2018 Semi-Annual Index Review.

Summary of key changes:

Communication Services Sector
The Telecommunication Services Sector will be broadened and renamed
Communication Services to include companies that facilitate communication and
offer related content and information through various media.

The renamed Sector will include the existing telecommunication companies as well
as companies selected from the Consumer Discretionary Sector currently
classified under the Media Industry Group, such as Comcast Corp. (NASD:CMCSA)
and Naspers Ltd. (JSE:NPN). It will also include select companies from the
Internet & Direct Marketing Retail Sub-Industry such as Netflix Inc. (NASD:NFLX)
and TripAdvisor Inc. (NASD:TRIP), along with certain companies currently
classified in the Information Technology Sector, including Alphabet Inc.
(NASD:GOOGL) and Facebook Inc. (NASD:FB).

Internet & Direct Marketing Retail Sub-Industry under the Consumer Discretionary
Sector
The Internet & Direct Marketing Retail Sub-Industry will be updated to include
all online marketplaces for consumer products and services. The Sub-Industry
will include e-commerce companies regardless of whether they hold inventory, and
include companies such as Alibaba Group Holding Limited (NYSE:BABA)  and eBay
Inc. (NASD:EBAY).

Information Technology Sector
Companies currently classified in the Internet Software & Services Sub-Industry
such as data centers, cloud networking, storage infrastructure, and web hosting
services will be moved to a new Sub-Industry called Internet Services &
Infrastructure under the IT Services Industry. This Sub-Industry will include
companies such as VeriSign Inc. (NASD:VRSN) and Shopify Inc. (NYSE:SHOP).

In addition, cloud-based software companies currently classified as Internet
Software & Services such as LogMeIn Inc. (NASD:LOGM) and Nutanix Inc.
(NASD:NTNX) will be reclassified as Application Software.

As a result, the existing Internet Software & Services Industry and Sub-Industry
will be discontinued.

For more details regarding the upcoming structure changes, please visit
www.msci.com.

The new GICS structure will consist of 11 Sectors, 24 Industry Groups, 69
Industries and 158 Sub-Industries.

SUMMARY OF THE CHANGES INCLUDED IN THIS ANNOUNCEMENT.


                                  Number of
                                  GICS changes

MSCI US Large Cap 300 Index       20
MSCI US Mid Cap 450 Index         28
MSCI US Small Cap 1750 Index      80
MSCI US Micro Cap Index           35


MSCI US Large Cap 300 Index

21ST CENTURY FOX A
CURRENT GICS SUB-INDUSTRY 25401030 Movies & Entertainment
NEW GICS SUB-INDUSTRY     50202010 Movies & Entertainment

21ST CENTURY FOX B
CURRENT GICS SUB-INDUSTRY 25401030 Movies & Entertainment
NEW GICS SUB-INDUSTRY     50202010 Movies & Entertainment

ACTIVISION BLIZZARD
CURRENT GICS SUB-INDUSTRY 45103030 Home Entertainment Software
NEW GICS SUB-INDUSTRY     50202020 Interactive Home Entertainment

ALPHABET A
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services

ALPHABET C
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services

CBS CORP B
CURRENT GICS SUB-INDUSTRY 25401020 Broadcasting
NEW GICS SUB-INDUSTRY     50201020 Broadcasting

CHARTER COMM A (NEW)
CURRENT GICS SUB-INDUSTRY 25401025 Cable & Satellite
NEW GICS SUB-INDUSTRY     50201030 Cable & Satellite

COMCAST CORP A (NEW)
CURRENT GICS SUB-INDUSTRY 25401025 Cable & Satellite
NEW GICS SUB-INDUSTRY     50201030 Cable & Satellite

DISH NETWORK A
CURRENT GICS SUB-INDUSTRY 25401025 Cable & Satellite
NEW GICS SUB-INDUSTRY     50201030 Cable & Satellite

DISNEY (WALT)
CURRENT GICS SUB-INDUSTRY 25401030 Movies & Entertainment
NEW GICS SUB-INDUSTRY     50202010 Movies & Entertainment

EBAY
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     25502020 Internet & Direct Marketing Retail

ELECTRONIC ARTS
CURRENT GICS SUB-INDUSTRY 45103030 Home Entertainment Software
NEW GICS SUB-INDUSTRY     50202020 Interactive Home Entertainment

FACEBOOK A
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services

LIBERTY GLOBAL A
CURRENT GICS SUB-INDUSTRY 25401025 Cable & Satellite
NEW GICS SUB-INDUSTRY     50201030 Cable & Satellite

LIBERTY GLOBAL C
CURRENT GICS SUB-INDUSTRY 25401025 Cable & Satellite
NEW GICS SUB-INDUSTRY     50201030 Cable & Satellite

NETFLIX
CURRENT GICS SUB-INDUSTRY 25502020 Internet & Direct Marketing Retail
NEW GICS SUB-INDUSTRY     50202010 Movies & Entertainment

OMNICOM GROUP
CURRENT GICS SUB-INDUSTRY 25401010 Advertising
NEW GICS SUB-INDUSTRY     50201010 Advertising

SIRIUS XM HOLDINGS
CURRENT GICS SUB-INDUSTRY 25401025 Cable & Satellite
NEW GICS SUB-INDUSTRY     50201030 Cable & Satellite

SNAP A
CURRENT GICS SUB-INDUSTRY 45103010 Application Software
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services

TWITTER
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services


MSCI US Mid Cap 450 Index

AKAMAI TECHNOLOGIES
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45102030 Internet Services & Infrastructure

DISCOVERY A
CURRENT GICS SUB-INDUSTRY 25401020 Broadcasting
NEW GICS SUB-INDUSTRY     50201020 Broadcasting

DISCOVERY C
CURRENT GICS SUB-INDUSTRY 25401020 Broadcasting
NEW GICS SUB-INDUSTRY     50201020 Broadcasting

GODADDY A
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45102030 Internet Services & Infrastructure

GRUBHUB
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     25502020 Internet & Direct Marketing Retail

IAC/INTERACTIVECORP A
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services

INTERPUBLIC GROUP OF COS
CURRENT GICS SUB-INDUSTRY 25401010 Advertising
NEW GICS SUB-INDUSTRY     50201010 Advertising

LIBERTY BROADBAND A
CURRENT GICS SUB-INDUSTRY 25401025 Cable & Satellite
NEW GICS SUB-INDUSTRY     50201030 Cable & Satellite

LIBERTY BROADBAND C
CURRENT GICS SUB-INDUSTRY 25401025 Cable & Satellite
NEW GICS SUB-INDUSTRY     50201030 Cable & Satellite

LIBERTY FORMULA ONE A
CURRENT GICS SUB-INDUSTRY 25401030 Movies & Entertainment
NEW GICS SUB-INDUSTRY     50202010 Movies & Entertainment

LIBERTY FORMULA ONE C
CURRENT GICS SUB-INDUSTRY 25401030 Movies & Entertainment
NEW GICS SUB-INDUSTRY     50202010 Movies & Entertainment

LIBERTY LATIN AMERICA A
CURRENT GICS SUB-INDUSTRY 25401025 Cable & Satellite
NEW GICS SUB-INDUSTRY     50201030 Cable & Satellite

LIBERTY LATIN AMERICA C
CURRENT GICS SUB-INDUSTRY 25401025 Cable & Satellite
NEW GICS SUB-INDUSTRY     50201030 Cable & Satellite

LIBERTY SIRIUSXM A
CURRENT GICS SUB-INDUSTRY 25401025 Cable & Satellite
NEW GICS SUB-INDUSTRY     50201030 Cable & Satellite

LIBERTY SIRIUSXM C
CURRENT GICS SUB-INDUSTRY 25401025 Cable & Satellite
NEW GICS SUB-INDUSTRY     50201030 Cable & Satellite

LIVE NATION ENTMT
CURRENT GICS SUB-INDUSTRY 25401030 Movies & Entertainment
NEW GICS SUB-INDUSTRY     50202010 Movies & Entertainment

LOGMEIN
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

MATCH GROUP
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services

MERCADOLIBRE
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     25502020 Internet & Direct Marketing Retail

NEWS CORP A
CURRENT GICS SUB-INDUSTRY 25401040 Publishing
NEW GICS SUB-INDUSTRY     50201040 Publishing

NEWS CORP B
CURRENT GICS SUB-INDUSTRY 25401040 Publishing
NEW GICS SUB-INDUSTRY     50201040 Publishing

NUTANIX A
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

TAKE-TWO INTERACTIVE SOF
CURRENT GICS SUB-INDUSTRY 45103030 Home Entertainment Software
NEW GICS SUB-INDUSTRY     50202020 Interactive Home Entertainment

TRIPADVISOR
CURRENT GICS SUB-INDUSTRY 25502020 Internet & Direct Marketing Retail
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services

VERISIGN
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45102030 Internet Services & Infrastructure

VIACOM B (NEW)
CURRENT GICS SUB-INDUSTRY 25401030 Movies & Entertainment
NEW GICS SUB-INDUSTRY     50202010 Movies & Entertainment

ZILLOW GROUP A
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services

ZILLOW GROUP C
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services


MSCI US Small Cap 1750 Index

2U
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

ALARM.COM HOLDINGS
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

AMC ENTERTAINMENT HLDG A
CURRENT GICS SUB-INDUSTRY 25401030 Movies & Entertainment
NEW GICS SUB-INDUSTRY     50202010 Movies & Entertainment

AMC NETWORKS A
CURRENT GICS SUB-INDUSTRY 25401020 Broadcasting
NEW GICS SUB-INDUSTRY     50201020 Broadcasting

APPFOLIO A
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

APPTIO A
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

BENEFITFOCUS
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

BOX A
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

CABLE ONE
CURRENT GICS SUB-INDUSTRY 25401025 Cable & Satellite
NEW GICS SUB-INDUSTRY     50201030 Cable & Satellite

CARBONITE
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45102030 Internet Services & Infrastructure

CARS.COM
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services

CINEMARK HOLDINGS
CURRENT GICS SUB-INDUSTRY 25401030 Movies & Entertainment
NEW GICS SUB-INDUSTRY     50202010 Movies & Entertainment

CISION
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

CLOUDERA
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

CORNERSTONE ONDEMAND
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

COUPA SOFTWARE
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

EMERALD EXPOSITIONS
CURRENT GICS SUB-INDUSTRY 25401010 Advertising
NEW GICS SUB-INDUSTRY     50201010 Advertising

ENDURANCE INTERNATIONAL
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45102030 Internet Services & Infrastructure

ENTERCOM COMMU CORP
CURRENT GICS SUB-INDUSTRY 25401020 Broadcasting
NEW GICS SUB-INDUSTRY     50201020 Broadcasting

ENTRAVISION COMMU A
CURRENT GICS SUB-INDUSTRY 25401020 Broadcasting
NEW GICS SUB-INDUSTRY     50201020 Broadcasting

ENVESTNET
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

ETSY
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     25502020 Internet & Direct Marketing Retail

FIVE9
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

GANNETT (NEW)
CURRENT GICS SUB-INDUSTRY 25401040 Publishing
NEW GICS SUB-INDUSTRY     50201040 Publishing

GCI LIBERTY A
CURRENT GICS SUB-INDUSTRY 25401025 Cable & Satellite
NEW GICS SUB-INDUSTRY     50201030 Cable & Satellite

GLOBAL EAGLE ENTMT
CURRENT GICS SUB-INDUSTRY 25401030 Movies & Entertainment
NEW GICS SUB-INDUSTRY     50202010 Movies & Entertainment

GLU MOBILE
CURRENT GICS SUB-INDUSTRY 45103010 Application Software
NEW GICS SUB-INDUSTRY     50202020 Interactive Home Entertainment

GOGO INC
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50102010 Wireless Telecommunication Services

GRAY TELEVISION B
CURRENT GICS SUB-INDUSTRY 25401020 Broadcasting
NEW GICS SUB-INDUSTRY     50201020 Broadcasting

GTT COMMUNICATIONS
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45102030 Internet Services & Infrastructure

HEMISPHERE MEDIA GROUP A
CURRENT GICS SUB-INDUSTRY 25401020 Broadcasting
NEW GICS SUB-INDUSTRY     50201020 Broadcasting

HORTONWORKS
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

IMAX
CURRENT GICS SUB-INDUSTRY 25401030 Movies & Entertainment
NEW GICS SUB-INDUSTRY     50202010 Movies & Entertainment

INSTRUCTURE
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

INTERNAP CORP
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45102030 Internet Services & Infrastructure

J2 GLOBAL
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

LIBERTY BRAVES A
CURRENT GICS SUB-INDUSTRY 25401030 Movies & Entertainment
NEW GICS SUB-INDUSTRY     50202010 Movies & Entertainment

LIBERTY BRAVES C
CURRENT GICS SUB-INDUSTRY 25401030 Movies & Entertainment
NEW GICS SUB-INDUSTRY     50202010 Movies & Entertainment

LIBERTY TRIPADVISOR A
CURRENT GICS SUB-INDUSTRY 25502020 Internet & Direct Marketing Retail
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services

LIONS GATE ENTMT A
CURRENT GICS SUB-INDUSTRY 25401030 Movies & Entertainment
NEW GICS SUB-INDUSTRY     50202010 Movies & Entertainment

LIONS GATE ENTMT B
CURRENT GICS SUB-INDUSTRY 25401030 Movies & Entertainment
NEW GICS SUB-INDUSTRY     50202010 Movies & Entertainment

LIVEPERSON
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

LORAL SPACE & COMMU
CURRENT GICS SUB-INDUSTRY 25401025 Cable & Satellite
NEW GICS SUB-INDUSTRY     50201030 Cable & Satellite

MADISON SQUARE A (NEW)
CURRENT GICS SUB-INDUSTRY 25401030 Movies & Entertainment
NEW GICS SUB-INDUSTRY     50202010 Movies & Entertainment

MARCUS CORP (THE)
CURRENT GICS SUB-INDUSTRY 25401030 Movies & Entertainment
NEW GICS SUB-INDUSTRY     50202010 Movies & Entertainment

MDC PARTNERS A
CURRENT GICS SUB-INDUSTRY 25401010 Advertising
NEW GICS SUB-INDUSTRY     50201010 Advertising

MEREDITH CORP
CURRENT GICS SUB-INDUSTRY 25401040 Publishing
NEW GICS SUB-INDUSTRY     50201040 Publishing

MINDBODY A
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

MSG NETWORKS A
CURRENT GICS SUB-INDUSTRY 25401025 Cable & Satellite
NEW GICS SUB-INDUSTRY     50201030 Cable & Satellite

NATIONAL CINEMEDIA
CURRENT GICS SUB-INDUSTRY 25401010 Advertising
NEW GICS SUB-INDUSTRY     50201010 Advertising

NEW MEDIA
CURRENT GICS SUB-INDUSTRY 25401040 Publishing
NEW GICS SUB-INDUSTRY     50201040 Publishing

NEW RELIC
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

NEW YORK TIMES CO A
CURRENT GICS SUB-INDUSTRY 25401040 Publishing
NEW GICS SUB-INDUSTRY     50201040 Publishing

NEXSTAR MEDIA GROUP A
CURRENT GICS SUB-INDUSTRY 25401020 Broadcasting
NEW GICS SUB-INDUSTRY     50201020 Broadcasting

PANDORA MEDIA
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50202010 Movies & Entertainment

Q2 HOLDINGS
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

QUOTIENT TECHNOLOGY
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     25502020 Internet & Direct Marketing Retail

SCHOLASTIC CORP
CURRENT GICS SUB-INDUSTRY 25401040 Publishing
NEW GICS SUB-INDUSTRY     50201040 Publishing

SCRIPPS CO (E.W.) A
CURRENT GICS SUB-INDUSTRY 25401020 Broadcasting
NEW GICS SUB-INDUSTRY     50201020 Broadcasting

SENDGRID
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

SHUTTERSTOCK
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     25502020 Internet & Direct Marketing Retail

SINCLAIR BROADCAST GRP A
CURRENT GICS SUB-INDUSTRY 25401020 Broadcasting
NEW GICS SUB-INDUSTRY     50201020 Broadcasting

SPS COMMERCE
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

STAMPS.COM
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     25502020 Internet & Direct Marketing Retail

TEGNA
CURRENT GICS SUB-INDUSTRY 25401020 Broadcasting
NEW GICS SUB-INDUSTRY     50201020 Broadcasting

THE MEET GROUP
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services

TRADE DESK A
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

TRIBUNE MEDIA A
CURRENT GICS SUB-INDUSTRY 25401020 Broadcasting
NEW GICS SUB-INDUSTRY     50201020 Broadcasting

TRIBUNE PUBLISHING CO
CURRENT GICS SUB-INDUSTRY 25401040 Publishing
NEW GICS SUB-INDUSTRY     50201040 Publishing

TRUECAR
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services

TUCOWS
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45102030 Internet Services & Infrastructure

TWILIO A
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45102030 Internet Services & Infrastructure

VERITONE
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

WIDEOPENWEST
CURRENT GICS SUB-INDUSTRY 25401025 Cable & Satellite
NEW GICS SUB-INDUSTRY     50201030 Cable & Satellite

WILEY (JOHN) & SONS A
CURRENT GICS SUB-INDUSTRY 25401040 Publishing
NEW GICS SUB-INDUSTRY     50201040 Publishing

WORLD WRESTLING ENTMT A
CURRENT GICS SUB-INDUSTRY 25401030 Movies & Entertainment
NEW GICS SUB-INDUSTRY     50202010 Movies & Entertainment

XO GROUP
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services

YELP A
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services

YEXT
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

ZYNGA A
CURRENT GICS SUB-INDUSTRY 45103030 Home Entertainment Software
NEW GICS SUB-INDUSTRY     50202020 Interactive Home Entertainment


MSCI US Micro Cap Index

A.H. BELO A
CURRENT GICS SUB-INDUSTRY 25401040 Publishing
NEW GICS SUB-INDUSTRY     50201040 Publishing

AMBER ROAD
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

AUTOWEB
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services

BRIGHTCOVE
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45102030 Internet Services & Infrastructure

CARE.COM
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services

CHANNELADVISOR CORP
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

CINEDIGM A
CURRENT GICS SUB-INDUSTRY 25401030 Movies & Entertainment
NEW GICS SUB-INDUSTRY     50202010 Movies & Entertainment

DAILY JOURNAL CORP
CURRENT GICS SUB-INDUSTRY 25401040 Publishing
NEW GICS SUB-INDUSTRY     50201040 Publishing

DETERMINE
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

DHI GROUP
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services

EGAIN CORPORATION
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

FLUENT
CURRENT GICS SUB-INDUSTRY 25401010 Advertising
NEW GICS SUB-INDUSTRY     50201010 Advertising

HARTE-HANKS
CURRENT GICS SUB-INDUSTRY 25401010 Advertising
NEW GICS SUB-INDUSTRY     50201010 Advertising

IPASS
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

LEAF GROUP
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     25502020 Internet & Direct Marketing Retail

LEE ENTERPRISES
CURRENT GICS SUB-INDUSTRY 25401040 Publishing
NEW GICS SUB-INDUSTRY     50201040 Publishing

LIMELIGHT NETWORKS
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45102030 Internet Services & Infrastructure

LIQUIDITY SERVICES INC
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     25502020 Internet & Direct Marketing Retail

MARCHEX B
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50201010 Advertising

MARIN SOFTWARE
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

MCCLATCHY CO A
CURRENT GICS SUB-INDUSTRY 25401040 Publishing
NEW GICS SUB-INDUSTRY     50201040 Publishing

QUINSTREET
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services

QUMU CORP
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

ROSETTA STONE
CURRENT GICS SUB-INDUSTRY 45103030 Home Entertainment Software
NEW GICS SUB-INDUSTRY     50202020 Interactive Home Entertainment

SAGA COMMUNICATIONS A
CURRENT GICS SUB-INDUSTRY 25401020 Broadcasting
NEW GICS SUB-INDUSTRY     50201020 Broadcasting

SALEM MEDIA GROUP A
CURRENT GICS SUB-INDUSTRY 25401020 Broadcasting
NEW GICS SUB-INDUSTRY     50201020 Broadcasting

SPAR GROUP
CURRENT GICS SUB-INDUSTRY 25401010 Advertising
NEW GICS SUB-INDUSTRY     50201010 Advertising

SUPPORT.COM
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

SYNACOR
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

TECHTARGET
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50201010 Advertising

TELARIA
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     45103010 Application Software

TRAVELZOO
CURRENT GICS SUB-INDUSTRY 45101010 Internet Software & Services
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services

URBAN ONE A
CURRENT GICS SUB-INDUSTRY 25401020 Broadcasting
NEW GICS SUB-INDUSTRY     50201020 Broadcasting

URBAN ONE D
CURRENT GICS SUB-INDUSTRY 25401020 Broadcasting
NEW GICS SUB-INDUSTRY     50201020 Broadcasting

ZEDGE B
CURRENT GICS SUB-INDUSTRY 45103010 Application Software
NEW GICS SUB-INDUSTRY     50203010 Interactive Media & Services

THIS IS AN ANNOUNCEMENT FOR THE MSCI US EQUITY INDEX SERIES

                                     End of announcement.
                                     Further announcements may occur as needed.