STANDARD ANNOUNCEMENTS - August 27, 2019 at 08:18 PM GMT
Announcement for August 27, 2019 at 08:18 PM GMT

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

MSCI TO CONSULT ON POTENTIAL ENHANCEMENT TO THE MSCI JAPAN EMPOWERING WOMEN
(WIN) INDEX METHODOLOGY

MSCI Inc. (NYSE: MSCI), a leading provider of research-based indexes and
analytics, announced today the launch of a consultation with the investment
community on a proposal to change the parent index of the MSCI Japan Empowering
Women (WIN) Index from the MSCI Japan IMI Top 500 to the MSCI Japan IMI Top 700
starting from the November 2019 Semi-Annual Index Review. The proposal aims to
provide enhanced coverage of the MSCI Japan IMI universe, following the
increased availability of ESG data.

A document describing the index methodology proposal is available on the MSCI
website at: https://www.msci.com/index-consultations

MSCI welcomes any feedback from the investment community on the proposal on or
before September 17, 2019 and will announce its decision on or before September
24, 2019.

Please note that this proposal may or may not result in changes to the MSCI
Japan Empowering Women (WIN) Index Methodology.

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.