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MSCI Equity Indices February 2010 Index Review

MSCI Inc (NYSE: MXB), a leading provider of investment decision support tools worldwide, including indices and portfolio risk and performance analytics, announced today changes to the MSCI Equity Indices – including the MSCI Global Standard and MSCI Global Small Cap Indices as well as the MSCI Global Value and Growth Indices, the MSCI Frontier Markets Indices, the MSCI Global Islamic Indices, the MSCI US Equity Indices, the MSCI US REIT Index and MSCI China A Indices – that will be made as of the close of February 26, 2010. These changes result from the February 2010 Quarterly Index Review and have been posted on MSCI’s web site at http://www.mscibarra.com.

MSCI Global Standard Indices: Eight securities will be added to and two securities1 will be deleted from the MSCI Global Standard Indices. The three largest additions to the MSCI World Index are Cree Inc (US), Groupe Eurotunnel (GET) (France) and Kinnevik Investment B (Sweden). The three largest additions to the MSCI Emerging Market Index are SMIC (China), Skyworth Digital Holdings (China) and Brookfield Incorporacoes (Brazil).

MSCI Global Small Cap Indices: There will be one addition1 to and twenty-five deletions from the MSCI Global Small Cap Indices.

MSCI Global Value and Growth Indices: As part of the Quarterly Index Reviews, securities added to or deleted from the MSCI Global Standard Indices are added to or deleted from the MSCI Global Value and Growth Indices. For the MSCI Global Value Indices, the additions will be Kinnevik Investment B (Sweden), SMIC (China) and Ratos B (Sweden). For the MSCI Global Growth Indices, the three largest additions will be Cree Inc (US), Groupe Eurotunnel (GET) (France) and Kinnevik Investment B (Sweden).

MSCI Frontier Markets Indices: There will be one addition to and no deletions from the MSCI Frontier Markets Indices. The only addition is Albaraka Banking Group (Bahrain).

As a reminder, MSCI introduced new stand-alone country indices for Botswana, Ghana and Jamaica at the November 2008 Semi-Annually Index Review and for Bangladesh at the November 2009 Semi-Annual Index Review. MSCI announced today its decision to add the MSCI Bangladesh Index to the MSCI Frontier Markets Indices coinciding with the May 2010 Semi-Annual Index Review, provided that at the time of the review the country still has the minimum required number of eligible securities for the MSCI Frontier Markets Indices. Based on current data, Botswana, Ghana and Jamaica would not meet the liquidity requirements for the MSCI Frontier Markets Indices and will therefore continue to be maintained as stand-alone indices.

MSCI Global Islamic Indices: 60 securities will be added to and 32 will be deleted from the MSCI All Country World Islamic Index (ACWI Islamic Index). The three largest additions to the MSCI ACWI Islamic Index are Taiwan Semiconductor Mfg (Taiwan), United Parcel Service B (US), and Colgate-Palmolive (US). There will also be three additions to and one deletion from the MSCI Gulf Cooperation Council (GCC) Countries Domestic Islamic Index.

MSCI US Equity Indices: There will be no additions to and no deletions from the MSCI US Large Cap 300 Index.

Two securities, Human Genome Sciences and Assured Guaranty, will be added to the MSCI US Mid Cap 450 Index. No securities will be deleted from the MSCI US Mid Cap 450 Index.

There will be no additions to the MSCI US Small Cap 1750 Index. Two securities will be deleted from the MSCI US Small Cap 1750 Index.

There will be no additions to or deletions from the MSCI US Micro Cap Index.

For the MSCI US Investable Market Value Index, there will be no additions or upward changes in Value Inclusion

Factors (VIFs), and one deletion or downward changes in VIFs. For the MSCI US Investable Market Growth Index, there will be one addition or upward changes in Growth Inclusion Factors (GIFs), and no deletions or downward changes in GIFs.

MSCI US REIT Index: There will be no additions to and no deletions from the MSCI US REIT Index.

MSCI China A Indices: There will be nine additions to and no deletions from the MSCI China A Index. The three largest additions to the MSCI China A Index are Guangxi Wuzhou Zhongheng A, Tianjin Guangyu Development A and Jiangsu Kanion Pharmaceutical A.

There will be no additions to and 15 deletions from the MSCI China A Small Cap Index.

The results of the February 2010 Quarterly Index Review of the MSCI High Dividend Yield Indices, the MSCI Pan-Euro and MSCI Euro Indices, the MSCI Global Islamic Small Cap Indices as well as the MSCI Asia APEX 50 Index have also been posted on MSCI’s web site at www.mscibarra.com.

About MSCI Inc.

MSCI Inc. is a leading provider of investment decision support tools to investment institutions worldwide. MSCI Inc. products include indices and portfolio risk and performance analytics for use in managing equity, fixed income and multi-asset class portfolios.

The company’s flagship products are the MSCI International Equity Indices, which include over 120,000 indices calculated daily across more than 70 countries, and the Barra risk models and portfolio analytics, which cover 59 equity and 48 fixed income markets. MSCI Inc. is headquartered in New York, with research and commercial offices around the world.

For further information on MSCI, please visit our web site at www.mscibarra.com

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1 As the index review price cutoff date was January 20, 2010, Japan Airlines Corp is included as a migration from the MSCI Global Standard Indices to the MSCI Global Small Cap Indices. On January 21 2010, Japan Airlines Corp was deleted from the MSCI Global Investable Market Indices due to its bankruptcy, as part of the standard corporate event process.

Contacts:

For media enquiries please contact:
Sally Todd | Clare Milton, Penrose Financial, London, + 44.20.7786.4888
Pen Pendleton | Patrick Clifford, Abernathy MacGregor, New York, + 1.212.371.5999
MSCI Barra Global Client Service:
Joe Pivarunas, MSCI Barra, London, + 44.20.7618.2222
Elizabeth Turner, MSCI Barra, New York, + 1.212.804.3901
Jackson Wang, MSCI Barra, San Francisco, + 1.415.836.8800
Abbie Bao, MSCI Barra, Hong Kong, + 852.2844.9333
Masao Ikeda, MSCI Barra, Tokyo, + 813.5226.8222

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