Geneva, May 14, 2014

MSCI GLOBAL SMALL CAP INDEXES

The following are changes in constituents for the MSCI Global Small Cap Indexes which will take place as of the close of May 30, 2014.

SUMMARY PER COUNTRY and PER REGION:

Nb of Nb of Securities Securities Region Country Added Deleted

Asia Pacific 16 13 36 49 6 6 3 8 2 2 10 12 4 9 PHILIPPINES 0 3 32 29 KOREA 16 26 4 6 13 13 45 25

Nb of Nb of Securities Securities Region Country Added Deleted

Europe, and GREECE 2 0 SWITZERLAND 4 1 DENMARK 2 2 SPAIN 3 0 FRANCE 8 3 GERMANY 6 1 NETHERLANDS 0 1 ITALY 3 0 NORWAY 10 0 AUSTRIA 2 0 SWEDEN 4 0 18 7 FINLAND 0 1 TURKEY 1 10 PORTUGAL 4 0 IRELAND 1 0 ISRAEL 0 3 4 4 POLAND 1 1 UNITED ARAB EMIRATES10 0 RUSSIA 2 5 EGYPT 1 0 QATAR 11 0

Nb of Nb of Securities Securities Region Country Added Deleted

Americas USA 97 53 19 6 MEXICO 7 0 CHILE 2 3 BRAZIL 8 8 PERU 0 2

ASIA PACIFIC

Page 1 MSCI Global Small Cap Indexes - May 14, 2014 © MSCI 2014, All rights reserved MSCI AUSTRALIA INDEX Additions Deletions BILLABONG INTERNATIONAL AUSTIN ENGINEERING CEDAR WOODS PROPERTIES GRANGE RESOURCES COVER-MORE GROUP LTD KINGSGATE CONSOLIDATED DICK SMITH HOLDINGS LTD MAVERICK DRILLING & EXP ECHO ENTERTAINMENT GROUP MINERAL DEPOSITS ERM POWER OM HOLDINGS GDI PROPERTY GROUP PERSEUS MINING GREENCROSS RED FORK ENERGY IPROPERTY GROUP SILVER LAKE RESOURCES OZFOREX GROUP LTD STARPHARMA HOLDINGS PACT GROUP HOLDINGS LTD TPG TELECOM SLATER & GORDON VEDA GROUP LTD VILLAGE ROADSHOW VOCATION LTD

MSCI JAPAN INDEX Additions Deletions AEON REIT INVESTMENT ACCESS CO ARDEPRO CO AEON FANTASY CO ARTNATURE ALPHA SYSTEMS AS ONE CORP ANGES MG ASHIKAGA HOLDINGS ASAHI ORGANIC CHEMICALS ATEAM ATSUGI CO COCA-COLA WEST CO AXELL ELECOM CO BIT-ISLE ENERES CO LTD CHUGAI RO CO FUKUDA DENSHI CO DAI NIPPON TORYO CO HOKKAIDO ELECTRIC POWER DAI-ICHI SEIKO CO HULIC REIT FUJI OIL CO INFOMART CORP GCA SAVVIAN CORP JAMCO CORP HAKUTO CO JAPAN COMMUNICATIONS HIGASHI NIHON HOUSE JAPAN PETROLEUM EXP. HIOKI E E CORP JAPAN STEEL WORKS HOOSIERS HOLDINGS KINDEN CORP JAPAN ASSET MARKETING CO KNT-CT HOLDINGS CO KONAKA CO KONOIKE TRANSPORT KOSEI SECURITIES CO MARVELOUS AQL KROSAKI HARIMA CORP MICRONICS JAPAN CO KYOSAN ELECTRIC MFG CO MIXI LIFENET INSURANCE CO NAKANISHI MEDINET CO NISHI-NIPPON CITY BANK MITSUI MATSUSHIMA CO OPEN HOUSE NAGAWA CO PARCO CO NICE HOLDINGS SHIBUYA KOGYO CO NIHON YAMAMURA GLASS CO SHOWA DENKO K.K NIPPON CARBIDE IND SOJITZ CORP NIPPON CARBON CO SUMCO NISSEN HOLDINGS CO TEIKOKU SEN-I CO ODELIC CO TOYOTA BOSHOKU CORP ONCOTHERAPY SCIENCE TRANCOM CO OSAKI ELECTRIC CO TSUMURA & CO OTSUKA KAGU UBE INDUSTRIES PASONA GROUP RISO KYOIKU CO SANOH INDUSTRIAL CO SANSHIN ELECTRONICS CO SHINKO SHOJI CO SINFONIA TECHNOLOGY CO SODICK CO ST CORP STELLA CHEMIFA CORP SUMITOMO PRECISION PROD. SUN CORP SYSTENA CORP T RAD CO TELLA

MSCI HONG KONG INDEX Additions Deletions

Page 2 MSCI Global Small Cap Indexes - May 14, 2014 © MSCI 2014, All rights reserved ARTEL SOLUTIONS GRP HOLD HKR INTERNATIONAL HOPEWELL HOLDINGS MONGOLIA ENERGY CO IGG PALIBURG HOLDINGS PARADISE ENTERTAINMENT PICO FAR EAST HOLDINGS SUMMIT ASCENT HOLDINGS SILVER BASE HLDGS HK TOWN HEALTH INTL TECHTRONIC INDUSTRIES CO

MSCI SINGAPORE INDEX Additions Deletions PACIFIC RADIANCE BLUMONT GROUP SILVERLAKE AXIS COURTS ASIA STATS CHIPPAC CSE GLOBAL GEO ENERGY RESOURCES HI-P INTERNATIONAL INTERNATIONAL HEALTHWAY SPH REIT TRANSPAC INDUSTRIAL

MSCI NEW ZEALAND INDEX Additions Deletions INST REC

MSCI MALAYSIA INDEX Additions Deletions AXIS REAL ESTATE INV ANN JOO RESOURCES BERJAYA AUTO BHD BIMB HLDGS DATASONIC GROUP CSC STEEL HOLDINGS DKSH HOLDINGS EVERSENDAI CORP INARI AMERTRON HAI-O ENTERPRISE BHD JAYA TIASA HOLDINGS HAP SENG CONSOLIDATED KAREX BHD LANDMARKS PARKSON BHD LION INDUSTRIES CORP SCOMI ENERGY SERVICES PARAMOUNT CORP STAR PUBLICATIONS (MAL) SEG INTERNATIONAL UCHI TECHNOLOGIES YTL LAND & DEVELOPMENT

MSCI INDONESIA INDEX Additions Deletions INDAH KIAT PULP & PAPER AKR CORPORINDO INDUSTRI JAMU FARMASI BISI INTL INOVISI INFRACOM BORNEO LUMBUNG ENERGI SILOAM INTNL HOSPITA BUMI RESOURCES MINERALS ELECTRONIC CITY INDONES GADING DEVELOPMENT TBK HEXINDO ADIPERKASA TBK P METROPOLITAN LAND RESOURCE ALAM INDONESIA

MSCI PHILIPPINES INDEX Additions Deletions None PHILEX PETROLEUM CORP PHILWEB CORP SAN MIGUEL PURE FOODS CO

MSCI TAIWAN INDEX Additions Deletions ADDCN TECHNOLOGY A.G.V. PRODUCTS ADVANCED LITH ELCTROCHM ACTER CO BENQ MATERIALS CORP CAPELLA MICROSYS TAIWAN BROGENT TECHNOLOGIES CHAMPION BUILDING MATRLS BROWAVE CORP CHIEN KUO CONST CO CHENG UEI PRECISION IND CHINA ELECTRIC MFG CHICONY POWER TECHNOLOGY CONCORD SECURITIES CORP CHINA PETROCHEMICAL DEV ENTIRE TECHNOLOGY CO CUB ELECPARTS GLOBAL BRANDS MANUFACT. E-LEAD ELECTRONIC CO HANNSTAR BOARD CORP ELITE ADVANCED LASER HOLIDAY ENTERTAINMENT CO

Page 3 MSCI Global Small Cap Indexes - May 14, 2014 © MSCI 2014, All rights reserved FENG HSIN IRON & STEEL HSIN KUANG STEEL CO FOCALTECH CORPORATION INTEGRATED MEMORY LOGIC ISSC TECHNOLOGIES CORP JESS-LINK PRODUCTS CO KUO TOONG INTL KINKO OPTICAL CO LEE CHANG YUNG CHEM IND KOBIN ENVIRONMNTL ENTER LOTUS PHARMACEUTICAL L&K ENGINEERING CO LUNG YEN CO LES ENPHANTS CO MACAUTO INDUSTRIAL PACIFIC HOSPITAL SUPPLY NAK SEALING TECHNOLOGY PHIHONG TECHNOLOGY CO NAN KANG RUBBER TIRE CO POWER QUOTIENT INT'L ON BRIGHT ELECTRONICS SESODA CORP POSIFLEX TAINAN ENTERPRISES CO SILERGY CORP TAISUN ENTERPRISE CO TAIGEN BIOPHARMACEUTICAL TAIYEN BIOTECH CO TAIWAN SEMICONDUCTOR CO TOPCO TECHNOLOGIES TOPKEY CORP VE WONG CORP TSC AUTO ID TECHNOLOGY WAFER WORKS CORP TWI PHARMACEUTICALS YOUNG FAST OPTOELECTRONI USUN TECHNOLOGY WAN HAI LINES YUNGSHIN CONSTR & DEVLPT

MSCI KOREA INDEX Additions Deletions AJ RENT A CAR CELLTRION PHARM CJ HELLOVISION CHONG KUN DANG HOLDINGS FARMSCO CNK INTERNATIONAL CO HALIM HOLDINGS CO COSMAX BTI HYUNDAI BNG STEEL DONGJIN SEMICHEM CO HYUNDAI ELEVATOR CO DONGKUK INDUSTRIES CO HYUNDAI SECURITIES CO FLEXCOM HYUNDAI SECURITIES PFD HANALL BIOPHARMA INTERPARK INT CORP HOTEL SHILLA CO KGMOBILIANS CO ICD KOREA LINE INFRAWARE NATURALENDO TECH CO LTD INKTEC CO NHN ENTERTAINMENT CORP KTB INVESTMENT & SEC CO PULMUONE HOLDINGS CO KUMHO ELECTRIC SEOWONINTECH MELFAS SUNDAYTOZ CORP MNTECH CO NEXOLON OPTRON TEC PARADISE CO PHARMICELL CO S MAC SIGNETICS STS SEMICOND & TEL STX ENGINE CO UJU ELECTRONICS CO UNISON CO

MSCI THAILAND INDEX Additions Deletions BJC HEAVY INDUSTRIES BUMRUNGRAD HOSPITAL PUB MEGA LIFESCIENCES G STEEL PCL NAMYONG TERMINAL GMM GRAMMY TOYO THAI CORP PCL SRITHAI SUPERWARE PUB THAI UNION FROZEN PROD UNION MOSAIC INDUSTRY

MSCI INDIA INDEX Additions Deletions BAJAJ CORP ALOK INDUSTRIES COROMANDEL INTERNATIONAL AUROBINDO PHARMA ENGINEERS INDIA CHAMBAL FERTIL. & CHEM ESS DEE ALUMINIUM CHOLAMANDALAM INV & FIN INDIAN BANK EICHER MOTORS JAIPRAKASH PWR VENTURES GLOBAL INFRATECH & FIN KAJARIA CERAMICS GRAPHITE INDIA MPHASIS INDIAN INFOTECH SOFTWARE OBEROI REALTY PC JEWELLER PRITI MERCANTILE SOLAR INDUSTRIES INDIA

Page 4 MSCI Global Small Cap Indexes - May 14, 2014 © MSCI 2014, All rights reserved RELIGARE ENTERPRISES STATE BK OF TRVNCRE(NSE) VA TECH WABAG SUNTECK REALTY (NSE) VAKRANGEE UCO BANK

MSCI CHINA INDEX Additions Deletions BANK OF CHONGQING H AMVIG HOLDINGS BEIJING DEVELOPMENT (HK) AVIC INTERNATIONAL HLDG BOYAA INTERACTIVE INTNL BAWANG INTL GROUP CAA RESOURCES CHIGO HOLDING CN CARNIVAL GRP INT'L HLDGS CHINA AUTOMATION GRP CHINA FIBER OPTIC NET CHINA LEASON CBM & SHALE CHINA INNOVATIONPAY (CN) CHINA STARCH HOLDINGS CHINA LOTSYNERGY HLDG CN CHINA TAIFENG BEDDINGS CHINA OVERSEAS GD OCEANS EVERGREEN INTL HOLDINGS CHINA PIONEER PHARMA EXTRAWELL PHARMA(CN) CHINALCO MINING CORP INT FIYTA HOLDINGS B CONSUN PHARMACEUTICAL GLOBAL BIO-CHEM TECH CT ENVIRONMENTAL GROUP GOLDEN WHEEL TIANDI HLDG DONGPENG HOLDINGS CO GREATTOWN HOLDINGS B FIRST NATURAL FOODS HUILI RESOURCES GROUP FORGAME HLDGS INSPUR INTERNATIONAL FU SHOU YUAN INTL KAI YUAN HOLDINGS FUGUINIAO CO H KINGSOFT GOLDIN PROPERTIES HLDGS LINGBAO GOLD CO H GOLDPAC GROUP NEWTON RESOURCES (CN) GUODIAN TECHNOLOGY H SHANGHAI LINGYUN IND B HI SUN TECHNO CHINA(CN) SOLARGIGA ENERGY HLDGS L HONWORLD GROUP SRE GROUP JINTIAN PHARMACEUTICAL WINSWAY COKING COAL HLDG LOGAN PROPERTY HOLDINGS XIWANG SPECIAL STEEL MINGFA GROUP INTL NEXTEER AUTOMOTIVE GRP PHOENIX HEALTHCARE GRP PW MEDTECH GROUP REDCO PROPERTIES GROUP SHANGHAI FUDAN MICROEL H SHOUGANG FUSHAN RES GRP SOUND GLOBAL SPRING REAL ESTATE INV TECHNOVATOR INTL TENWOW INTL HLDG TIMES PROPERTY HOLDINGS TOP SPRING INTL HLD WANDA COMMERCIAL PPTYS WUMART STORES INC H WUZHOU INTERNATIONAL YUANSHENGTAI DAIRY FARM YUXING INFOTECH INV HLDG ZHENGZHOU COAL MINING H ZHONGYU GAS HOLDINGS

EUROPE, MIDDLE EAST AND AFRICA

MSCI GREECE INDEX Additions Deletions EYDAP ATHENS WASUPP. None GEK TERNA

MSCI SWITZERLAND INDEX Additions Deletions BURKHALTER HOLDING LEM HOLDING SA CEMBRA MONEY BANK COMET HOLDING EVOLVA HOLDING

MSCI DENMARK INDEX Additions Deletions PER AARSLEFF B PANDORA SPAR NORD BANK VESTAS WIND SYSTEMS

Page 5 MSCI Global Small Cap Indexes - May 14, 2014 © MSCI 2014, All rights reserved MSCI SPAIN INDEX Additions Deletions CARBURES EUROPE None INMOBILIARIA COLONIAL REALIA BUSINESS

MSCI FRANCE INDEX Additions Deletions CGG KORIAN-MEDICA GENFIT ORCO PROPERTY GROUP GROUPE CRIT STE INTERNAT PLANTS HEVE INNATE PHARMA MGI COUTIER NUMERICABLE GROUP PIERRE & VACANCES VALNEVA

MSCI GERMANY INDEX Additions Deletions COMPUGROUP MEDICAL COLONIA REAL ESTATE MANZ RIB SOFTWARE SOLARWORLD SUEDZUCKER VILLEROY & BOCH VORZUG

MSCI NETHERLANDS INDEX Additions Deletions None TETRAGON FINANCIAL GRP

MSCI ITALY INDEX Additions Deletions MONCLER SPA None RCS MEDIAGROUP ORD TAMBURI INVESTMENT PARTN

MSCI NORWAY INDEX Additions Deletions AMERICAN SHIPPING CO None AWILCO DRILLING BW LPG HEXAGON COMPOSITES IDEX KONGSBERG AUTOMOTIVE ODFJELL DRILLING REC SOLAR SALMAR SPAREBANK 1 NORD-NORGE

MSCI AUSTRIA INDEX Additions Deletions DO & CO None UNIQA INSURANCE GROUP

MSCI SWEDEN INDEX Additions Deletions CLOETTA B None DIOS FASTIGHETER OPUS GROUP SANITEC

MSCI UNITED KINGDOM INDEX Additions Deletions ADVANCED COMPUTER SOFT BOWLEVEN AO WORLD DARTY ARROW GLOBAL GROUP HILL & SMITH HOLDINGS

Page 6 MSCI Global Small Cap Indexes - May 14, 2014 © MSCI 2014, All rights reserved DX GROUP IOFINA FLYBE GROUP MINING FOXTONS GROUP NEW WORLD RESOURCES (GB) IGAS ENERGY SPORTS DIRECT INT'L INFINIS ENERGY JUST RETIREME NEWRIVER PLUS500 QUADRISE FUELS INTL SAFESTORE HOLDINGS SERCO GROUP STOCK SPIRITS GROUP SVG CAPITAL TUNGSTEN CORP XAAR

MSCI FINLAND INDEX Additions Deletions None POYRY

MSCI TURKEY INDEX Additions Deletions AKSA ENERJI URETIM BAGFAS ECZACIBASI YATIRIM HLDG GOLTAS CIMENTO IHLAS HOLDING IHLAS MADENCILIK IS FINANSAL KIRALAMA IS YATIRIM MENKUL DEGERL SAF GAYRIMENKUL YATIRIM TAT GIDA SANAYII VESTEL BEYAZ ESYA SANAYI

MSCI PORTUGAL INDEX Additions Deletions BANIF None CTT-CORREIOS DE PORTUGAL ESPIRITO SANTO SAUDE PORTUGAL TELECOM SGPS

MSCI IRELAND INDEX Additions Deletions HIBERNIA REIT None

MSCI ISRAEL INDEX Additions Deletions None BABYLON HADERA PAPER PROPERTY & BUILDING CORP

MSCI SOUTH AFRICA INDEX Additions Deletions ATTACQ CORONATION FUND MANAGERS OCEANA GROUP DRD GOLD REUNERT ELLIES HOLDINGS TRENCOR STEFANUTTI STOCKS HLDG

MSCI POLAND INDEX Additions Deletions KERNEL HOLDING GETIN NOBLE BANK

MSCI UNITED ARAB EMIRATES INDEX Additions Deletions AGTHIA GROUP None AIR ARABIA AJMAN BANK DANA GAS

Page 7 MSCI Global Small Cap Indexes - May 14, 2014 © MSCI 2014, All rights reserved ESHRAQ PROPERTIES GULF GENERAL INVESTMENT NAT'L CENTRAL COOLING CO RAK PROPERTIES SHUAA CAPITAL WAHA CAPITAL

MSCI RUSSIA INDEX Additions Deletions INTER RAO EES(RUB) AVTOVAZ COMMON(RUB) TMK GDR MECHEL PREF (RUB) PROTEK RASPADSKAYA MINE (RUB) SOLLERS

MSCI EGYPT INDEX Additions Deletions AMER GROUP HOLDING None

MSCI QATAR INDEX Additions Deletions AL KHALIJI BANK None AL MEERA CONSUMER GOODS MAZAYA QATAR REAL EST MEDICARE GROUP NATIONAL LEASING QATAR IND MANUFACTUR QATAR INSURANCE CO QATAR NATIONAL CEMENT CO QATARI INVESTORS GROUP SALAM INT'L INVEST UNITED DEVELOPMENT CO

AMERICAS

MSCI USA INDEX Additions Deletions ACCELERATE DIAGNOSTICS AEP INDUSTRIES ACCELERON PHARMA AMERICAN AIRLINES GROUP ALBANY MOLECULAR RSCH AMERICAN CAPITAL AMC ENTERTAINMENT HLDS APOLLO INV CORP ANACOR PHARMACEUTICALS ARES CAPITAL COR ARGAN(US) BIOTIME ARROWHEAD RESEARCH BLACKROCK KELSO CAP ATRICURE INC BLYTH AUSPEX PHARMACEUTICALS CAPITAL SOUTHWEST CORP BENEFITFOCUS CBEYOND BRIXMOR PROPERTY GROUP CHEMOCENTRYX BURLINGTON STORES CURIS CAESARS ACQUISITION A ENDO INTERNATIONAL CALLON PETROLEUM CORP FAIRWAY GROUP HLDG CAREER EDUCATION CORP FIFTH STREET FIN CORP CDW CORP FUEL SYSTEMS SOLUTIONS CECO ENVIRONMENTAL GENIE ENERGY B CELL THERAPEUTICS GENWORTH FINANCIAL A CHATHAM LODGING TRUST GOLUB CAPITAL BDC CHC GROUP GORDMANS STORES CLUBCORP HOLDINGS HERCULES TECHNOLOGY GROW COMMSCOPE HOLDING CO HOUSTON WIRE & CABLE CO CONTAINER STORE GROUP INTERMOLECULAR CONTINENTAL BUILDING KCAP FINANCIAL CONTROL4 CORP MAIN STREET CAPITAL CORP CUSTOMERS BANCORP INC MCG CAPITAL CORP CVENT MEDLEY CAPITAL EAGLE BANCORP MERGE HEALTHCARE EMPIRE STATE RTY TRUST A MITCHAM INDUSTRIES ENDURANCE INTERNATIONAL MVC CAPITAL INC ENTRAVISION COMMUNI. A NEW MOUNTAIN FIN CORP EP ENERGY CORP NII HOLDINGS B EPLUS PARAMOUNT GOLD & SILVER ESSENT GROUP PENNANTPARK INVEST.

Page 8 MSCI Global Small Cap Indexes - May 14, 2014 © MSCI 2014, All rights reserved EXTENDED STAY AMERICA PEREGRINE SEMICONDUCTOR FIDELITY GUARANTY LIFE PERRY ELLIS INTL FOUNDATION MEDICINE PROCERA NETWORKS FUELCELL ENERGY PROSPECT CAPITAL CORP GASTAR EXPLORATION RADIOSHACK CORP GENMARK DIAGNOSTICS RTI SURGICAL GOGO INC SOLAR CAPITAL GRAMERCY PROPERTY TRUST STAR SCIENTIFIC GRAY TELEVISION B STEMLINE THERAPEUTICS HORIZON PHARMA SUN BANCORP NEW JERSEY INT'L GAME TECHNOLOGY TCP CAPITAL CORP INTELIQUENT TEARLAB INTERCEPT PHARMA THL CREDIT INTRA CELLUAR THERAPIES TICC CAPITAL INTRAWEST RESORTS HLDG TOWER GROUP INT LTD KARYOPHARM THERAPEUTICS TOWN SPORTS INT'L HLDGS KOSMOS ENERGY TRIANGLE CAPITAL CORP LADDER CAPITAL CORP A UNITED RENTALS LDR HOLDING WET SEAL A LEIDOS HOLDINGS MACROGENICS MARCHEX B MAXWELL TECHNOLOGIES MEDIA GENERAL MOTORCAR PART OF AMERICA ONCOMED PHARMACEUTICALS OPHTHOTECH PATRICK INDUSTRIES PATTERN ENERGY GROUP A PENDRELL PLATFORM SPECIALTY PROD PLUG POWER POTBELLY POWERSECURE PREMIER A PUMA BIOTECHNOLOGY PZENA INVESTMENT MGMT A QTS REALTY TRUST A RELYPSA REPLIGEN CORP REVANCE THERAPEUTICS REX AMERICAN RESOURCES RICE ENERGY ROCKET FUEL ROWAN COS RSP PERMIAN SFX ENTERTAINMENT SPRINGLEAF HOLDINGS SPROUTS FARMERS MARKET STOCK BLDG SUPPLY HLDG SURGICAL CARE AFFIL TALMER BANCORP A TOWER INTERNATIONAL TRISTATE CAPITAL HLDGS ULTRAGENYX PHARMA UNIVERSAL INSUR. HLDGS VANDA PHARMACEUTICALS VARONIS SYSTEMS VASCULAR SOLUTIONS VEEVA SYSTEMS A VINCE HOLDING YRC WORLDWIDE ZELTIQ AESTHETICS

MSCI CANADA INDEX Additions Deletions AIR CANADA VV EXCHANGE INCOME ALTUS GROUP NGEX RESOURCES AMAYA GAMING GROUP INC NIKO RESOURCES BALLARD POWER SYSTEMS NORTH AMER PALLADIUM BAUER PERFORMANCE SPORTS SOUTHERN PACIFIC RESOURC CANAM GROUP TAG OIL CANELSON DRILLING CARDINAL ENERGY LTD

Page 9 MSCI Global Small Cap Indexes - May 14, 2014 © MSCI 2014, All rights reserved CCL INDUSTRIES B CONCORDIA HEALTHCARE COR CT REAL ESTATE INVST DELPHI ENERGY FIRST NATL FIN MTY FOOD GROUP NEW FLYER INDUSTRIES PAINTED PONY PETROLEU PHX ENERGY SERVICES SIRIUS XM CANADA YELLOW MEDIA

MSCI MEXICO INDEX Additions Deletions CONTROLADORA VUELA A None CREDITO REAL SAB DE CV GRUPO FIN INTERACCIONES INDUSTRIAS BACHOCO B INDUSTRIAS CH CL B ORGANIZACION CULTIBA B QUALITAS CONTROLADORA

MSCI CHILE INDEX Additions Deletions E-CL ENJOY RIPLEY IANSA (EMPRESAS) LA POLAR

MSCI BRAZIL INDEX Additions Deletions BHG BRAZIL HOSPITALITY COMPANHIA DE LOCACAO DAS CIA HERING FERTILIZANTES HERINGER CONTAX PART. UNIT GENERAL SHOPPING BRASIL CVC BRASIL OPERADORA INDUSTRIAS ROMI ON GAEC EDUCACAO MMX MINERACAO METALICOS MARCOPOLO PN T4F ENTRETENIMENTO MRV ENGENHARIA UNICASA INDUSTRIA MOVEIS SER EDUCACIONAL UNIPAR CARBOCLORO PNB

MSCI PERU INDEX Additions Deletions None EMP AGROINDL CASA GRANDE REFINERIA LA PAMPILLA

Page 10 MSCI Global Small Cap Indexes - May 14, 2014 © MSCI 2014, All rights reserved Notice and Disclaimer

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MSCI Inc. is a leading provider of investment decision support tools to investors globally, including asset managers, banks, hedge funds and pension funds. MSCI products and services include indexes, portfolio risk and performance analytics, and governance tools.

The company's flagship product offerings are: the MSCI indexes with close to USD 7 trillion estimated to be benchmarked to them on a worldwide basis1; Barra multi-asset class factor models, portfolio risk and performance analytics; RiskMetrics multi-asset class market and credit risk analytics; IPD real estate information, indexes and analytics; MSCI ESG (environmental, social and governance) Research screening, analysis and ratings; ISS governance research and outsourced proxy voting and reporting services; and FEA valuation models and risk management software for the energy and commodities markets. MSCI is headquartered in New York, with research and commercial offices around the world.

1As of September 30, 2012, as published by eVestment, Lipper and Bloomberg on January 31, 2013

Page 11 MSCI Global Small Cap Indexes - May 14, 2014 © MSCI 2014, All rights reserved