Geneva, November 15, 2011 MSCI GLOBAL SMALL CAP INDICES The following are changes in constituents for the MSCI Global Small Cap Indices which will take place as of the close of November 30, 2011. SUMMARY PER COUNTRY and PER REGION: Nb of Nb of Securities Securities Region Country Added Deleted Asia Pacific AUSTRALIA 15 10 CHINA 28 47 HONG KONG 11 19 INDIA 10 47 INDONESIA 16 1 JAPAN 13 13 KOREA 30 31 MALAYSIA 14 3 PHILIPPINES 1 0 SINGAPORE 5 5 TAIWAN 21 42 THAILAND 4 2 Nb of Nb of Securities Securities Region Country Added Deleted Europe, Middle East and Africa AUSTRIA 2 0 BELGIUM 1 1 DENMARK 2 3 EGYPT 1 1 FINLAND 3 0 FRANCE 7 4 GERMANY 7 10 GREECE 4 5 HUNGARY 0 2 ISRAEL 3 5 ITALY 2 9 MOROCCO 0 4 NETHERLANDS 2 2 NORWAY 2 5 POLAND 3 12 PORTUGAL 1 0 RUSSIA 3 2 SOUTH AFRICA 3 2 SPAIN 4 8 SWEDEN 1 4 SWITZERLAND 5 7 TURKEY 3 5 UNITED KINGDOM 12 16 Nb of Nb of Securities Securities Region Country Added Deleted Americas BRAZIL 9 1 CANADA 17 12 CHILE 2 1 COLOMBIA 1 0 MEXICO 1 1 PERU 2 0 USA 80 56 ASIA PACIFIC Page 1 MSCI Global Small Cap Indices - November 15, 2011 © MSCI 2011, All rights reserved MSCI AUSTRALIA INDEX Additions Deletions ADAMUS RESOURCES CAMPBELL BROTHERS BLUESCOPE STEEL CARBON ENERGY CATALPA RESOURCES CARNARVON PETROLEUM ELEMENTAL MINERALS CROMWELL PROPERTY GROUP FLINDERS MINES NKWE PLATINUM FOCUS MINERALS PAPERLINX GLOUCESTER COAL PEET GOLD ONE INTERNATIONAL PLATINUM AUSTRALIA KANGAROO RESOURCES PMP OROTONGROUP SEVEN GROUP HOLDINGS PALADIN ENERGY QUBE LOGISTICS HOLDINGS SENEX ENERGY TIGER RESOURCES TROY RESOURCES NL MSCI CHINA INDEX Additions Deletions BILLION INDUSTRIAL HLDGS A8 DIGITAL MUSIC HOLDING CENTURY GINWA RETAIL BEIJING DEVELOPMENT (HK) CHINA DATANG CORP REN H CENTRON TELECOM INT'L CHINA FLOORING HLDG CHANGFENG AXLE CHINA CHINA HIGH SPEED TRANSMI CHINA FORESTRY HLDGS CO CHINA KINGSTONE MINING CHINA GRND FRST RES(CN) CHINA OVERSEAS GD OCEANS CHINA NETCOM TECH HLDGS CHINA SHINEWAY PHARM GRP CHINA PUBLIC HEALTHCARE GLORIOUS PROPERTY HLDGS CNNC INTERNATIONAL GREENTOWN CHINA HLDGS COASTAL GREENLAND(CN) HIDILI INDUSTRY INTL DEV COSLIGHT TECH INTL GP HILONG HOLDING CP POKPHAND HUTCHISON HARBOUR (CN) DAPHNE INTL HOLDINGS(CN) JINCHUAN GROUP INT (CN) DAYING MODERN AGRI B KNGBRD LAMNTS HLDG(CN) ENERCHINA HOLDINGS KWG PPTY HLDG GOLDBOND GROUP HOLDINGS LI NING CO HL TECHNOLOGY GROUP MAOYE INT'L HLDGS HONG KONG RESOURCES HLDG NEW WRLD CHNA LND(CN) HOPEFLUENT GRP HLDGS PRINCE FROG INTL HLDGS HOPEWELL HWY INFRA(CN) SHANDONG CHENMING PAPE B HUIYIN HOUSEHOLD APP SHANDONG CHENMING PAPE H HUSCOKE RESOURCES HLDGS SHENZHEN INTL ENTERPR B LAO FENG XIANG CO B TECH PRO TECHNOLOGY DEVP MEDIA CHINA CORPORATION TIBET 5100 WATER RES MINGFA GROUP INTL VITAL GROUP HOLDINGS MOBI DEVELOPMENT CO WINSWAY COKING COAL HLDG NORTHEAST ELEC DEVELOP H YUANDA CHINA HOLDINGS PETROASIAN ENERGY HLDGS QIN JIA YUAN MEDIA SVCS QUNXING PAPER REAL GOLD MINING SHANDONG XINHUA PHA H SHANGHAI BAILIAN B (NEW) SHANGHAI CHLOR-ALKALI B SHENJI GP KUNMING MACH H SHENZHEN SEG CO B SHENZHEN SPECIAL ECON B SHOUGANG CONCORD CENTURY SINO PROSPER STATE GOLD SINOREF HOLDINGS SUN KING POWER ELEC TAK SING ALLIANCE HLDGS TIANYI FRUIT HOLDINGS TRULY INT'L HOLDINGS(CN) UNI-PRESIDENT CHINA HLDG WORLD WIDE TOUCH TECH YINGDE GASES GROUP CO MSCI HONG KONG INDEX Additions Deletions CHINA FINANCIAL INTL INV APOLLO SOLAR ENERGY TECH ERA MINING MACHINERY ARTEL SOLUTIONS GRP HOLD ESPRIT HOLDINGS BURWILL HOLDINGS Page 2 MSCI Global Small Cap Indices - November 15, 2011 © MSCI 2011, All rights reserved HONBRIDGE (HK) CHINA ENERGY DEVELOPMENT HONGKONG CHINESE CHINA TING GROUP HLDGS IMAGI INT'L HOLDINGS DAH CHONG HONG NEWTON RESOURCES FAR EAST CONSORTIUM ORIENTAL WATCH HOLDINGS FIRST PACIFIC CO TANRICH FINANCIAL HLDGS FIRST SHANGHAI INV TRULY INT HOLDINGS (HK) HONGKONG SHANGHAI HOTEL YGM TRADING HUTCHISON HARBOUR RING JINCHUAN GROUP INT'L KING STONE ENERGY GROUP LUKS GROUP VIETNAM HLDGS NEO TELEMEDIA REGENT PACIFIC GROUP TAI CHEUNG HOLDINGS THEME INTERNATIONL HLDGS WIN HANVERKY HOLDINGS MSCI INDIA INDEX Additions Deletions ARSHIYA INT'L LIMITE ADHUNIK METALIKS BRITANNIA INDUSTRIES AIA ENGINEERING PVT EROS INTERNATIONAL MEDIA ANSAL PPTYS & INFRA(NSE) HOUSING DEVT & INFRAS BAJAJ FINSERV INDIABULLS REAL ESTATE BAJAJ HLDGS & INVESTMENT INDIAN OVERSEAS BANK BIRLA CORP LANCO INFRATECH DALMIA BHARAT ENT M & M FIN SECS DHANLAXMI BANK PATNI COMPUTER SYS DISH TV INDIA TEXMACO RAIL & ENGR ECLERX SERVICES ESS DEE ALUMINIUM FINOLEX CABLES FINOLEX INDUSTRIES GEODESIC GREAT OFFSHORE GTL LTD(GLOBAL TELE-S) GUJARAT PIPAVAV PORT HEIDELBERGCEMENT INDIA HINDUSTAN MEDIA VENTURES IL & FS INVESTMENT MNGRS ING VYSYA BANK JAI BALAJI INDUSTRIES JINDAL POLY FILMS JINDAL SOUTH WEST JSL STAINLESS JUBILANT LIFE SCIENCES JYOTI STRUCTURES K.S. OILS KARUTURI GLOBAL KESORAM INDUSTRIES KINGFISHER AIRLINES KPIT CUMMINS INFOSYSTEMS MADHUCON PROJECTS (NSE) MAHINDRA LIFESPACE DEV MOSER BAER (INDIA) ONMOBILE GLOBAL OPTO CIRCUITS INDIA PANTALOON RETAIL INDIA PATEL ENGINEERING PENINSULA LAND POLARIS SOFTWARE LAB PRAKASH INDUSTRIES PRRANETA INDUSTRIES SE INVESTMENTS SHIV-VANI OIL & GAS EXPL TRIVENI ENGR. & IND. UNITED BREWERIE HLD(NSE) MSCI INDONESIA INDEX Additions Deletions ASAHIMAS FLAT GLASS BUMI SERPONG DAMAI BUANA LISTYA TAMA CITRA MARGA NUSAPHALA CLIPAN FINANCE INDO Page 3 MSCI Global Small Cap Indices - November 15, 2011 © MSCI 2011, All rights reserved FAJAR SURYA WISESA INDIKA ENERGY TBK PT INDOSIAR KARYA MEDIA KAWASAN IND JABABEKA MITRA ADIPERKASA TBK MULTISTRADA ARAH SARANA POLYCHEM INDONESIA RESOURCE ALAM INDONESIA SELAMAT SEMPURNA SURYA SEMESTA INTERNUSA TRADA MARITIME TUNAS BARU LAMPUNG MSCI JAPAN INDEX Additions Deletions ASAHI INTECC CO ACOM CO BIT-ISLE DAIKOKU DENKI CO CALBEE FURUKAWA BATTERY CO GMO PAYMENT GATEWAY GLOBERIDE KINUGAWA RUBBER IND INUI STEAMSHIP CO MINEBEA CO MICRONICS JAPAN CO MITSUI ENGINEERING&SHIP. NAKAYAMA STEEL WORKS NIPPON KOEI CO NOEVIR HOLDINGS CO RELO HOLDINGS SANRIO CO SXL CORP SHINKAWA TATSUTA ELEC WIRE & CABL TANAKA CHEMICAL CORP WEATHERNEWS UBIQUITOUS YELLOW HAT ZAPPALLAS MSCI KOREA INDEX Additions Deletions 3S KOREA A-TECH SOLUTION CO AMINOLOGICS CO CHIN HUNG INTERNATIONAL BIOLAND CJ CORP CELLTRION PHARM DAEA TI CO CJ FRESHWAY CORP DAECHANG CO COM2US CORP DANAL CO COSMAX DASAN NETWORKS COSMOCHEMICAL DMS CO GENIC DONGAH GEOLOGICAL ENG GOLFZON DONGBU CORPORATION GREEN CROSS HLDS CORP DOOSAN ENGINEER & CONSTR HAESUNG INDUSTRIAL CO HALIM HOLDINGS CO HANJIN HEAVY INDUSTRIES HAN KUK CARBON CO HANJIN SHIPPING CO (NEW) HANJIN P&C ICD HANMI HOLDINGS CO ILJIN MATERIALS HYUNDAI MARINE & FIRE IN INFINITT HEALTHCARE IDIS HOLDINGS CO JCONTENTREE CORP ILJIN HOLDINGS KOH YOUNG TECHNOLOGY IS DONGSEO CO KT SKYLIFE KISCO HOLDINGS CO NEOWIZ CORPORATION KOREA DIGITAL COMM NEOWIZ INTERNET CORP KPX FINE CHEMICAL NEXEN CORP L&F CO PHARMICELL CO MNTECH CO SEAH SPECIAL STEEL ORION CORP SEOUL SEMICONDUCTOR CO POSCO COATED & COLOR STE SHINSEGAE INTL SAMBU CONSTRUCTION CO TK CHEMICAL SHINMOORIM PAPER MFG CO TONGYANG SHINWHA INTERTEK CORP Y G-1 CO WOOJEON & HANDAN CO WOOJIN MSCI MALAYSIA INDEX Additions Deletions AEON CREDIT SERVICE M BOUSTEAD HOLDINGS BIMB HLDGS LINGKARAN TRANS KOTA EVERSENDAI CORP PELIKAN INTERNATIONAL HAP SENG CONSOLIDATED MALAYSIAN AIRLINE SYSTEM MAMEE DOUBLE DECKER MBM RESOURCES Page 4 MSCI Global Small Cap Indices - November 15, 2011 © MSCI 2011, All rights reserved MSM MALAYSIA HLDGS SAPURACREST PETROLEUM SARAWAK OIL PALMS BERHAD TA ANN HOLDINGS TRADEWINDS (MAL) BHD TSH RESOURCES UOA DEVELOPMENT MSCI PHILIPPINES INDEX Additions Deletions LEPANTO CONS. MINING B None MSCI SINGAPORE INDEX Additions Deletions LIONGOLD CORP BANYAN TREE HOLDINGS MANHATTAN RESOURCES CREATIVE TECHNOLOGY MAPLETREE COMM TRUST FORTUNE REAL ESTATE INV. PERENNIAL CHINA RETAIL HOTEL PROPERTIES SHENG SIONG GROUP PACIFIC CENTURY REGION MSCI TAIWAN INDEX Additions Deletions ARIMA COMMUNICATION CORP ABLEREX ELECTRONICS CO ASIA PLASTIC RECYCLE ABNOVA CORP CHAILEASE HOLDING ANPEC ELECTRONICS CORP CHINA STEEL STRUCTURE CO BASSO INDUSTRY CORP CHUNGHWA PICTURE TUBES CHANNEL WELL TECH CO CMC MAGNETICS CORP CHINA GLAZE CO CORETRONIC CORPORATION CONTREL TECHNOLOGY EVERGREEN INTERNATIONAL CRYSTALWISE TECHNOLOGY GLOBAL LIGHTING TECH CUB ELECPARTS HANNSTAR DISPLAY DIAMOND FLOWER ELE INSTR HOLIDAY ENTERTAINMENT CO E-ONE MOLI ENERGY CORP KD HOLDING CORP EFUN TECHNOLOGY NANYA TECHNOLOGY CORP ENE TECHNOLOGY CO POWERCHIP TECHNOLOGY FARGLORY FTZ INVESTMENT QISDA CORP HITI DIGITAL TAINAN SPINNING HOLDKEY ELECTRIC WIRE TAIWAN PROSPERITY CHEMIC HONG TAI ELECTRIC IND'L VANGUARD INT'L SEMICON HORIZON SECURITIES CO WINBOND ELECTRONICS CORP JANFUSUN FANCYWORLD CORP WOWPRIME LEADTREND TECH CORP YOUNG FAST OPTOELECTRONI MAGLAYERS SCIENTIFIC TE MICROELECTRONICS TECH NETRONIX O-TA PRECISION INDUSTRY P-TWO INDUSTRIES PARAGON TECHNOLOGIES CO PLOTECH CO PORTWELL INC POWER QUOTIENT INT'L PROSPERITY DIELECT CO LT RADIANT OPTO-ELECTRONICS RUENTEX ENGIN & CONST SEA SONIC ELECTRONICS CO SOLELYTEX INDUSTRIAL TAIDOC TECHNOLOGY CORP TAIWAN CHI CHENG ENT. TAIWAN MASK CORPORATION TATUNG FINE CHEMICAL CO THAILIN SEMICONDUCTOR USERJOY TECHNOLOGY CO VIKING TECH WELLYPOWER OPTRONICS MSCI THAILAND INDEX Additions Deletions LH FINANCIAL GROUP REGIONAL CONTAINER LINES SIAM GLOBAL HOUSE PCL ROJANA INDUS PARK PUB THAI AIRWAYS INT'L TRUE CORP Page 5 MSCI Global Small Cap Indices - November 15, 2011 © MSCI 2011, All rights reserved EUROPE, MIDDLE EAST AND AFRICA MSCI AUSTRIA INDEX Additions Deletions AMAG AUSTRIA METALL None LENZING MSCI BELGIUM INDEX Additions Deletions DEXIA ATENOR GROUP MSCI DENMARK INDEX Additions Deletions PANDORA NEUROSEARCH UNITED INTL ENTERPRISES