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Hitt og þetta 29. júní 2006

ICEX-15: New Selection Method

<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns="http://www.w3.org/TR/REC-html40"> <head> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=ProgId content=Word.Document> <meta name=Generator content="Microsoft Word 11"> <meta name=Originator content="Microsoft Word 11"> <link rel=File-List href="Þann%2022_files/filelist.xml"> <title>Þann 22</title> <!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Author>Asa</o:Author> <o:Template>Normal</o:Template> <o:LastAuthor>Asa</o:LastAuthor> <o:Revision>1</o:Revision> <o:TotalTime>1</o:TotalTime> <o:Created>2006-06-29T14:35:00Z</o:Created> <o:LastSaved>2006-06-29T14:35:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>187</o:Words> <o:Characters>1070</o:Characters> <o:Company>Kauphöll Íslands</o:Company> <o:Lines>8</o:Lines> <o:Paragraphs>2</o:Paragraphs> <o:CharactersWithSpaces>1255</o:CharactersWithSpaces> <o:Version>11.6568</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:GrammarState>Clean</w:GrammarState> <w:HyphenationZone>21</w:HyphenationZone> <w:PunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> <w:DontGrowAutofit/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--><!--[if gte mso 9]><xml> <w:LatentStyles DefLockedState="false" LatentStyleCount="156"> </w:LatentStyles> </xml><![endif]--> <style> <!-- /* Font Definitions */ @font-face {font-family:Verdana; panose-1:2 11 6 4 3 5 4 4 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:536871559 0 0 0 415 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0cm; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Times New Roman"; mso-fareast-font-family:"Times New Roman";} @page Section1 {size:612.0pt 792.0pt; margin:70.85pt 70.85pt 70.85pt 70.85pt; mso-header-margin:35.4pt; mso-footer-margin:35.4pt; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} </style> <![endif]--><!--[if gte mso 9]><xml> <o:shapedefaults v:ext="edit" spidmax="2050"/> </xml><![endif]--><!--[if gte mso 9]><xml> <o:shapelayout v:ext="edit"> <o:idmap v:ext="edit" data="1"/> </o:shapelayout></xml><![endif]--> </head> <body lang=IS style='tab-interval:35.4pt'> <div class=Section1> <p class=MsoNormal style='text-align:justify;mso-layout-grid-align:none; text-autospace:none'><a name="OLE_LINK2"></a><a name="OLE_LINK1"><span style='mso-bookmark:OLE_LINK2'><span style='font-size:8.0pt;font-family:Verdana; color:black'>On this past May 22, ICEX presented a proposal for a new method for selecting companies into the ICEX-15 index. The proposal was a reaction to a decrease in the number of ICEX-listed companies in the past few years which has reduced the effect of liquidity on the selection. Therefore, the proposal¿s aim was first and foremost to increase emphasis on liquidity once more. It also aimed at preventing the reduction in the number of listed companies from reducing competition for places in the index. ICEX has now decided that the changes proposed will take effect as of the next selection to the ICEX-15 index in December of this year.<o:p></o:p></span></span></a></p> <p class=MsoNormal style='text-align:justify;mso-layout-grid-align:none; text-autospace:none'><span style='mso-bookmark:OLE_LINK1'><span style='mso-bookmark:OLE_LINK2'><span style='font-size:8.0pt;font-family:Verdana; color:black'><o:p>&nbsp;</o:p></span></span></span></p> <p class=MsoNormal style='mso-layout-grid-align:none;text-autospace:none'><span style='mso-bookmark:OLE_LINK1'><span style='mso-bookmark:OLE_LINK2'><span style='font-size:8.0pt;font-family:Verdana;color:black'>In addition, ICEX has, in response to comments received from market participants, decided to change the free-float adjustment of market cap used in the selection and calculation of the ICEX-15 index. ICEX will use information on voting rights instead of ownership stakes for the purpose of free-float adjustment if publicly available information indicates that they differ. For further information on the method, please consult the accompanying method description (which is also available on the ICEX website (</span></span></span><a href="http://www.icex.is_/"><span style='mso-bookmark:OLE_LINK1'><span style='mso-bookmark:OLE_LINK2'><span style='font-size:8.0pt;font-family:Verdana'>www.icex.is</span></span></span><span style='mso-bookmark:OLE_LINK1'><span style='mso-bookmark:OLE_LINK2'></span></span></a><span style='mso-bookmark:OLE_LINK1'><span style='mso-bookmark:OLE_LINK2'><span style='font-size:8.0pt;font-family:Verdana;color:black'>) under Quotes and Markets / Share Indices / About Indices).<o:p></o:p></span></span></span></p> <span style='mso-bookmark:OLE_LINK2'></span><span style='mso-bookmark:OLE_LINK1'></span> <p class=MsoNormal><o:p>&nbsp;</o:p></p> </div> </body> </html>