NEW YORK–(BUSINESS WIRE)–On December 19, 2018, MSCI (NYSE: MSCI), a leading provider of
research-based indexes and analytics, announced a change in the
communication release cycle of the MSCI Annual Market Classification
Review and MSCI Market Accessibility Review. Accordingly, MSCI will
announce the results of the MSCI 2019 Annual Market Classification
Review on June 25, 2019 and the results of the MSCI 2019 Annual Market
Accessibility Review on June 6, 2019. Both announcements will be made
available shortly after 10:30 p.m. Central European Summer Time (CEST)
on https://www.msci.com/market-classification.

Additionally, please note that as the MSCI Kuwait Index is currently
included on the MSCI 2019 Annual Market Classification Review list for a
potential reclassification to Emerging Markets status, the MSCI Kuwait
Indexes will not be included in the MSCI 2019 Annual Market
Accessibility Review report released on June 6, 2019. This information
will subsequently be made available on June 25, 2019, concurrent with
the MSCI 2019 Annual Market Classification Review announcement.

-Ends-

About MSCI

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expertise in research, data and technology, we power better investment
decisions by enabling clients to understand and analyze key drivers of
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create industry-leading research-enhanced solutions that clients use to
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process. To learn more, please visit www.msci.com.

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The Information should not be relied on and is not a substitute for the
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None of the Information constitutes an offer to sell (or a solicitation
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It is not possible to invest directly in an index. Exposure to an asset
class or trading strategy or other category represented by an index is
only available through third party investable instruments (if any) based
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return related to the performance of any MSCI index (collectively,
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Linked Investments will accurately track index performance or provide
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fiduciary and MSCI makes no representation regarding the advisability of
investing in any Index Linked Investments.

Index returns do not represent the results of actual trading of
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does not manage actual assets. Index returns do not reflect payment of
any sales charges or fees an investor may pay to purchase the securities
underlying the index or Index Linked Investments. The imposition of
these fees and charges would cause the performance of an Index Linked
Investment to be different than the MSCI index performance.

The Information may contain back tested data. Back-tested performance is
not actual performance, but is hypothetical. There are frequently
material differences between back tested performance results and actual
results subsequently achieved by any investment strategy.

Constituents of MSCI equity indexes are listed companies, which are
included in or excluded from the indexes according to the application of
the relevant index methodologies. Accordingly, constituents in MSCI
equity indexes may include MSCI Inc., clients of MSCI or suppliers to
MSCI. Inclusion of a security within an MSCI index is not a
recommendation by MSCI to buy, sell, or hold such security, nor is it
considered to be investment advice.

Data and information produced by various affiliates of MSCI Inc.,
including MSCI ESG Research LLC and Barra LLC, may be used in
calculating certain MSCI indexes. More information can be found in the
relevant index methodologies on www.msci.com.

MSCI receives compensation in connection with licensing its indexes to
third parties. MSCI Inc.’s revenue includes fees based on assets in
Index Linked Investments. Information can be found in MSCI Inc.’s
company filings on the Investor Relations section of www.msci.com.

MSCI ESG Research LLC is a Registered Investment Adviser under the
Investment Advisers Act of 1940 and a subsidiary of MSCI Inc. Except
with respect to any applicable products or services from MSCI ESG
Research, neither MSCI nor any of its products or services recommends,
endorses, approves or otherwise expresses any opinion regarding any
issuer, securities, financial products or instruments or trading
strategies and MSCI’s products or services are not intended to
constitute investment advice or a recommendation to make (or refrain
from making) any kind of investment decision and may not be relied on as
such. Issuers mentioned or included in any MSCI ESG Research materials
may include MSCI Inc., clients of MSCI or suppliers to MSCI, and may
also purchase research or other products or services from MSCI ESG
Research. MSCI ESG Research materials, including materials utilized in
any MSCI ESG Indexes or other products, have not been submitted to, nor
received approval from, the United States Securities and Exchange
Commission or any other regulatory body.

Any use of or access to products, services or information of MSCI
requires a license from MSCI. MSCI, Barra, RiskMetrics, IPD, and other
MSCI brands and product names are the trademarks, service marks, or
registered trademarks of MSCI or its subsidiaries in the United States
and other jurisdictions. The Global Industry Classification Standard
(GICS) was developed by and is the exclusive property of MSCI and
Standard & Poor’s. “Global Industry Classification Standard (GICS)” is a
service mark of MSCI and Standard & Poor’s.

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