FTSE4Good Semi-Annual Review

FTSE4GOOD SEMI-ANNUAL REVIEW – PART 3

17 September 2002

The FTSE4Good Advisory Committee has approved the following semi-annual changes to the FTSE4Good UK 50 Index, FTSE4Good UK Index, FTSE4Good Europe 50 Index, FTSE4Good Europe Index, FTSE4Good US 100 Index and FTSE4Good Global 100 Index, effective after the close of business on Friday, 20 September 2002 (i.e. on Monday, 23 September 2002).

FTSE4Good US 100 Index - Changes effective after close of business on Friday, 20 September 2002:

For inclusion:

COMPANY	SEDOL	RANK	INV. WEIGHT %	REASON
Ford Motor	2615468	51	100	Ranks above position 90 and is Eligible for FTSE4GOOD
Boston Scientific Corp	2113434	85	75	Ranks above position 90 and is Eligible for FTSE4GOOD
Air Products And Chemcom	2011602	91	100	Re-balancing Addition and is Eligible for FTSE4GOOD
TJX Companies	2989301	92	100	Re-balancing Addition and is Eligible for FTSE4GOOD
Golden West Financial	2375643	94	100	Re-balancing Addition and is Eligible for FTSE4GOOD
Gap	2360326	97	75	Re-balancing Addition and is Eligible for FTSE4GOOD
McKesson	2378534	98	100	Re-balancing Addition and is Eligible for FTSE4GOOD

Please note that the FTSE4Good US 100 index is capped on implementation of the above changes, thus the above free float weights are subject to this capping. The exact weights will be available from FTSE after close of business on Friday, 20 September 2002.

For exclusion:

	Qualcomm		2714923		48		100
	Allstate Corp		2019952		49		100
	Metlife		2573209		50		100
	Household International		2440273		51		100
	Unitedhealth Group		2917766		52		100
	Kohl's Corp		2496113		53		100
	Worldcom Group		2732561		54		100
	International Paper		2465254		55		100
	Cox Communications A		2230429		56		40
	HCA		2212193		57		100
	Gannett		2360304		58		100
	Micron Technology		2588184		59		100
	Lucent Technologies		2537573		60		100
	Tenet Healthcare		2626879		61		100
	Costco Wholesale Corp		2701271		62		100
	Suntrust Banks		2860990		63		100
	Schwab (Charles) Corp		2779397		64		100
	National City Corp		2625047		65		100
	Conoco		2801289		66		100
	Alltel Corp		2589198		67		100
	Compaq Computers		2214456		68		100
	Sears Roebuck & Co		2787312		69		100
	Cendant Corp		2214638		70		100
	BB&T Corporation		2830904		71		100
	State Street Corp.		2842040		72		100
	Mellon Financial Corp		2576350		73		100
	Hartford Financial Services Group		2476193		74		100
	PNC Financial Services Group		2692665		75		100
	Harley-Davidson		2411053		76		100
	Union Pacific Corp		2914734		77		100
	Qwest Communications		2034494		78		100
	USA Education		2101967		79		100
	Agilent Technologies		2520153		80		100
	Ebay		2293819		81		50
	Best Buy Company		2094670		82		100
	Veritas Software		2933751		83		75
	Paychex		2674458		84		100
	Lehman Bros		2510723		85		100
	Aflac		2026361		86		100
	Cigna Corp		2196479		87		100
	Weyerhaeuser		2958936		88		100
	Chubb Corp		2195722		89		100
	McGraw-Hill Companies		2551443		90		100
	Tribune Co (Del)		2903550		91		75
	Guidant Corp.		2393979		92		100
	Siebel Systems		2790763		93		100
	Sprint Fon Group		2922447		94		75
	Avon Products		2066721		95		100
	Northern Trust		2648668		96		100
	Xilinx		2985677		97		100
	Progressive Corp Ohio		2705024		98		100
	John Hancock Financial Services		2541314		99		100
	Burlington Northern		2154927		100		100
	Air Products And Chemcom		2011602		101		100
	May Dept Stores		2573890		102		100
	Franklin Resources		2350684		103		75
	CVS Corp		2577609		104		100
	Keycorp		2490911		105		100
	Capital One Financial		2654461		106		100
	TJX Companies		2989301		107		100
	Pitney Bowes		2690506		108		100
	Gap		2360326		109		75
	St Paul Companies		2769503		110		100
	Nike Inc Cl B		2640147		111		75
COMPANY		SEDOL		RANK		INV. WEIGHT %		REASON
Bank One Corp		2298591				100		Not eligible under FTSE4Good criteria
Best Buy Company		2094670		122		100		Ranks below position 110
Veritas Software		2933751		124		75		Ranks below position 110
Xilinx		2985677		128		100		Ranks below position 110
Agilent Technologies		2520153		133		100		Ranks below position 110
Lucent Technologies		2537573		137		100		Ranks below position 110
Qwest Communications		2034494		1341		100		Ranks below position 110

The FTSE4Good US 100 Index Reserve List will be:

With immediate effect, the following reserve list will be used in the event that one or more constituents are deleted during the period up to the next semi-annual review:

COMPANY	SEDOL	INV. WEIGHT %	RESERVE LIST
Intuit	2459020	100	Reserve list for US 100
Franklin Resources	2350684	75	Reserve list for US 100
John Hancock Financial Services	2541314	100	Reserve list for US 100
Coca-Cola Enterprises	2206969	75	Reserve list for US 100
Block (H & R) NPV	2105505	100	Reserve list for US 100
Eastman Kodak	2300601	100	Reserve list for US 100
Pitney Bowes	2690506	100	Reserve list for US 100
Mattel	2572303	100	Reserve list for US 100
Norfolk Sthn Corp	2641894	100	Reserve list for US 100
Amsouth Bancorporation	2012070	100	Reserve list for US 100

FTSE4Good US Index - Changes effective after close of business on Friday, 20 September 2002:

For inclusion:

Tenet Healthcare	2626879	100
Costco Wholesale Corp	2701271	100
Suntrust Banks	2860990	100
Schwab (Charles) Corp	2779397	100
National City Corp	2625047	100
Conoco	2801289	100
Alltel Corp	2589198	100
Compaq Computers	2214456	100
Sears Roebuck & Co	2787312	100
Cendant Corp	2214638	100
BB&T Corporation	2830904	100
State Street Corp.	2842040	100
Mellon Financial Corp	2576350	100
Hartford Financial Services Group	2476193	100
PNC Financial Services Group	2692665	100
Harley-Davidson	2411053	100
Union Pacific Corp	2914734	100
Qwest Communications	2034494	100
USA Education	2101967	100
Agilent Technologies	2520153	100
Ebay	2293819	50
Best Buy Company	2094670	100
Veritas Software	2933751	75
Paychex	2674458	100
Lehman Bros	2510723	100
Aflac	2026361	100
Cigna Corp	2196479	100

COMPANY	SEDOL	INV. WEIGHT %	REASON
Ford Motor	2615468	100	Now eligible under FTSE4Good criteria
CSX Corp	2160753	100	Now eligible under FTSE4Good criteria
Black & Decker	2101503	100	Now eligible under FTSE4Good criteria
Temple Inland	2883395	100	Now eligible under FTSE4Good criteria
Agere Systems Class B	2888776	100	Now eligible under FTSE4Good criteria

For exclusion:

COMPANY	SEDOL	INV. WEIGHT %	REASON
Bank One Corp	2298591	100	Not eligible under FTSE4Good criteria
Transocean	2821287	100	Not eligible under FTSE4Good criteria
Sanmina-SCI	2780366	100	Not eligible under FTSE4Good criteria
Arrow Electronics	2051404	100	Not eligible under FTSE4Good criteria
Novell	2650793	100	Exclusion from benchmark universe
Parametric Technology	2670058	100	Exclusion from benchmark universe
I2 Technologies	2896081	40	Exclusion from benchmark universe

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