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Strategic Alliance

FTSE/Xinhua Index Limited (FXI) was established in late 2000. It is a Hong Kong incorporated joint venture between global index provider - FTSE Group and Xinhua Finance, combining FTSE’s internationally renowned indexing expertise with Xinhua’s local Chinese market knowledge and data capabilities. The company was created to facilitate the development of financial indices for the Chinese market, providing combined coverage of the Shanghai, Shenzhen and Hong Kong exchanges. All of the FTSE Xinhua indices are designed according to internationally proven index methodology to ensure products are transparent, clear and consistent.

About FTSE Group

FTSE Group is a global leader in providing indices to investors. FTSE’s approach is to create innovative indices and data services across asset classes on demand, backed by strong on-going customer support. The product range includes a suite of global, regional, sector and themed indices. In addition we also provide index-linked data services and classification systems.

FTSE has collaborative arrangements with stock exchanges and a number of companies worldwide to open up the market for international investment.

FTSE Group serves clients in 77 countries with offices in Beijing, Frankfurt, Hong Kong, London, Madrid, New York, Paris, San Francisco and Tokyo.

For further information visit www.ftse.com

About Xinhua Finance Limited

Xinhua Finance Limited is China’s premier financial services and media company and is listed on the Mothers board of the Tokyo Stock Exchange (symbol: 9399) (OTC ADRs: XHFNY). Founded in China in 1999 with a global presence, Xinhua Finance serves financial institutions, corporations and re-distributors through four focused and complementary service lines: Indices, Ratings, Financial News and Investor Relations. Based in Hong Kong, the company has 17 offices and 22 news bureaus across Asia, Australia, North America and Europe and covers key Chinese and international markets.

For further information visit www.xinhuafinance.com