Russell Set to Add 26 IPOs to U.S. Indexes (Russell.com)

Russell Set to Add 26 IPOs to U.S. Indexes
Quarterly Process Enhances Market Representation of Index

Tacoma, WA — September 18, 2006 — Twenty-six recent initial public offerings (IPOs) are set for inclusion to the broad-market Russell 3000E™ Index after the close of the U.S. equity markets on Friday, Sept. 29. One of these IPOs—CTC Media—also will move directly into the large-cap Russell 1000® Index, while 19 such as J. Crew Group and LoopNet will join the small-cap Russell 2000® Index. The remainder will flow into the Russell Microcap™ Index.

The list of IPOs includes six firms in the consumer discretionary and financial services sectors and four firms in the technology and health care sectors.

Russell has posted at www.russell.com/Indexes the names of those IPOs set for addition to the Russell 3000, Russell 2000, Russell 1000 and/or Russell Microcap.

Inclusion in the various indexes is determined by market capitalization. Russell also weights members of each index by their float-adjusted market capitalization and explicitly excludes "locked-up" shares from IPO weights. As IPOs are added to Russell indexes each quarter, Russell does not delete existing members to make room for these IPOs, but fully reconstitutes each index at the end of the second quarter.

Russell employs its indexes to objectively evaluate investment managers for multi-manager funds and other investment services. More than $3.8 trillion in assets are benchmarked to the industry-leading Russell indexes.

About Russell
Russell Investment Group, a global leader in multi-manager investment services, provides investment products and services in 44 countries. Russell manages more than $171 billion in assets and advises clients worldwide representing more than $2.4 trillion. Founded in 1936, Russell is headquartered in Tacoma, Wash., and has additional offices in New York, Toronto, London, Paris, Singapore, Sydney, Auckland and Tokyo.

Contact:
Steve Claiborne, 253-439-1858

Russell Investment Group, a Washington, USA corporation, operates through subsidiaries worldwide. Russell is subsidiary of The Northwestern Mutual Life Insurance Company.

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