Russell Set To Add 35 IPOs To Russell 2000 (Russell.com)

Russell Set To Add 35 IPOs To Russell 2000
Quarterly process systematically inserts IPOs into U.S. indexes

Tacoma, WA — March 16, 2007 — Thirty-five recent initial public offerings (IPOs) are set for inclusion to the broad-market Russell 3000® Index after the close of the U.S. equity markets on Friday, March 30. All of these IPOs also will move directly into the small-cap Russell 2000® Index, while none will flow into the large-cap Russell 1000® Index or the Russell Midcap® Index.

The IPOs set for addition to the Russell 3000 include seven financial services, seven health care and five technology firms.

Russell has posted at www.russell.com/Indexes separate lists of IPOs slated for the Russell 3000, Russell 2000 and Russell Microcap™ Index.

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 $200 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.

Contacts:
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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