Russell to add 32 IPOs to the global index, mostly U.S. and Greater China stocks Five Real Estate Investment Trusts qualify for the Russell 3000 Index Tacoma, WA — September 17, 2009 — Russell Investments is set to add 10 initial public offerings (IPOs) to the U.S. broad-market Russell 3000® Index at the close of equity markets on September 30. This total includes nine IPOs that qualify for the U.S. small-cap Russell 2000® Index and one (Emdeon) for the U.S. large-cap Russell 1000® Index. Five of these IPOs are real-estate investment trusts (REITS), giving the financial services sector in the Russell 3000 a total of six of the third quarter's additions. Of the remaining four IPOs, three are in the health care sector and one is in the technology sector. The five REITS are Cypress Sharpridge Investments, Government Properties Income, Invesco Mortgage Capital, PennyMac Mortgage and Starwood Property Trust. These 10 U.S.-based IPOs and an additional 22 outside the United States also are slated for addition to the Russell Global Index. Of the 22 ex-U.S. IPOs, seven are located in Hong Kong, three in Canada, two each in China and South Korea and one each in Brazil, India, Japan, Poland, Quatar, Singapore, Taiwan and the United Kingdom. The Russell Greater China Index accounts for 10 of the total 32 IPO additions, equaling the number of IPOs for the U.S. benchmark. Regarding sector demarcation of the IPOs outside the United States, every sector is represented with at least two additions, except for health care which will not see any additions. The third-quarter total of 32 IPO additions worldwide more than doubles the total of 14 added to the global index in the second quarter of 2009. Russell's quarterly process mirrors current market conditions by systematically identifying and adding eligible stocks worldwide. During tough times or boom times for the equity markets, Russell's index methodology consistently provides investors with benchmarks that reflect the global market comprehensively and consistently. For information on Russell's IPO additions process or to see lists from a few previous quarters, go to www.russell.com/Indexes/membership/Global/IPOs.asp. Inclusion in the various Russell Indexes is determined by market capitalization. Russell weights members of each index by float-adjusted market capitalization and explicitly excludes "locked-up" shares from IPO weights. As IPOs are added each quarter, Russell does not delete existing members to make room, but fully reconstitutes each index annually at the end of the second quarter. About Russell Russell Investments provides strategic advice, world-class implementation, state-of-the-art performance benchmarks and a range of institutional-quality investment products. Russell has $151.8 billion in assets under management as of June 30, 2009, and serves individual, institutional and advisor clients in more than 40 countries. Founded in 1936, Russell is a subsidiary of The Northwestern Mutual Life Insurance Company. Contact: Steve Claiborne: 253-439-1858 Russell Investments, a Washington, USA corporation, operates through subsidiaries worldwide. Russell Investments is the owner of the trademarks, service marks and copyrights related to its indexes. Russell's indexes are unmanaged and cannot be invested in directly. CORP-5840			Printer friendly version of this page

INDIVIDUAL INVESTORS     INSTITUTIONAL INVESTORS     FINANCIAL PROFESSIONALS     INDEXES     SITE MAP    

© Russell Investments 1995-2009. All rights reserved.
Legal information.    Privacy statement.