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JSE LIMITED - Index Change Advice - FTSEJSE Ground Rules Buffer Changes

Release Date: 07/10/2013 17:30
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Index Change Advice - FTSEJSE Ground Rules Buffer Changes

            Ground Rule Change - FTSE/JSE Buffer Changes

                                   07 October 2013
At the FTSE/JSE Advisory Committee (AC) meeting, held on 11 September 2013, it was
decided that the buffer sizes of the FTSE/JSE Mid Cap (J201), FTSE/JSE Resource 10
(J210) and FTSE/JSE AltX 15 (J233) indices be amended to improve the consistency of
the buffer size across the Index Series.

Consequently FTSE and the JSE announce the following amendments to the FTSE/JSE
Ground Rules, effective immediately. The new Rules will be applied at the December
2013 index review.

FTSE/JSE Mid Cap Index

Current rule

5.3.2 A security will be inserted at the periodic review if it rises above the portion stated
below for the relevant index when eligible securities for each index are ranked by full
market value:

FTSE/JSE Mid Capitalisation Index - Risen to 85th or above

5.3.3 A security will be deleted at the periodic review if it falls below the position stated
below for the relevant index when the eligible securities for each index are ranked by full
market value:

FTSE/JSE Mid Capitalisation Index - Risen to 116th or above

New Rule

5.3.2 A security will be inserted at the periodic review if it rises above the position
stated below for the relevant index when the eligible securities for each index are ranked
by full market value:

FTSE/JSE Mid Capitalisation Index - Risen to 90th or above

5.3.3 A security will be deleted at the periodic review if it falls below the position stated
below for the relevant index when the eligible securities for each index are ranked by full
market value:

FTSE/JSE Mid Capitalisation Index - Fallen to 111th or below

FTSE/JSE Resource 10 Index

Current Rule
4.5.8 The following upper and lower buffers will be used:

Non-constituents will be eligible for index inclusion if they are ranked on the 8th position
or above by full market capitalisation.

Current constituents will be removed from the index if they are ranked on the 13th
position or below by full market capitalisation.

New Rule

4.5.8 The following upper and lower buffers will be used:

Non-constituents will be eligible for index inclusion if they are ranked on the 9th position
or above by full market capitalisation.

Current constituents will be removed from the index if they are ranked on the 12th
position or below by full market capitalisation.

FTSE/JSE AltX 15 Index

Current Rule

4.5.15 b The following upper and lower buffers will be used:

Non-constituents will be eligible for index inclusion if they are ranked on the 10th
position or above by full market capitalisation.

Current constituents will be removed from the index if they are ranked on the 21st
position or below by full market capitalisation.

New Rule

4.5.15 b The following upper and lower buffers will be used:

Non-constituents will be eligible for index inclusion if they are ranked on the 13th
position or above by full market capitalisation.

Current constituents will be removed from the index if they are ranked on the 18th
position or below by full market capitalisation.

An updated version of the FTSE/JSE Africa Index Series Ground Rules is now available on
the FTSE/JSE website.

Client Services   in UK:                         Tel: +44 (0) 20 7866 1810
Client Services   in Europe, Middle East &       Tel: +44 (0) 20 7866 1810
Africa:
Client Services   in US:                         Tel: +1 888 747 FTSE (3873) or +1 212 314 1139
Client Services   in Asia Pacific:               Tel: +852 2164 3333 or +65 6223 3738 or +81 3 3581
                                                 2811
JSE Limited:                                     Tel: (+27 11) 520 7106 or + (+27 11) 520 7137

Alternatively please visit our website at www.ftse.com or www.ftsejse.co.za

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Date: 07/10/2013 05:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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