| Mumbai/ Frankfurt. October 11, 2007: Deutsche Börse (DB) will act as an exclusive worldwide sales partner for all indices of Bombay Stock Exchange Ltd. (BSE). Earlier this year, Deutsche Börse acquired a 5 percent stake in BSE and the partners agreed to explore ways of strengthening their collective competencies across a broad spectrum of business areas.
The BSE provides various index series, including the benchmark index for the Indian stock market, the SENSEX index. First compiled in 1986, SENSEX is a basket of 30 constituent stocks representing a sample of large, liquid and representative companies. The index is widely reported in both domestic and international markets through print as well as electronic media. BSE has continuously expanded the range of its indices with the BSE-100, BSE-200 and BSE-500 as well as different sector indices and the BSE DOLLEX Indices.
"The SENSEX Index is a leading benchmark for the Indian sub-continent and we are delighted to be the exclusive partner in bringing together the Indian index business and the European market. With this cooperation, we further expand our index business in the Asian markets", said Dr. Holger Wohlenberg, Managing Director for Market Data & Analytics at Deutsche Börse.
"Post demutualization, Bombay Stock Exchange Ltd. has a strategic relationship with Deutsche Börse who are among the marquee foreign and Indian investors who have taken stake in BSE. As a part of its global vision, BSE is proud to announce the index cooperation agreement with Deutsche Börse. The objective of the index cooperation agreement is to make SENSEX (the index the world tracks) and other BSE indices available to investors in Europe and America", said Rajnikant Patel, Managing Director & CEO of BSE.
Information for the Media:
About BSE (http://www.bseindia.com/)
BSE is the oldest stock exchange in Asia. It was established in 1875 as "The Native Share & Stock Brokers Association."
Earlier an Association of Persons (AOP), the Exchange is now a corporatised and demutualised entity incorporated under the provisions of the Companies Act, 1956, pursuant to BSE (Corporatisation and Demutualisation) Scheme, 2005 notified by the Securities and Exchange Board of India (SEBI). BSE is now professionally managed under the overall direction of the Board of Directors, which includes eminent professionals, and representatives of trading members.
BSE reaches to around 450 cities and towns of India. It has more than 4,800 listed companies on the board, with over 7,500 scrips being traded. The companies listed on BSE command a total market capitalization of 1.4 trillion USD. The Exchange offers trading in the equity (cash and derivatives) and debt (corporate and government securities) segments.
About Deutsche Börse:
Deutsche Börse Group is one of the world's leading service providers for the securities industry with a product and service offering for issuers, investors, intermediaries and data vendors. The Group covers the entire process chain from trading, through clearing, to settlement and securities custody. Furthermore, Deutsche Börse offers market data, indices and analysis and is a service provider for the development and operation of IT systems.
Deutsche Börse Market Data & Analytics calculates and publishes more than 2,100 indices in total. Deutsche Börse thus ranks among the world's major index providers. Market Data & Analytics also compiles, distributes, and markets independent capital market information, such as price data, trading statistics, and back office information for banks and financial institutions.
Media contact:
| (BSE) Kalyan Bose / Saheli Chatterjee | +91 22 22 72 29 38 | | (Deutsche Börse) Walter Allwicher/Leticia Adam | +49-69-21 11 15 00 |
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