from the July 2009 issue

MSCI has reclassified Israel as a "developed market"

MSCI has reclassified Israel as a "developed market", from its current emerging market status.

The change will come into effect as of May, 2010.

Israel will be included in some of the most widely-tracked global equity benchmark indices, the MSCI World Index and the MSCI EAFE (Europe, Australasia, and Far East) Index.

Reprinted from the Israel High-Tech & Investment Report July 2009

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