JOINT MEDIA RELEASE

No changes to STI constituents after half-yearly review

Singapore & Hong Kong, 10 September 2009 – Singapore Press Holdings (SPH), Singapore Exchange Limited (SGX) and FTSE Group (FTSE) announced today that there will be no changes to the constituents of the Straits Times Index (STI) after the half-yearly review concluded today.

The STI reserve list, comprising the five highest ranking non-constituents of the STI by market capitalisation, will be (in order of size) Yanlord Land Group, Yangzijiang Shipbldg Hldgs, Keppel Land, Singapore Petroleum Co and Ascendas Real Estate Inv Trust. Companies in the reserve list will replace any constituent stocks that become ineligible as a result of corporate actions before the next review.

The STI is widely followed by investors as the benchmark for the Singapore market and is used as the basis of financial products including Exchange Traded Funds (ETFs), futures, warrants and other derivatives.

Several changes were made to other indices in the FTSE ST Index Series, including the addition of four stocks to the FTSE ST China Top Index. They are Hongkong Land Holdings, Oceanus Group, China Milk Products Group and China Energy.

The indices are reviewed half-yearly by the independent FTSE ST Index Advisory Committee in accordance with the index ground rules. The reviews ensure that the indices accurately reflect the markets they represent. This is essential when the indices are used to benchmark investment portfolios and used as the basis of index-linked products.

The list of STI constituents is in Appendix 1, the changes to the FTSE ST Index Series are in Appendix 2, and the selection criteria used is in Appendix 3.

All changes from this review will take effect from the start of trading on Tuesday, 22 September 2009 (Monday, 21 September is a public holiday in Singapore). The next review is scheduled for Thursday, 11 March 2010.

For more information about the STI and FTSE ST Index Series, the full review results or the index ground rules, please visit www.ftse.com/st

View Appendix 1, 2 & 3

Jointly issued by:

Singapore Press Holdings Limited
Co. Regn. No: 198402868E

Singapore Exchange Limited
Co. Regn. No: 199904940D

FTSE International Limited
Co. Regn. No: 03108236

Media contacts:

SPH

Chin Soo Fang
Corporate Communications
DID: +65 6319 1216
Email: soofang@sph.com.sg

SGX

Lim Seng Jin
Corporate Communications
Tel: +65 6236 8157
Email: sengjin.lim@sgx.com

FTSE

Meredith Blakemore or Emily Mok
Tel: +852 2230 5800
Email: media@ftse.com

About Singapore Press Holdings Ltd

Incorporated in 1984, main board-listed Singapore Press Holdings Ltd (SPH) celebrates its 25th anniversary this year. It is Southeast Asia’s leading media organisation, engaging minds and enriching lives across multiple languages and platforms.

Newspapers and Magazines

In Singapore, SPH publishes 17 newspaper titles in four languages. Every day, 2.9 million individuals or 79 per cent of people above 15 years old, read one of SPH's news publications. SPH also publishes and produces more than 100 magazine titles in Singapore and the region, covering a broad range of interests from lifestyle to information technology.

Internet and Mobile

Beyond print, the Internet editions of SPH newspapers enjoy over 150 million pageviews with 9 million unique visitors every month. Apart from SPH AsiaOne portal, SPH's online and new media initiatives include an online marketplace for products, services and employment, ST701; local search and directory engine, rednano.sg; Stomp (Straits Times Online Mobile Print), a portal that connects, engages and interacts with readers on the Web and via mobile phone messaging; omy, a bilingual news and interactive portal and The Straits Times RazorTV, a free access interactive webcast service offering live chat shows and video-on-demand clips.

Broadcasting

SPH has a 20 per cent stake in MediaCorp TV Holdings Pte Ltd, which operates free-to-air channels 5, 8, U and TV Mobile, and a 40 per cent stake in MediaCorp Press Limited, which publishes the free newspaper, Today. In the radio business, SPH has an 80 per cent stake in SPH UnionWorks Pte Ltd, which operates entertainment stations Radio 100.3 FM in Mandarin and Radio 91.3 FM in English.

Outdoor Advertising

In addition, SPH has ventured into outdoor advertising through its wholly-owned subsidiary, SPH MediaBoxOffice Pte Ltd, Singapore’s largest outdoor motion display advertising network media company.

Properties

SPH owns and manages Paragon, the prime retail and office complex in the heart of Orchard Road, Singapore's main shopping belt. SPH's wholly-owned subsidiary, Times Development Pte Ltd, is also developing a 43-storey upmarket residential condominium, Sky@eleven, at Thomson Road.

Visit www.sph.com.sg for more information

About Singapore Exchange Limited

Singapore Exchange Ltd (SGX) was inaugurated on 1 December 1999, following the merger of two established and well-respected financial institutions - the Stock Exchange of Singapore (SES) and the Singapore International Monetary Exchange (SIMEX). SGX is Asia-Pacific's first demutualised and integrated securities and derivatives exchange and is listed on its own bourse. The exchange's stock is a component of benchmark indices such as the MSCI Singapore's Free Index and the Straits Times Index (STI).

SGX aims to offer a highly trusted, comprehensive and efficient securities and derivatives marketplace for raising capital, risk transfer, trading, clearing and settlement. SGX facilitates the trading and clearing of commodity futures and over-the-counter (OTC) derivatives such as forward freight agreements and oil swaps. Through strategic alliances and partnerships with other exchanges around the world, SGX is firmly positioned as an Asian Gateway.

For more information, please visit SGX website: www.sgx.com

About FTSE Group

FTSE Group (FTSE) is a world-leader in the creation and management of indexes. With offices in Boston, Beijing, London, Frankfurt, Hong Kong, Madrid, New York, Paris, San Francisco, Sydney, Shanghai and Tokyo, FTSE works with investors in 77 countries globally. It calculates and manages a comprehensive range of equity, fixed income, real estate and investment strategy indices, on both a standard and custom basis. The company has collaborative arrangements with a number of stock exchanges, trade bodies and asset class specialists around the world.

FTSE indexes are used extensively by investors world-wide for investment analysis, performance measurement, asset allocation, portfolio hedging and for creating a wide range of index tracking funds.