BALTIX and VILSE indexes to replace LITIN and LITIN-G

15.09.2004 VLN

Launch of the pan-Baltic index and harmonization of index calculation rules in Vilnius, Riga and Tallinn stock exchanges is a step forward in building a joint Baltic market. The new BALTIX index will serve as the benchmark for the Baltic securities market. Investors will also benefit from harmonized rules of the local stock indexes VILSE, RIGSE and TALSE.

The BALTIX Index is a capitalization weighted chain-linked total-return index. The index is calculated on a daily basis using the most recent official closing prices of all shares that are listed in the Main Lists of Vilnius, Riga and Tallinn stock exchanges, comparing the compound market capitalization plus dividends paid to the corresponding data of previous trading day. The index constituents are subject to weight limits at 10 per cent of the compound market capitalization. The index base value has been set at 100.00 points on January 1, 2000. The index is calculated using prices in Euro. As of September 27, BALTIX will replace the LITIN index.

The methodology of the VILSE Stock Index is the same as of BALTIX except that no weight limits are applied to constituents in VILSE. VILSE is calculated on a daily basis using the most recent closing prices of all shares that are listed on the Vilnius Stock Exchange’s Official and Current Lists. The index calculation methodology of VILSE index is harmonized with Estonian (TALSE) and Latvian (RIGSE) total-return indices methodology. The index base values have been set to 100.00 points on January 1, 2000. As of September 27, VILSE will replace LITIN-G.

The calculation rules of BALTIX and VILSE indexes.

For more information please contact:
Giedrius Bacevicius
Head of Trading and Market Services Department
OMX Exchanges/ Vilnius Stock Exchange
tel: (+370) 5 2724352

About OMX Exchanges

OMX is a leading partner for more efficient securities transactions. OMX consists of two divisions: OMX Technology and OMX Exchanges. Through the OMX Exchanges division, OMX owns and operates the equity and derivatives exchanges in Stockholm, Helsinki, Tallinn, Riga and Vilnius as well as the central securities depositories in Estonia and Latvia. Through OMX Exchanges, OMX offers access to 80 percent of the Nordic and Baltic securities market. For more information please visit www.omxgroup.com.