Singapore, 5 October 2007 - Singapore Press Holdings (SPH), Singapore Exchange (SGX) and FTSE Group today announced the constituents of the revamped Straits Times Index as well as the other 18 new indices of the FTSE ST Index Series. These indices are expected to go live in January 2008.

The full list of indices is shown in Appendix 1.

STRAITS TIMES INDEX (STI)

The revamped STI will comprise 30 blue-chip companies on the SGX Mainboard ranked by market capitalisation as at 31 August 2007, which have passed the selection criteria outlined below.

The constituents of the revamped STI are shown in Appendix 2.

In line with FTSE´s international methodology, these companies have been included based on the following criteria:

1. Free Float. The free float of a listed company must be greater than 15%. The definition of “free float” includes portfolio investments, nominee holdings and holdings by investment companies.

2. Liquidity. A stock must trade with a median daily turnover value of at least 0.05% of the value of its free float-adjusted shares in issue for at least 10 out of the last 12 months.

FTSE ST INDEX SERIES

Similar to the revamped STI, the 18 indices in the FTSE ST Index Series – including the FTSE ST Mid Cap and Small Cap indices - are based on the above two criteria (i.e. free float and liquidity).

The FTSE ST Index Series includes 13 industrial and sub-sector indices. These are built in accordance with the rules that govern the globally renowned Industry Classification Benchmark (ICB) system.

In addition, a China-theme index has been created to reflect the increasing significant representation of mainland China stocks in the Singapore market. The FTSE ST China Index, comprises top-ranking mainland China stocks on SGX, will facilitate cross-border analysis and comparison.

The constituents of the FTSE ST Mid Cap, Small Cap and China Index are listed in Appendix 3.

To qualify for inclusion in any index, except the FTSE ST Fledgling Index, the market capitalisation of a listed company must fall within the top 98% by full market capitalisation of all SGX Mainboard companies.

The FTSE ST Fledgling Index includes all the other qualifying companies comprising the last 2% by full market capitalisation. These stocks are not screened for stock liquidity.

GROUND RULES

The constituents of the STI and the new FTSE ST Index Series will be reviewed semi-annually in accordance with a set of publicly available Ground Rules which can be accessed via www.ftse.com/st.

An advisory committee comprising of market practitioners, and/or representatives from SPH, SGX and FTSE will be formed to undertake the reviews. The first review is scheduled for September 2008.

TRIAL VALUES

Trial values of the revamped Straits Times Index (STI) and the other 18 new indices will be made available on the FTSE website from Monday, 8 October 2007.

The trial values are meant to facilitate technical testing and do not replace the current STI values. The trial period will allow market participants to familiarize themselves with the workings of the revamped STI and FTSE ST Index Series ahead of the official launch in January 2008.

The revamped STI and the new FTSE ST Index Series will stimulate development of index-related products to serve diverse market needs. This in turn offers investors wider investment choices and opportunities in the Singapore market. With the availability of more indices, more listed companies can expect to be included in an index and achieve higher visibility with international fund managers and investors.

The indices should also result in more active trading of Singapore-listed stocks and this is instrumental in creating a more vibrant Singapore securities market.

Mr Hsieh Fu Hua, Chief Executive Officer of SGX, said: "The market will welcome the new 30-stock STI as the revamped index represents and facilitates more efficient management and trading in blue chip stocks. Of the 18 new indices, we expect the China index to be of particular interest to investors as it represents our universe of China stocks."

Mr Alan Chan, Chief Executive Officer of SPH, added: “SPH is delighted to partner SGX and the FTSE Group in this venture. The Straits Times Index has been the main benchmark of the Singapore market for more than four decades. The revamp of the STI will ensure that it remains the market benchmark for many more decades to come, supplemented by a whole new family of FTSE ST Indexes.”

Mr Donald Keith, Deputy Chief Executive of FTSE Group, said: “FTSE is committed to developing a viable family of indices, using our long standing expertise in international indexing, to further boost Singapore´s standing among international financial index investors. The trial index calculation period is an important element in the transition process and adds transparency for market users.”

For details of the ground rules, trial values and constituent lists, please visit to SPH and FTSE websites at: www.ftse.com/st and www.straitstimes.com/stindex



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

Magdalyn Liew Corporate Communications Tel: +65 6236 8157 Email: magdalynliew@sgx.com

Lim Seng Jin Corporate Communications Tel: +65 6238 8385 Email: sengjin.lim@sgx.com

FTSE

Hong Kong - Meredith Blakemore London - Sandra Steel Email: media@ftse.com

Tel: +852 2230 5801 Tel: +44 207 866 1821

About Singapore Press Holdings Ltd

Newspapers and Magazines
Main board-listed Singapore Press Holdings Ltd (SPH) is the leading media company in Singapore, delivering news and information through print, Internet and broadcasting platforms. In Singapore, it publishes 14 newspapers in four languages. Every day, 2.7 million individuals or 83 percent of people above 15 years old, read one of SPH’s news publications. SPH also publishes over 90 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 100 million pageviews with 6 million unique visitors every month. Apart from SPH AsiaOne portal, SPH’s online and new media initiatives include a revolutionary mobile advertising and information service, ZapCode; online marketplace for products, services and employment, ST701; and STOMP (Straits Times Online Mobile Print), a portal that connects, engages and interacts with readers on the Web and via mobile phone messaging.

Broadcasting
SPH has a 20 percent stake in MediaCorp TV Holdings Pte Ltd, which operates free-to-air channels 5, 8, U and TV Mobile, and a 40 percent stake in MediaCorp Press Pte Ltd, which publishes the free newspaper, Today. In the radio business, SPH has a 80 percent stake in SPH UnionWorks Pte Ltd, which operates entertainment stations Radio 100.3 in Mandarin and Radio 91.3 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, and a 35 percent stake in TOM Outdoor Media Group, a leading outdoor advertising company in China.

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.



About Singapore Exchange Limited

Singapore Exchange Limited (SGX) is Asia-Pacific´s first demutualised and integrated securities and derivatives exchange.

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).

On 23 November 2000, SGX became the first exchange in Asia-Pacific to be listed via a public offer and a private placement. Listed on its own bourse, the SGX stock is a component of benchmark indices such as the MSCI Singapore Free Index and the Straits Times Index.

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

About FTSE Group

FTSE Group is a world-leader in the creation and management of indexes. With offices in Beijing, London, Frankfurt, Hong Kong, Madrid, Paris, New York, San Francisco, Boston, Shanghai and Tokyo, FTSE Group services clients in 77 countries worldwide. It calculates and manages the FTSE Global Equity Index Series, which includes world-recognized indexes ranging from the FTSE All-World Index, the FTSE4Good series and the FTSEurofirst Index series, as well as domestic indexes such as the prestigious FTSE 100. The company has collaborative arrangements with the Athens, AMEX, Cyprus, Euronext, Johannesburg, London, Madrid, NASDAQ and Taiwan exchanges, as well as Nomura Securities and Xinhua Finance of China. FTSE also has a collaborative agreement with Dow Jones Indexes to develop a single sector classification system for global investors.

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. Independent committees of senior fund managers, derivatives experts, actuaries and other experienced practitioners review all changes to the indexes to ensure that they are made objectively and without bias. Real-time FTSE indexes are calculated on systems managed by Reuters. Prices and FX rates used are supplied by Reuters.

Appendix 1

1. The revamped Straits Times Index - comprising the top 30 SGX Mainboard listed companies selected by full market capitalisation. The STI will be complemented by a new family of 18 FTSE ST indices.

FTSE ST Index Series
1. FTSE ST Mid Cap Index - comprising the next 50 SGX Mainboard listed companies by full market capitalisation;

2. FTSE ST Small Cap Index - comprising the remaining companies within the top 98 per cent by full market capitalisation of the SGX Mainboard;

3. FTSE ST All Share Index - comprising all companies within the top 98 per cent by full market capitalisation of the SGX Mainboard universe (i.e. large cap, mid cap and small cap indices combined);

4. FTSE ST Fledgling Index - All companies that are too small to be included within the FTSE ST All Share Index.


Sector Indices

Companies within the FTSE ST All Share Index will be classified by:

1. FTSE ST Oil and Gas Sector Index
2. FTSE ST Basic Materials Sector Index
3. FTSE ST Industrials Sector Index
4. FTSE ST Consumer Goods Sector Index
5. FTSE ST Healthcare Sector Index
6. FTSE ST Consumer Services Sector Index
7. FTSE ST Telecommunications Sector Index
8. FTSE ST Utilities Index
9. FTSE ST Financials Sector Index
10. FTSE ST Technology Sector index
11. FTSE ST Real Estate Index
12. FTSE ST Real Estate Holding and Development
13. FTSE ST Real Estate Investment Trusts

Theme Index

1. FTSE ST China Index

Appendix 2

Revamped STI starting constituents for 8 October 2007 (30 constituents)

CAPITALAND

CAPITAMALL TRUST

CITY DEVELOPMENTS

COSCO CORP SINGAPORE

DBS GROUP HOLDINGS

FRASER AND NEAVE

GENTING INTERNATIONAL

HONG KONG LAND

JARDINE CYCLE & CARRIAGE

JARDINE STRATEGIC

KEPPEL CORP

KEPPEL LAND

NEPTUNE ORIENT LINES

NOBLE GROUP

OLAM INTERNATIONAL

OVERSEAS CHINESE BANKING

SEMBCORP INDUSTRIES

SEMBCORP MARINE

SIA ENGINEERING

SINGAPORE AIRLINES

SINGAPORE EXCHANGE

SINGAPORE PRESS HOLDINGS

SINGAPORE TECHNOLOGIES ENGINEERING

SINGAPORE TELECOM

STARHUB

THAI BEVERAGE

UNITED OVERSEAS BANK

WILMAR INTERNATIONAL

YANGZIJIANG SHIPBLDG HLDGS

YANLORD LAND GROUP

Appendix 3

FTSE ST Mid Cap Index starting constituents for 8 October 2007 (50 constituents)

ALLGREEN PROP	LABROY MARINE
ASCENDAS REAL ESTATE INVESTMENT TRUST	MACQUARIE INTERNATIONAL INFRASTRUCTURE FUND
ASCOTT GROUP	MANDARIN ORIENT
BANYAN TREE HOLDINGS	MAPLETREE LOGISTICS TRUST
CAPITACOMMERCIAL TRUST	MOBILEONE
CDL HOSPITALITY TRUSTS	PARKWAY HOLDINGS
CEREBOS PACIFIC LTD	PEOPLE’S FOOD HOLDINGS
CHARTERED SEMICONDUCTOR	RAFFLES EDUCATION CORP
CHINA AVIATION OIL SINGAPORE CORP	SINGAPORE AIRPORT TERMINAL SERVICES
CHINA ENERGY	SINGAPORE LAND
CHINA HONGXING SPORTS	SINGAPORE PETROLEUM
CHINA SKY CHEMICAL FIBRE	SINGAPORE POST
COMFORTDELGRO CORP	SMRT CORP
DELONG HOLDINGS	STATS CHIPPAC
EZRA HOLDINGS	STRAITS ASIA RESOURCES
GALLANT VENTURE	STRAITS TRADING
GUOCOLAND	STX PAN OCEAN
HAW PAR CORPORATION	SUNTEC REIT
HO BEE INVEST	SYNEAR FOOD HOLDINGS
HONG LEONG FINANCE	UNITED TEST AND ASSEMBLY CENTER
HOTEL PROPERTIES	UOL GROUP
HYFLUX	UTD INDUSTRIAL CORP
INDOFOOD AGRI RESOURCES.	VENTURE CORP
JAYA HOLDINGS	WHEELOCK PROPERTIES
KEPPEL TELECOM	WING TAI HOLDINGS

FTSE ST Small Cap Index starting constituents for 8 October 07 (195 constituents)

ABTERRA	HOTUNG INVESTMENT HOLDINGS
ADVANCE SCT	HSU FU CHI INTERNATIONAL
ADVANCED HOLDINGS	HTL INTERNATIONAL HOLDINGS
ALLCO COMMERCIAL REAL ESTATE	HUAN HSIN
AMARA HOLDINGS	HUPSTEEL
AQUA-TERRA SUPPLY CO.	HWA HONG CORPORATION
ARMSTRONG INDUSTRIAL CORP. .	INNOVALUES
ASCENDAS INDIA TRUST	INTER-ROLLER ENGINEERING
ASCOTT RESIDENCE TRUST	JAPAN LAND
ASIA DEKOR HOLDINGS	JIUTIAN CHEMICAL GROUP
ASIA ENTERPRISES HOLDING	JURONG TECHNOLOGIES INDUSTRIAL CORP
ASIA ENVIRONMENT HOLDINGS	K-REIT ASIA
ASIAPHARM GROUP	K1VENTURES
ASL MARINE HOLDINGS	KIM ENG HOLDINGS
ASTI HOLDINGS	KINGBOARD COPPER FOIL HOLDINGS
AUSGROUP	KOH BROTHERS GROUP
AVI-TECH ELECTRONICS	KS ENERGY SERVICES
AZTECH SYSTEMS .	L.C. DEVELOPMENT
BBR HOLDINGS (S)	LEE KIM TAH HOLDINGS
BEAUTY CHINA HOLDINGS	LIAN BENG GROUP
BEST WORLD INTERNATIONAL	LIANG HUAT ALUMINUM
BEYONICS TECH	LMA INTERNATIONAL N.V.
BH GLOBAL MARINE	LONGCHEER HOLDINGS
BIO-TREAT TECHNOLOGY	LOTTVISION
BIOSENSORS INTERNATIONAL GROUP	LOW KENG HUAT (SINGAPORE)
BONVESTS HOLDINGS	LUM CHANG HOLDINGS
BRIGHT WORLD PRECISION	LUZHOU BIO-CHEM TECHNOLOGY
BUKIT SEMBAWANG ESTATES	MACARTHURCOOK INDUSTRIAL REIT
C & O PHARMACEUTICAL TECHNOLOGY HOLDINGS	MACQUARIE MEAG PRIME REIT
C&G INDUSTRIAL HOLDINGS	MAN WAH HOLDINGS
CAMBRIDGE INDUSTRIAL TRUST	MANHATTAN RESOURCES
CAPITARETAIL CHINA TRUST	MEDIARING .
CELESTIAL NUTRIFOODS	MEIBAN GROUP
CENTILLION ENVIRONMENT & RECYCLING	MEMTECH INTERNATIONAL
CH OFFSHORE	METRO HOLDINGS
CHEMOIL ENERGY	MIDAS HOLDINGS
CHINA ANGEL FOOD	MIDSOUTH HOLDINGS
CHINA AUTO	NATSTEEL
CHINA DAIRY GROUP	NERA TELECOMMUNICATIONS

CHINA ESSENCE GROUP	ORCHARD PARADE HOLDINGS
CHINA FARM EQUIPMENT LIMITED	OSIM INTERNATIONAL
CHINA FLEXIBLE PACKAGING HOLDINGS	OUHUA ENERGY HOLDINGS
CHINA KANGDA FOOD	PACIFIC ANDES HOLDINGS
CHINA LIFESTYLE FOOD AND BEVERAGES GROUP	PACIFIC CENTURY REGIONAL DEVELOPMENTS
CHINA MERCHANTS HLDGS(PACIFIC)	PACIFIC SHIPPING TRUST
CHINA MILK PRODUCTS GROUP	PAN HONG PROPERTY GROUP
CHINA SPORTS INTL	PINE AGRITECH
CHINA SUN BIO-CHEM TECHNOLOGY GROUP CO	PT BERLIAN LAJU TANKER TBK
CHINA SUNSINE CHEM HLDGS	QAF
CHINA WHEEL HOLDINGS	R H ENERGY
CHINA XLX FERTILISER	RAFFLES MEDICAL GROUP
CHINA YUANBANG PROP HLDGS	RICKMERS MARITIME
CHIP ENG SENG CORP.	ROTARY ENGINEERING
CHT (HOLDINGS)	ROWSLEY
CHUAN HUP HOLDINGS	SARIN TECHNOLOGIES
CITYSPRING INFRASTRUCT TRUST	SC GLOBAL DEVELOPMENTS
COURAGE MARINE GROUP	SECOND CHANCE PROPERTIES
CREATIVE TECHNOLOGY	SEKSUN CORP.
CSC HOLDINGS	SEMBAWANG KIMTRANS
CSE GLOBAL	SHANGHAI ASIA HOLDINGS
CWT	SIHUAN PHARMA HLDGS
DATACRAFT ASIA	SIM LIAN GROUP
DATAPULSE TECHNOLOGY	SINGAPORE FOOD INDUSTRIES
DMX TECHNOLOGIES GROUP	SINGAPORE SHIPPING CORP
ECS HOLDINGS	SINO TECHFIBRE
ELECTROTECH INVESTMENTS	SINO-ENVIRONMENT TECHNOLOGY GROUP
ENVIRO-HUB HOLDINGS	SINOMEM TECHNOLOGY
EPURE INTERNATIONAL	SINWA
F J BENJAMIN HOLDINGS	SMB UNITED
FEDERAL INTERNATIONAL (2000)	SNP CORPORATION
FERROCHINA	SOILBUILD GROUP HOLDINGS
FIBRECHEM TECHNOLOGIES	SP CHEMICALS
FINANCIAL ONE CORP.	SSH
FIRST REAL ESTATE INVESTMENT TRUST	STAMFORD LAND CORP
FIRST SHIP LEASE TRUST	SUNNINGDALE TECH
FOOD EMPIRE HOLDINGS	SUNSHINE HOLDINGS
FORELAND FABRICTECH HLDGS	SUNVIC CHEMICAL HOLDINGS
FRASERS CENTREPOINT TRUST	SUPER COFFEEMIX MANUFACTURING
FREIGHT LINKS EXPRESS HOLDINGS	SWIBER HOLDINGS
FU YU CORP LTD	TAI SIN ELECTRIC CABLES MANUFACTURER
FULL APEX (HOLDINGS)	TAT HONG HOLDINGS

FUNG CHOI PRINTING & PACKAGING GROUP	TIONG WOON CORP. HOLDING
GEMS TV HOLDINGS	TT INTERNATIONAL
GLOBAL TESTING	TUAN SING HOLDINGS
GOODPACK	UMS HOLDINGS
GUANGZHAO INDUSTRIAL FOREST BIOTECHNOLOGY GROUP	UNISTEEL TECHNOLOGY
GUTHRIE GTS .	UNITED ENGINEERS
HEETON HOLDINGS	UNITED FIBER SYSTEM
HERSING REALTY	UNITED FOOD HOLDINGS
HG METAL MANUFACTURING	VICOM
HI-P INTERNATIONAL	XPRESS HOLDINGS .
HIAP HOE	YELLOW PAGES (SINGAPORE)
HIAP SENG ENGINEERING	YHI INTERNATIONAL
HLG ENTERPRISE	YOMA STRATEGIC HOLDINGS
HONG FOK CORP	YONGNAM HOLDINGS
HONG LEONG ASIA
HONGGUO INTERNATIONAL HOLDINGS
HOR KEW CORP .
HOTEL GRAND CENTRAL
HOTEL PLAZA

FTSE ST China Index starting constituents for 8 October 07 (50 constituents)

ASIA DEKOR HOLDINGS	CHINA XLX FERTILISER .
ASIA ENVIRONMENT HOLDINGS	CHINA YUANBANG PROP HLDGS
ASIAPHARM GROUP	CHT (HOLDINGS) .
BIO-TREAT TECHNOLOGY	COSCO CORPORATION (S)
BRIGHT WORLD PRECISION MAC	DELONG HOLDINGS
C & O PHARM TECH (HLDGS)	EPURE INTERNATIONAL
C&G INDUSTRIAL HOLDINGS	FIBRECHEM TECHNOLOGIES
CELESTIAL NUTRIFOODS	FULL APEX (HOLDINGS)
CHINA ANGEL FOOD	GUANGZHAO IND FOREST BIOGRP
CHINA AVIATION OIL(S) CORP	HONGGUO INTL HOLDINGS
CHINA DAIRY GROUP	JIUTIAN CHEMICAL GROUP
CHINA ENERGY	LONGCHEER HOLDINGS
CHINA ESSENCE GROUP	LUZHOU BIO-CHEM TECHNOLOGY
CHINA FARM EQUIPMENT	MEMTECH INTERNATIONAL
CHINA FLEXIBLE PACK HLDG	MIDSOUTH HOLDINGS
CHINA HONGXING SPORTS	OUHUA ENERGY HOLDINGS
CHINA KANGDA FOOD COMPANY	R H ENERGY
CHINA LIFESTYLE F&B GROUP	SHANGHAI ASIA HOLDINGS
CHINA MERCHANTS HLDGS(PACIFIC)	SIHUAN PHARMA HLDGS GROUP
CHINA MILK PRODUCTS GROUP	SINO TECHFIBRE
CHINA SKY CHEM FIBRE CO	SINO-ENVIRONMENT TECH GRP
CHINA SPORTS INTL	SUNSHINE HOLDINGS
CHINA SUN BIOCHEM TECH GP CO.	SUNVIC CHEMICAL HOLDINGS
CHINA SUNSINE CHEM HLDGS	SYNEAR FOOD HOLDINGS
CHINA WHEEL HOLDINGS	YANGZIJIANG SHIPBLDG HLDGS