Press Release

MSCI Expands ESG Offering with In-depth

Corporate Governance Product

Facilitates portfolio analysis across equity and bonds

London - September 4, 2014 - MSCI Inc.(NYSE: MSCI), a leading provider of investment decision support tools worldwide, announced today the expansion of its environmental, social and governance (ESG) research offering through MSCI ESG Research Inc. with the launch of MSCI ESG GovernanceMetrics, delivering in-depth corporate governance research and analysis on its MSCI ESG Manageronline platform.

MSCI ESG GovernanceMetrics provides institutional investors with corporate governance research and analysis on more than 6,000 companies globally. The new product, now part of the MSCI ESG ratings product suite, is based on award-winning research developed by GMI Ratings1, which was acquired by MSCI ESG Research Inc. last month.

The availability of MSCI ESG GovernanceMetrics on the MSCI ESG Manager platform is designed to allow clients to seamlessly evaluate potential ESG portfolio risk across all three ESG pillars, receive integrated data feeds, and leverage MSCI's multiple-security data infrastructure.

"This is one of the first visible benefits of MSCI ESG Research's acquisition of GMI Ratings and a breakthrough for our offering to institutional investors," said Remy Briand, Managing Director and Head of ESG Research. "We are excited to bring clients comprehensive, integrated research and analysis on the three E, S and G pillars across equity and fixed income securities through the addition of MSCI ESG GovernanceMetrics."

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About MSCI

MSCI Inc. is a leading provider of investment decision support tools to investors globally, including asset managers, banks, hedge funds and pension funds. MSCI products and services include indexes, portfolio risk and performance analytics, and ESG data and research.

The company's flagship product offerings are: the MSCI indexes with over USD 9 trillion estimated to be benchmarked to them on a worldwide basis1; Barra multi-asset class factor models, portfolio risk and performance analytics; RiskMetrics multi-asset class market and credit risk analytics; IPD real estate information, indexes and analytics; MSCI ESG (environmental, social and governance) Research screening, analysis and ratings; and FEA valuation models and risk management software for the energy

and commodities markets. MSCI is headquartered in New York, with research and commercial offices around the world.

1As of March 31, 2014, as reported on June 25, 2014, by eVestment, Lipper and Bloomberg

For further information on MSCI, please visit our web site at www.msci.com

1 GMI Ratings was named "The Best Independent Corporate Governance Research Provider" in 2012 and 2013 by the IRRI Thomson Reut ers Extel and SRI- Connect.com Survey.

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Media Enquiries:

Nick Denton | Christian Pickel, MHP Communications, London + 44.20.3128.8754/8208

Jo Morgan, MSCI, London + 44.20.7618.2224

Michele Clarke, MSCI, New York + 1.646.732.5079

MSCI Global Client Service:

EMEA Client Service + 44.20.7618.2222

Americas Client Service 1.888.588.4567 (toll free)/+ 1.212.804.3901

Asia Pacific Client Service + 852.2844.9333


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MSCI ESG Research Inc. is a Registered Investment Adviser under the Investment Advisers Act of 1940 and a subsidiary of MSCI Inc. Except with respect to any applicable products or services from MSCI ESG Research, neither MSCI nor any of its products or servic es recommends, endorses, approves or otherwise expresses any opinion regarding any issuer, securities, financial products or instruments or trading strategies and neither MSCI nor an y of its products or services is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Issuer s mentioned or included in any MSCI ESG Research materials may include MSCI Inc., clients of MSCI or suppliers to MSCI, and may also purchase research or other products or services from MSCI ESG Research. MSCI ESG Research materials, including materials utilized in any MSCI ESG Indexes or other products, have not been submitted to, nor received approval from, the United States Securities and Exchange Commission or any other regulatory body.

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