Press Release

MSCI PROPOSES TO ALLOW CERTAIN EARLY INCLUSIONS TO

THE MSCI OVERSEAS CHINA INDEX

New York - July 7, 2014 - MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support tools worldwide, including indexes, portfolio risk and performance analytics and corporate governance services, proposes to allow early inclusions of companies with Initial Public Offerings ("IPOs") that are of significant size to the MSCI Overseas China Index in order to better reflect the investment opportunity set for the MSCI Overseas China Index.

The proposal would allow for early inclusion of IPOs outside of Index Reviews and early inclusion of IPOs during Index Reviews. The proposal would be implemented in two phases, the first phase being early inclusion of IPOs in between Index Reviews and the second being early inclusion during Index Reviews.

As a reminder, MSCI currently allows IPOs eligible for the MSCI Overseas China Equity Universe to be added to the MSCI Overseas China Indexes in the Semi‐Annual Index Reviews after they have undergone a 3‐month seasoning period.

The document describing in detail the proposal, including the impact on the MSCI Overseas China Index and the proposed timeline for implementation, is available on the MSCI web site at http://www.msci.com/products/indices/consultations/.

Please note that this proposal may or may not lead to any changes to the MSCI Overseas China Indexes. MSCI will announce its final decision by July 17, 2014.

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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 governance tools.

The company's flagship product offerings are: the MSCI indexes with approximately USD 8 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; ISS corporate governance research, data and outsourced proxy voting and reporting services; 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.

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1As of September 30, 2013, as reported on January 31, 2014, by eVestment, Lipper and Bloomberg

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

Press Release

Media Enquiries:

Kristin Meza, MSCI, New York + 1.212.804.5330

Jo Morgan, MSCI, London + 44.20.7618.2224

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

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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You cannot invest in an index. MSCI does not issue, sponsor, endorse, market, offer, review or otherwise express any opinion regarding any investment or financial product that may be based on or linked to the performance of any MSCI index.
MSCI's subsidiaries Institutional Shareholder Services Inc. ("ISS") and MSCI ESG Research Inc. are Registered Investment Advisers under the Investment Advisers Act of 1940. Except with respect to any applicable products or services from ISS or MSCI ESG Research, neither MSCI nor any of its products or services recommends, endorses, approves or otherwise expresses any opinion regarding any issuer, securities, financial products or instruments or trading strategies and neither MSCI nor any 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.
The MSCI ESG Indexes use ratings and other data, analysis and information produced by MSCI ESG Research Inc. Issuers mentioned or included in any MSCI ESG Research materials may be a client of MSCI, ISS, or another MSCI subsidiary, or the parent of, or affiliated with, a client of MSCI, and may also purchase research or tools from MSCI ESG Research Inc. 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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