Ann: GENERAL: NZX: NZX, S&P Dow Jones Indices Enter Strategic Index Agreement

• Release Date: 26/02/15 17:27
• Summary: GENERAL: NZX: NZX, S&P Dow Jones Indices Enter Strategic Index Agreement
• Price Sensitive: No
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					NZX
26/02/2015 17:27
GENERAL
NOT PRICE SENSITIVE
REL: 1727 HRS NZX Limited

GENERAL: NZX: NZX, S&P Dow Jones Indices Enter Strategic Index Agreement

NZX Limited and S&P Dow Jones Indices, one of the world's leading providers
of financial market indices today announced a strategic agreement to jointly
develop, produce and commercialise co-branded investable indices featured on
NZX platforms and related data products. The agreement will see the two
parties collaborate on the development and commercialisation of the New
Zealand index business across equity and fixed income securities.

Per the agreement, from 21 June 2015, S&P DJI will assume responsibility for
calculating, publishing and disseminating the NZX indices as well as their
distribution and marketing in overseas markets. This relationship capitalises
on NZX's experience in building and operating capital and risk markets and
infrastructure, and S&P DJI's proven track record in global index sales and
marketing. Additionally, it opens the door to developing a greater variety of
benchmarks representing the New Zealand financial market.

NZX CEO Tim Bennett commented: "We're excited to be working with S&P DJI, the
world's leading provider and distributor of market indices, and we're
confident that this partnership will further increase the appeal and profile
of the New Zealand market among both global and local investors. This
partnership will put the New Zealand market on an equivalent footing with
other leading markets around the world in terms of calculation methodology,
format and distribution.  We are looking forward to a constructive and
fruitful relationship with S&P DJI."

"New Zealand has all the typical characteristics of a developed market
economy but meanwhile boasts immense potential for the growth of index-based
investing," commented Alex Matturri, Chief Executive Officer of S&P Dow Jones
Indices. "Through our collaboration with NZX Limited, we are proud to be at
the centre of a series of trailblazing initiatives to facilitate greater
investor access to this vibrant market. We are committed to raising the
global profile of the NZX indices with our well-recognised marketing and
international commercialisation capabilities that utilise the strength of our
brand and over 115 years of experience in providing transparent and
independent financial market indices."

Once the agreement commences on 21 June 2015, existing and future indices
will be co-branded under the S&P and NZX brands. The benchmark, NZX50 index
will become the S&P/NZX50.  NZX and S&P DJI will shortly be providing
additional information regarding updates to the current index methodologies
to align them with S&P DJI's global benchmarks.

NZX would also like to acknowledge the contribution that ANZ has made to the
suite of debt indices over the past six years. ANZ Head of Global Markets New
Zealand Andrew Allan commented: "ANZ is proud of its involvement with the ANZ
Debt Market Indices over the past six years and with the significant
development in both the indices and the New Zealand market over that time. We
have valued our working relationship with NZX and are committed to working
with NZX, S&P DJI and our customers to ensure this development continues over
the coming years."

Recognising the strategic importance of exchange relationships, S&P DJI has
formed a number of unique and dynamic alliances with exchanges in various
markets since 2000, including Australia, Canada, India, Japan, Peru and South
Korea. S&P DJI also has longstanding commercial and strategic relationships
with CBOE and CME, where many of the world's most actively traded index and
volatility derivatives are listed and based on indices calculated and
published by S&P DJI. The latest agreement with NZX Limited underlines S&P
DJI's commitment to expanding its network and delivering world-class index
services.

For more information, please visit: www.spdji.com.

About NZX Limited
NZX builds and operates capital, risk and commodity markets and the
infrastructure required to support them. We provide high quality information,
data and tools to support business decision making. We aim to make a
meaningful difference to wealth creation for our shareholders and the
individuals, businesses and economies in which we operate. To learn more
about NZX, please visit: http://www.nzxgroup.com/

About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the world's
largest, global resource for index-based concepts, data and research. Home to
iconic financial market indicators, such as the S&P 500(R) and the Dow Jones
Industrial Average(R), S&P Dow Jones Indices LLC has over 115 years of
experience constructing innovative and transparent solutions that fulfill the
needs of investors. More assets are invested in products based upon our
indices than any other provider in the world. With over 1,000,000 indices
covering a wide range of asset classes across the globe, S&P Dow Jones
Indices LLC defines the way investors measure and trade the markets. To learn
more about our company, please visit www.spdji.com.

S&P(R) is a registered trademark of Standard & Poor's Financial Services LLC
("S&P"), a part of McGraw Hill Financial. Dow Jones(R) is a registered
trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). These trademarks
have been licensed to S&P Dow Jones Indices LLC. It is not possible to invest
directly in an index. S&P Dow Jones Indices LLC, Dow Jones, S&P and their
respective affiliates (collectively "S&P Dow Jones Indices") do not sponsor,
endorse, sell, or promote any investment fund or other investment vehicle
that is offered by third parties and that seeks to provide an investment
return based on the performance of any index. This document does not
constitute an offer of services in jurisdictions where S&P Dow Jones Indices
does not have the necessary licenses. S&P Dow Jones Indices receives
compensation in connection with licensing its indices to third parties.

For more information:

NZX Limited
Kate McLaughlin
Head of Corporate Communications
(+64) 9 309 3654
[email protected]

S&P Dow Jones Indices
David R. Guarino
Head of Global Communications
 (+1) 212 438 1471
[email protected]

Alex Yang
Communications Manager, Asia Pacific
 (+852) 2532 8001
[email protected]
End CA:00261215 For:NZX    Type:GENERAL    Time:2015-02-26 17:27:52