News - Press Release

NEWS - PRESS RELEASES

Clear Indexes Announces Quarterly Rebalance of the Clear Global Timber Index

New York, September 22, 2008 – Clear Indexes LLC, which creates custom indexes for investment product design and individually tailored benchmarks for institutions, family offices, trusts and endowments, announces its quarterly rebalancing of the Clear Global Timber Index (CME: CGT).

No stocks were added or removed. The constituents were re-weighted as follows:

Effective September 22, 2008


Company

Ticker

Weight

 

 

 

Sumitomo Forestry Co Ltd

1911 JP

4.50%

Oji Paper Co.

3861 JP

4.50%

Hokuetsu Paper Mills

3865 JP

4.50%

China Grand Forestry Resources

910 HK

4.00%

Aracruz-PNB (ADR)

ARA UN

4.50%

Canfor Corporation

CFP

1.79%

Deltic Timber

DEL

1.09%

Grupo Empresarial Ence SA

ENC SM

4.50%

Greif Bros Corp A

GEF

3.02%

Gunns Limited

GNS AU

4.50%

Holmen AB - B Shares

HOLMB SS

4.50%

International Paper

IP

4.50%

MeadWestvaco Corporation

MWV

4.50%

Potlatch Corp.

PCH

3.00%

Plum Creek Timber Co.

PCL

3.02%

Portucel Empresa Produtora

PTI PL

4.50%

Rayonier Inc.

RYN

4.50%

SCA - Svenska Cellulosa AB - B Shares

SCAB SS

4.50%

Smurfit Kappa PLC

SKG ID

4.50%

Sonoco Products

SON

3.02%

Sappi Limited

SPP UN

4.50%

Sino-Forest Corporation

TRE

4.50%

Timberwest Timber Trust

TWF.UN

1.69%

Votorantim Cellulose e Papel

VCP UN

4.50%

West Fraser Timber

WFT

2.22%

Wausau Paper Corp.

WPP

0.65%

Weyerhaeuser Corp.

WY

4.50%


The 27 stocks in the Clear Global Timber Index were selected from the timber universe as defined by Clear Indexes LLC. For further information on the definition and selection process please see Clear Global Timber Index Methodology.

About Clear Indexes LLC
Clear Indexes LLC creates and publishes custom indexes using a combination of qualitative research and quantitative methodologies. Clear Indexes designs custom indexes to quantitatively measure specific market segments. The indexes are used for custom institutional benchmarks and investment product design. Clear Indexes is a wholly-owned subsidiary of Clear Asset Management Inc. For more information, please see www.clearindexes.com.