RNS Number:8016S
FTSE
19 October 2000


Technical Release

         BG Group PLC: Demerger of Lattice Group PLC (Update)
         P & O: Demerger of P & O Princess Cruises PLC (Update)

                       Changes in FTSE Indexes


Further to the previous notice regarding the above demergers, the
estimated market capitalisation of Lattice Group has been assessed as
#5.96bn, based on today's closing market capitalisation for BG Group at
#14.90bn.  Therefore giving a percentage ratio split of 60:40 in BG
Group and Lattice Group respectively.

The estimated market capitalisation of P & O Princess Cruises has been
assessed as #2.24bn,
based on today's closing market capitalisation for P & O at #3.86bn.
Therefore giving a percentage ratio split of 58:42 in P & O Princess
Cruises and P & O respectively.

The above ratios will be used in closing market capitalisations tomorrow
in order to implement the changes as detailed below.

Therefore in accordance with ground rule 7.2.3, FTSE announces the
following changes:


INDEX                     CHANGE                        EFFECTIVE FROM
                                                        START OF TRADING
                                                        ON:
                                                        
FTSE All-World Index      Lattice Group (0976640) will  23 October 2000
                          be added with 3505m shares.
                          
                          BG Group (0876289)  will
                          remain in the index.
                          
                          P & O Princess Cruises
                          (0963590) will be added with
                          679m shares.
                          
                          P & O will remain in the
                          index.
                          
FTSE World Index          Lattice Group will be added   23 October 2000
                          as above.
                          
                          BG Group will remain in the
                          index.
                          
                          P & O Princess Cruises will
                          be added as above.
                          
                          P & O will remain in the
                          index.
FTSE Multinationals       P & O Princess Cruises will   23 October 2000
                          be added.
                          
                          BG Group will be added.
                          
FTSE World Index Ex-      Lattice Group will be added.  23 October 2000
Multinationals            
                          BG Group will be deleted.
FTSE Eurotop 100          BG Group will remain in the   23 October 2000
                          index
FTSE Eurotop 300          Lattice Group will be added.  23 October 2000
                          P & O Princess Cruises will
                          be added.
                          
                          P & O will be deleted.
                          Freeserve will be deleted.
                          
                          BG will remain in the index.
                          
FTSE EuroMid              P & O will be added.          23 October 2000
                          Freeserve will be added.
FTSE 100                  P & O will be deleted.        23 October 2000
                          Freeserve (0476742) will be
                          deleted.
                          
                          P & O Princess Cruises will
                          be added.
                          Lattice Group will be added.
                          
                          BG Group will remain in the
                          index.
                          
FTSE CAP 100              P & O will be deleted.        23 October 2000
                          Freeserve (0476742) will be
                          deleted.
                          
                          P & O Princess Cruises will
                          be added.
                          Lattice Group will be added.
                          
                          BG Group will remain in the
                          index.
                          
FTSE 250                  P & O will be added.          23 October 2000
                          Freeserve will be added.      
                          
                          Eidos (0934897) will be
                          deleted.
                          Cedar Group (0181961) will
                          be deleted.
                          
FTSE All-Share            Lattice Group will be added.  23 October 2000
                          
                          P & O Princess Cruises will
                          be added.
                          
FTSE CAP All-Share        Lattice Group will be added.  23 October 2000
                          
                          P & O Princess Cruises will
                          be added.
                          
FTSE All-Share Ex-        Lattice Group will be added.  23 October 2000
Multinationals            
                          BG Group will be deleted.
                          
FTSE 350 - Lower Yield    Eidos will be deleted.        23 October 2000
                          
                          Cedar Group will be deleted.
                          
FTSE 350 - Higher Yield   Lattice Group will be added.  23 October 2000
                          
                          P & O Princess Cruises will
                          be added
                          
FTSE All-Small            Eidos will be added.          23 October 2000
                          
                          Cedar Group will be
                          
FTSE SmallCap             Eidos will be added.          23 October 2000
                          
                          Cedar Group will be added.
                          
                                                        


The classification of Lattice Group will be 730 (Gas Distribution).
The classification of BG Group will Change from change from 730 (Gas
Distribution) to 078 (Oil Integrated).
The classification of P & O Princess Cruises will be 538 (Leisure
Facilities)
The classification of P & O will remain unchanged at 590 (Transport)


For further information please contact Client Services on +44 (0) 20
7448 1810 and US: +(1) 212 771 6595
Or, email your enquiries to info@ftse.com and visit our website at
www.ftse.com



Close Enhanced (LSE:CED)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Close Enhanced Charts.
Close Enhanced (LSE:CED)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Close Enhanced Charts.