RNS Number:2367L
FTSE
25 May 2000


                CGU PLC and Norwich Union PLC: Merger
                       Changes in FTSE Indexes


Subject to the Scheme of Arrangement becoming effective on Tuesday 30
May 2000, whereby CGU PLC merges with Norwich Union PLC to form CGNU
PLC, FTSE announces the following changes:


INDEX                     CHANGE                        EFFECTIVE FROM
                                                        START OF TRADING
                                                        ON:
                                                        
FTSE World Index          Norwich Union (0040932) will  30 May 2000
                          be deleted.
                          
                          CGU (0216238) will change
                          its name to CGNU and remain
                          in the index and increase
                          its shares in issue by 930.0
                          million to a total of 2245.0
                          million.
                          
FTSE Multinationals       CGU will be deleted.          30 May 2000
                          
FTSE World Index Ex-      Norwich Union will be         30 May 2000
Multinationals            deleted.
                          CGNU will be added with a
                          share total as above.
                          
FTSE Eurotop 300          Norwich Union will be         30 May 2000
                          replaced by Bankgesellschaft
                          Berlin (5107854).
                          
                          CGU will change its name to
                          CGNU and remain in the index
                          with an increased share
                          total as above.
                          
FTSE EuroMid              Bankgesellschaft Berlin will  30 May 2000
                          be deleted.
                          
FTSE 100                  Norwich Union PLC will be     30 May 2000
FTSE CAP 100              replaced by Associated
                          British Foods (0673123).
                          
                          CGU will change its name to
                          CGNU and remain in the index
                          with an increased share
                          total as above.
                          

FTSE 250                  Associated British Foods      30 May 2000
                          will be replaced by Spring
                          Group (0815204).
                          
FTSE All-Share            Norwich Union will be         30 May 2000
FTSE CAP All-Share        deleted.
                          
                          CGU will change its name to
                          CGNU and remain in the index
                          with an increased share
                          total as above.
                          
FTSE All-Share Ex-        Norwich Union will be         30 May 2000
Multinationals            deleted.
                          CGNU will be added with a
                          share total as above.
                          
FTSE 350 High Yield       Norwich Union will be         30 May 2000
                          deleted.
                          
FTSE 350 Low Yield        Spring Group will be added.   30 May 2000
                          
FTSE All-Small            Spring Group will be          30 May 2000
FTSE SmallCap             deleted.


Please Note: With effect from 30 May 2000, the FTSE Industry
Classification of CGNU PLC will be 840 (Life Assurance).


Notes for Editors:

Background to FTSE:

FTSE  is  one  of  the  world's leading experts in  the  creation  and
management of equity indexes and is jointly owned by the London  Stock
Exchange and the Financial Times. With offices in London, New York and
Paris,  FTSE services clients in 77 countries worldwide.   It  manages
and  develops globally recognised indexes ranging from the FTSE  World
Index  to  the  real time FTSE Eurotop series and the  FTSE  100.  The
company  has  collaborative arrangements with the  London,  Amsterdam,
Brussels,  Norex,  Athens, Luxembourg and Madrid stock  exchanges,  as
well as with Nikkei of Japan (Nihon Keizai Shimbun, Inc).
     
FTSE  indexes  are  used  extensively  by  investors  world-wide   for
investment analysis, performance measurement, asset allocation and for
creating  a wide range of index tracking funds. Committees  of  senior
fund   managers,   derivatives  experts,  actuaries  and   experienced
practitioners independently review all changes to the indexes ensuring
that they are accurate, timely and without bias.

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


END

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