Markit Rolls Out Markit CDX Indices

Markit, a financial information services company and owner of the Markit CDX indices, will roll Markit CDX North America Investment Grade, Markit CDX North America High Volatility and Markit CDX North America Crossover indices into their eleventh series on 29 September 2008. The Markit CDX Emerging Markets index will roll into its tenth series and the Markit CDX Emerging Markets Diversified index will roll into its eighth series on 29 September 2008.

The Markit MCDX index will roll into its eleventh series on 3 October 2008 and the Markit CDX North America High Yield index will roll into its eleventh series on 6 October 2008.

Based on liquidity polls, the following changes have been made to the Markit CDX family of indices: ten constituents were replaced in the Markit CDX North America Investment Grade index; eight constituents were replaced in the Markit CDX North America High Volatility index; three constituents were replaced in the Markit CDX North America Crossover index; five constituents were replaced in the Markit CDX North America High Yield index; there have been no changes to the composition of the Markit CDX Emerging Markets or the Markit CDX Emerging Markets Diversified indices; there have been no changes to the composition of the Markit MCDX index.