IDFC

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India and Hong Kong; September 15, 2011

Two New Indian Companies Join FTSE IDFC India Infrastructure 30 Index - following 2011 Semi-Annual Review

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India and Hong Kong, September 15, 2011: FTSE Group (“FTSE”), the award-winning global index provider, and Infrastructure Development Finance Company Limited (“IDFC”) today announced that Engineers India Limited and Fortis Healthcare India Limited will replace Jaiprakash Hydro Power Limited and Torrent Power Limited in the FTSE IDFC India Infrastructure 30 Index, following the semi-annual review of the FTSE IDFC India Infrastructure Index Series today.

The rapid growth of the Indian economy has stimulated both domestic and global investor interest in the Indian infrastructure sector. Created in 2007, the FTSE IDFC India Infrastructure Index Series provides unique access to the infrastructure-related subsectors of the Indian market and is designed to represent the performance of those Indian companies that generate the majority of their revenue from infrastructure.

The five largest constituents of the index include:

Rank

Constituent
Name

ICB Supersector

Net Market
Cap

(USDm)

Weighting

1

Bharti  Airtel

Telecommunications

5,536.29

13.12%

2

Larsen & Toubro

Construction & Materials

4,651.13

11.02%

3

NTPC

Utilities

4,245.85

10.06%

4

Bharat Heavy Elect. LS

Industrial Goods & Services

4,000.93

9.48%

5

Power Grid Corp of India

Utilities

3,037.41

7.20%

 

Total

 

21,471.61

50.87%

Source: FTSE Group, data as at 30 August 2011

The FTSE IDFC India Infrastructure Index Series utilises the definitive global classification standard – Industry Classification Benchmark (ICB) – to accurately classify Indian infrastructure securities. The transparent and comprehensive classification system enables categorisation of individual securities across four levels of granularity; Industry, Supersectors, Sectors and Subsectors and covers a universe of 75,000 stocks across 73 countries, including India, in one single data source.

The series  is reviewed semi-annually in accordance with the index ground rules which ensure both the tradable FTSE IDFC India Infrastructure 30 Index and the benchmark version (FTSE IDFC India Infrastructure Index)  continue to accurately represent the investable universe for the basis of index-linked products, such as funds, structured products and Exchange Traded Funds (ETFs)

All constituent changes take effect at the start of business on 19 September 2011and the next review will take place on 9 March 2012.

For more information about the FTSE IDFC India Infrastructure Index Series, including performance, constituent and sector data, please visit: http://www.ftse.com/Indices/FTSE_IDFC_India_Infrastructure_Index_Series/index.jsp


For further information:

FTSE Group
Emily Mok

Tel: + 852 2164 3333
Fax: + 852 2164 320294

Email: media@ftse.com

Infrastructure Development Finance Company
Arun Raste
Tel: +91 22 42222019
Fax: +91 22 26523194

Email: arun.raste@idfc.com

If you are not a member of the press, please contact your local Client Services team.


About FTSE Group

FTSE Group (FTSE) is the world-leader in the creation and management of index solutions. FTSE calculates over 150,000 indices daily across a range of asset classes, on both a standard and custom basis. FTSE indices are used extensively by investors worldwide for investment analysis, performance measurement, asset allocation, portfolio hedging and the creation of a wide range of index derivatives, funds, Exchange Traded Funds (ETFs), and other structured products.

FTSE has built an enviable reputation for the reliability and accuracy of our indices and related data services. FTSE has a long tradition of listening and responding to the market so that it is at the forefront of developing new approaches to index design, many of which are now accepted as the market standard. FTSE prides itself in continuing to invest significant resource in researching and developing new index solutions.

The foundation for FTSE’s global, regional, country and sector indices is the FTSE Global Equity Universe, which covers over 8,000 securities in 48 different countries and captures 98% of the world’s investable market capitalization. FTSE’s flagship global benchmark, the FTSE All-World, is used by investors worldwide to structure and benchmark their international equity portfolios.

Exchanges around the world have chosen FTSE to calculate their domestic indices. These include ATHEX, Bolsas y Mercados Españoles, Borsa Italiana, Bursa Malaysia, Casablanca SE, Cyprus Stock Exchange, IDX, JSE, LSE, NASDAQ Dubai, NYSE Euronext, PSE, SGX, Stock Exchange of Thailand and TWSE. In addition, FTSE works with a variety of companies and associations to deliver innovative index solutions which provide the market with fresh opportunities.

For more information visit www.ftse.com


About Infrastructure Development Finance Company

IDFC was established in 1997 as a private sector enterprise by a consortium of public and private investors. Its expertise in the infrastructure sector and strong relationships with government and infrastructure sponsors provides it with a platform for facilitating private investment and public-private partnerships in infrastructure projects in sectors where market structures, government policy and regulation are evolving.

The mission is to be the financier and advisor of choice for infrastructure projects in India. IDFC is focused on enhancing shareholder value through pursuing strategies that enhance its profitability, return on assets and return on equity.

Today IDFC is already the single largest debt & equity financier of privately sponsored infrastructure in the country having a balance sheet of US$ 10.7 billion.

Going forward, our business strategy is to be “India’s Specialist Infrastructure Institution” with an infrastructure focused project finance, investment banking and asset management franchise.