Dow Jones Indexes Builds Stronger Presence in Canada

NEWS RELEASE TRANSMITTED BY CCN NEWSWIRE - A SERVICE OF ITG

FOR:  DOW JONES INDEXES

JUNE 12, 2001 - 13:21 EDT

Dow Jones Indexes Builds Stronger Presence in Canada

NEW YORK, NEW YORK--Dow Jones Indexes recently opened an office in
Toronto, Canada with a new director of business development. 

Patrick McDonagh, 40, was a former manager of institutional 
development for the Toronto Stock Exchange. In his new role, Mr. 
McDonagh will promote and support existing Dow Jones Index 
products as well as develop new licensing opportunities in the 
Canadian market place. He will also be responsible for proactively
promoting Dow Jones Index product solutions to institutions and 
supporting market participants with market statistics and 
information. 

Prior to coming to Dow Jones, Mr. McDonagh spent six years at the 
Toronto Stock Exchange in the positions of manager institutional 
business development (equities) and manager index and derivative 
product development. He has also held positions at State Street 
Bank and Midland Walwyn Capital, now Merrill Lynch, and began his 
career as a retail stockbroker at Prudential Securities. 

Michael A. Petronella, managing director of Dow Jones Indexes, 
said, "Mr. McDonagh brings to Dow Jones Indexes strong existing 
relationships with Canadian institutions and dealers, as well as 
15 years of experience promoting equity products. His expertise in
the Canadian market will help to enhance the visibility of the Dow
Jones Canada 40 index, which is an ideal investable index for the 
Canadian marketplace." 

Mr. McDonagh said, "I was first drawn to Dow Jones based solely on
the credibility and reputation of the organization. The position 
of director of business development allows me to apply all my 
skills and experience to build a successful presence in Canada. 
This is akin to a franchise opportunity with one of the greatest 
brand names in the world." 

Dow Jones Indexes is a premier global provider of investable 
indexes, including the Dow Jones Averages, the Dow Jones Global 
Titans 50, the Dow Jones Asian Titans 50, the Dow Jones Sector 
Titans, the Dow Jones Global Indexes, the Pan-European Dow Jones 
STOXX Indexes, the Dow Jones U.K. Titans 50, the Dow Jones Canada 
40, the Dow Jones Japan 100, the Dow Jones Total Market Index 
Series, the Dow Jones REIT Indexes, the Dow Jones-AIG Commodity 
Index, the Dow Jones Islamic Market Indexes, the Dow Jones 
Internet Indexes and the Dow Jones Sustainability Group Indexes. 
Dow Jones Indexes is part of Dow Jones & Company, which publishes 
the world's most vital business and financial news and 
information. 

In addition to Dow Jones Indexes, Dow Jones & Company (NYSE:DJ; 
dj.com) publishes The Wall Street Journal and its international 
and online editions, Barron's and SmartMoney magazines and other 
periodicals, Dow Jones Newswires, Dow Jones Indexes, and the 
Ottaway group of community newspapers. Dow Jones is co-owner with 
Reuters Group PLC of Factiva and with NBC of the CNBC television 
operations in Asia and Europe. Dow Jones also provides news 
content to CNBC and radio stations in the U.S. 

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FOR FURTHER INFORMATION PLEASE CONTACT:

Dow Jones Indexes, New York

Sybille A. Reitz, Public Relations

(212) 416-2418

(212) 416-4502  (FAX)

Cell: (917) 603-6987

sybille.reitz@dowjones.com