Peter Reitz named Executive Director, Research & Development Of Dow Jones Indexes; Leading Index Provider Strengthens Global Strategy

Business Wire, June 13, 2000

Business Editors

NEW YORK/PRINCETON, N.J.--(BUSINESS WIRE)--June 13, 2000

Dow Jones Indexes announced the appointment of Peter Reitz as Executive Director Research and Development. His responsibilities include creating, developing and supporting indexes that will be licensed globally by Dow Jones Indexes. He also will take a leading role in identifying new business opportunities for the Dow Jones Indexes group. One of his first moves is to establish index development teams in Europe and the Asian/Pacific region to support customers during their regular business hours.

Mr. Reitz, 34, had been vice president of information products design for the Deutsche Boerse AG in Frankfurt. After studying mathematics and economics at the Technical University of Brunswick, Germany, he joined the bourse in 1991 as a junior product manager for indexes, became head of its index group in 1994 and was named head of product development in 1997. He was named a member of Deutsche Boerse group management in 1998.

He played an integral role in the development of the pan-european Dow Jones STOXX Index family and became the first chairman of the supervisory board of STOXX Ltd., the joint venture of Deutsche Boerse, the Swiss Exchange, SBF-Bourse de Paris and Dow Jones.

"We are delighted to have Peter Reitz as a member of our index team. His nine years of index experience, his keen business sense and his understanding of international markets are invaluable as Dow Jones Indexes furthers its global strategy," said Michael A. Petronella, Managing Director of Dow Jones Indexes.

Mr. Reitz said, "I am convinced that index-related global investing is fast becoming a worldwide trend, and I am excited to be a key member of Dow Jones Indexes, the leading international index provider, which is committed to being a global player."

Dow Jones Indexes is a premier global provider of investable indexes, including the Dow Jones Averages, the Dow Jones Global Titans Index, the Dow Jones Total Market Index Series, the Dow Jones Global Indexes, the pan-European Dow Jones STOXX Indexes, the Dow Jones REIT Indexes, the Dow Jones-AIG Commodity Index, the Dow Jones Islamic Market Indexes, the Dow Jones Internet Indexes, the Dow Jones Extra Liquid Series 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; www.dj.com) publishes The Wall Street Journal and its international and interactive editions, Barron's and SmartMoney magazines and other periodicals, the Dow Jones Newswires, dowjones.com, and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group of Factiva, with Excite@Home of Work.com and with NBC of the CNBC television operations in Europe and Asia. Dow Jones also provides news content to CNBC in the U.S.

You will find a photo of Peter Reitz under press release on our homepage at http://indexes.dowjones.com.