STOXX® Dividend Points Calculation Guide

Version 1.1 · March 2010

1 OVERVIEW

With the STOXX Dividend Points (DVP), STOXX Ltd. provides additional dividend data linked to the STOXX Indices as an
underlying for derivative products.

The STOXX DVP data is calculated and disseminated by STOXX Ltd.

1.1 Basic Data

1.1.1 STOXX DVP
The amounts included for the purpose of data calculation would be:
the ordinary un-adjusted gross cash dividends (as determined by STOXX methodology)
of the individual constituent members of the respective STOXX Index and;
withholding taxes of special cash dividends and capital returns as applied to the individual constituent
members of the respective STOXX Index.

1.2 Historical Data

Historical data are available on a daily basis back to 31 December 2004.

1.3 Identifiers

Name ISIN Symbol

EURO STOXX 50 DVP CH0042346186 SX5ED
EURO STOXX Select Dividend 30 DVP CH0100566451 SD3ED

The S TOXX D ividend P oints ( DVP) i s t he i ntellectual p roperty o f S TOXX L imited a nd/or i ts l icensors. S TOXX® i s a r egistered t rademark o f S TOXX L imited.
A licence agreement is required to use indices and trademarks from STOXX for any commercial purpose, namely but not exclusively for arranging, marketing,
issuing, promoting financial products based on this product. Neither STOXX nor its licensors, sponsor or recommend the purchase of financial products based
on STOXX DVP. Neither STOXX nor its licensors make any warranty as to the accuracy and completeness of any such index or any information related to it, or, as
to the results to be obtained by any person or entity from the use of the STOXX DVP or any information related to it.

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2 CALCULATION

2.1 Dividend Amount Formula on a Calculation Day

Market capitalisation weighted

n
Dividend Amount, DAt =  dit ∙ sit ∙ ff it ∙ cf it ∙ Xit
i =1

Where:
t = Time the amount is computed
n = Number of companies in the index
i = Individual company being a constituent of the index
dit = Includes ordinary un-adjusted gross cash dividends and withholding tax amounts applied to special cash
dividends and capital returns (d) in respect of each share of company (i) which is a constituent of the index
at day (t) being an ex-dividend date as appropriate, or zero if no amount is applicable
sit = Number of shares outstanding in company (i) at time (t)
ff it = Free float factor of company (i) at time (t)
cf it = Weighting cap factor of company (i) at time (t)
Xit = Exchange rate from local currency into EUR for company (i) at time (t)

Price weighted

n
Dividend Amount, DAt =  dit ∙ wf it ∙ cf it ∙ Xit
i =1

Where:
t = Time the amount is computed
n = Number of companies in the index
i = Individual company being a constituent of the index
dit = Includes ordinary un-adjusted gross cash dividends and withholding tax amounts applied to special cash
dividends and capital returns (d) in respect of each share of company (i) which is a constituent of the index
at day (t) being an ex-dividend date as appropriate, or zero if no amount is applicable
wf it = Weighting factor of company (i) at time (t)
cf it = Weighting cap factor of company (i) at time (t)
Xit = Exchange rate from local currency into EUR for company (i) at time (t)

2.2 STOXX DVP on a Calculation Day

STOXX DVP is calculated as follows:

DAt
STOXX Dividend Points, DP t =
Dt

Where:
t = Time the value is computed
DAt = Dividend Amount at time t
Dt = Divisor of the Price Index at time t

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2 CALCULATION

2.3 Calculation of the STOXX DVP on an Ongoing Basis

For the calculation of the STOXX DVP the ongoing value will be the summation of the STOXX Dividend Points at time (t), (DPt)
excluding the third Friday in December and including the third Friday in December of the settlement year. I.e.: DVPt = DVPt–1 + DPt

2.4 Computational Accuracy

The STOXX DVP is published as figures rounded to two decimal places. All relevant parameters for the calculation of the
STOXX Indices are described in the STOXX Index Guide as available on www.stoxx.com.

2.5 Dissemination Days

The STOXX DVP is calculated on an end-of-day basis and disseminated per STOXX dissemination calendar.

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