Xact offers second ETF domiciled in Sweden

Xact has launched its second Exchange Traded Fund. Listed at the Stockholm Stock Exchange and offers a more diversified exposure to the Swedish equity market than does XACT OMX. The new ETF tracks the Stockholmborsen Benchmark index, a price index which includes the 80-100 most traded shares. The fund will be available from 2 June 2003 and will trade in Swedish Krona.