MSCI and IPD Confirm Advanced Discussions Regarding MSCI's Potential Acquisition of IPD

  MSCI and IPD Confirm Advanced Discussions Regarding MSCI's Potential
  Acquisition of IPD

Business Wire

LONDON -- October 03, 2012

MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support
tools worldwide, and IPD Group Limited (“IPD”) confirmed today that they are
engaged in exclusive advanced discussions regarding MSCI's potential
acquisition of IPD.

There can be no assurances that any agreement will be reached or that a
transaction will be completed.

We will have no further comment until an agreement is reached or the
discussions are terminated.

                                    -Ends-

About MSCI

MSCI Inc. is a leading provider of investment decision support tools to
investors globally, including asset managers, banks, hedge funds and pension
funds. MSCI products and services include indices, portfolio risk and
performance analytics, and governance tools.

The company’s flagship product offerings are: the MSCI indices with
approximately USD 7 trillion estimated to be benchmarked to them on a
worldwide basis1; Barra multi-asset class factor models, portfolio risk and
performance analytics; RiskMetrics multi-asset class market and credit risk
analytics; MSCI ESG (environmental, social and governance) Research screening,
analysis and ratings; ISS governance research and outsourced proxy voting and
reporting services; FEA valuation models and risk management software for the
energy and commodities markets; and CFRA forensic accounting risk research,
legal/regulatory risk assessment, and due‐diligence. MSCI is headquartered in
New York, with research and commercial offices around the world. MSCI#IR

^1As of June 30, 2011, based on eVestment, Lipper and Bloomberg data.

For further information on MSCI, please visit our web site at www.msci.com

About IPD

IPD is dedicated to the objective measurement of the commercial real estate
market. It is the world’s number one provider of real estate performance
analysis for funds, investors, managers and occupiers. IPD offers a range of
services that include research, reporting, benchmarking, conferences and
indices. IPD’s indices are the basis for the developing commercial property
derivatives market.

IPD operates in over 30 countries including most of Europe, the US, Canada,
South Africa, Australia and Asia including Japan. Its databases hold details
of 60,000 individual assets valued close to $2 trillion. IPD had revenues of
approximately £30.5 million for the twelve month period ending June 30, 2012.

IPD has approximately 325 employees and is headquartered in London, with
offices around the world.

For further information on IPD, please visit www.ipd.com

This document and all of the information contained in it, including without
limitation all text, data, graphs, charts (collectively, the “Information”) is
the property of MSCI Inc. or its subsidiaries (collectively, “MSCI”), or
MSCI’s licensors, direct or indirect suppliers or any third party involved in
making or compiling any Information (collectively, with MSCI, the “Information
Providers”) and is provided for informational purposes only. The Information
may not be reproduced or redisseminated in whole or in part without prior
written permission from MSCI.

The Information may not be used to create derivative works or to verify or
correct other data or information. For example (but without limitation), the
Information many not be used to create indices, databases, risk models,
analytics, software, or in connection with the issuing, offering, sponsoring,
managing or marketing of any securities, portfolios, financial products or
other investment vehicles utilizing or based on, linked to, tracking or
otherwise derived from the Information or any other MSCI data, information,
products or services.

The user of the Information assumes the entire risk of any use it may make or
permit to be made of the Information. NONE OF THE INFORMATION PROVIDERS MAKES
ANY EXPRESS OR IMPLIED WARRANTIES OR REPRESENTATIONS WITH RESPECT TO THE
INFORMATION (OR THE RESULTS TO BE OBTAINED BY THE USE THEREOF), AND TO THE
MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, EACH INFORMATION PROVIDER
EXPRESSLY DISCLAIMS ALL IMPLIED WARRANTIES (INCLUDING, WITHOUT LIMITATION, ANY
IMPLIED WARRANTIES OF ORIGINALITY, ACCURACY, TIMELINESS, NON-INFRINGEMENT,
COMPLETENESS, MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE) WITH
RESPECT TO ANY OF THE INFORMATION.

Without limiting any of the foregoing and to the maximum extent permitted by
applicable law, in no event shall any Information Provider have any liability
regarding any of the Information for any direct, indirect, special, punitive,
consequential (including lost profits) or any other damages even if notified
of the possibility of such damages. The foregoing shall not exclude or limit
any liability that may not by applicable law be excluded or limited, including
without limitation (as applicable), any liability for death or personal injury
to the extent that such injury results from the negligence or wilful default
of itself, its servants, agents or sub-contractors.

Information containing any historical information, data or analysis should not
be taken as an indication or guarantee of any future performance, analysis,
forecast or prediction. Past performance does not guarantee future results.

None of the Information constitutes an offer to sell (or a solicitation of an
offer to buy), any security, financial product or other investment vehicle or
any trading strategy.

MSCI’s indirect wholly-owned subsidiary Institutional Shareholder Services,
Inc. (“ISS”) is a Registered Investment Adviser under the Investment Advisers
Act of 1940. Except with respect to any applicable products or services from
ISS (including applicable products or services from MSCI ESG Research
Information, which are provided by ISS), none of MSCI’s products or services
recommends, endorses, approves or otherwise expresses any opinion regarding
any issuer, securities, financial products or instruments or trading
strategies and none of MSCI’s products or services is intended to constitute
investment advice or a recommendation to make (or refrain from making) any
kind of investment decision and may not be relied on as such.

The MSCI ESG Indices use ratings and other data, analysis and information from
MSCI ESG Research. MSCI ESG Research is produced by ISS or its subsidiaries.
Issuers mentioned or included in any MSCI ESG Research materials may be a
client of MSCI, ISS, or another MSCI subsidiary, or the parent of, or
affiliated with, a client of MSCI, ISS, or another MSCI subsidiary, including
ISS Corporate Services, Inc., which provides tools and services to issuers.
MSCI ESG Research materials, including materials utilized in any MSCI ESG
Indices or other products, have not been submitted to, nor received approval
from, the United States Securities and Exchange Commission or any other
regulatory body.

Any use of or access to products, services or information of MSCI requires a
license from MSCI. MSCI, Barra, RiskMetrics, ISS, CFRA, FEA, and other MSCI
brands and product names are the trademarks, service marks, or registered
trademarks of MSCI or its subsidiaries in the United States and other
jurisdictions. The Global Industry Classification Standard (GICS) was
developed by and is the exclusive property of MSCI and Standard & Poor’s.
“Global Industry Classification Standard (GICS)” is a service mark of MSCI and
Standard & Poor’s.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. These statements relate
to future events or to future financial performance and involve known and
unknown risks, uncertainties and other factors that may cause our actual
results, levels of activity, performance, or achievements to be materially
different from any future results, levels of activity, performance, or
achievements expressed or implied by these forward-looking statements. In some
cases, you can identify forward-looking statements by the use of words such as
"may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe,"
"estimate," "predict," "potential," or "continue", or the negative of these
terms or other comparable terminology. You should not place undue reliance on
forward-looking statements because they involve known and unknown risks,
uncertainties and other factors that are, in some cases, beyond our control
and that could materially affect actual results, levels of activity,
performance, or achievements. Other factors that could materially affect
actual results, levels of activity, performance or achievements can be found
in MSCI's Annual Report on Form 10-K for the fiscal year ended December 31,
2011 and filed with the Securities and Exchange Commission (SEC) on February
29, 2012, and in quarterly reports on Form 10-Q and current reports on Form
8-K filed with the SEC. If any of these risks or uncertainties materialize, or
if our underlying assumptions prove to be incorrect, actual results may vary
significantly from what we projected. Any forward-looking statement in this
release reflects our current views with respect to future events and is
subject to these and other risks, uncertainties and assumptions relating to
our operations, results of operations, growth strategy and liquidity. We
assume no obligation to publicly update or revise these forward-looking
statements for any reason, whether as a result of new information, future
events, or otherwise

Contact:

MSCI Inc. Contact:
Edings Thibault, New York + 1.212.804.5273
or
Media Enquiries
MSCI
Jo Morgan, London + 44.20.7618.2224
or
IPD
Christina Cudworth, London + 44.20.7336.9312
or
MHP Communications
Sally Todd | Jennifer Spivey, London + 44.20.3128.8100
or
Abernathy MacGregor
Patrick Clifford | Nick Connors, New York + 1.212.371.5999
 
Press spacebar to pause and continue. Press esc to stop.