CORRECTING and REPLACING BarraOne Selected by Two of Australia’s Largest Super Funds

  CORRECTING and REPLACING BarraOne Selected by Two of Australia’s Largest
  Super Funds

               Cbus & HESTA Choose BarraOne for Risk Management

CORRECTION…by MSCI Inc.

Business Wire

SYDNEY -- October 30, 2013

The second and third paragraphs of this release have been replaced.

The corrected release reads:

         BARRAONE SELECTED BY TWO OF AUSTRALIA’S LARGEST SUPER FUNDS

               Cbus & HESTA Choose BarraOne for Risk Management

MSCI Inc. (NYSE:MSCI), a leading provider of investment decision support tools
worldwide, announced today that two of Australia’s largest superannuation
funds, Construction and Building Unions Super (Cbus) and Health Employees
Superannuation Trust (HESTA), have selected BarraOne, MSCI’s multi-asset class
risk management and performance attribution platform, to help improve their
respective investment processes.

“As the unlisted component of the Cbus portfolio is a material portion of the
Fund, the integration of IPD data with Barra’s real estate models, and the
ongoing research into the key drivers of investment risks in infrastructure,
private equity and hedge funds were important factors in Cbus’ decision to
select MSCI,” said Trish Donohue, Executive Manager of Investment Management
for Cbus.

Rob Fowler, Executive Manager – Investments and Governance at HESTA, said,
“MSCI’s strong organisational governance and proven track record of successful
implementations in both Australia and the region made them the right choice as
a long-term partner. BarraOne gives us deeper visibility into the risk/return
profile of our investments, and will be used in our dynamic asset allocation
process, as well as manager selection and monitoring.”

Cbus and HESTAwill use BarraOne as a platform for risk management and asset
allocation decisions, to conduct performance analysis and to satisfy The
Australian Prudential Regulation Authority (APRA) reporting
requirements.BarraOne provides integrated risk and performance analytics with
global, multi-asset class coverage for public and private asset portfolios and
has been widely adopted by leading asset owners.

Michael Anderson, Executive Director and Head of MSCI Australia, said, “The
continued adoption of BarraOne by some of the largest fund managers in
Australia reinforces the value of MSCI’s risk tools and the strong demand from
institutional investors for our products and services as the profile of risk
management continues to rise. We look forward to working with Cbus and HESTA,
two of Australia’s largest and most influential super funds, as they further
develop their risk management processes.”

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 7.5 trillion estimated to be benchmarked to them on a
worldwide basis^1; Barra multi-asset class factor models, portfolio risk and
performance analytics; RiskMetrics multi-asset class market and credit risk
analytics; IPD real estate information, indices and analytics; MSCI ESG
(environmental, social and governance) Research screening, analysis and
ratings; ISS corporate governance research, data and outsourced proxy voting
and reporting services; and FEA valuation models and risk management software
for the energy and commodities markets. MSCI is headquartered in New York,
with research and commercial offices around the world.

^1As of March 31, 2013, as reported on July 31, 2013 by eVestment, Lipper and
Bloomberg

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