The CFG 25 Index consists of 25 stocks listed on the Casablanca Stock Exchange and 84% of the total market capitalization of all the companies listed on the Casablanca Stock Exchange. The stocks selected are included in the top 35 market capitalizations and the top 30 most liquid stocks during the last 12 months. The stocks selected closely represent the various industries of all listed Moroccan companies and this leads to a good correlation between the CFG 25 and the General Index of the Casablanca Stock Exchange. Monthly computed data since 1987 shows a correlation coefficient of 0.975. The CFG 25 is a price- only market capitalization weighted index, calculated in Dirham. For more information please contact CFG GROUP on: Tel. 212-2-25-01-01 or fax 212-2-98-11-12. Broker Code: CFGO.