SOURCE: Barclays Global Investors

March 28, 2008 09:35 ET

Barclays Global Investors Announces the Trading of Five New Global and Emerging Markets iShares Exchange Traded Funds

iShares Introduces First ETFs to Cover Israel, Thailand and Turkey

SAN FRANCISCO, CA--(Marketwire - March 28, 2008) - Barclays Global Investors (BGI) announced today the launch of five new iShares international exchange traded funds (ETFs). The iShares MSCI ACWI (All Country World Index) and MSCI ACWI ex US Index Funds provide broad global exposure with benchmarks that are widely used and highly regarded by institutional investors. The iShares MSCI Israel, Thailand and Turkey index funds are the first ETFs to cover those markets. With these new funds, iShares has the largest international ETF offering with over 60 global, international and emerging market ETFs.

                                                          Listing  Expense
Fund and Ticker                                           Exchange  Ratio
                                                          -------- --------
iShares MSCI ACWI Index Fund (ACWI)                         NASDAQ   35 bps
                                                          -------- --------
iShares MSCI ACWI ex US Index Fund (ACWX)                   NASDAQ   35 bps
                                                          -------- --------
iShares MSCI Israel Capped Investable Market Index Fund
 (EIS)                                                    NYSEArca   74 bps
                                                          -------- --------
iShares MSCI Turkey Investable Market Index Fund (TUR)    NYSEArca   74 bps
                                                          -------- --------
iShares MSCI Thailand Investable Market Index Fund (THD)  NYSEArca   74 bps
                                                          -------- --------

"While international investing has become nearly commonplace, many U.S. investors remain heavily weighted in domestic securities," said Noel Archard, Head of U.S. iShares Product Development. "Non-U.S. markets account for approximately 57% of the world's equity market capitalization and performance of these markets continues to differ from the U.S. market."

Archard added, "These new ETFs will help investors who wish to access both broad or narrow exposures to global equities do so in one cost-efficient trade. Investing in emerging market countries offers investors attractive diversification benefits relative to single stock investments, and our new ACWI-based offering will nicely round out the excellent coverage we provide across broad-based international investments."

Advisors can visit to learn more about all iShares international ETFs and use the International Exposure Tool to evaluate country and sector exposures in individual ETFs or across a portfolio. The tool is designed to increase transparency in international investing and model alternative portfolio allocations to more precisely align with investor goals.

The iShares Funds are index funds that are bought and sold like common stocks on securities exchanges. The iShares Funds are attractive to many individual and institutional investors and financial intermediaries because of their relative low cost, tax efficiency and trading flexibility. Investors can purchase and sell shares through any brokerage firm, financial advisor, or online broker, and hold the funds in any type of brokerage account.

Carefully consider the funds' investment objectives, risk factors and charges and expenses before investing. This and other information can be found in the funds' prospectuses, which may be obtained by calling 1-800-iShares or by visiting Read the prospectus carefully before investing.

Barclays Global Investors is one of the world's largest asset managers and a leading global provider of investment management products and services. It has over 2,900 institutional clients and over $2.0 trillion of assets under management. It transformed the investment industry by creating the first index strategy in 1971 and the first quantitative active strategy in 1979. BGI is the global product leader in exchange traded funds (iShares) with over 320 funds for institutions and individuals globally.

Investing involves risks, including possible loss of principal. Diversification may not protect against market risk. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Securities focusing on a single country may be subject to higher volatility.

The iShares Funds are not sponsored, endorsed, issued, sold or promoted by MSCI Inc., nor does this company make any representation regarding the advisability of investing in the Funds. Neither SEI nor BGI, nor any of their affiliates, are affiliated with MSCI.

The iShares Funds ("Funds") are distributed by SEI Investments Distribution Co. (SEI). Barclays Global Fund Advisors (BGFA) serves as an advisor to the Funds. BGFA is a subsidiary of Barclays Global Investors, N.A., a majority-owned subsidiary of Barclays Bank PLC, none of which is affiliated with SEI.

©2008 Barclays Global Investors, N.A. All rights reserved. iShares® is a registered trademark of Barclays Global Investors, N.A. All other trademarks, servicemarks or registered trademarks are the property of their respective owners.