How FTSE classifies countries

HOW FTSE CLASSIFIES COUNTRIES FTSE ANALYSES EACH MARKET MARKET AND REGULATORY DEALING ENVIRONMENT LANDSCAPE CUSTODY AND SETTLEMENT DERIVATIVES SIZE OF MARKET FTSE FISE FISE FISE FTSE FTSE A USTRALIA POLAND GREECE PERU FTSE ROcco RGENTINA MONGOLIA KAZAKHSTAN SOUTH AFRICA FTSE GRADES EACH COUNTRY* FTSE MARKET SIZE PASS CUSTODY HUNGARY SETTLEMENT PASS MARKET SIZE RUSSIA CUSTODY AND NOT MET SETTLEMENT MARKET SIZE PASS CUSTODY AND POLAND SETTLEMENT RESTRICTED 3. FTSE CLASSIFIES EACH COUNTRY SOUTH KOREA CHINA MEXICO KENYA ADVANCED EMERGING DEVELOPED SECONDARY EMERGING FRONTIER 4 FTSE REVIEWS TWICE A YEAR 2% BELGIUM FTSE * THE CRITERIA SHOWN ARE NOT COMPREHENSIVE AND ARE FOR ILLUSTRATIVE PURPOSES ONLY. FOR FULL DETAILS OF THE FTSE QUALITY OF MARKETS ASSESSMENT MATRIX, AND FOR MORE DETAIL ON FTSE'S COUNTRY CLASSIFICATION PROCESS, PLEASE VISIT WWW.FTSE.COM