Quarterly IPO additions Enhancing market representation year round In addition to Russell's annual reconstitution, Initial Public Offerings are added to Russell indexes at the end of each calendar quarter. Russell's complete reconstitution is designed to ensure that the Russell indexes truly represent the market. We have determined annual frequency is the best balance between market representation and turnover costs. Adding IPOs quarterly, in addition to reconstitution, leads to an enhanced market representation without significant turnover. IPO additions: 1st quarter 2008 final (all links are PDFs) Russell 3000® Index Russell 2000® Index Russell Microcap® Index The Russell 1000® Index had no IPOs this quarter. IPO additions: 4th quarter 2007 Russell 3000® Index Russell 1000® Index Russell 2000® Index Russell Microcap® Index IPO additions: 3rd quarter 2007 Russell 3000® Index Russell 1000® Index Russell 2000® Index Russell Microcap® Index IPO additions: 1st quarter 2007 Russell 3000® Index Russell 2000® Index Russell Microcap® Index The Russell 1000® Index had no IPOs this quarter. IPO additions calendar Quarterly additions   3rd quarter additions   4th quarter additions   1st quarter additions Initial offering period   IPOs which initially price/trade between 6/1-8/31   IPOs which initially price/trade between 9/1-11/30   IPOs which initially price/trade between 12/1-2/28 Rank date   August 31   November 30   February 28/29 Announce date   September 15   Monday prior to add date   March 15 Add date   September 30*   3rd Friday of December   March 31* *Or last business day of the month			Russell U.S. Indexes Construction & Methodology Annual reconstitution   Russell beyond the indexes Learn what Russell can offer you, whether an investor or a financial professional   Subscribe to index data Get more in-depth index data by subscription

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