Barclays Global Investors Canada Ltd. announced today the implications of recently announced changes to certain indexes for the following iShares funds.

As recently announced by Standard and Poor’s, effective December 15, the name of the index replicated by the iShares CDN Gold Sector Index Fund (XGD) will change to the S&P/TSXGlobal Gold Index. In addition to the index name change, S&P announced that it intends to significantly expand the coverage of the index by allowing the inclusion of non-Canadian securities.

As a result of these changes, the legal name of XGD will change to the iShares CDN S&P/TSX Global Gold Index Fund, although the short name of the fund will remain as the iShares CDN Gold Sector Index Fund. XGD’s investment objective will continue to be to replicate, to the extent possible, the performance of the S&P/TSX Global Gold Index, net of expenses, and it will revise its portfolio holdings to reflect the expanded coverage of the index when the announced changes occur.

As recently announced by the TSX Group Inc., the indexes replicated by the iShares fixed income funds (iShares CDN Bond Index Fund (XBB); iShares CDN Real Return Bond Index Fund (XRB); iShares CDN Short Bond Index Fund (XSB)) and previously provided by Scotia Capital Inc. have been purchased and will be managed by the TSX. The investment objective of each iShares fixed income fund will continue to be to replicate, to the extent possible, the performance of the relevant Scotia Index, net of expenses. Barclays Canada does not expect any significant changes to the portfolios of the iShares fixed income funds as a result of this change.

As at Sept. 30, 2006, Barclays Canada managed over $66 billion in Canadian assets and in other assets for Canadian clients, including over $13 billion in the TSX-listed iShares Funds.