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DowDuPont Set to Join Dow Jones Industrial Average

NEW YORK, Aug. 24, 2017 /PRNewswire/ -- DowDuPont Inc. (NYSE: DWDP) will replace E. I. du Pont de Nemours and Co. (NYSE: DD) in the Dow Jones Industrial Average (DJIA) effective prior to the open of trading on Friday, September 1. The index change was prompted by the merger of The Dow Chemical Company and du Pont into one company which is effective on the same date. Replacing du Pont with the new DowDuPont allows the Dow Jones Industrial Average to maintain its exposure to the Materials sector.

DowDuPont, which will have dual headquarters in Midland, Michigan, and Wilmington, Delaware, manufactures and supplies products that are used as raw materials in the manufacture of customer's products and services.

The change won't cause any disruption in the level of the index. The divisor used to calculate the index from the component's prices on their respective home exchanges will be changed prior to the opening on September 1. This procedure prevents any distortion in the index's reflection of the portion of the U.S. stock market it is designed to measure.

For more information, please visit http://www.djaverages.com. The Dow Jones Industrial Average and Dow Jones Composite Average also are members of the Dow Jones Averages family.

Following is a summary of the change:

DOW JONES INDUSTRIAL AVERAGE- September 1, 2017


COMPANY

GICS ECONOMIC SECTOR

GICS INDUSTRY GROUP

ADDED

DowDuPont

Materials

Diversified Chemicals

DELETED

du Pont

Materials

Diversified Chemicals

For more information about S&P Dow Jones Indices, please visit www.spdji.com

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 39077
david.blitzer@spglobal.com

Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spglobal.com

Luke Shane
North America Communications
New York, USA
(+1) 212 438 8184
luke.shane@spglobal.com

Haw-Yan Man
EMEA Communications
London, UK
(+44) 207 176 3023
haw-yan.man@spglobal.com

Cecilia Ho
Asia Pacific Communications
Hong Kong, HK
(+852) 2532 8061
cecilia.ho@spglobal.com

View original content:http://www.prnewswire.com/news-releases/dowdupont-set-to-join-dow-jones-industrial-average-300509503.html

SOURCE S&P Dow Jones Indices

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