BGI Announces iShares Year-End Income and Cap Gains Distributions By IndexFunds.com Staff December 18, 2000

Listed below are the final classifications of income and capital gains for several domestic iShares exchange-traded funds (ETFs), as released today by Barclays Global Investors (BGI).

Fund Name	Ticker	Income distribution per share	Short-term cap gain per share	Total distribution per share
iShares S&P 100 Index Fund	OEF	$0.147886	-	$0.147886
iShares S&P MdCap 400 Index Fund	IJH	$0.201322	$0.298557	$0.499879
iShares S&P MdCap 400/ BARRA Growth Index Fund	IJK	-	$0.468496	$0.468496
iShares S&P MdCap 400/ BARRA Value Index Fund	IJJ	$0.251242	$0.144222	$0.395464
iShares S&P 500 Index Fund	IVV	$0.369784	$0.069180	$0.438964
iShares S&P 500/ BARRA Growth Index Fund	IVW	$0.066774	$0.112393	$0.179167
iShares S&P 500/ BARRA Value Index Fund	IVE	$0.183664	$0.147198	$0.330862
iShares S&P SmallCap 600 Index Fund	IJR	$0.093465	$1.123145	$1.216610
iShares S&P SmallCap 600/ BARRA Growth Index Fund	IJT	-	$0.617004	$0.617004
iShares S&P SmallCap 600/ BARRA Value Index Fund	IJS	$0.141736	$0.343004	$0.484740
iShares S&P/TSE 60 Index Fund	IKC	$0.108513	$0.475380	$0.583893
iShares S&P Europe 350 Index Fund	IEV	$0.009230	-	$0.009230
iShares Russell 1000 Index Fund	IWB	$0.201633	$0.001385	$0.203018
iShares Russell 1000 Growth Index Fund	IWF	$0.033978	$0.112651	$0.146629
iShares Russell 1000 Value Index Fund	IWD	$0.185506	-	$0.185506
iShares Russell 2000 Index Fund	IWM	$0.268596	$0.164710	$0.433306
iShares Russell 2000 Growth Index Fund	IWO	$0.011124	$0.037093	$0.048217
iShares Russell 2000 Value Index Fund	IWN	$0.454908	$0.027256	$0.482164
Shares Russell 3000 Index Fund	IVW	$0.132353	$0.014565	$0.146918
iShares Russell 3000 Growth Index Fund	IWZ	$0.022552	$0.002320	$0.024872
iShares Russell 3000 Value Index Fund	IWW	$0.325428	$0.087276	$0.432704

Source: Barclays Global Investors

Tom Taggart, a spokesperson for BGI, said the short-term capital gain for the iShares S&P 500, at almost 7 cents a share, is due to the new fund experiencing heavy creation/redemption activity as a result of recent significant contributions. The iShares S&P 500 received another $500 million in new contributions last Friday, 12/15/2000. In comparison, the Vanguard Group estimated zero year-end distributions for the Vanguard 500 Index Fund as of 11/30/2000.

The iShares Russell 2000 will experience total distributions of about 43 cents per share, while the Vanguard Small-Cap Index Fund is estimated to have total year-end distributions of $2.81 per share, again as of 11/30/2000.