The Board of Directors of iShares authorized a split of the shares of 15 iShares Funds (listed below) for shareholders of record as of the close of business on July 21, 2008.

Ticker – Split Ratio — Fund Name
ILF — 5 for 1 — iShares S&P Latin America 40 Index Fund
FXI — 3 for 1 — iShares FTSE/Xinhua China 25 Index Fund
EEM — 3 for 1 — iShares MSCI Emerging Markets Index Fund
EPP — 3 for 1 — iShares MSCI Pacific ex-Japan Index Fund
IWS — 3 for 1 — iShares Russell Midcap Value Index Fund
IXC — 3 for 1 — iShares S&P Global Energy Sector Index Fund
IGE — 3 for 1 — iShares S&P North American Natural Resources Sector Index Fund
IYE — 3 for 1 — iShares Dow Jones Energy Sector Fund
IJT — 2 for 1 — iShares S&P SmallCap 600 Growth Index Fund
ISI — 2 for 1 — iShares S&P 1500 Index Fund
EZA — 2 for 1 — iShares MSCI South Africa Fund
ITF — 2 for 1 — iShares S&P/TOPIX 150 Index Fund
EZU — 2 for 1 — iShares MSCI EMU Index Fund
IWP — 2 for 1 — iShares Russell Midcap Growth Index Fund
IEV — 2 for 1 — iShares S&P Europe 350 Index Fund

A split has the effect of lowering the share price by increasing the number of shares outstanding. The total value of shares outstanding is not affected by a split. For example, a 2-for-1 split will halve the share price of an ETF and double the number of outstanding shares.

Hypothetical example of 2-for-1 split:

Pre-split

Number of Shares Owned: 100

Hypothetical Market Price per Share: $120

Total Value: $12,000

Post split

Number of Shares Owned: 200

Hypothetical Market Price per Share: $60

Total Value: $12,000

 

See the iShares Directory for a complete listing.