2009-12-28 23:00:42 -

Keefe, Bruyette & Woods, Inc., a full-service investment bank that specializes in the financial services sector, and a wholly owned subsidiary of KBW, Inc. (NYSE: KBW), today announces upcoming changes to the KBW Bank Index (Index Symbol: BKX SM , ETF Symbol: KBE SM ).

Effective prior to the opening of business on Thursday, December 31, 2009, Citigroup Inc., (NYSE: C) and Wells Fargo & Company (NYSE: WFC), both members of BKX, will undergo an increase in shares to account for their recent equity offerings.

The KBW family of indices that has tradable exchange traded funds are.

KBW Bank Index (Index Symbol: BKX SM , ETF Symbol KBE SM ); KBW Capital Markets Index (Index Symbol: KSX SM , ETF Symbol KCE SM ); KBW Insurance Index (Index Symbol: KIX SM , ETF Symbol KIE SM ); KBW

Mortgage Finance Index (Index Symbol: MFX SM , ETF Symbol.

KME SM ), and KBW Regional Banking Index (Index Symbol: KRX SM , ETF Symbol: KRE SM ).

About KBW


KBW, Inc. is the parent of Keefe, Bruyette & Woods, Inc., Keefe, Bruyette & Woods Limited and KBW Asset Management. Keefe, Bruyette & Woods, Inc. is a full service investment bank specializing in the financial services industry. Founded in 1962, it is widely recognized as a leading authority in the banking, insurance, brokerage, asset management, mortgage banking and specialty finance sectors. The firm has established industry-leading positions in the areas of research, corporate finance, mergers and acquisitions, as well as sales and trading for financial services companies.


Press:Intermarket CommunicationsNeil Shapiro,

212-754-5423Jenna Agins, 212-754-5613