MSCI Barra yesterday announced the May semi-annual rebalancing of its indexes. As part of the changes, Uralkali will be added to the MSCI Russia and MSCI Emerging Markets indexes. The estimated weight will be 2.2% in MSCI Russia and 0.2% in MSCI Emerging Markets. The news is positive for thestock, as it will trigger buying from index funds rebalancing portfolios. The changes come into effect on June 2. We estimate the news as positive for our Company.