On 31 January 2012, and following the unanimous approval of shareholders at an Extraordinary General Meeting of MW Indices PLC on 23 December 2011, the merger took effect between MW TOPS Global Alpha, a sub-fund of MW Indices PLC (the “Merging Fund”) and Merrill Lynch Investment Solutions – Marshall Wace TOPS UCITS Fund (Market Neutral) (the “Receiving Fund”). The merger is described more fully in the circular to shareholders of the Merging Fund dated 2 December 2011.

All investors in the Merging Fund immediately prior to 31 January 2012 have had their shares in the Merging Fund cancelled and have been issued new shares of equivalent value in the Receiving Fund.

If you have any queries in relation to the Merging Fund, MW TOPS Global Alpha, please contact clientservicing@mwam.com.