Impax and FTSE expand Environmental Index series

November 17 2008

Impax Group plc ("Impax"), the specialist environmental investment company and FTSE Group ("FTSE"), the global index company, have announced the expansion of the FTSE Environmental Opportunities Index Series with the addition of nine new indices.
Impax, using its wealth of experience investing in these sectors, will research the constituents for the indices.

The expansion will offer investors additional detail by identifying and segmenting the renewable energy, energy efficiency, water and waste management markets. The new indexes are:

• FTSE Environmental Opportunities ("EO") 100 (the largest 100 companies included in the FTSE EO All- Share Index)
• FTSE EO Water Technology 30 Index
• FTSE EO Water Technology Benchmark
• FTSE EO Renewable Energy 50 Index
• FTSE EO Renewable Energy Benchmark
• FTSE EO Energy Efficiency 50 Index
• FTSE EO Energy Efficiency Benchmark
• FTSE EO Waste and Pollution Control 30
• FTSE EO Waste and Pollution Control Benchmark

Ian Simm, Chief Executive of Impax said: "These indices provide an investible and transparent measure of the performance of the global environmental technology sector. They are the building blocks of a mature and liquid marketplace and help to complete the infrastructure of the environmental markets."

"We are delighted to continue this partnership with FTSE, combining their index expertise and our in- depth sector knowledge."

"The indices track the performance of those companies who are best positioned to benefit from the shift to a global low-carbon economy. The expansion of the series offers investors the opportunity to identify those leading global companies within a comprehensive benchmark and tradable index series." said Will Oulton, Head of Responsible Investment, FTSE Group.

The FTSE Environmental Opportunities indices are a part of FTSE's broader Environmental Markets Index Series that includes the FTSE ET50 Index, which tracks the performance of the world's largest pure- play environmental companies. The series is available for investors to use as the basis of structured products, exchange traded funds (ETF) and index funds.

About Impax Group plc

Impax Group plc ("Impax") was founded in 1994 as a specialist finance house focusing on the markets for cleaner or more efficient delivery of basic services of energy, water and waste. These markets are expanding rapidly, as business and political leaders encourage the development of cleaner products and services in response to the increasing pressures placed on the environment.

Impax's dedicated team of professionals, with many years of experience in the financial and environmental sectors, is ideally placed to understand and take advantage of the investment opportunities arising from the fast growing environmental markets. Impax Asset Management (the trading entity of Impax Group) manages assets for institutional and private investors, across a range of listed and private equity funds.

For further information please visit: www.impax.co.uk

About FTSE Group
FTSE Group is a world-leader in the creation and management of indexes. With offices in Beijing, London, Frankfurt, Hong Kong, Madrid, Paris, New York, San Francisco, and Tokyo, FTSE Group services clients in 77 countries worldwide. It calculates and manages the FTSE Global Equity Index series, which includes world-recognised indexes ranging from the FTSE All-World Index, the FTSE4Good series and the FTSEurofirst Index series, as well as domestic indexes such as the prestigious FTSE 100. The company has collaborative arrangements with the Athens, AMEX, Cyprus, Euronext, Johannesburg London, Madrid, NASDAQ and Taiwan exchanges, as well as Nomura Securities, Hang Seng and Xinhua Finance of China. FTSE also has a collaborative agreement with Dow Jones Indexes to develop a single sector classification system for global investors.

FTSE indexes are used extensively by investors world- wide for investment analysis, performance measurement, asset allocation, portfolio hedging and for creating a wide range of index tracking funds. Independent committees of senior fund managers, derivatives experts, actuaries and other experienced practitioners review all changes to the indexes to ensure that they are made objectively and without bias. Real-time FTSE indexes are calculated on systems managed by Reuters. Prices and FX rates used are supplied by Reuters.

Carbon International
Samantha Hill     
samantha.hill@carboninternational.com    
+44 (0)20 7483 7205     

Carbon International
Lucy Evans
lucy.evans@carboninternational.com
+44 (0)20 7483 7208