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iShares S&P/TSX 60 Index ETF (XIU - TSX)

Barclays Global Investors announces unit split affecting certain iShares(R) Funds

Barclays Global Investors announces unit split affecting certain iShares(R) Funds

Listing: TSX (Toronto Stock Exchange)

Symbol: XEG, XFN, XGD, XIC, XIU, XMA, XMD

TORONTO, July 16 /CNW/ - Barclays Global Investors Canada Limited (Barclays Canada), a worldwide leader in exchange-traded funds, today announced upcoming unit splits for the seven iShares funds set out below (iShares Funds), each of which is listed on the Toronto Stock Exchange (TSX). Unitholders of record of the iShares Funds on August 8, 2008 will automatically participate in the unit splits.

Barclays Canada is initiating these splits in response to investor demand. The prices of certain iShares funds have increased significantly, so the splits will allow investors access at a smaller initial investment to some of the more popular iShares funds that have a relatively high unit price. The "split ratios" shown below indicate the number of units that a unitholder of an iShares Fund will hold after the split in relation to the number of units held by the unitholder before the split.

Fund Splits

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Fund Name                                           Ticker   Split Ratio
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iShares CDN S&P/TSX Capped Energy Index Fund          XEG        4:1
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iShares CDN S&P/TSX Global Gold Index Fund            XGD        4:1
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iShares CDN S&P/TSX Capped Composite Index Fund       XIC        4:1
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iShares CDN S&P/TSX 60 Index Fund                     XIU        4:1
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iShares CDN S&P/TSX Completion Index Fund             XMD        4:1
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iShares CDN S&P/TSX Capped Financials Index Fund      XFN        2:1
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iShares CDN S&P/TSX Capped Materials Index Fund       XMA        2:1
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The iShares Funds will begin trading on the TSX on a split-adjusted basis on August 6, 2008. The splits will become effective on August 8, 2008, following which additional units will be distributed to unitholders' accounts. We expect that unitholders will see a change in their holdings shortly after this, depending on their broker's procedures.

Hypothetical Examples

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                                             Net Asset       Net Asset
Split  Number of Units  Number of Units   Value per Unit  Value per Unit
Ratio     Pre-Split        Post-Split        Pre-Split       Post-Split
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4:1         100               400              $100             $25
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3:1         100               300               $90             $30
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2:1         100               200               $40             $20
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For more information, please visit www.iShares.ca or call your iShares representative.

About Barclays Canada

Barclays Canada is an indirect subsidiary of Barclays PLC and part of Barclays Global Investors (BGI), a division of Barclays PLC and one of the largest institutional investment managers in the world and the largest manager of index funds and exchange traded funds (ETFs). BGI leads the world in ETFs, with over 200 iShares funds representing over $400 billion in assets. As at March 31, 2008, Barclays Canada managed over $73 billion in Canadian assets and in other assets for Canadian clients, including $17 billion in the TSX-listed iShares funds. Barclays Canada has offices in Toronto and Montreal.

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