May 18, 2003Mr. François BILTGEN, Minister in charge ofCommunications, visited the <strong>Luxembourg</strong> StockExchangeThe Minister was given a presentation of the projects and <strong>de</strong>velopments ofthe company’s business plan, in particular in connection with IT andtelecommunications aspects.The presentation focused on the activities conducted by the <strong>Luxembourg</strong>Stock Exchange and its subsidiary CCLux with regard to the collection,processing and dissemination of financial data. The presentation wassupported by a <strong>de</strong>monstration of the Stock Exchange’s Internet portals,more specifically the portal www.cclux.lu launched by the Stock Exchangeon April 2, 2003, and the quality control procedures applied to ensure thereliability of the data.July 17, 200340 th anniversary of the listing of theUS dollar 15 million Autostra<strong>de</strong>, 5.50%,1963-78 EurobondA major event with respect to Eurobond listing was, on July 17, thecelebration of the 40 th anniversary of the Autostra<strong>de</strong> issue, the first listingof a Eurobond on the <strong>Luxembourg</strong> Stock Exchange, which also markedthe 40 th anniversary of the Eurobond market. Since its launch onJuly 17, 1963, and the launch of other bonds such as those <strong>de</strong>nominatedin European units of account, the <strong>Luxembourg</strong> Stock Exchange has takenfull advantage of an expertise of more than forty years in internationalsecurities listing to be recognized as the major listing centre for suchsecurities. In 1963, 93 bond issues were listed in <strong>Luxembourg</strong>, as against21,285 in 2003.The LuxXThe LuxX (basis 1,000 on January 4, 1999), the <strong>Luxembourg</strong> StockExchange in<strong>de</strong>x, is a basket in<strong>de</strong>x calculated both as a price in<strong>de</strong>x, theLuxX Price, and as a return in<strong>de</strong>x, the LuxX Return. Its constituents areperiodically reviewed un<strong>de</strong>r the supervision of the Stock ExchangeCommittee.The <strong>Luxembourg</strong> equities market was marked in 2003 by a sharp rise ofthe LuxX in<strong>de</strong>x.At year-end, the values of the LuxX in<strong>de</strong>x were 1,018.88 for the price in<strong>de</strong>xand 1,117.36 for the return in<strong>de</strong>x, up 29.02% and 32.97% respectively.The LuxX price in<strong>de</strong>x reached its historical low (639.86 points) onMarch 12 and its yearly high (1,018.88 points) on December 31, 2003.The LuxX showed one of the best performances compared with those ofthe major foreign markets.10FactBook 2004
2003 Key eventsThe constituent equities of the LuxX basket at mid-January 2004 were:ARCELOR S.A., Banque Degroof <strong>Luxembourg</strong> S.A., BGL InvestmentPartners S.A., Cege<strong>de</strong>l S.A., Le Foyer Compagnie <strong>Luxembourg</strong>eoise S.A.,ordinary and preferred equities of Kredietbank S.A. <strong>Luxembourg</strong>eoise,Luxempart S.A., RTL Group and SES Global S.A..The domestic market capitalisation rose from 23,568.5 million euros at2002 year-end to 29,597.8 million euros on December 31, 2003.Trading on the <strong>Luxembourg</strong> Stock Exchange:stocks and shares dominated the marketTurnover in stocks and shares issued by companies, UCIs and warrantsdominated the market and accounted for 52.1% of total trading but<strong>de</strong>creased from 523.6 million euros in 2002 to 413.2 million in 2003.Trading in <strong>Luxembourg</strong> equities accounted for 28.3% of the total turnoverof the <strong>Luxembourg</strong> Stock Exchange. <strong>Luxembourg</strong> UCIs represented16.0% of the total turnover.The euro bond segment accounted for 28.2% of total trading and 58.9%of total bond trading.Overall, trading amounted to 792.8 million euros in 2003, a <strong>de</strong>crease by54.6% compared to the 2002 year-end figures.11FactBook 2004