Security Name

SEDOL

Shares

Market Value

Weight

BANCO SANTANDER SA

5705946

132,230

2126086.23

3.69%

VODAFONE GROUP

B16GWD5

909,715

2039843.70

3.54%

SANOFI AVENTIS

5671735

24,843

1821097.37

3.16%

NOVARTIS AG

7103065

34,166

1707229.89

2.96%

GLAXOSMITHKLINE

0925288

82,887

1629890.68

2.83%

VIVENDI SA

4834777

49,860

1541055.05

2.67%

STATOILHYDRO ASA

7133608

62,674

1403125.07

2.43%

ROCHE HOLDINGS AG

7110388

8,482

1369185.18

2.37%

HSBC HLDGS

0540528

115,243

1319687.49

2.29%

TELEFONICA SA

5732524

45,124

1243633.23

2.16%

BBVA (BILB VIZ ARG)

5501906

70,039

1241820.80

2.15%

BG GROUP

0876289

70,215

1220683.19

2.12%

DEUTSCHE TELEKOM

5842359

87,280

1190294.90

2.06%

BNP PARIBAS

7309681

14,706

1173668.35

2.04%

UNICREDIT SPA

4232445

299,031

1167039.79

2.02%

BARCLAYS

3134865

190,926

1129822.76

1.96%

FRANCE TELECOM

5176177

37,371

994451.48

1.72%

HENKEL AG + CO KGAA

5076705

21,775

936394.86

1.62%

OMV AG

4651459

21,169

853090.88

1.48%

AVIVA PLC

0216238

117,713

843612.28

1.46%

SCHNEIDER ELECTRIC

4834108

8,264

836625.29

1.45%

EXPERIAN PLC

B19NLV4

98,814

832070.98

1.44%

INTERNATIONAL POWER

0632016

171,595

793132.95

1.38%

ANTOFAGASTA

0045614

64,712

786060.77

1.36%

ALLIANZ SE

5231485

5,906

736982.06

1.28%

STANDARD CHARTERED

0408284

29,101

717688.20

1.24%

DNB NOR ASA

4263304

62,200

717160.44

1.24%

DELHAIZE GROUP

4262118

10,308

714788.05

1.24%

KINGFISHER

3319521

208,122

708658.79

1.23%

OLD MUTUAL

0738992

441,166

705578.85

1.22%

TELECOM ITALIA

7634394

399,353

699897.32

1.21%

SOUTHWESTERN ENERGY CO

2828619

15,800

674344.00

1.17%

AHOLD (KON )NV

5252602

52,929

635951.06

1.10%

MORRISON(W)SUPRMKT

0604316

139,630

619258.72

1.07%

STMICROELECTRONICS

5962332

62,091

584393.36

1.01%

ELECTROLUX AB

B1KKBX6

25,444

580352.50

1.01%

ASSA ABLOY

5698789

34,887

565248.38

0.98%

UNILEVER NV

B12T3J1

19,409

558749.75

0.97%

PUBLIC POWER CORP

7268298

23,383

519861.47

0.90%

VINCI

B1XH026

9,145

516777.68

0.90%

PPR

5505072

3,982

509816.60

0.88%

SUEDZUCKER AG

5784462

25,045

507024.56

0.88%

ICAP

3387216

74,897

506337.62

0.88%

SVENSKA CELLULOSA

B1VVGZ5

37,136

501848.60

0.87%

DEUTSCHE LUFTHANSA

5287488

27,853

493031.10

0.85%

ITALCEMENTI

5975932

31,840

489606.29

0.85%

PEUGEOT SA

7103526

15,850

482704.07

0.84%

CREDIT AGRICOLE SA

7262610

22,376

467055.89

0.81%

COCA COLA HELL BOT

4420723

17,240

458382.63

0.79%

NATL BK OF GREECE

4625959

11,562

414054.24

0.72%

NOBLE CORPORATION BAAR

B65Z9D7

10,700

406172.00

0.70%

ING GROEP NV

7154182

22,190

395708.45

0.69%

3I GROUP

B1YW440

85,537

394815.20

0.68%

HANNOVER RUECKVERS

4511809

8,603

393974.86

0.68%

SMURFIT KAPPA GROUP PLC

B1RR828

49,780

392922.45

0.68%

UNILEVER PLC

B10RZP7

13,232

376271.02

0.65%

SNS REAAL GROEP NV

B14SR61

46,439

373882.36

0.65%

NATIONAL GRID

B08SNH3

38,082

367874.94

0.64%

HOLCIM

7110753

5,311

363910.86

0.63%

EIFFAGE

B13X013

5,670

360852.46

0.63%

SAINSBURY(J)

B019KW7

68,602

356585.48

0.62%

KONE CORPORATION NPV

B09M9D2

9,304

341623.33

0.59%

UNIBAIL RODAMCO SE

7076242

1,592

330321.35

0.57%

ERICSSON(LM)TEL

5959378

31,130

311618.30

0.54%

BOLIDEN AB (POST SPLIT)

B1XCBX9

28,980

310403.05

0.54%

BUZZI UNICEM SPA

5782206

17,964

309844.11

0.54%

ATLANTIA

7667163

12,309

298128.48

0.52%

VOESTALPINE AG

4943402

7,614

271445.64

0.47%

THOMAS COOK GROUP

B1VYCH8

71,098

264149.69

0.46%

FORTIS

7266139

53,074

248327.99

0.43%

TALISMAN ENERGY INC

2068299

13,800

239536.01

0.42%

KONINKLIJKE DSM NV

B0HZL93

5,568

232361.16

0.40%

FRED OLSEN ENERGY

5344101

5,950

220883.10

0.38%

IMMOEAST AG

7733967

35,335

217959.47

0.38%

SCHINDLER HLDG AG

B11TCY0

2,976

203772.76

0.35%

CRITERIA CAIXACORP

B283W97

38,803

199081.37

0.35%

LINDE AG

5740817

1,820

197074.55

0.34%

TIETOENATOR OYJ

5479702

9,433

187519.71

0.33%

INFINEON TECHNOLOGIES AG

5889505

32,077

180749.18

0.31%

NISCAYAH GROUP AB

B1D8LR1

77,254

174551.61

0.30%

PROSIEBENSAT1 MEDIA AG

4579131

16,185

173883.44

0.30%

FIAT SPA

5748521

13,210

169726.59

0.29%

ERSTE GROUP BANK AG

5289837

3,784

168918.94

0.29%

KBC ANCORA

B1YWXY3

5,817

166227.94

0.29%

POL GORN NAFT I GA

B0L9113

127,618

158509.80

0.27%

GECINA

7742468

1,189

141643.83

0.25%

MUENCHENER RUCKVERS AG

5294121

869

138491.77

0.24%

LUBRIZOL CORP

2537302

1,900

135774.00

0.24%

CORPORATE EXPRESS NV

5516751

10,034

135666.94

0.24%

NEXT GROUP

3208986

4,523

129630.77

0.22%

SCOR S.E.

B1LB9P6

4,728

129095.92

0.22%

SAGE GROUP

0802165

33,344

124469.26

0.22%

BANCO POPOLARE

B1Z9G88

12,593

120659.11

0.21%

TGS NOPEC GEOPH CO

B15SLC4

7,800

116281.47

0.20%

DCC

4189477

4,183

107880.54

0.19%

CLARIANT

7113990

11,792

107163.84

0.19%

FLSMIDTH + CO A/S

5263574

1,752

95285.63

0.17%

METRO AG

5041413

1,519

85815.45

0.15%

H LUNDBECK A S

7085259

3,821

79148.56

0.14%

SALZGITTER AG

5465358

807

77263.26

0.13%

CONTINENTAL AG

4598589

1,312

70803.34

0.12%

TRINITY MIRROR

0903994

25,706

70631.95

0.12%

TOYO SEIKAN KAISHA

6900267

3,500

67509.91

0.12%

CIMENTS FRANCAIS

4199540

596

66862.53

0.12%

TRAVIS PERKINS

0773960

4,849

64601.22

0.11%

INTESA SANPAOLO

4076836

14,473

63941.53

0.11%

AUTONOMY CORP

0118271

2,400

62528.19

0.11%

AXA

7088429

2,301

62222.37

0.11%

EXOR SPA

B06HZC1

3,335

61665.83

0.11%

AKZO NOBEL NV

5458314

966

59777.11

0.10%

BALOISE HLDGS

7124594

615

58675.85

0.10%

FUGRO  NV

B096LW7

976

56301.52

0.10%

NITTO DENKO CORP

6641801

1,700

52214.22

0.09%

TULLETT PREBON PLC

B1H0DZ5

8,332

52077.17

0.09%

BNP PARIBAS LTD RTS

B4VTBL1

14,706

31813.72

0.06%

TRAKYA CAM

B03MY66

0

0.19

0.00%

T SISE CAM

B03MXR0

0

0.11

0.00%

ANGLO IRISH BANK

B076LH4

80,825

0.00

0.00%

Total Market Value: $57,670,640.16