Friday, June 1st, 2012 - Russel

SEATTLE, WA--(Marketwire - May 30, 2012) - After getting off to a strong start in 2012, with returns of +10.1% for January and +7.9% for February, the Russell Greater China Index has seen a Spring slowdown, returning (-4.8%) in March, (-0.3%) in April and was off (-9.2%) for May month-to-date as of May 28th.

Despite the negative performance in recent months, the Index was still positive year-to-date, with a +2.5% return. Year-to-date as of May 28th within the Russell Greater China Index, the lead sector performers were Technology (+7.7%), Healthcare (+4.5%) and Consumer Discretionary (+2.7%).

Within the Index, for May month-to-date as of May 28th, the Energy sector (-13.5%) was off the most, followed by the Consumer Discretionary (-11.6%) and Financial Services (-10.1%) sectors.

Top performing companies in the Russell Greater China Index year-to-date as of May 28th include China-based online video services provider Tudou Holdings Ltd. (+233.5%), Taiwan-based semiconductor testing and packaging solutions provider ChipMOS Technologies Bermuda Ltd. (+146.9%) and Ju Teng International Holdings Ltd. (+120.5%), the China-based technology manufacturer specializing in 3C (computers / communications / consumer) products.

"China is clearly in slowdown mode," said Steve Wood, chief market strategist at Russell Investments. "However, as global demand strengthens and trade financing slowly improves, the outlook for the Chinese economy should improve."

Russell Greater China Index Returns

                                                                           

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                                                          May               

Russell Index / Index                                   MTD-a/o   YTD-2012 

Sector                      Jan-12 Feb-12 Mar-12 Apr-12   5/28  (as of 5/28)

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Greater China Index          10.1%  7.9%   -4.8%  -0.3%  -9.2%      2.5%   

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Technology                   12.8%  8.5%   0.5%   -4.5%  -8.3%      7.7%   

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Financial Services           12.3%  8.0%   -9.1%  2.8%   -10.1%     1.9%   

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Utilities                    0.3%   4.5%   -0.3%  0.9%   -5.3%      -0.2%  

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Health Care                  7.4%   8.2%   -0.2%  -3.1%  -7.1%      4.5%   

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Consumer Discretionary       8.6%   11.0%  -3.8%  0.1%   -11.6%     2.7%   

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Consumer Staples             1.3%   4.3%   0.8%   1.8%   -6.2%      1.8%   

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Energy                       12.9%  5.3%   -8.4%  2.8%   -13.5%     -3.2%  

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Materials & Processing       9.8%   10.2%  -7.6%  -3.3%  -8.3%      -0.8%  

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Producer Durables            10.7%  8.6%   -4.5%  -1.3%  -8.2%      4.1%   

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Russell Greater China Company Returns

                                                                          

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                                                            YTD-2012      

 Russell Greater China Index - Top 5 Companies       (As of May 28th, 2012)

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 Tudou Holdings Ltd. (China)                                 233.5%       

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 ChipMOS Technologies Bermuda Ltd. (Taiwan)                  146.9%       

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 Ju Teng International Holdings Ltd. (China)                 120.5%       

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 Lijun International Pharmaceutical Holdings (China)         111.3%       

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 Himax Technologies Inc. (Taiwan)                            104.0%       

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 Russell Greater China Index - Bottom 5 Companies                         

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 Hi Sun Technology China Ltd.                                -55.6%       

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 Dejin Resources Group Co. Ltd. (China)                      -65.9%       

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 Hao Tian Resources Group Ltd. (China)                       -68.5%       

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 Neway Group Holdings Ltd. (China)                           -69.6%       

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 China Kingstone Mining Holdings Ltd.                        -76.3%       

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The Russell Global Index includes more than 10,000 securities in 48 countries and covers 98% of the investable global market. All securities in the benchmark are classified according to size, region, country and sector. Daily Returns for the main components are available here: http://www.russell.com/indexes/data/daily_total_returns_global.asp

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Lauren Goble

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W: www.russell.com

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