National Oilwell Varco Inc. (USA): Demerger of NOW Inc. (USA)
Changes In FTSE Indices

21 May 2014


Subject to the completion of the demerger of NOW Inc. (USA) from National Oilwell Varco Inc. (USA, Large Cap), FTSE announces the following changes:

INDEX CHANGE EFFECTIVE FROM
START OF TRADING
FTSE All-World Index NOW Inc.(USA, BMH0MV1) will be added to the Large Cap Index with a shares in issue total of 105,769,306 and an investability weighting of 100%.

National Oilwell Varco Inc. (USA, 2624486) will remain in the index with an unchanged shares in issue total of 423,077,225 and an unchanged investability weighting of 100%.
02 June 2014
FTSE MPF All-World Index NOW Inc. will be added to the index as detailed above.

National Oilwell Varco Inc. will remain in the index as detailed above.
02 June 2014
FTSE Multinationals NOW Inc. will be added to the index as detailed above.

National Oilwell Varco Inc. will remain in the index as detailed above.
02 June 2014
FTSE Global Style Index NOW Inc. will be added to the index as detailed above.

National Oilwell Varco Inc. will remain in the index as detailed above.
02 June 2014

NOW Inc.'s ICB Classification will be 0573 (Oil Equipment & Services).

The Value and Growth rating for NOW Inc. within the FTSE Global Style Index Series are as follows: Value: 0, Growth: 100

*The number of shares is based on the demerger terms of 1 NOW share for every 4 National Oilwell Varco shares held.

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