RNS Number:8933L
FTSE
7 June 2000


                                                       Technical Release

                   United Energy PLC: Transfer to AIM.
                        Changes in FTSE Indexes


Following the transfer of United Energy PLC to AIM, FTSE
announces the following changes:


INDEX                     CHANGE                              EFFECTIVE FROM
                                                              START OF TRADING
                                                              ON:
FTSE Fledgling            United Energy (0917285) will        8 June 2000
                          be deleted.
FTSE All-Small            United Energy Will be deleted       8 June 2000 



Notes for Editors:

Background to FTSE:

FTSE  is  one  of  the  world's leading experts in  the  creation  and
management of equity indexes and is jointly owned by the London  Stock
Exchange and the Financial Times. With offices in London, New York and
Paris,  FTSE services clients in 77 countries worldwide.   It  manages
and  develops globally recognised indexes ranging from the FTSE  World
Index  to  the  real time FTSE Eurotop series and the  FTSE  100.  The
company  has  collaborative arrangements with the  London,  Amsterdam,
Brussels,  Norex,  Athens, Luxembourg and Madrid stock  exchanges,  as
well as with Nikkei of Japan (Nihon Keizai Shimbun, Inc).
     
FTSE  indexes  are  used  extensively  by  investors  world-wide   for
investment analysis, performance measurement, asset allocation and for
creating  a wide range of index tracking funds. Committees  of  senior
fund   managers,   derivatives  experts,  actuaries  and   experienced
practitioners independently review all changes to the indexes ensuring
that they are accurate, timely and without bias.

For further information please contact Client Services on +44 (0) 20
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Or, email your enquiries to info@ftse.com and visit our website at
www.ftse.com


END
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