Barclays Canada announces launch of new iShares(TM) funds



    Listing: TSX (Toronto Stock Exchange)
    Symbol: XCS, XSU, XEN

    TORONTO, March 23 /CNW/ - Barclays Global Investors Canada Limited
(Barclays Canada) today announced that it has filed a preliminary prospectus
with the securities regulatory authority in each of the provinces and
territories of Canada with respect to the iShares CDN S&P/TSX SmallCap Index
Fund (XCS), iShares CDN Russell 2000(R) Index - Canadian Dollar Hedged Index
Fund (XSU) and iShares CDN Jantzi Social Index(R) Fund (XEN).
    The new funds will not be available to investors until the relevant
securities commission or similar regulatory authority issues a decision
document for the final prospectus. Barclays Canada expects XCS, XSU and XEN to
be available on the Toronto Stock Exchange on or after May 18, 2007.
    XCS, XSU, XEN will provide more asset class exposure and more diversified
investment choices when added to the current iShares fund family.

    iShares CDN SmallCap Index Fund (XCS)

    XCS will be the first exchange traded fund (ETF) to track Standard and
Poor's (S&P) new Canadian Small Cap Index. XCS is expected to give investors a
better ability to express their views on Canadian equity exposure based on
market capitalization.

    iShares CDN Russell 2000 Index Fund (XSU)

    XSU will provide increased flexibility for investors to choose US Small
Cap exposure without currency risk. Through XSU, Barclays Canada is offering a
Canadian dollar hedged exposure to the Russell 2000 Index, which is comprised
of smaller US public issuers.

    iShares CDN Jantzi Social Index Fund (XEN)

    XEN will track the Jantzi Social Index. Barclays Canada is partnering
with Jantzi Research Inc., Canada's premier firm offering social
responsibility research on Canadian and global securities, to launch XEN. XEN
is expected to reflect a higher standard of environmental and social
performance.

    A copy of the preliminary prospectus can be obtained from a registered
broker or on www.iShares.ca or on www.sedar.com.

    About Barclays Canada

    Barclays Canada is an indirect subsidiary of Barclays PLC and part of
Barclays Global Investors (BGI), a division of Barclays PLC and one of the
largest institutional investment managers in the world and the largest manager
of index funds and exchange traded funds (ETFs). BGI leads the world in ETFs,
with over 200 iShares Funds representing $375 billion in assets. As at
December 31, 2006, Barclays Canada managed over $71 billion in Canadian assets
and in other assets for Canadian clients, including over $15 billion in the
TSX-listed iShares Funds. Barclays Canada has offices in Toronto, Montreal and
Vancouver.

    %SEDAR: 00015150E




For further information:

For further information: or to schedule an interview: Contact for Media:
Amanda Alvaro, Narrative Advocacy Media, T - (416) 644-4122, C - (416)
804-4712, Email: amanda.alvaro@narrativeadvocacy.com; All other inquiries:
1-866-iShares (1-866-474-2731), Email: iSharesCanada@barclaysglobal.com

Organization Profile

BARCLAYS GLOBAL INVESTORS CANADA LIMITED (iShares)

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