BARRA Launches Canadian Small Cap Growth And Value Indexes.

BERKELEY, Calif.--(BUSINESS WIRE)--Feb. 7, 1996--BARRA Inc. (NASDAQ:BARZ) today announced the BARRA Canadian Small Cap 300 Growth, and the BARRA Canadian Small Cap 300 Value style indexes.

Calculated monthly, these indexes are constructed by dividing the stocks within BARRA's Canadian Small Cap 300 index according to a combination of their book-to-price ratios and dividend yields. The Small Cap 300 Value index is comprised of those Small Cap 300 index companies that have a combination of higher book-to-price ratios and mostly positive dividend yields, while the Small Cap 300 Growth index companies tend to have lower book-to-price ratios and typically a dividend yield of zero.

"This recent Growth-Value split in the BARRA Canadian Small Cap 300 index was driven by an increasing demand from fund sponsors for an expansion of BARRA's style-driven approach to index construction," said Pierre Brodeur, managing consultant, BARRA International.

BARRA also offers BARRA Canadian Growth and BARRA Canadian Value indexes which are subsets of the Toronto Stock Exchange 300 index. All of these indexes are now available on both PC and VAX platforms and are solely maintained by BARRA.

BARRA, founded in 1975, provides innovative analytical models, software and services that enable its more than 900 clients worldwide to make superior investment and trading decisions. BARRA's software and services analyze equity, fixed income, currency and other financial markets, and their models are the worldwide standard for communicating portfolio characteristics. Based in Berkeley, Calif., BARRA also has offices in New York, Montreal, London, Frankfurt, Paris, Yokohama, Hong Kong and Sydney. Information on BARRA is also available on-line at http://www.barra.com.

CONTACT: BARRA Inc., Berkeley

Jennifer Hinchman, 510/649-4548

or

BARRA International

Bernard Augustin, 514/633-6018