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iShares S&P 500 Index Fund (CAD-Hedged) (XSP)
Exchange: Toronto Stock Exchange
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Barclays Canada announces iUnits Annual Distribution Estimates

Listing:       TSX (Toronto Stock Exchange)

Symbol:        XIU        XRE
               XMD        XBB
               XEG        XIC
               XFN        XSB
               XGD        XSP
               XIT        XIN

TORONTO, Dec. 6 /CNW/ - Barclays Global Investors Canada Limited
(Barclays Canada) announces today the estimated annual distributions for
iUnits funds for the 2005 tax year. Please note that these are estimated
amounts only and include forward-looking information which may cause the
estimates to change. These results are for the year-end distributions only
(annual capital gains distributions for all funds and annual income
distributions for XSP and XIN). These annual distributions are typically
reinvested rather than paid in cash. These estimates do not include the
ongoing quarterly cash distribution amounts.
The declaration date for the 2005 annual distributions is December 16th,
ex-dividend date is December 23rd, record date is December 29th, and the pay
date is December 30th.

<<
-------------------------------------------------------------------------
                                   Net Asset Value     Estimated Annual
Ticker Symbol   Estimated Annual       (NAV) at       Capital Gain as a %
                  Capital Gain        Nov 30, 05            of NAV
-------------------------------------------------------------------------
XIU                   $0.35             $61.41               0.58%
XMD                   $4.56             $74.43               6.12%
XEG                   $3.40             $74.58               4.56%
XFN                   $0.15             $45.85               0.33%
XGD                   $0.00             $56.75               0.00%
XIT                   $0.00             $ 6.45               0.00%
XRE                   $0.02             $13.28               0.16%
XBB                   $0.37             $29.30               1.25%
XIC(x)                $4.86             $68.36               7.11%
XSB(x)                $0.11             $28.84               0.36%
-------------------------------------------------------------------------
                Estimated Annual   Net Asset Value     Estimated Annual
                    Income              (NAV)          Income as a % of
                                                              NAV
-------------------------------------------------------------------------
XSP(x)                $0.00             $15.69               0.00%
XIN(x)                $2.42             $22.62              10.71%
(x) Converted to new investment objective on November 15, 2005
-------------------------------------------------------------------------

Forward-Looking Information
The information in this press release contains forward-looking statements
with respect to the estimated annual distributions for the iUnits funds. By
their nature, these forward-looking statements involve risks and uncertainties
that could cause the actual distributions to differ materially from those
contemplated by the forward-looking statements. Material factors that could
cause the actual distributions to differ from the estimated distributions
between now and December 15 (the iUnits funds' tax year ends), include, but
are not limited to: the actual amounts of income, dividends or other
distributions received by the iUnits funds; the actual amounts of capital
gains generated from sales of securities; trading activity within the iUnits
funds, including buying and selling of securities; index changes which cause
rebalancing within the iUnits funds; and subscription and redemption activity.

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 125 iShares and iUnits funds covering a wide range of asset classes
and currency exposures. As at September 30, 2005, Barclays Canada managed over
$60 billion in Canadian assets and in other assets for Canadian clients,
including over $10 billion in iUnits Funds. Barclays Canada has offices in
Toronto and Montreal.
>>
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