| Originating department: | Commercial Services |
| Company Circular No: | LCH.Clearnet Ltd Circular No 2552 |
| Service Circular No: | LCH EnClear No 273 |
| Date: | 30 November 2009 |
| To: | All LCH EnClear Clearing Members |
LCH.Clearnet is pleased to announce that it will be offering a fee holiday in December for all Freight and Iron Ore swaps contracts cleared in the LCH EnClear OTC Clearing Service. No clearing fees will be charged for any of the FFA contracts or Iron Ore swaps contracts during December.
If you have any questions relating to this circular, please do not hesitate to contact me on +44 207 426 7460 or on isabella.kurek-smith@lchclearnet.com.
Yours sincerely,
Isabella Kurek-Smith
Director
Commercial Services