EquityClear service extension to include Chi-East

Dear Member,

LCH.Clearnet Limited is pleased to announce that it is extending its EquityClear® service to include trades executed on the Chi-East trading platform. The service, which is expected to commence from Q2 2010, will initially encompass clearing a range of Australian, Hong Kong & Japanese equity securities.

Chi-East will act as an independent liquidity aggregator for the sell side and offer another execution option in the form of a non-displayed venue, expanding the range of available solutions for conducting block transactions with price improvement. Chi-Tech, the technology subsidiary of Chi-X Global, will provide the technology for the new trading platform.

Clearing Members will benefit from reduced cost with increased volumes through the member specific incremental tariff.

This service extension further highlights the ability of LCH.Clearnet Limited to increase its market coverage and reduce costs whilst minimising operational change to its members.

Further details of the service will be made available in due course. Members requiring further information should contact Ian Mackenzie on 020 7426 7265 ian.mackenzie@lchclearnet.com

Yours sincerely
Wayne Eagle, Director, LCH.Clearnet EquityClear®