1. Due to the expansion of the SETSmm™ platform, the London Stock Exchange’s extension of their trading service to include the top FTSE Small Cap securities that were previously traded on SEAQ, LCH.Clearnet has made changes to the CCP eligible security list.
   
   
2. The 197 new securities added to the SETSmm™ platform will be made CCP eligible.
   
   
3. There will also be changes to 83 existing CCP eligible securities, which will be moved from their existing segment to the new SETSmm™ segment.
   
   
4. All additions and changes have been highlighted in the attached document, which also include the margin rates and are effective from Monday 11th July 2005.
   
   
5. Further information on the SETSmm™ expansion is available on the LSE website (www.londonstockexchange.com).
   
   
6. For further information, please contact:
   
   

   Risk Operations

   020 7426 7520

Christopher Jones
Director and Head Risk Management

EquityClear Margin Rate Spreadsheet