Margin Rate Changes

1. LCH.Clearnet Ltd updates its EquityClear platform with new securities regularly, please refer to the link 'EquityClear Margin Rate Spreadsheet' for a list of live securities.

2. LCH.Clearnet Ltd is launching a second tranche of securities for PLUS Markets in Q2; please refer to the link 'Proposed Plus Market Rates' for more details.

3. LCH.Clearnet Ltd is launching securities from the Equiduct Market in March 2009; please refer to the link Proposed Equiduct Market Rates' for more details.

4. LCH.Clearnet Ltd is launching securities from LSE's IOB Market in March 2009; please refer to the link 'Proposed IOB Market Rates' for more details.

5. This circular supersedes LCH.Clearnet Ltd Circular No 2429: EquityClear 118 dated 5th March 2008.

6. Please consult the list of participating exchanges for additional information on our cleared securities:

Members seeking further information in relation to this circular should contact the following:

Christopher Jones
Director and Head Risk Management

EquityClear Margin Rate Spreadsheet

Proposed Plus Market Rates – Tranche 2

Proposed Equiduct Market Rates

Proposed IOB Market Rates