| Originating Department: | Risk Management |
| Company Circular No: | LCH.Clearnet Ltd Circular No 2202 |
| Service Circular No: | LCH ICE Futures 353 |
| Date: | 25 October 2007 |
| To: | All LCH ICE Futures Clearing Members |
New Margin Rate Changes for ICE Futures Contracts
LCH.Clearnet Ltd has set SPAN parameters, as highlighted in bold and italic in the attached document. These changes will take place with effect from close of business Monday 29 October 2007 and will be reflected in margin calls made on Tuesday 30 October 2007. This circular supersedes circular LCH.Clearnet/ 2199; LCH ICE Futures / 352 dated 19 October 2007.
Changes have been made to the ICE Futures contract UK Natural Gas.
Details of the current London SPAN Parameters, for all ICE Futures contracts, can be found on the LCH.Clearnet website (www.lchclearnet.com) under Risk Management > Ltd > Margin rate circulars > ICE Futures.
For further information please contact the following:
Risk Operations 020 7426 7520
Christopher Jones
Director and Head of Risk Management