| Originating Department: | Risk Management |
| Company Circular No: | LCH.Clearnet Ltd Circular No 2240 |
| Service Circular No: | LCH ICE Futures 358 |
| Date: | 17 January 2008 |
| To: | All LCH ICE Futures Clearing Members |
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 Tuesday 22nd January 2008 and will be reflected in margin calls made on Wednesday 23rd January 2008. This circular supersedes circular LCH.Clearnet/ 2236; LCH ICE Futures / 357 dated 3rd January 2008.
Change has been made to the ICE Futures GAS contract.
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