| Originating Department: | Risk Management |
| Company Circular No: | LCH.Clearnet Ltd Circular No 2273 |
| Service Circular No: | LCH ICE Futures 364 |
| Date: | 20 March 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. This circular supersedes circular LCH.Clearnet/ 2271; LCH ICE Futures / 363 dated 07 March 2008.
Changes will take place with effect from close of business Wednesday 26 March 2008 and will be reflected in margin calls made on Thursday 27 March 2008.
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