| Originating department: | Risk Management |
| Company Circular No: | LCH.Clearnet Ltd Circular No 2470 |
| Service Circular No: | RepoClear 135 |
| Date: | 28 May 2009 |
| To: | All RepoClear Members |
LCH.Clearnet Ltd has revised the London SPAN parameters for RepoClear. These changes will be made effective from the close of business on Thursday 04 June 2009 and will be reflected in margin calls on Friday 05 June 2009.
This circular supersedes LCH.Clearnet Ltd Circular No 2461; RepoClear/134 dated 11 May 2009.
Details of the LCH.Clearnet Ltd RepoClear Circular can be found on the LCH.Clearnet website (www.lchclearnet.com) under Risk Management > Ltd > Margin rate circulars > RepoClear.
For further information please contact:
| LCH.Clearnet Ltd | Risk Operations | 020 7426 7520 |
Chris Jones
Director, Risk Management