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LCH.Clearnet Ltd appoints Managing Director, Commercial Services

London, 20 March 2007

LCH.Clearnet Ltd is pleased to announce the appointment of Peter Shepherd as Managing Director, Commercial Services. Responsible for Markets, Customer Management and for Marketing, Mr Shepherd takes up his position with immediate effect.

Mr Shepherd has a strong commercial background with some 18 years experience in financial services and extensive knowledge of international markets, exchanges and trading technology, most recently at Euronext.liffe and Atos Euronext Market Solutions.

Commenting on the appointment, Patrick Birley, Chief Executive at LCH.Clearnet Ltd, said: “ I am delighted that Peter Shepherd has brought to us his very considerable and directly relevant experience in international markets generally and in the trading infrastructure in particular. As Managing Director, Commercial Services, he will add greatly to the quality of the Company’s service offering in this critically important area.”

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LCH.Clearnet clears a diverse range of asset classes worldwide.

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