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Company Circular No:

LCH.Clearnet Ltd Circular No 3470

Date:15 May 2014
To:All LCH.Clearnet Ltd Clearing Members

LCH.Clearnet Ltd Banking System Upgrade

Further to circular number 3467 dated 7 May 2014, Clearing members are advised that LCH.Clearnet Ltd is upgrading its Banking system this weekend (17/18 May 2014). The business process changes detailed in the circular dated 7 May 2014 will take effect for start of day on Monday 19 May 2014.

Banking reports produced at end of day on Friday 16 May 2014 will be available at approximately 6am BST on Monday 19 May 2014. For clarity these reports will include the improvements that have previously been communicated.

The Collateral Management System changes detailed in the LCH.Clearnet Ltd circular 3465 dated 6 May 2014 will also be implemented on Monday as part of the banking system upgrade.

If you require any further information or have any questions please email Collateral Operations using collateral.ops.uk@lchclearnet.com or phone: +44 (0) 20 7426 7505.