CLOSING OF LONDON STOCK EXCHANGE GROUP PLC'S OFFER FOR LCH.CLEARNET

05 April 2013

On 7 March 2013, LCH.Clearnet Group Limited ("LCH.Clearnet") and London Stock Exchange Group plc ("LSEG") announced a revised recommended cash offer by London Stock Exchange (C) Limited, a wholly owned subsidiary of LSEG, for a majority stake in LCH.Clearnet. On 26 March 2013, LCH.Clearnet and LSEG announced that the Acceptance Condition in respect of the Revised Offer had been satisfied and also that a seven business day extension period had been agreed between the parties to provide more time for remaining LCH.Clearnet Shareholders to participate in the Revised Offer. The Revised Offer is now closed to further acceptances.

At Completion, taken together with LSEG's current 2.3% shareholding in LCH.Clearnet, LSEG will hold 57.8% of the LCH.Clearnet Issued Share Capital, which is the maximum possible shareholding by LSEG under the terms of the Revised Offer. In accordance with the terms of the Revised Offer, certain accepting LCH.Clearnet Shareholders will have their acceptances scaled back so that LSEG will hold no more than 57.8% of the LCH.Clearnet Issued Share Capital. Accepting LCH.Clearnet Shareholders will be notified within 10 business days of this announcement of the number of their LCH.Clearnet Shares that will be acquired, conditional on Completion, pursuant to the Revised Offer.

Completion of the Revised Offer, subject to satisfaction of certain conditions, is expected in the second quarter of 2013.

A term used in this announcement and not otherwise defined has the meaning given to that term in the LSEG circular dated 8 March 2013 and the Offer Document dated 11 March 2013.

For further information, please contact:

London Stock Exchange Group 
Victoria Brough/Lucie Holloway
(Media) +44 (0) 20 7797 1222
Paul Froud
(Investor Relations) +44 (0) 20 7797 3322
 
LCH.Clearnet 
Rachael Harper
(Media) +44 (0) 20 7426 7175

Notes to Editors

About London Stock Exchange Group:

London Stock Exchange Group (LSE.L) sits at the heart of the world's financial community. The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, offering UK and Russian derivatives trading, pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe's capital markets.

The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world access to an extensive range of real-time and reference data products and market-leading post-trade services. The Group is also home to a world leading index provider FTSE, which creates and manages of over 200,000 equity, bond and alternative asset class indices.

Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1,900 people.

Further information on London Stock Exchange Group can be found at: http://www.londonstockexchangegroup.com/

About LCH.Clearnet:

The LCH.Clearnet Group is a leading multi-asset class and multi-national clearing house, serving major exchanges and platforms as well as a range of OTC markets.

LCH.Clearnet’s world-class risk management framework provides the markets with exceptional levels of protection. Both the soundness of its risk management approach and the resilience of its systems have been proven in recent times. As demand for robust clearing services continues to grow, LCH.Clearnet is committed to setting and maintaining the highest standards across all asset classes cleared.

For more information on LCH.Clearnet visit www.lchclearnet.com/media_centre