Closing Of London Stock Exchange Group Plc's Offer For LCH.Clearnet

05/04/2013

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.