The board of directors of MTS appoints Jack Jeffery as new CEO

MTS, the leading market in Europe for the trading of fixed income securities, announces that the Board of Directors, chaired by Luigi Spaventa, yesterday appointed Jack Jeffery as Chief Executive of MTS S.p.A..

Jack reports directly to Raffaele Jerusalmi, Director of Capital Markets, London Stock Exchange Group, while Ciro Pietroluongo has been appointed as General Manager.

Furthermore, Pasquale Cataldi, Head of European Government bond and swaps trading, Deutsche Bank, joined the Board, replacing Stephen Wolff who resigned.

Jack has over 20 years of experience in financial markets, most recently as COO of Superderivatives and CEO of ICAP Electronic Broking, which included responsibility for Brokertec and EBS. Prior to that, he was CEO of EBS, the spot FX electronic broking platform sold to ICAP in 2006. Jack previously worked in a variety of roles at Citigroup in the UK and Australia, and at Midland Montague in Sydney where he started as a foreign exchange dealer in 1982.

Jack has also served on the Bank of England and US Federal Reserve Foreign Exchange committees between 1999 and 2007.

Xavier Rolet, Chief Executive of London Stock Exchange Group, said:

“I am delighted Jack is the new CEO of MTS Group. With his wealth of relevant experience, I believe Jack will make a significant contribution to our business. I look forward to working with him.”

Jack Jeffery said:

"In the current environment, with record levels of government debt being issued across the Eurozone there is an increased emphasis on ensuring open and transparent markets. As the only pan-European electronic order book, MTS is well placed to build on the reputation it has established in the marketplace. I look forward to working with MTS staff, customers, regulators and treasuries during this exciting period, as we continue to leverage our relationship with London Stock Exchange Group, growing and developing our markets. “

Jack is 50 years old and is married with four children.

- Ends-

For further information, please contact:

Patrick Humphris
Luca Grassis

Press Offfice +44 (0)20 7797 1222
newsroom@londonstockexchange.com

Notes to editors

About MTS Group:

The group of MTS companies collectively comprises Europe’s premier electronic market in fixed income securities with daily volumes exceeding €85 billion (single counted). The MTS model utilizes a common trading platform, although regulatory responsibility remains under the jurisdiction of the relevant domestic competent authorities.

The group of companies include the following wholesale markets: EuroMTS, EuroCredit MTS, NewEuroMTS, EuroGlobalMTS, MTS Quasi-Government Market, Eurobenchmark Treasury Bills Market, EuroMTS Linkers Market, MTS Cedulas Market, MTS Amsterdam, MTS Austrian Market, MTS Belgium, MTS Denmark, MTS Deutschland, MTS España, MTS Finland, MTS France, MTS Greek Market, MTS Ireland, MTS Israel, MTS Italy, MTS Poland, MTS Portugal and MTS Slovenia.

The group also includes BondVision, the Internet-based multi-dealer-to-client platform and MTSNext, the company that manages the EuroMTS Indices, the first range of independent, transparent, real-time and tradable eurozone fixed income indices. Tradable products on the MTS markets comprise Austrian, Belgian, Brazilian, Bulgarian, Chinese, Croatian, Cypriot, Czech, Danish, Dutch, Finnish, French, German, Greek, Hungarian, Irish, Israeli, Italian, Lithuanian, Mexican, Polish, Portuguese, Romanian, Slovakian, Slovenian, South African, Spanish, Turkish and Venezuelan government bonds; quasi government bonds such as EIB, KfW, Freddie Mac and CADES; Pfandbriefe, Obligations Foncières, Cédulas, Irish ACS; Dutch, Italian, UK and US covered bonds and EONIA swaps.

More information is available on www.mtsgroup.org

About the London Stock Exchange Group:

London Stock Exchange Group is Europe's leading diversified exchange business. It operates Europe's largest and most liquid equity market, holds the number one position in trading ETFs and securitised derivatives, and through its interest in MTS, is the leading platform for the trading of fixed income products.

The London Stock Exchange itself is the world's most international exchange with over 700 overseas companies from over 70 countries on its markets. It has consolidated this position in the last two calendar years, having attracted 202 international companies which raised nearly £30 billion between them. These figures include international companies on AIM, the London Stock Exchange's growth market, which has grown to become the world's most successful market for small and medium sized enterprises with close to 1700 companies at the end of 2007.

Following its merger with Borsa Italiana in 2007, London Stock Exchange Group also now offers post-trade services such as netting, clearing and settlement on an efficient and competitive basis, and a comprehensive range of European bond trading services through MTS.

Jack Jeffery key appointments:

2008 – present, SuperDerivatives

COO

2006 ICAP Electronic Broking

CEO of ICAP Electronic Broking, including Brokertec and EBS

2001 EBS

CEO

1990 - 2001 Citigroup

Global and European Head of FX Options since 1999

1984 - 1990, Midland Montague

Director of Treasury Midland Montague (Australia) since 1988

1982 - 1984, BNP Australia

FX Trader