Clearstream Experienced Further Growth In June 2006

In June the number of monthly international transactions processed rose 11 percent to 1.94 million (June 2005: 1.75 million). Of these transactions, 76 percent were Over the Counter (OTC) transactions and 24 percent were registered as stock exchange transactions. Domestic settlement transactions in Germany increased 18 percent reaching 3.26 million compared to 2.75 million for the same period last year. Of these transaction 66 percent were stock exchange transactions and 34 percent OTC transactions.

The value of assets under custody on behalf of customers rose to € 9.0 trillion, a 9 percent rise from June 2005 (€ 8.28 trillion). Securities held under custody in Clearstream’s international business experienced a rise of 8 percent from € 3.7 trillion to € 4.0 trillion. On the domestic German business, securities held under custody rose by 9 percent from € 4.5 trillion to € 5.0 trillion.

For the Global Securities Financing services monthly average outstandings reached a new record high at € 248.3 billion. The combined services, which include tripartite repo, collateral management and securities lending, collectively experienced a rise of 34 percent from the same month last year (June 2005: € 184.7 billion).

Clearstream Banking's investment funds services also reached record with 309,334 transactions processed, over 58 percent more than in June 2005 (195,261).