Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

ASX and SFE Merger, Statement by the Managing Director and CEO of the ASX, Mr Richard Humphry

Date 20/05/1999

ASX has noted the announcement today of the offer by Computershare Limited for the Sydney Futures Exchange. It is important to note the proposal agreed to by the ASX and SFE boards cannot be directly compared with the Computershare offer, until the detail of that offer is fully outlined. ASX's proposal is the result of detailed evaluation and includes substantial benefits and synergies for SFE members that ASX is best placed to provide.