Clearstream's Core Business Continues Growth In August 2005

Clearstream's core business areas saw further growth during August 2005 with the number of monthly international transactions processed rising 41.3 percent at 1.66 million compared to the same month last year (August 2004: 1.18 million). Of these transactions, 79 percent are Over the Counter (OTC) transactions and 21 percent are registered as stock exchange transactions. Domestic settlement transactions in Germany increased 27.6 percent reaching 2.91 million compared to 2.28 million for the same period last year. The ratio for domestic settlement transactions was 71 percent stock exchange transactions compared to 29 percent OTC transactions.

The value of assets held under custody on behalf of customers rose to EUR 8.4 trillion, a 13.8 percent rise from August 2004 when it stood at EUR 7.4 trillion.

Growth was also strong within the Global Securities Financing services business. In August the EUR 200 billion milestone was broken with weekly outstandings of EUR 207.3 and monthly average outstandings of EUR 201.6 billion. The combined services, which include tripartite repo, securities lending and collateral management, collectively experienced a rise of 56 percent from August 2004 (EUR 129.3 billion).

Vestima+, the investment funds service, also broke records with the highest number of investment funds related instructions ever processed at 222,243, a 54.8 percent rise in the year since August 2004 (121,827).