Deutsche Börse: Update On Potential Sale Of LCH.Clearnet SA

Further to the announcement by Deutsche Börse AG (“DBAG”) of 28 September 2016 that the London Stock Exchange Group plc (“LSEG”) and LCH.Clearnet Group Limited ("LCH Group") are exploring the sale of LCH.Clearnet SA, LCH Group’s French-regulated operating subsidiary, in order to address proactively anti-trust concerns raised by the European Commission in relation to certain businesses, LSEG and LCH Group have confirmed that they have entered into exclusive discussions with Euronext N.V. There can be no certainty that this will lead to any transaction or as to the terms upon which any transaction might proceed.

Any potential sale of LCH.Clearnet SA would be subject to the review and approval by the European Commission in connection with the recommended merger of DBAG and LSEG which was announced on 16 March 2016 (the "Merger") and other customary conditions including relevant regulatory approvals. It would also be conditional on the successful closing of the Merger.