Deutsche Börse Statement Regarding OFT And FCO Approval Process

On 6 March, 2005, Deutsche Börse AG (Deutsche Börse) announced that it has withdrawn its proposed pre-conditional cash offer for the London Stock Exchange plc. (London Stock Exchange). It also stated that it reserved the right to make an offer if Euronext or another third party were to announce an offer for the London Stock Exchange or in such other circumstances as are permitted by the UK Takeover Code.

Deutsche Börse is considering a possible offer for the London Stock Exchange in the event that Euronext or another third party announces an offer but it confirms it will not make an offer unless Euronext or another third party were to announce an offer for the London Stock Exchange or in such other circumstances as are permitted by the UK Takeover Code. To that end, Deutsche Börse has asked the UK Office of Fair Trading and the German Federal Cartel Office to continue with their merger control investigation. In addition, Deutsche Börse has left its financing commitments in place.