Euronext: Compulsory Acquisition Of LIFFE Shares

Having received valid acceptances of the Offer in respect of over 90 per cent. in value of the LIFFE Shares to which the Offer relates, Euronext UK intends shortly to give notice to those LIFFE Shareholders who have not yet accepted the Offer informing them that it will compulsorily acquire their LIFFE Shares by implementing the procedure under sections 428 to 430F of the Companies Act 1985.

The Euronext Responsible Persons accept responsibility for the information contained in this announcement. To the best of the knowledge and belief of the Euronext Responsible Persons (who have taken reasonable care to ensure that such is the case), the information contained in this announcement for which they accept responsibility is in accordance with the facts and does not omit anything likely to affect the import of such information.

Terms defined in the Offer document dated 12 November 2001 have the same meanings when used herein unless the context requires otherwise.

UBS Warburg is acting for Euronext and Euronext UK and for no one else in connection with the Offer and will not be responsible to anyone other than Euronext and Euronext UK for providing the protections afforded to customers of UBS Warburg nor for providing advice in relation to the Offer.