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ICMA Members Elect New Board Line-Up

Date 31/05/2007

Members of the International Capital Market Association (ICMA) have today elected two new members and re-elected three existing members to the Board of the Association. The elections to the Board took place this morning at the ICMA Annual General Meeting in Berlin.

The Board members who have been re-elected this year are Mr. Giuseppe Distefano, Banca Profilo S.P.A., Milan; Mr. Brian Lawson, Nomura International plc, London and; Mr. Martin Scheck, UBS AG, Zurich.

Mr. Søren Elbech, Eksportfinans ASA, Oslo and; Mr. David Marks, J.P. Morgan Securities Ltd., London, join the ICMA board for the first time.

ICMA’s board at Thursday May 31, 2007

Giuseppe Distefano                 Banca Profilo S.P.A., Milan

Søren Elbech                            Eksportfinans ASA, Oslo

Robert B. Gray                         HSBC Bank plc, London

Martin Gut                                Credit Suisse, Zurich

Paul Hearn                               BNP Paribas, London

Walter M. Henniges                 Deutsche Bank AG, Frankfurt

René Karsenti                          ICMA, Zurich (Executive President)

Brian Lawson                           Nomura International plc, London

Martin P. Lee-Warner               Raiffeisen Zentralbank Österreich AG, Vienna

Richard Levy                            Goldman Sachs International, London

Andreas Luethi                        Bank Sarasin & Co Ltd., London

David Marks                             J.P. Morgan Securities Ltd., London

Hans-Joerg Rudloff                   Barclays Capital Securities Limited, London    

Martin Scheck                           UBS AG, Zurich

Rutger V.C. Schellens               Rabobank International, Utrecht

Geert J.A.I. Van der Heyden     Fortis Bank, Brussels 

International Capital Market Association (ICMA)
The International Capital Market Association is the self-regulatory organisation and trade association representing constituents and practitioners in the international capital market worldwide. ICMA's members are located in 48 countries across the globe, including all the world's main financial centres, and currently number some 400 firms in total.
ICMA performs a crucial central role in the market by providing and enforcing a self-regulatory code of industry-driven rules and recommendations which regulate issuance, trading and settlement in international fixed income and related instruments.
ICMA liaises closely with regulatory and governmental authorities, both at the national and supranational level, to ensure that financial regulation promotes the efficiency and cost effectiveness of the capital market. www.icmagroup.org