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LIFFE: Appointment Of New Director

Date 12/10/2001

Yesterday, LIFFE (Holdings) plc (LIFFE) issued a circular to its shareholders in relation to the appointment of a new Board director. The circular informed the shareholders that Mr. Chinh Chu, of The Blackstone Group had been appointed to the Board of LIFFE in place of Dr. Richard Sandor.

The Chairman has expressed his thanks for Dr. Sandor's outstanding contribution to the Board during his time as a director of the company. LIFFE is delighted to confirm that Dr. Sandor will continue as a director on the Board of NQLX, LIFFE's joint venture with the Nasdaq Stock Market.