Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

London Metal Exchange: Notice Of Investigation: Primary Aluminium Market

Date 05/08/2003

Under Regulation 9.1.3 of Part 2 of the LME's Rules and Regulations, the Exchange has today initiated a formal investigation into the LME aluminium market.

Amongst other things, the investigation will cover the price curve and its development over recent weeks, LME stock levels and movements both onto and off warrant, cancellation of warrants, off-warrant stock levels, individual trading patterns and possible collusion between market participants.

The investigation will be conducted by the Exchange's Regulation and Compliance Division.