London Stock Exchange: Change of Directorate - Martin Wheatley To Step Down From Board

The London Stock Exchange announces that Martin Wheatley is stepping down from the Board with effect from 1 April 2004 after 18 years of service with the Company.

Martin Wheatley most recently took responsibility for the Company's Regulatory Strategy and Communications functions.

Clara Furse, Chief Executive, commented: "Martin has made an outstanding contribution to the Exchange’s development; in particular he played a key role in establishing the successful SETS electronic order book and during the Exchange's demutualisation in 2000. We thank Martin for his dedication, enthusiasm and hard work and wish him well for the future."