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London Stock Exchange Group Plc Clarification Statement - Portfolio Margining Service Between LSEG And Deutsche Börse AG

Date 27/04/2016

During the Q1 2016 investor call held on 27 April 2016, a research analyst asked the Chief Financial Officer of London Stock Exchange Group ("LSEG") a question in relation to the potential for regulatory capital relief through portfolio margining, in connection with the introduction of a portfolio margining service between LSEG and Deutsche Börse AG ("DBAG").

LSEG has already noted that the planned development of a portfolio margining service between OTC and listed rate derivative clearing markets would provide significant customer benefits through margin relief and cost of capital savings. These potential benefits have not been quantified at this stage. The portfolio margining service will be subject to full regulatory approvals, adhering to all current EU regulations including EMIR.