London Stock Exchange PLC Response to OM bid lapse

The London Stock Exchange notes OM's announcement that it has failed to receive sufficient acceptances for its hostile offer and that the offer has now lapsed.

Don Cruickshank, Chairman of the London Stock Exchange, said: "I am pleased that the distraction of OM's offer is over. We are getting on with building the business from its strong foundations and implementing our strategy in full consultation with our shareholders and customers. To this end, we expect to announce the formation of the Exchange Markets Group within the next few weeks."