Recommended All-Share Merger Between London Stock Exchange Group Plc And Deutsche Börse AG - Dividend Update

London Stock Exchange Group plc ("LSEG") notes the 15 February 2017 announcement by Deutsche Börse AG ("Deutsche Börse") proposing to pay to their shareholders a €2.35 ordinary dividend per share for FY 2016.

As detailed in the scheme circular dated 1 June 2016, LSEG is entitled to declare and pay an equalising dividend of 89.4 pence per share so as to reflect the value attributable to any such Deutsche Börse dividend (the "Dividend Entitlement"), without any consequential change to the LSEG Exchange Ratio. For the avoidance of doubt, this Dividend Entitlement is in addition to the 12.0 pence per share interim dividend paid to LSEG shareholders on 20 September 2016.

The aggregate Dividend Entitlement will be split between the LSEG final ordinary dividend for FY2016 and a separate special dividend. A further update with respect to these dividends will be made with the LSEG Preliminary Results on 3 March 2017. The payment of any special dividend is contingent on completion of the Merger of LSEG and Deutsche Börse, and will be payable to LSEG shareholders on the register at the requisite record date prior to Completion.