Result Of Second Ballot For Election Of Directors To The Board Of LME Holdings Limited And, As A Consequence, The London Metal Exchange Limited

Linklaters & Alliance, to whom ballot papers had to be returned, have notified the directors of LME Holdings Limited that at 12.00 noon today the following votes had been received:

SHAREHOLDER REPRESENTATIVE (RDM) DIRECTOR CANDIDATES

Mr M A Slade, Refco Overseas Ltd, 7

Mr L J Scott, The Bank of Nova Scotia, 5

Number of ballot papers issued, 12

Number of ballot papers returned, 12

As a consequence of the above result, Mr M A Slade has been elected with effect from 1 January 2001.

SHAREHOLDER REPRESENTATIVE (ABCM) DIRECTOR CANDIDATES

Mr T R Wilson. AIG International Limited, 16

Mr M Fraenkel, Chase Manhattan International Limited, 12

Number of ballot papers issued, 33

Number of ballot papers returned, 28

As a consequence of the above result, Mr T R Wilson has been elected with effect from 1 January 2001.