SGX Statement: Delay In Implementation Of Trading Link With Bursa Malaysia

We refer to press comments made by Bursa Malaysia (BM) today that the trading link between Singapore Exchange (SGX) and BM may not be launched by end-2006, due to a delay in the implementation of BM’s new trading platform.

SGX expects the delay with BM’s new trading platform to impact the target launch date of the trading link between both exchanges. We will be reviewing the situation with BM and will announce a new target launch date in due course.