Statement By Threadneedle Investments Regarding The London Stock Exchange

Michael Taylor, Head of Equities at Threadneedle Investments, commented: The LSE is the world's most successful cash equity trading platform operating in the world's most successful financial centre. As such, it has a strong future as a standalone business. However, it is clear that this franchise has huge attractions to a number of potential suitors.

As the LSE's largest shareholder, we have consistently encouraged the board of the LSE to take a bold and steadfast view of its future and, should independence no longer be tenable, to maximise the value of its unique franchise.

Commentators generally are now belatedly beginning to recognise the value of this business, likewise the market's valuation is beginning to reflect current realities. We are now willing to discuss proposals with interested parties with the long-term interest of our clients remaining our paramount concern.