BME Spanish Exchanges Monthly Report - Trading Volume On BME’s Markets Increased In August - Equity Trading Volume On The SIBE Platform Stood At €65.66bn, Up 15% On The Same Month Last Year - Trading On The Latibex Market Was €53 Million, 10% Up On Augus

Equities

In August, €65.66bn in equities were traded on the Spanish market via the SIBE platform, a yoy increase of 15%. 1.4 million trades were made. The accumulated trading volume posted since January stood at €695.49bn, up 23% on 2005, while the number of trades carried out increased by over 26%.

€53 million was traded on the Latibex market in August, an increase of 10%. The accumulated trading volume stood at €509 million, up 51% on 2005, and the number of trades carried out rose by over 63%.

The IBEX 35® rose 2.76% during the month, with a gain of 13.1%. The return on the IBEX 35® (including dividends) for the same period stands at 16%. The accumulated return offered by the IBEX MEDIUM CAP® and IBEX SMALL CAP® indices is 18.47% and 20.16%, respectively. The accumulated return on the FTSE Latibex TOP index is 0.68%.

Exchange traded funds showed an effective trading volume of €102 million, with 300 trades made.

Warrants and Certificates

Trading volumes on the warrants and certificates market in August 2006 came in at €164 million, with 29,218 trades carried out. The accumulated figure to August 2006 was €1.887bn, up 27% on 2005. The number of trades made rose by 36%.

Futures and Options

1,523,561 futures and options were traded on the MEFF in August 2006. We highlight IBEX 35 Futures, the most heavily traded product on this market, with 477,495 contracts exchanging hands, 23% up on August 2005. We would also mention the 102,773 Mini IBEX Futures traded (up 23%).

To August, a total of 29 million contracts have been traded on the MEFF market, an increase of 25% on the same period last year. Highlights are: IBEX 35 Futures (4.1 million contracts, +26%), Stock Options (8 million contracts, +36%) and Mini IBEX Futures (1 million contracts, +37% vs. 2005).

Corporate Debt

Corporate debt traded on the AIAF in August stood at €869.876bn, putting the accumulated volume at €567.999bn, in line with last year’s figure of €574.52bn. New issues in August amounted to €38.62bn, vs. €19bn in August 2005. The accumulated volume between January and August stood at €337.91bn. The outstanding balance at the end of the month was €549.198bn, up 38.6% on the year.

SENAF

Volume traded on the SENAF public debt electronic trading platform in August was €13.96bn, up 24.6% vs. 2005.