HKEx And LME - Update On Legal Proceedings: Class Action Lawsuits Filed In The United States - Metal Warehousing

As disclosed in the announcements dated 4 and 7 August 2013 as well as 14 March, 13 May and 25 September 2014 (collectively, the “Announcements”), Hong Kong Exchanges and Clearing Limited (“HKEx”), along with its subsidiaries, The London Metal Exchange (the “LME”) and LME Holdings Limited (“LMEH”), were named as co-defendants in class action lawsuits filed in theUnited States (“US”) alleging anti-competitive and monopolistic behaviour in metal warehousing in connection with aluminium prices. Of the 26 class actions filed, 24 were consolidated into 3 complaints (the “first level” purchasers of primary aluminium complaint, the consumer end users of aluminium complaint and the commercial end users of aluminium complaint).

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