Market report September 2007

London Stock Exchange Group PLC 08 October 2007 News Release 8 October 2007 MR75-09.07 VERY STRONG SETS TRADING SUSTAINED IN RECORD SEPTEMBER The average daily number of trades on SETS, the London Stock Exchange's electronic order book, was 575,988 during September 2007, the second highest monthly average on record and an increase of 84 per cent on September 2006. The average daily value traded also increased, up 46 per cent year on year to £8.4 billion. The total number of trades on SETS during the month was 11.5 million and the total value traded reached £168.0 billion. Within the SETS totals, SETSmm continued to show strong growth, with the average daily number of trades up 120 per cent year on year to 152,347, and the average daily value traded up 88 per cent to £1.0 billion. Also reflected in the SETS figures, the International Order Book (IOB) had another very good month. The average daily number of trades on the IOB increased 61 per cent to 4,057, and the average daily value traded increased by 41 per cent to £326.5 million. The expansion of the ETF market also continued, with 25 new ETFs admitted to trading during the month, including the Exchange's first ETFs from both Deutsche Bank and Spa ETF plc. The average daily number of trades in ETFs was up 189 per cent on September last year to 2,303, and the average daily value traded up 188 per cent to £153.5 million. The total value traded in ETFs during the first nine months of 2007 has more than doubled compared with the same period last year; up 116 per cent to £26.3 billion. There were 20 new issues on the Exchange's markets during September, including 16 new issues on AIM, which raised £100.7 million between them. Of these, four were AIM IPOs raising £33.8 million between them. There were 26 further issues on the Main Market, raising a combined £164.9 million, and 134 further issues on AIM, raising £132.1 million. RNS, the Exchange's service for the dissemination of company news, issued 16,118 announcements during September, an increase of 18 per cent on the same month last year. Of these, 5,890 were news and results announcements, representing an 85.8 per cent share of all such announcements made in the UK market. There were 20 trading days in September 2007, one fewer than in September 2006. - ends - For further information, please contact: Catherine Mattison Press Office +44 (0)20 7797 1222 newsroom@londonstockexchange.com Notes to editors: • From next month the format of this monthly report will change to reflect the London Stock Exchange's merger with Borsa Italiana which completed on 1 October 2007. • About the London Stock Exchange The London Stock Exchange is the world's premier international equity exchange and a leading provider of services that facilitate the raising of capital and the trading of shares. The London Stock Exchange is the most international equities exchange in the world and Europe's largest pool of liquidity. By the end of 2006, the market capitalisation of UK and international companies on the London Stock Exchange's markets amounted to £4.4 trillion, with £6.7 trillion of equity business transacted over the year. The London Stock Exchange is a Recognised Investment Exchange (RIE) under the Financial Services and Markets Act 2000 and is supervised by the Financial Services Authority. Companies considering flotation have a choice of markets: AIM AIM is the London Stock Exchange's international market specifically designed for smaller, growing companies, combining the benefits of a public flotation with appropriate levels of regulation. Main Market The London Stock Exchange's Main Market for established companies seeking international recognition is one of the world's best known, longest-established and most liquid markets. It is home to some of the world's largest and most successful companies, giving them access to one of the deepest pools of capital in the world. Professional Securities Market The Professional Securities Market was established in July 2005, to coincide with the introduction of the FSA's new Listing Rules. PSM provides a solution for those issuers seeking to list securities in London without having to re-state their financial information to IFRS or follow the additional requirements of an offering to retail investors. Debt securities or depository receipts of any denomination may be listed on PSM on production of a prospectus aimed at a wholesale or professional audience. • IPO An IPO or Initial Public Offering is when a new company joins one of our markets and raises capital by issuing shares. This excludes transfers and introductions (when companies join the market without raising money). • Indices Indices are calculated and managed by FTSE Group, a world-leader in the creation and management of global equity indices. The FTSE Group is jointly owned by the London Stock Exchange and the Financial Times, but operates as an autonomous company. For information about the company or any FTSE indices, please contact media@ftse.com • SETS - the electronic order book It is over nine years since the launch of SETS and the order book continues to go from strength to strength, compressing spreads and significantly improving liquidity. SETS has recently delivered record increases in the number of orders entered and executed as new technology improves efficiency and fuels growth. • SETSmm SETSmm is the Exchange's trading service for FTSE 250 and other leading non order book securities. By combining the best features of the existing SETS and SEAQ trading services, SETSmm appeals to market users who want to trade electronically, as well as those customers who use the market making system. • International Order Book (IOB) The IOB is the Exchange's order book for the trading of international Depositary Receipts, negotiable certificates which represent ownership of a given number of a company's shares and can be listed and traded independently from the underlying shares. • Retail Trading Figures Retail trading figures are available from our website at - www.londonstockexchange.com/en-gb/products/membershiptrading/retailtradestat Figures are available from November 2002 to date. SEPTEMBER 2007 2007 2006 DOMESTIC EQUITY TRADING Month Year to date Month Year to date Equity Trading Value (£m) 316,608 3,137,967 246,204 2,384,016 Number of Equity Trades 12,469,512 106,981,436 7,394,423 65,398,496 INTERNATIONAL EQUITY TRADING Equity Trading Value (£m) 370,757 3,825,488 287,015 2,482,795 Number of Equity Trades 3,682,535 30,442,427 1,879,459 15,282,634 ORDER BOOK TRADING Order Book Value (£m) 167,977 1,585,224 120,780 1,119,456 Order Book Trades 11,519,758 97,577,415 6,576,945 56,694,220 September 2007 September 2006 DOMESTIC MARKET CAPITALISATION (£bn) 2,052 1,916 TOTAL NUMBER OF COMPANIES 3,297 3,212 Main Market UK 1,250 1,292 Main Market International 338 315 of which techMARK 128 141 AIM 1,682 1,590 Professional Securities Market (Equity only) 27 15 2007 2006 MONEY RAISED (£m) Month Year to date Month Year to date Equity Money Raised: New issues: Main Market UK - 5,388 292 5,858 New issues: Main Market International - 9,294 - 6,575 New issues: AIM 101 5,230 343 6,344 Further issues: Main Market UK 165 7,659 1,001 9,847 Further issues: Main Market International - 527 - 1,243 Further issues: AIM 132 7,858 81 3,994 PSM (new & further, UK & International) - 285 - 527 COMPANIES ADMITTED 20 309 37 395 Debt Money Raised (£m) Main Market UK 14,722 127,197 21,148 106,522 Main Market International 9,958 175,168 23,031 142,568 PSM ( PSM (UK & International) 52 10,155 120 9,274 This information is provided by RNS The company news service from the London Stock Exchange
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