Market Report - July 2002

London Stock Exchange Plc
07 August 2002

7 August 2002



                      MONTHLY MARKET REPORT FOR JULY 2002

   RECORD SETS VOLUMES IN JULY DURING MONTH OF HEAVY TRADING ACROSS EXCHANGE



A month of heavy trading on the London Stock Exchange in July 2002 saw a record
number of trades on SETS, the Exchange's electronic order book. The Exchange
today published its monthly market activity figures for July (see attached).



The total number of UK trades on the Exchange increased to 3.89 million trades
in July 2002, up by 56 per cent compared with 2.50 million in July 2001.  Taking
in to account 23 business days in July 2002 against 22 in the same month 2001,
there was a 49 per cent increase in the average daily number of UK trades to
169,316 trades in July 2002, up from 113,586 in July 2001.



The rise in market volume was most notable on SETS, where there was a 103 per
cent increase in the total number of trades: a record 2.63 million trades in
July 2002 compared with 1.30 million in the corresponding period in 2001.  As a
result, SETS' market share increased to 64 per cent for the month.



On 16 July 2002, there were 158,147 trades on SETS - a one-day record for SETS
trading volumes.



Meanwhile, on the primary market there were 22 new issues during July 2002, 8 of
which were IPOs. Of the IPOs, 3 were on the main market and 5 were on AIM,
raising £385.6 million between them.



                                    - Ends -



For further information, please contact:



John Wallace                         Press Office   [phone]


LONDON STOCK EXCHANGE

MONTHLY FACTSHEET FIGURES


July 2002


                                                    2002                             2001
DOMESTIC EQUITY TRADING                        Month    Year to date            Month    Year to date

Equity Trading Value (£m)                    188,229       1,115,452          141,660       1,152,260
Number of Equity Trades                    3,894,264      21,100,516        2,498,899      18,076,259


INTERNATIONAL EQUITY TRADING

Equity Trading Value (£m)                    272,960       1,824,718          286,248       2,394,508
Number of Equity Trades                    1,428,206       9,043,061        1,476,146       9,454,594


                                                       July 2002                July 2001

DOMESTIC MARKET CAPITALISATION £bn                                    1,258                       1,625

TOTAL NUMBER OF COMPANIES                                             2,881                       2,926

UK list                                                 1,770                    1,862
Foreign                                                   432                      477
AIM                                                       679                      587
of which techMARK                                         229                      249




                                                     2002                            2001
MONEY RAISED £m                                 Month    Year to date          Month    Year to date

UK & AIM New Issues Equity                        387           4,974          2,448           5,704
Further, Rights and Other                       2,316           9,419            515          11,948
Bonds, Warrants, Fixed Interest                 8,287          52,339          7,520          51,393
Int. New Issues Equity                              -               -             70           3,292
Further, Rights and Other                         457           1,715             15           1,312
Bonds, Warrants, Fixed Interest                 7,320          50,577          4,729          55,573


COMPANIES ADMITTED                                 22             145             27             188


INDICES PERFORMANCE                              Month Close        Mvt in Month           Mvt in Year
FTSE100                                              4,246.2                 -9%                  -19%
FTSE All Share                                       2,050.8                 -9%                  -19%
FTSE techMARK 100                                      773.7                -11%                  -47%
FTSE AIM                                               683.8                -10%                  -24%






                      This information is provided by RNS
            The company news service from the London Stock Exchange