Result of EGM

London Stock Exchange
19 October 2000

                                                               19 October 2000

                   RESULT OF EXTRAORDINARY GENERAL MEETING

At the Extraordinary General Meeting of the Company held at 12.00 noon today,
the special resolution to amend the articles of association in respect of the
4.9 per cent shareholding limit was not approved by shareholders.

The result of the poll was 46.7 per cent in favour and 53.3 per cent against
the resolution. Under the provisions of the Companies Act, any resolution to
amend a company's articles of association must have at least 75 per cent of
votes cast in favour.

8,479,273 shares (representing 28.5 per cent of the issued share capital) were
voted in favour of the resolution and 9,674,453 shares (representing 32.6 per
cent of the issued share capital) were voted against the resolution.

Following the vote, Don Cruickshank, Chairman of the London Stock Exchange,
said: 'The decision taken today by our shareholders effectively means that any
bidder needs to obtain the support of 75 per cent of our shareholders to buy
the London Stock Exchange. This reinforces the Board's view that the London
Stock Exchange is not up for sale.'



For further information contact:

London Stock Exchange

Kay Dixon                020 7797 1222

Jeremy Hughes

Schroder Salomon Smith Barney

Philip Robert-Tissot     020 7986 4000

Brunswick

Derek Bainbridge         020 7404 5959

David Brewerton



Schroder Salomon Smith Barney, which is regulated in the United Kingdom by The
Securities and Futures Authority Limited, is acting for London Stock Exchange
plc and no one else in connection with the offer by OM and will not be
responsible to anyone other than London Stock Exchange plc for providing the
protections afforded to its customers or for providing advice in relation to
the offer by OM. Schroder Salomon Smith Barney has approved this press release
for the purposes of Section 57 of the Financial Services Act 1986.