Euroclear

  www.euroclear.com

The Euroclear group of international and national central securities depositories (CSDs) enjoys mutually beneficial relationships with CSDs around the world. We provide access for Euroclear’s clients from more than 90 countries to local counterparties in more than 40 markets while helping clients of local CSDs settle cross-border transactions with counterparties that are members of Euroclear group CSDs.

The Euroclear group provides settlement and related securities services for domestic and cross-border transactions involving domestic and international bonds, equities, derivatives and investment funds.

The Euroclear group includes the international CSD, Euroclear Bank, based in Brussels , which is rated AA+ by Standard & Poor’s and Fitch Ratings. The group also includes Euroclear , Euroclear , Euroclear , Euroclear Nederland, Euroclear and Euroclear & . Euroclear also owns EMXCo, a leading provider of investment-fund order routing, and Xtrakter, owner of the TRAX trade matching and reporting system.

The Euroclear group settled the equivalent of more than EUR 560 trillion in securities transactions in 2008, representing 157 million domestic and cross-border transactions, and held more than EUR 18 trillion in assets for clients.

For more information, please consult www.euroclear.com.