13/05/2009 – Icap Launches Iron Ore Derivatives Broking Service

London, 13 May 2009 - ICAP plc (IAP.L), the world’s premier interdealer broker,
announced on Wednesday that it has launched a new broking service for global iron ore
derivatives, offering market participants the ability to offset risk exposures in one of the
world's leading base metal asset classes. The new service builds on ICAP’s existing
presence in both base and precious metals.

Major iron ore producers and steel makers have long had to rely on annual fixed price
contract negotiations, however the significant price swings and volatility observed in the
asset class over the past 18 months has highlighted the flaws governing the long term
contract system and the inflexibility it offers prudent risk managers from both the buy and
sell side. Consequently, an increasing number of physical market participants are
entering into swap agreements that provide both price certainty and flexibility in a capital
efficient manner.

ICAP will use its electronic capabilities to provide iron ore derivative price distribution
between Asia, Europe, and the Americas, providing global execution and research
services to a broad spectrum of market participants.
Commenting on the launch, Paul Newman, Managing Director of ICAP Energy Ltd. said
"ICAP has proven its ability to build derivative liquidity and transparency in emerging
asset classes, and we believe the physical transition being observed in today's iron ore
market offers interesting opportunities. By combining our voice broking expertise with
ICAP's global electronic footprint we are well placed to provide derivative trading
synergies between iron ore and our existing coal, freight, and base and precious metals
services."

Sean Mulhearn, Global Head of Commodity Sales, Standard Chartered, said "Iron ore
and steel remain two of the world's largest asset classes that until more recently have
remained absent of an efficient and flexible price hedging mechanism. Derivative
solutions in these asset classes will naturally compliment the likes of other well
established financial markets in base metals, energy and freight and will allow
companies the opportunity to manage these exposures."

Don McClumpha, Deputy CEO, ICAP Asia-Pacific, said "With a greater concentration of
physical iron ore trade being exposed to spot market volatility, and a global focus fixated
on seaborne trade in Asia, the region occupies a significant position in the future
development of the iron ore derivatives market. Combining ICAP’s existing voice broking
presence spanning eleven countries in the region with our technology will provide our
Asian based customers with a centralised liquidity pool that can leverage ICAP's global
connectivity to other market participants worldwide.”

ICAP is a world leader in the provision of commodity trading services including crude oil
and refined products, coal, electricity, emissions, carbon emissions, natural gas, and
weather derivatives. As a Category Two member of the London Metal Exchange, ICAP
also offers clients execution and clearing services in the wholesale base metals
marketplace. ICAP was also the first interdealer broker to provide electronic trading for
spot gold, silver, platinum, and palladium through its EBS platform.

16/11/2008 – Icap And Prism Valuation Finalise Agreement
London, 14 November 2008 – ICAP (IAP.L), the world’s premier interdealer broker, and Prism Valuation, a leading provider of mark to market and valuations services, have finalised an agreement that will allow Prism Valuation to use ICAP data as the main underlying source of OTC information for its services. The agreement between ICAP Information Services, ICAP's market data division, and Prism Valuation covers a broad range of OTC data generated from ICAP’s interdealer broker activities and will be used to assist in the valuation of complex structured products . Antoine Kohler, Managing Director, ICAP Information Services, says: “ICAP has made significant inroads in establishing its data as the benchmark for valuation services and we are delighted to enter this relationship with Prism Valuation. Prism Valuation has considerable expertise with valuation solutions for OTC products and offers an independent service to effectively mark-to-market hard to value products.” Prism Valuation provides transparent valuations for complex OTC derivatives and structured products including interest rates, FX, inflation, equities, credit, commodities and hybrids. The Prism Valuation team emulates the valuation processes of a typical structured products trading desk by synthesizing the most important components required for valuation and analysis: up-to-date market data, appropriate valuation models and targeted calibration strategies. Prism Valuation offers valuation transparency reports discussing the models and calibration strategies selected, as well as a breakdown of how the valuation for each deal was determined. Delivering this level of transparency creates an effective independent valuation process, thereby helping clients comply with current regulatory and auditing demands. Greg Cripps, President and CEO of Prism Valuation, said, “ICAP has a strong reputation as the benchmark in many OTC markets and we look forward to expanding our offering of independent valuation services using ICAP's data. We will continue to work closely with ICAP to ensure we deliver to our customers the valuations and transparency they require to adapt to an increasingly regulated global business environment.” In addition to the data agreement, ICAP will become a minority shareholder in Prism Valuation. Financial terms of the investment were not disclosed.

06/08/2008 – Icap Electronic Fx Broking Volumes Up Nine Percent In July
London, 6 August 2008 - ICAP (IAP.L), the world’s premier interdealer broker, announced on Wednesday that average daily electronic broking volumes in the twelve months ending 31 July 2008 increased by 20 percent over the corresponding period in 2007 to US$854.1 billion (2007: $709.7 bn). Average daily volumes in July 2008 were slightly lower compared with July 2007 at US $803.4 billion (July 2007: $808.1 bn). Average daily spot FX volumes on the EBS platform rose nine percent in July 2008 to $206 bn (July 2007: $189.4 bn). Growth recorded in average daily spot FX volumes during the 12 month period ending 31 July 2008 was up 40 percent year on year, from $153.9 bn to $215.9 bn. In the 12 months ended 31 July 2008, average daily volumes in fixed-income products traded on ICAP’s BrokerTec platform increased 15 percent to $638.3 bn (2007: $555.7 bn). Volumes in U.S. Treasury products have increased 26 percent in the same period. Each month ICAP publishes average daily volume data in spot FX, U.S. Treasury and European and U.S. repo products. This monthly data, including a year on year analysis, is available on www.icap.com.

04/08/2008 – Icap Introduces Internet Access To Ebs Spot Fx Platform
London, 4 August 2008 - ICAP (IAP.L), the world’s premier interdealer broker, today announced the launch of a new web-based service offering access to the award-winning spot FX platform EBS. EBS Global Access allows traders, via the Internet, to access the same global liquidity pool and counterparty community as traditional keypad access, with virtually immediate deployment time. EBS Global Access leverages the existing EBS global architecture, offering customers the liquidity, reliability and security associated with the EBS platform, but requires no dedicated hardware at the customer site. The launch marks the conclusion of a four-month beta testing period, involving more than 10 institutions. “As the global FX, NDF and precious metals markets continue to grow, it is vital that we reach out to new customer groups in new regions,” said David Rutter, Deputy CEO, ICAP Electronic Broking. “EBS Global Access broadens access to the EBS global liquidity pool and allows us to expand our full service product offering to reach participants that we may not have been able to reach before.” Randy Hebert, Head of FX Trading, BBK, says “EBS Global Access provides both the global spot FX liquidity source as well as a cost effective solution. I think the EBS Global Access will provide access to a huge trading community of bank and non bank participants.” ICAP is a leading trading venue for spot FX, forward FX, FX options and non-deliverable forwards for both electronic trading and voice broking. The EBS platform is an award-winning, screen-based anonymous dealing system for professional spot traders.