Margin Rate Changes

1. LCH.Clearnet Ltd has revised the London SPAN parameters for RepoClear. These changes will be made effective from the close of business on Friday 18 December 2009 and will be reflected in margin calls on Monday 21 December 2009.

2. Changes have been made to the Greek and EUR A GC margin rates.

3. This circular supersedes LCH.Clearnet Ltd Circular No 2553; RepoClear/139 dated 2 December 2009.

4. Details of the LCH.Clearnet Ltd RepoClear Circular can be found on the LCH.Clearnet website (www.lchclearnet.com) under Risk Management > Ltd > Margin rate circulars > RepoClear.

5. For further information please contact:

   LCH.Clearnet Ltd

   Risk Operations

   020 7426 7520

Chris Jones
Director, Risk Management

RepoClear Margin Rate Change Spreadsheet