The total number of UK trades on the London Stock Exchange increased to 2.81 million in December 2002, up 23 per cent compared with 2.29 million in December 2001. There were 20 trading days in December 2002 compared with 19 in December 2001. In total for 2002, the number of UK trades rose to 37.51 million, up 17 per cent from 32.13 million in 2001.

The number of trades on SETS™, the London Stock Exchange’s electronic order book, increased 50 per cent in December 2002 to 1.97 million trades compared with 1.32 million in December 2001. However, the average daily value traded on SETS decreased by six per cent to £2.01 billion in 2002, from £2.15 billion in December 2001. For the year as a whole there were 23.84 million SETS trades, which represented a 51 per cent increase on 2001.

The total number of UK and international trades on the Exchange in December 2002 rose four per cent to 3.81 million up from 3.66 million in December 2001. The value of UK & international trades over this period declined 23 per cent. Over the course of 2002 as a whole, there were 52.67 million UK and international trades, which represented a six per cent increase on the 49.59 million trades in 2001.

On the primary market there were 17 new issues during December 2002, 7 of which were IPOs, 2 on the Main Market and 5 on AIM raising £170 million between them. This compares with 26 IPOs in December 2001 – 9 on the Main Market, 17 on AIM, together raising £475.48 million.

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Notes to editors:

• About the London Stock Exchange:

  The London Stock Exchange is one of the world’s leading equity exchanges and a leading provider of services that facilitate the raising of capital and the trading of shares.

  The London Stock Exchange is the most international equities exchange by trading in the world and Europe's largest pool of liquidity. By the end of 2001, the market capitalisation of UK and international companies on its markets amounted to £4.1 trillion, with over £5.6 trillion of business transacted over the year. The London Stock Exchange is a Recognised Investment Exchange (RIE) under the Financial Services and Markets Act 2000 and is supervised by the Financial Services Authority.

• SETS – the electronic order book.

  It is now five years since the launch of SETS and the service continues to go from strength to strength. Overall, the market is benefiting from tighter spreads, greater liquidity and lower execution costs. Usage of SETS continues to grow, as shown by recent record increases in the number of orders entered, the number of firms using the order book and order book share of business.

  Indices are calculated and managed by FTSE Group, a world-leader in the creation and management of global equity indices. The FTSE Group is jointly owned by the London Stock Exchange and the Financial Times, but operates as a wholly autonomous company.

  For information about the company or any FTSE indices, please contact media@ftse.com

  IPO - when a new company joins our market raising money. This excludes transfers and introductions (a company that joins a market without raising money).

LONDON STOCK EXCHANGE
MONTHLY FACTSHEET FIGURES

	December 2002
		2002		2001
	DOMESTIC EQUITY TRADING	Month	Year to date	Month	Year to date
	Equity Trading Value (£m)	105,935	1,815,034	119,351	1,904,845
	Number of Equity Trades	2,812,373	37,508,832	2,294,426	32,130,988
	INTERNATIONAL EQUITY TRADING
	Equity Trading Value (£m)	152,408	2,780,317	217,675	3,676,342
	Number of Equity Trades	1,002,167	15,159,382	1,364,847	17,454,095
	ORDER BOOK TRADING
	Order Book Value £m	40,165	670,500	40,800	650,210
	Order Book Trades	1,974,364	23,839,550	1,315,494	15,750,253
		December 2002		December 2001
	DOMESTIC MARKET CAPITALISATION £bn		1,158		1,535
	TOTAL NUMBER OF COMPANIES		2,824		2,891
	UK list	1,701		1,809
	Foreign	419		453
	AIM	704		629
	of which techMARK	210		243
		2002		2001
	MONEY RAISED £m	Month	Year to date	Month	Year to date
	UK & AIM New Issues Equity	170	5,375	195	6,587
	Further, Rights and Other	178	12,017	1,341	13,948
	Bonds, Warrants, Fixed Interest	7,770	87,019	8,587	85,681
	Int. New Issues Equity	-	-	289	3,581
	Further, Rights and Other	-	5,455	3,116	4,883
	Bonds, Warrants, Fixed Interest	6,096	73,284	4,437	81,363
	COMPANIES ADMITTED	17	228	36	304

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