GROWTH IN SETS TRADES DURING SEPTEMBER

The number of trades on SETS™ the London Stock Exchange's electronic order book, increased to 3.06 million in September 2003, a 30 per cent increase on the 2.34 million trades in September 2002. The value traded on SETS during the month was £69.4 billion, up from £58.1 billion in September 2002. There were 22 business days in September 2003 compared with 21 in September 2002.

The average daily number of trades on SETS was 138,932, up 24 per cent from 111,612 in September 2002. The average daily value of these trades rose 14 percent, to £3.16 billion in September this year from £2.77 billion in September 2002.

The total number of UK trades on the Exchange increased to 4.40 million in September 2003, up 32 per cent compared with 3.33 million in September 2002. The total number of equity trades was 5.22 million in September 2003, compared with 4.58 million in September 2002, an increase of 14 per cent. The total value of shares traded this September was £364.9 billion, up from £342.2 billion last September.

On the primary market, there were 21 new issues during September 2003, eight of which were IPOs on AIM, raising £66.57 million between them. This compares with 14 new issues, of which three were IPOs, in September 2002.

For further information, please contact:

• 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 2002, the market capitalisation of UK and international companies on its markets amounted to £3.1 trillion, with £4.6 trillion of equity 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 six years since the launch of SETS and the service continues to go from strength to strength. Overall, the market is benefiting from tighter spreads and greater liquidity. 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).

  
  

• Retail Trading Figures

  Retail trading figures are available from our website at - http://www.londonstockexchange.com/trading/retailtrade.asp
  Figures are available from November 2002 to date.

LONDON STOCK EXCHANGE

MONTHLY FACTSHEET FIGURES

	October 2003
		2003		2002
	DOMESTIC EQUITY TRADING	Month	Year to date	Month	Year to date
	Equity Trading Value (£m)	200,299	1,560,049	154,036	1,550,645
	Number of Equity Trades	4,598,411	38,591,365	3,813,602	31,235,934
	INTERNATIONAL EQUITY TRADING
	Equity Trading Value (£m)	174,450	1,455,336	232,906	2,424,621
	Number of Equity Trades	818,125	7,632,440	1,526,571	12,939,069
	ORDER BOOK TRADING
	Order Book Value £m	73,007	599,074	62,178	571,952
	Order Book Trades	3,272,393	27,412,245	2,671,306	19,489,634
		October 2003		October 2002
	DOMESTIC MARKET CAPITALISATION £bn		1,324		1,178
	TOTAL NUMBER OF COMPANIES		2,685		2,836
	UK list	1,573		1,717
	Foreign	390		422
	AIM	722		697
	of which techMARK	183		220
		2003		2002
	MONEY RAISED £m	Month	Year to date	Month	Year to date
	UK & AIM New Issues Equity	178	2,014	25	5,051
	Further, Rights and Other	550	4,724	486	11,526
	Bonds, Warrants, Fixed Interest	12,103	84,990	6,168	60,310
	Int. New Issues Equity	-	100	-	-
	Further, Rights and Other	41	4,889	3,734	5,455
	Bonds, Warrants, Fixed Interest	8,580	73,333	3,744	62,610
	COMPANIES ADMITTED	21	141	18	198

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