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Change of Directorate

06 February 2004

The London Stock Exchange announces that Martin Wheatley is stepping down from the Board with effect from 1 April 2004 after 18 years of service with the Company.

Martin Wheatley most recently took responsibility for the Company’s Regulatory Strategy and Communications functions.

Clara Furse, Chief Executive, commented:

“Martin has made an outstanding contribution to the Exchange’s development; in particular he played a key role in establishing the successful SETS electronic order book and during the Exchange’s demutualisation in 2000. We thank Martin for his dedication, enthusiasm and hard work and wish him well for the future.”

- ends -

London Stock ExchangeJohn Wallace - MediaTel: +44 (0)20 7797 1222
 Paul Froud - Investor RelationsTel: +44 (0)20 7797 3322
 Ruth Anagnos - Investor RelationsTel: +44 (0)20 7797 3322
FinsburyJames MurgatroydTel: +44 (0)20 7251 3801
 Melanie GerlisTel: +44 (0)20 7251 3801

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