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Dec 09, 2010

Eurex Clearing

Equity Options: Extension of Decimal Places for Settlement Prices

With the introduction of Eurex Release 13.0, the number of available digits for settlement prices for equity options was extended. As prices with up to four decimal places may occur on cash markets, the Executive Board of Eurex Clearing AG decided to standardize the number of decimal places at four decimal places for all equity options denominated in euro, Swiss franc and U.S. dollar. Settlement prices for British equity options will remain unchanged at two decimal places.

In view of the number of equity options, the introduction will take place in four steps. The change will be implemented with effect from January 19, 2011, January 26, 2011, February 2, 2011 and February 9, 2011. Please refer to the attachment for the products concerned with introduction dates.