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Nov 16, 2010

Eurex Clearing

Redemption of Bank Guarantees as accepted Contribution to the Clearing Fund

In its meeting on November 10, 2010, the Executive Board of Eurex Clearing AG decided to amend Chapter I, section 6.1.2 of the Clearing Conditions for Eurex Clearing AG for the purpose of abolishing bank guarantees as accepted contribution to the Clearing Fund. This decision will take effect on January 31, 2011. Until then the affected Clearing Members have the opportunity to exchange their bank guarantees against accepted securities or cash collateral where omission of the bank guarantees would result in a deficit in their Clearing Fund contribution.

We recommend all Guarantees who have not yet been contacted personally via e-mail to contact our Member Services & Admission team in order to clarify the details for returning the bank guarantee documents.

Please clarify any further questions with your account manager at Member Services & Admission.