BOAT Attracts New Clients

London, 7 June 2007 - BOAT, a consortium of banks launched to address regulatory changes in the financial markets with respect to pre- and post-trade market data provision, today announced
that Barclays Capital, BNP Paribas, Dresdner Kleinwort, JPMorgan and Royal Bank
of Scotland have selected BOAT as their chosen solution for meeting the European Markets
in Financial Instruments Directive’s (“MiFID”) pre- and post-trade reporting obligations.

Will Meldrum, Managing Director and Head of BOAT at Markit, said: “We are delighted that these key customers have chosen to use the BOAT platform in future for their post-trade reporting. This will aid transparency and operational efficiency in the over-the-counter equity markets.”

BOAT will provide market participants with the pre- and post-trade reporting facilities required of investment firms as a result of MiFID which comes into force on 1 November 2007. Under the MiFID rules, all over-the-counter (OTC) trades in equities in the European Economic Area must be reported and published to the market. BOAT is open to all market participants.

Guillaume Lemarchand, Co-Head of Global Execution Services at BNP Paribas, said: “While MiFID is universally seen as a positive initiative by banks that have a strong focus on execution, compliance with reporting requirements commands heavy investment, especially in terms of data. By teaming up with the consortium, we will minimise costs and be able to invest more in tailored client-specific products and services.”

-Ends-

For further information, please contact:

Caroline Lumley
Associate, Corporate Communications
Markit
Telephone: +44 20 7260 2047
Email: caroline.lumley@markit.com

About BOAT

BOAT is a consortium of nine leading investment banks (ABN AMRO, Citigroup, Credit
Suisse, Deutsche Bank, Goldman Sachs, HSBC, Merrill Lynch, Morgan Stanley, and UBS)
that was launched in September 2006 in order to create a central platform for the collection, collation, validation, storage and distribution of pre- and post-trade information as required by investment firms operating off-exchange as allowed under MiFID.

About Markit

Markit is the leading provider of independent data, portfolio valuations and OTC derivatives trade processing to the global financial markets. The company receives daily data contributions from over 80 dealing firms, and its services are used by almost 1,000 institutions to enhance trading operations, reduce risk and manage compliance. Markit is BOAT’s business partner.

If you are interested in subscribing to BOAT email us at BOATSales@markit.com.